ABSTRACT

This book examines the institutional changes taking place in, and challenges facing, the region since 1997. It also describes various differences in the reform process between countries in the region. Sjöholm and Tongzon argue that the economies of southeast Asia need to reform their institutions if the previous rapid development is to continue. The institutional weaknesses have been addressed to different degrees and with different success in the affected countries. Against the backdrop of southeast Asia's importance in the world economy, it is hardly possible to overestimate the need to understand this process of change.

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chapter 2|17 pages

Institutional transition and transition cost:

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chapter 3|19 pages

Educational reforms and challenges in

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chapter 4|20 pages

Technological governance in ASEAN—

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chapter 5|17 pages

Interest rate policy and its implication on

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chapter 6|32 pages

Crisis, social sector and income distribution

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chapter 7|20 pages

Effects of a crisis? Institutional adjustment

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chapter 8|16 pages

Singapore’s extra-ASEAN free trade

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chapter 9|28 pages

Prospects for Asian monetary cooperation:

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