Passage 2

Asia’s success was the result of hard work and economic policies that encouraged business investment．It tells that domestic economic policies must continue to be geared toward building resilient and competitive economies．This requires，in particular，strengthening domestic sources of growth，including vigorously tackling incomplete reforms in the financial and corporate sectors．It also requires pursuing policies that make economies more flexible and capable of absorbing economic shocks more easily．
    Next，regional cooperation must complement national policies．Growing regional and global inter dependence requires that policy makers pay increasing attention to the international context of their decisions．Asia is going in the right direction．East Asian countries will surely play an increasingly important role in promoting regional integration．A regional focus that remains open to the rest of the world holds the greatest promise for Asia’s long-term growth．