Institutional Change in Southeast Asia

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.

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.

Book cover; Half-Title; Series-Title; Title; Copyright; Contents; Figures; Tables; Contributors; Series editor's preface; Acknowledgments; Abbreviations; 1 Introduction; 2 Institutional transition and transition cost:; 3 Educational reforms and challenges in; 4 Technological governance in ASEAN--; 5 Interest rate policy and its implication on; 6 Crisis, social sector and income distribution; 7 Effects of a crisis? Institutional adjustment; 8 Singapore's extra-ASEAN free trade; 9 Prospects for Asian monetary cooperation:; Index.