Winning in Asia, Japanese Style


Book Description

Despite the regional currency crisis of 1997-1998, Asia-Pacific economies continue to be among the most attractive markets in the world. Japanese, American, and European firms have invested heavily in the past decades, and now are positioning themselves to take advantage of the post-Asian recovery, phenomenal Chinese growth rates, and deepening economic liberalization. This pathbreaking work focuses on understanding the market and nonmarket strategies employed by Japanese firms to boost their share of the developing Asian market and to rally the Japanese government in support of their initiatives. In addition to advancing a novel theoretical framework to analyze strategy, the book contains an overview chapter focuses on Japanese investment and trade trends in Asia and original case studies of the banking, automobile, telecommunications, chemical, software, and electronics sectors that provide insight into winning strategies in Asia.




Winning in Asia, European Style


Book Description

Despite the regional currency crisis of 1997-1998, Asia-Pacific economies continue to be among the most attractive markets in the world. Although Japanese and American firms have invested heavily in the past decades, European firms are poised to take advantage of the post-Asian recovery, phenomenal Chinese growth rates, and deepening economic liberalization. This volume focuses on understanding the market and nonmarket strategies employed by European firms to boost their share of the Asian market and to rally European governments and the European Union in support of their initiatives. In addition to a novel theoretical framework to analyze strategy, three chapters focus on investment trends in Asia, lobbying in Asia and the EU, the book includes original case studies of the air transport, automobile, software, and finance sectors.




The Courteous Power


Book Description

Examining the pivotal relationship between Japan and Southeast Asia, as it has changed and endured into the Indo-Pacific Era




US-Asia Economic Relations


Book Description

In a world of continuing financial volatility, this book critically evaluates the oft-cited claim that US firms and the US government attempt to open emerging markets in economic distress and acquire valuable industrial and financial assets. Focusing particularly on Korea and Thailand, the author examines the degree of market opening, the roles US actors played in this process and the level of foreign firm activity in the years after the Asian crisis. Justin Robertson finds surprisingly little coherence between the strategies of US firms and US policy-makers. At the same time, the book downplays European investments, concluding instead that the decade since the Asian crisis has reaffirmed strengths of US capital, particularly in some of the most important sectors of the global economy. Investment banking, private equity and subcontracting are significant new features of US-Asia economic relations. Providing a sophisticated understanding of US interests in Asia, especially in terms of the politics of finance capital, and including a wealth of empirical data on the US and Asian political economies, this book will be invaluable for students and scholars of international political economy and Asian economics and politics.




Innovative ICT Industrial Architecture in East Asia


Book Description

This book aims to shed light on the potentially innovative ICT (information and communication technology) architectures from an East Asian regional perspective. The business environment brought about by the development of ICT intensified global competition and caused dramatic changes in the industrial architecture. Firms that are involved in manufacturing and maintenance of ICT hardware and that offer services for software development are continuously being created, giving rise to the provision of new and diverse services to an increasingly growing East Asian regional market. Such industrial activities are advancing the shift from an old to a new industrial architecture. Some parts of emerging economies have grasped this edge on economic globalization and informatization and have adopted business models that enable them to enter the world economy. Entering this century, China, the Philippines, and Vietnam in East Asia have been rapidly expanding their ICT-BPO (Business Process Outsourcing) businesses as destinations of offshoring of service activities by firms in the advanced economies, following India’s example. Policy makers and firms in those countries are also meeting the challenge of catching up with advanced economies through the development of such industries. It has enabled those economies to exploit new possibilities of further development, which may mean a new stage of manufacturing cum services in an ICT- and knowledge-based economy.




Financial Crisis and Institutional Change in East Asia


Book Description

In light of the Asian financial crisis of 1997, Lai examines whether East Asian economies converged onto the liberal market model by studying the evolution of the financial sectors of Korea, Malaysia and Thailand. This includes sectoral diversification, the nature of competition, and the regulatory and supervisory frameworks.




How Weak Regionalism in East Asia Works Well


Book Description

This book investigates the reasons why regionalism in East Asia has been much weaker than in Western Europe and North America. It focuses particularly on economic factors, examining the regional and global linkages of production networks. Through a focused exploration of regional and global production networks, it argues that East Asia was not as regionally concentrated as was Western Europe or North America, lacking a regionally oriented productional basis to support the institutional arrangement of East Asia as a stand-alone economic community. Moreover, the regional production networks of each national economy in the region are influenced by a different set of value-added components from different global and regional origins. This divergence in their positions accounts for the mushrooming of divergent initiatives and projects for regional institutional arrangement. Finally, the institutional choices of the states to join Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CP/TPP) and/or Regional Comprehensive Economic Partnership (RCEP) are found to be strongly influenced by the sectoral focuses and priorities of their economies. Demonstrating how the unique economic factors of each nation override other considerations for greater regional integration, this book will be a valuable resource to students and scholars of international trade, Asian politics and economics.




Investing in Protection


Book Description

Since the early 1990s there has been an explosion of preferential trade agreements between North and South. Arguing that this is based on competition for investment opportunities rather than free trade, Mark Manger offers a new perspective on the roles of the state and corporations in changing patterns of international trade.




An APEC Trade Agenda?


Book Description

Assesses the political feasibility of the Free Trade Area of the Asia-Pacific (FTAAP) proposal and looks at alternative modalities for achieving free trade and investment in the Asia-Pacific.




Innovative Tokyo


Book Description

"Fujita and Hill compare and contrast Tokyo's innovation structure with the industrial districts model and the international hub model in the literature on urban and regional development. The model embraces and yet transcends both industrial districts and international hub models. The authors provide key elements making up the Tokyo model--organizational knowledge creation, integral and co-location systems of corporate research and development and new product development, test markets, industrial districts and clusters, participative consumer culture, continuous learning from abroad, local government policies, the national system of innovation, and the historical genesis of Tokyo in Japan's political economy. They find that the Tokyo model of innovation will continue to evolve with the changing external environment, but fundamentally retain its main characteristics. The lessons from the Tokyo model is that openness, a diversified industrial base, the continuing development of new industries, and an emphasis on innovation all contribute to the dynamism of a major metropolitan region. This paper--a product of the Development Research Group--was prepared for the East Asia Prospect Study"--Abstract.