The book provides an understanding of how international trade and
capital flows have engineered the development process in East Asia,
and examines the real and potential challenges that the region is
expect to encounter in the twenty-first century. It integrates four
topics (i.e. capital flows, East Asia, globalization and economic
development) that are at the centre of the social, political and
economic debate. The text highlights the region's growing strategic
importance in the twenty-first century globalizing world, where
transnational corporations are playing an increasingly decisive
role in the global distribution of production and trade. It blends
generalised regional analyses with country-specific case studies in
the world's most dynamic region. It is so well designed that each
of the seventeen countries that comprise the region gets some space
for discussion. Thus, the text is a valuable contribution to the
social science and business literature, with a special focus on the
now strategic region of East Asia.
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