Part 1. The regional and global contexts for economic development : The political economy of economic growth in East Asia: South Korea and Taiwan / Kwang Yeong Shin -- Defining security in East Asia: History, Hotspots, and horizon-gazing / Victor D. Cha -- The export-oriented industrialization of Pacific rim nations and their presence in the global market / Ichiro Numazaki. Part II. The actors and institutions of economic development : Commodity chains and regional divisions of labor in East Asia / Gary Gereffi -- State autonomy and its social conditions for economic development in South Korea and Taiwan / Hee-Yeon Cho and Eun Mee Kim -- Is small beautiful? The political economy of Taiwan's small-scale industry / Karl Fields -- Industrial flexibility, economic restructuring, and East Asian labor / Frederic C. Deyo -- Crisis in Korea and the IMF control / Su-Hoon Lee