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Abstract This book provides a comprehensive, coherent, and optimistic overview on development economics, with an emphasis on East Asia. It is a fully revised and updated third edition, building on the strengths of the previous editions and providing up to date analyses of several recent changes and newly emerged problems relevant to the global economy. These include coverage of crises in Latin America; the recovery of East Asia from the 1997-98 financial crisis; the development of the 'Post-Washington Consensus' and the Millennium Development Goals; and the stalemate around the Kyoto Protocol.
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