This book explore the future of East Asia’s middle-income countries. Without the advantages of low wages or high skills, and with limited natural resources, East Asian economies are following a new path of regional integration, led by China. Along this path, policy makers must manage a migration of 2 million per month to East Asian cities; a sharp and unprecedented increase in income inequality; and growing discontent with corruption. This new agenda of domestic integration is the main challenge facing East Asia.
- Author(s): Indermit Gill, Homi Kharas, Deepak Bhattasali, Milan Brahmbhatt, Gaurav Datt
- Number of pages: 384 pages
- ISBN-10 : 0821367471
- ISBN-13 : 978-0821367476
- Publisher : World Bank Publications (May 18, 2007)Language: : English