Overview

The Asian road to the market has generally been seen as a model of success and the object of widespread admiration. This volume evaluates the actual experience and debunks some of the most widespread myths. It does so by identifying the link between alternative transition models, public policies and household responses on the one hand, and key welfare changes on the other. Even in countries experiencing sustained growth, there have been unmistakable signs of deep social strain.

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9780333970263

Table of Contents

Reviews

'The issues discussed in this book are most important and timely, with some essential lessons for balancing in the transition process to limit the (hopefully temporary) loss of welfare. I feel that these lessons can be carried over to South Asia, and especially Nepal, presently in a process of transition. Given the important and timely issues of the book, I recommend this publication.' - Nephil Matangi Maskay, General Secretary, Nepal Health Economics Association

Author Information

AIGUO LU is Senior Fellow at the Institute of World Economics and Politics, Chinese Academy of Social Sciences, Beijing. She is the author of China and the Global Economy since 1840. - MANUEL F. MONTES is Programme Officer at the Ford Foundation in New York and was formerly Coordinator of Economics Studies at the East-West Centre, Hawaii.

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