Prologue.

PART 1: REGION.

Chapter 1: The East Asian Miracle in Retrospect.

Similarity in Diversity.

Why Rapid Growth?

The East Asian Model of Capitalism: An Outline.

The East Asian Model of Capitalism: How It.

Worked for Growth.

The Asian Crisis: The Final Curtain.

Entering a New Stage.

Chapter 2: A New Wave of Growth.

East Asia in the World: Its Present Position.

Running Fast But Slowing Down.

Labor and Capital: Inputs and Productivity.

Growth Drivers on the Demand Side.

China-led Growth.

The Growth of Poor Quality: Energy Inefficiency and Environmental Unfriendliness.

The Impact of the Global Financial Turmoil.

Concluding Remarks.

Chapter 3: Structural Transformation: The State.

The Developmental State Is Yesterday.

"Less Government, More Market".

Industrial Policy: Still There, But….

An Emphasis on Upgrading and Innovation.

Modernizing Agriculture: A New Old Task.

SOEs and GLCs as Leaders in the Market Economy.

Concluding Remarks.

Chapter 4: Structural Transformation: Business.

Three Big Shifts.

Ownership Shift.

Corporate Governance Shift.

Dominant Shareholders: A New Mentality, a New Mode of Action.

Concluding Remarks.

Chapter 5: Structural Transformation: Labor Relations.

Overview: Directions of Change and New Challenges.

Evolving Practices and Way of Thinking.

The Signs of a New HRM System.

Building Sustainable Labor Relations.

Concluding Remarks.

Chapter 6: Regional Integration and Prospects for the East Asian Community.

The Interdependence of East Asian Economies.

East Asia’s FTAs.

Regional Institution Building: ASEAN Plus Three.

The Creation of the East Asian Community: Dilemmas.

East Asia’s Integration Pattern: A"Do-What-You-Can-Do" Community.

PART 2: NATIONS.

Chapter 7: China: A New Heavyweight.

A Few Basics.

Postwar Development.

Structural Reforms.

Present Performance.

Three Super-Challenges.

The Upgrading Game.

Foreign Trade.

FDI and the Business Environment.

Concluding Remarks.

Chapter 8: Hong Kong: Ten Years with China.

A Few Basics.

An Historical Perspective.

Postwar Development.

Present Performance.

Foreign Trade.

FDI and the Business Environment.

Concluding Remarks.

Chapter 9: Taiwan: A Center of Advanced Manufacturing.

A Few Basics.

Postwar Development.

Structural Reforms.

Present Performance.

Foreign Trade.

FDI and the Business Environment.

Concluding Remarks.

Chapter 10: South Korea Reformed: Challenges for a Newly Developed Nation.

A Few Basics.

Postwar Development.

Structural Reforms.

Present Performance.

Foreign Trade.

FDI and the Business Environment.

Concluding Remarks.

Chapter 11: Singapore: Globalized, Entrepreneurial, Diversified.

A Few Basics.

Postwar Development.

Structural Features.

Present Performance.

Foreign Trade.

FDI and the Business Environment.

Concluding Remarks.

Chapter 12: Malaysia: Developed by 2020?

A Few Basics.

Postwar Development.

Structural Reforms.

Present Performance.

Foreign Trade.

FDI and the Business Environment.

Concluding Remarks.

Chapter 13: Thailand: Rice Bowl, Regional Factory, and Land of Smiles.

A Few Basics.

Postwar Development.

Structural Reforms.

Present Performance.

Foreign Trade.

Inward FDI and the Business Environment.

Concluding Remarks.

Chapter 14: Indonesia: The Start of the Post-Suharto Era.

A Few Basics.

Postwar Development.

Structural Reforms.

Present Performance.

Foreign Trade.

FDI and the Business Environment.

Concluding Remarks.

Chapter 15: Philippines: Speeding up at Last.

A Few Basics.

Postwar Development.

Structural Reforms.

Present Performance.

Foreign Trade.

Inward FDI and the Business Environment.

Concluding Remarks.

Chapter 16: Vietnam: A New Magnet for Investors?

A Few Basics.

Postwar Development.

Structural Reforms (The 1990s and the 2000s).

Present Performance.

Foreign Trade.

FDI and the Business Environment.

Concluding Remarks.

Chapter 17: North Korea: Utter Orthodoxy or Attempts to Reform?

A Few Basics.

Postwar Development.

Structural Reforms.

Present Performance.

Foreign Trade.

FDI and the Business Environment.

Economic Relations with South Korea.

Concluding Remarks.

Chapter 18: The Russian Far East: Yes, It Is Also East Asia!

A Few Basics.

The RFE in the Soviet Economy.

The Market Transition of the 1990s.

Present Performance.

Foreign Trade.

Inward FDI and the Business Environment.

Concluding Remarks.

Chapter 19: India: The Next-Door Neighbor Knocking at the Door.

A Few Basics.

Postwar Development.

Structural Reforms.

Present Performance.

Foreign Trade.

FDI and the Business Environment.

Concluding Remarks.

Chapter 20: Japan: Forgotten Giant.

A Few Basics.

Postwar Development.

Structural Reforms.

Present Performance.

Foreign Trade.

FDI and the Business Environment.

Concluding Remarks.

Epilogue.

References.

Index.