Global Challenges and Local Responses: The East Asian Experience

East Asia has in many ways been the cockpit of the globalization process. If the phenomenon as it is generally defined is largely recognized as a relatively recent one, the countries that have experienced most change during this period have been in the region.

Rapid economic growth leading to the Tigers label was followed by financial crisis and partial recovery. Underlying this has been the remarkable success story of Japan since the Second World War, followed by the current, seemingly inex...