SUSTAINABILITY OF ASIA-PACIFIC ECONOMIC GROWTH IN THE COMING CENTURY

Since the advent of the 1990s,there has appeared in the world an East Asia-centered“Asia-Pacific craze”.All people have been paying attention to and study-ing the“East Asian miracle”or the“East Asian phenomenon”.In the whole post-Cold War world,“the scene is uniquely beautiful”in East Asia as is compared withall other regions on earth.It can be said that the region is now in the best time ofits economic and political development in modern history.