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List of Tables List of Figures Notes on the Contributors Introduction;H.Chang, G.Palma & D.H.Whittaker Economic Crisis in East Asia: The Clash ofCapitalisms; C.Johnson Capital Market Crises: Liberalization, Fixed ExchangeRates and Market-driven Destabilization; L.Taylor Derivatives and GlobalCapital Flows: Applications to Asia; J.A. Kregel From 'Miracle' to'Cronyism': Explaining the Great Asian Slump; R.Wade Thailand's Crisis:Neo-Liberal Agenda and Local Reaction; P.Phongpaichit & C.Baker MalaysianDebacle: Whose Fault?; K.S.Jomo Indonesia: From Showcase to Basket Case;J.Pincus & R.Ramli Interpreting the Korean Crisis: Financial Liberalization,Industrial Policy and Corporate Governance; H.Chang, H.Park & C.G.YooFashioning a New Korean Model out of the Crisis: The Rebuilding ofInstitutional Capabilities; J.A.Mathews Japan's Crisis: Evolution andImplications; D.H.Whittaker & Y.Kurosawa Responses to the Crisis: Constraintsto a Rapid Trade Adjustment in East Asia's Electronics Industry; D.ErnstAsian Crisis and the Future of the Japanese Model; R.Dore The Economic Impactof the Asian Crisis on India and China; A.S.Bhalla & D.M.Nachane Three and aHalf Cycles of 'Mania, Panic and [Asymmetric] Crash': East Asia and LatinAmerica Compared; G.Palma Index