Jose Tongzon is Associate Professor at the Department of Economics, National University of Singapore, and specializes in trade and development with a focus on the economies of Southeast Asia. Fredrik Sjöholm is Associate Professor at the Stockholm School of Economics and works mainly in international economics and development economics.

• Acknowledgements List of Figures and Tables List of Contributors Abbreviations Introduction 1. Institutional Transition and Transition Cost: A Methodological Consideration 2. Educational Reforms and Challenges in Southeast Asia 3. Technological Governance in ASEAN - Failings in Technology Transfer and Domestic Research 4. Interest Rate Policy and Its Implication on the Banking Restructuring Programs in Indonesia 5. Crisis, Social Sector and Income Distribution in Singapore and Thailand 6. Effects of a Crisis? Institutional Adjustment and Pro-poor Growth in Thailand Pernilla 7. Singapore's Extra-ASEAN Free Trade Agreements and their Implications for ASEAN 8. Prospects for Asian Monetary Cooperation: Pipedream or Possible Reality?

Jose Tongzon is Associate Professor at the Department of Economics, National University of Singapore, and specializes in trade and development with a focus on the economies of Southeast Asia. Fredrik Sjöholm is Associate Professor at the Stockholm School of Economics and works mainly in international economics and development economics.

• Acknowledgements List of Figures and Tables List of Contributors Abbreviations Introduction 1. Institutional Transition and Transition Cost: A Methodological Consideration 2. Educational Reforms and Challenges in Southeast Asia 3. Technological Governance in ASEAN - Failings in Technology Transfer and Domestic Research 4. Interest Rate Policy and Its Implication on the Banking Restructuring Programs in Indonesia 5. Crisis, Social Sector and Income Distribution in Singapore and Thailand 6. Effects of a Crisis? Institutional Adjustment and Pro-poor Growth in Thailand Pernilla 7. Singapore's Extra-ASEAN Free Trade Agreements and their Implications for ASEAN 8. Prospects for Asian Monetary Cooperation: Pipedream or Possible Reality?

Jose Tongzon is Associate Professor at the Department of Economics, National University of Singapore, and specializes in trade and development with a focus on the economies of Southeast Asia. Fredrik Sjöholm is Associate Professor at the Stockholm School of Economics and works mainly in international economics and development economics.

• Acknowledgements List of Figures and Tables List of Contributors Abbreviations Introduction 1. Institutional Transition and Transition Cost: A Methodological Consideration 2. Educational Reforms and Challenges in Southeast Asia 3. Technological Governance in ASEAN - Failings in Technology Transfer and Domestic Research 4. Interest Rate Policy and Its Implication on the Banking Restructuring Programs in Indonesia 5. Crisis, Social Sector and Income Distribution in Singapore and Thailand 6. Effects of a Crisis? Institutional Adjustment and Pro-poor Growth in Thailand Pernilla 7. Singapore's Extra-ASEAN Free Trade Agreements and their Implications for ASEAN 8. Prospects for Asian Monetary Cooperation: Pipedream or Possible Reality?