We are witnessing a transformation in the world economy as a result
of the IT/e-business revolution. Modern logistics based on cheap
communication and transportation are shifting the locus of
production and the international division of labor between the West
and the lower wage countries of East Asia and similar changes are
occurring within East Asia itself. Looming over the entire picture
is the colossus that is China and this transformation is making
East Asia the manufacturing center of the world economy.
Written by a recognized expert in the area of business economics,
this book analyzes these developments and evaluates their future
impact on the development of East Asia and its role in the world
economy. The book examines the effect of the IT revolution,
globalization and the "new economy" on the development of East
Asia. The first book-length treatment of IT/e-business in the
region, it questions whether the e-business revolution will renew
and sustain the rapid economic development of EastAsia.
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