Chapter 1 Introduction; Part 1 Strategies for Economic Development and Reform; Chapter 2 States, Markets, and Economic Development in East Asia; Chapter 3 Sustaining Economic Development in South Korea: Lessons from Japan; Chapter 4 China and the Former Soviet Union: Comparing the Reform Process; Chapter 5 Industrial Systems and Reform in North Korea: A Comparison with China; Part 2 International Division of Labor and Interdependence; Chapter 6 China's Open-Door Policy and the Asian-Pacific Economy; Chapter 7 Problems and Profitability of Direct Foreign Investment in China; Chapter 8 South Korea-China Trade: An Asian-Pacific Perspective; Chapter 9 Competitive Advantage, Two-Way Foreign Investment, and Capital Accumulation in South Korea; Chapter 10 Taiwan's Economy and Taiwan Investment in China;

This text documents the economic development of East Asian countries in order to highlight the beneficial techniques used to increase growth. Socialist and capitalist structures are discussed, complete with an analysis of the future extent of interaction between East Asian countries.