This book brings together benchmark essays in the field of global political economy, covering the key political-economic issues of East Asian development: the relation between the state and markets; the changing nature of economic governance and its relation to inequality; and the rise of China and its international consequences.

Jeffrey Henderson is Leverhulme Research Professor of International Development and Co-Director of the Centre for East Asian Studies in the University of Bristol, UK. His books include The Globalisation of High Technology Production (published by Routledge), States and Development in the Asian Pacific Rim and Industrial Transformation in Eastern Europe in the Light of the East Asian Experience.

Preface: An East Asian Journey Acknowledgements 1. Making Sense of East Asian Transformation 2. Danger and Opportunity in the Transformation Process 3. States and Transformation 4. Economic Crises and Governance Failures 5. Governing Growth and Inequality 6. Limits to Industrialization - Jeffrey Henderson and Richard Phillips 7. China and Global Development 8. Towards a Global-Asian Era? Endnotes. References. Index