China's ongoing transformation and expanding economic prowess has sustained interest in the models of Asian economic development. The earlier successes of the "Asian Tiger" economies of South Korea, Taiwan, Hong Kong, and Singapore and the historic and current preeminence of Japan as both a regional and world economic power, inspire more in-depth and comparative studies of these Asian models. Growth and Crises in the Asian Pacific Rim familiarizes the reader with the various Asian models of development, exploring both the strengths and weaknesses of these paradigms. Economic dynamism...