Covers such topics as financial meltdown and industrial development, money and financial markets, exchange rates, capital flows, economic reforms, human capital development, impact of the financial crisis on growth and poverty incidence, as well as other development problems in Asia-Pacific countries.

The Asian economic crisis and future development is a popular subject among academics and policy-makers worldwide. Several countries in Asia came to face severe economic recession in the wake of their financial and foreign exchange crisis which began in 1997. The recession was deep and the challenges for managers of respective economies for an optimum specification of monetary and fiscal policy guidelines became all too great. Many came to wonder whether the so-called "Asian Miracle" all of a sudden became a part of history. If so, how will Asia recover from the crisis and experience high...