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REVIEWS Asian Development Bank. Asian Development Outlook 1996 and 1997. New York: Oxford University Press, 1996. 245 pp. Paperback HK$i65, isbn 019 -587745-4. Asian Development Outlook 1996 and 1997, prepared by the staff of the Asian Development Bank, is the Bank's annual survey ofeconomic progress in its developing member countries. It provides a comprehensive yet concise review ofrecent economic development and current issues. Economic trends and medium-term prospects for the region are discussed against a background ofdevelopments in the world economy. The book has three parts. Part 1 provides an assessment ofglobal economic trends and traces recent growth experiences in the developing countries ofAsia and the Pacific. Important aspects ofregional macroeconomic performance and policy adjustment are reviewed, and growth prospects are evaluated. Part 2 contains profiles ofthirty-four developing countries in Asia and the Pacific along with analyses ofrecent economic performance. Topics examined include growth, savings, investment, employment, fiscal and monetary policies, trade and balance ofpayments, and policy and development issues. For each country, prospects for the next two years are discussed. Finally, part 3 deals with the subject ofinternational cooperation and integration, with special reference to Asia and the Pacific. Asia and the Pacific are divided in this book into six regions: (1) the Newly Industrializing Economies, which include Hong Kong, the Republic ofKorea, Taiwan, and Singapore; (2) the Southeast Asian region of Cambodia, Indonesia, the Lao People's Democratic Republic, Malaysia, Myanmar, the Philippines, Thailand , and Vietnam; (3) China and Mongolia; (4) the South Asian countries of Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan, and Sri Lanka; (5) Central Asia, which includes Kazakhstan and the Kyrgyz Republic; and, lastìy, (6) the Pacific Islands region of Papua New Guinea, the Cook Islands, Fiji, Kiribati, the Marshall Islands, die Federated States ofMicronesia, the Solomon Islands, Tonga, Tuvalu, Vanuatu, and Western Samoa. Each region and country is given a thorough analysis. Relationships between© 1998 by University different economic indicators are used to explain growth or decline in an econoofHawai 'iPressmy> and readers can logically follow the discussion and analysis, which are supported by a variety ofstatistical data in the form of graphs, charts, and tables; this collection of data is one of the strengths ofthe book. Important issues are dealt 6o China Review International: Vol. 5, No. 1, Spring 1998 with that relate specifically to a given country's social and economic future, and relevant questions are brought to the attention of the reader. Another major strength is the book's focus on globalization. The analysis shows that each country is not independent but tied to the others by economic interchange, and the repercussions of any specific event in one country can be felt throughout the world. All of these strengths make Asian Development Outlook 1996 and 1997both interesting and informative. There are also weaknesses. Historical background is not provided for any of the countries discussed, and the book would have been improved by the inclusion of some information on social issues in these countries. Since the text is technical, readers are expected to have a good understanding of economics. There are many abbreviations throughout, which hinders reading; however, the additional pages with definitions, abbreviations, and acronyms are helpful. In summary, Asia remains the fastest growing region in the world, and this book will be useful to those who are interested in studying both the world economy and the economic progress of developing member countries in the Asia-Pacific region. David C. Yang University of Hawai'i at Mänoa David C. Yang is a professor ofaccounting at the UH's College ofBusiness Administration specializing in international accounting. mm Carol Benedict. Bubonic Plague in Nineteenth-Century China. Stanford: Stanford University Press, 1996. xx, 256 pp. Hardcover $35.00, isbn 08047 -2661-2. Humanity has experienced a worldwide epidemic ofbubonic plague three times, and on each occasion it took an enormous toll. In the first two instances, during the sixth century and the fourteenth century, the plague killed altogether 175 million people in the Middle East, Europe, and Asia. Carol Benedict's new book focuses on the third epidemic, which originated in China and was even more widey mverst y Spreacj than the first two. Although there...

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Additional Information

ISSN
1527-9367
Print ISSN
1069-5834
Pages
pp. 59-60
Launched on MUSE
2011-03-30
Open Access
No
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