The Asian crisis has been a central concern for the APEC Community. To address this central concern, the APEC Economic Committee has undertaken this major research project. This project is forward-looking and growth-oriented, focusing on long-term implications of the crisis rather than on a postmortem of the crisis. This Progress Report is prepared, as an early result, for the Ministers’ and Leaders’ meetings in Auckland, September 1999.

• Foreword
• Highlights
• Part I. Main Report
• Part II. Background Individual Reports
• Growth Potential of the APEC Economies after the Asian Crisis
• APEC Eonoomies beyond the Asian Crisi: Trade & Investment
• Changing Competitivemess of SME's in APEC: Past Performance & Beyond the Crisis
• Social Impacts of the Asian Crisis