This book presents an overview of Asia's growth and transformation in the last 50 years and discusses key policy lessons that can be drawn from the region's experiences.

It summarizes underlying factors that can explain Asia's development performance, as well as the large variations across the region and time periods. In particular, the book focuses on the role of policy, market, and technology in promoting structural transformation, human capital development, trade and investment, infrastructure, macroeconomic stability, poverty reduction, gender equality, environmental sustainability, development finance, and regional cooperation and integration.