JUNG-DONG PARK is a fellow of the Korea Development Institute where he is presently engaged in economic studies concerning North Korea. Dr. Park has written numerous articles on the economic policy of China based on research done at Tokyo University, Beijing University, and Harvard University.

• Prologue Introduction: Problems and Methodology Formation of Special Economic Zones Reasons for Formation Objective and Configurational Characteristics Characteristics of Special Economic Zones Background to the Establishment of the Special Economic Zones Economic Development in Special Economic Zones Development of Special Economic Zones Introduction of Foreign Capital and Its Effect on Employment Expansion and Wage Gain Industrial Structure and Improvement of International Balance of Payments and Foreign Capital Investments by the Central, Provincial, and Municipal Governments Corporate Structure and Transfer of Technology and Managerial Techniques Supply of Labor Fostering Manpower Production Management Forward- and Reverse-Related Effects Business Achievements Significance of Special Economic Zones to the Chinese Economy Economic Relations with Hong Kong, Macao, and Taiwan Economic Relations with Chinese Cities and Provinces Chinese Multipolar Economic Block and the Special Economic Zones Summary and Conclusion Notes Bibliography Index