02547cam a22003734a 4500003000800000005001700008007000300025008004100028020001500069040001800084041000800102042000800110043001200118050002300130082001500153245007900168260004400247300003600291500006900327504006600396520118800462650004301650650003701693650002401730650003401754650006001788650004801848650003001896651003201926651005001958651004802008700002602056856009102082BJBSDDR20230411090112.0ta030131s2003    dcua     bs  i001 0 eng    a082135356X  aDLCcDLCbspa  aspa  apcc  aae-----00aHC 460.5bI58 200300a330.9522100aInnovative East Asia :bthe future of growth /cShahid Yusuf ... [et al.].  aWashington, D.C. :bWorld Bank,cc2003.  axviii, 439 p. :bill. ;c24 cm.  a"A copublication of the World Bank and Oxford University Press."  aIncludes bibliographical references (p. [373]-421) and index.  aThe salience of East Asia in the global economy is now unquestionable, and with a population of nearly 1.9 billion, its expanding markets will strongly influence the tempo of international trade and the growth of global incomes. However, while the potential of East Asian economies has been amply demonstrated, their future performance is by no means assured.

The crisis of 1997, the uneven recovery, the intensifying trade competition, and the rapidity of technological change, call for initiatives by governments and by firms on several fronts. East Asia needs to sustain its hard-earned stability by recalibrating its fiscal and exchange rate policies, by strengthening social safety nets and governance, and by invigorating financial, regulatory, and legal institutions. Yet these are only preconditions; future economic performance will depend on linking growth to productivity.

The major contribution of 'Innovative East Asia' is that it identifies and analyzes the ingredients of an innovative economy, discusses how these can be meshed together by government policy and market initiatives, and demonstrates how stability can be a stepping stone to innovation-driven growth. 0aEast AsiaxForeign economic relations. 0aInvestments, ForeignzEast Asia. 0aFinancezEast Asia. 0aIndustrial policyzEast Asia. 0aTechnological innovationsxEconomic aspectszEast Asia. 0aGlobalizationxEconomic aspectszEast Asia. 0aSocial changezEast Asia. 0aEast AsiaxEconomic policy. 0aEast AsiaxEconomic conditionsy21st century. 0aEast AsiaxSocial conditionsy21st century.1 aYusuf, Shahid,d1949-423Publisher descriptionuhttp://www.loc.gov/catdir/enhancements/fy0614/2003042270-d.html