The Institutional Basis of East Asia's Economic Crises Authors Christopher Lingle Abstract Restructuring and modernization of basic political institutions is the crucial key for longterm recovery of East Asia's crisis economies. These steps are necessary to restore confidence and allow for their economies to stabilize as the first step towards recovery. Then they must recapture or reengineer their respective competitive positions in the global economy. Long-term competitiveness will require gains in overall productivity embodied in advanced technical systems and greater investments in human capital. Unfortunately, East Asia is lagging in these areas. High prestige projects have given a false impression of widespread adoption of new technology that has actually been quite low for most of the region. Downloads Text complet (Català) Published 2001-03-22 Issue Vol. 15 (1999) Section Articles License Aquesta obra és subjecta —llevat que s'indiqui el contrari en el text, en les fotografies o en altres il·lustracions— a una llicència Reconeixement - No comercial - Sense obres derivades 3.0 Espanya de Creative Commons, el text complet de la qual es pot consultar a http://creativecommons.org/licenses/by-nc-nd/3.0/es/deed.ca. Així, doncs, s'autoritza al públic en general a reproduir, distribuir i comunicar l'obra sempre que se'n reconegui l'autoria i l'entitat que la publica i no se'n faci un ús comercial ni cap obra derivada.