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Can East Asia Compete?: Innovation for Global Markets

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Can East Asia restore its near magical economic performance, or is its competitive strength beginning to erode? This volume argues that East Asian countries have far from exhausted their growth potential. Future competitiveness will rest upon much greater innovative capability in manufacturing and services, innovativeness that is firmly grounded in stronger institutions, better macroeconomic policies, and closer regional coordination. By succinctly defining the development context for East As…