The proceedings are made based on the materials presented in the international conference under the joint auspices of Korea Institute for International Economic Policy (KIEP) and Korean Economic Development Association (KEDA) in Sept. 26. 2003. It aimed at sharing the experiences of economic reform performed by Korea, Japan and China during the long stagnation in the wake of financial crisis and lessening unnecessary errors, which occur not infrequently in the actual reform processes. Most of all, in the process of the discussion, it is assured it paved way of more deepening economic cooperation among them.

Foreword

I. Development On the Recent Corporate Reform under the Economic Stagnation
－Japan's Experiences
Masahiro Shimotani

II. Scale and Sale: An Overview of State Enterprise Restructuring in China
Zhang Jun

III. Economic Crisis and Structural Reform in Korea
Jaymin Lee

IV. Korea's Financial Reform in the Developmental Perspective
Seh-Jin Chang

V. Trade Structure and Economic Growth
－A New Look for the relationship between Trade and Growth
Chan-Hyun Sohn and Hongshik Lee

VI. Financial Structure and Economic Growth in Northeast Asia
Wonho Song and Yunjong Wang

Contributors