This program was launched in 2000 shortly after the East Asian Crisis of 1997-1998 to help identify measures which could restore the region’s growth momentum. Thereafter, the scope of the program was broadened to embrace factors and associated policies which will strongly impinge on East Asia’s longer term development.
In contrast to the "East Asian Miracle" Project of the early 1990s, this program is on a broader scale, with a substantial research component, a forward-looking perspective and a far larger output in the form of books, monographs, papers, workshops, and conferences. Several of the publications are based upon the findings from surveys of firms in East Asian countries which were commissioned for the project. The papers and books prepared (or currently being drafted) are based on fresh empirical work and seek to break new ground with respect to the dynamics of innovation, industrial competitiveness, industrial structure and geography, and urban development in East Asia.
Financial support for this program which has supplemented the resources committed by the World Bank has come from a Policy and Human Resources Development grant from the government of Japan, from the ASEM Fund, from the Knowledge-for-Change program, DfID, and from consultant trust funds provided by the governments of Japan, Korea, and Singapore.
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