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Multinationals and Economic Growth in East Asia - Foreign Direct Investment, Corporate Strategies and National Economic Development (Hardcover)
Loot Price: R3,087
Discovery Miles 30 870
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Multinationals and Economic Growth in East Asia - Foreign Direct Investment, Corporate Strategies and National Economic Development (Hardcover)
Series: Routledge International Business in Asia
Expected to ship within 12 - 17 working days
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Developing countries in East Asia recorded remarkable economic
growth until the Asian financial crisis erupted in mid-1997.
Although several countries experienced devastating setbacks, most
of them recovered to achieve reasonable rates of economic growth
over the next few years. Sound macroeconomic management,
export-oriented policies, and the availability of skilled and
low-wage labour are among the factors that contributed to the rapid
economic growth before the crisis and the recovery thereafter.
Especially noteworthy in this regard is the role played by foreign
direct investment (FDI). This comprehensive book identifies the
factors that contributed to the expansion of FDI inflows in East
Asia and the factors that enabled recipient countries to utilize
FDI effectively. It includes detailed case studies on China, South
Korea, Taiwan, Indonesia, Malaysia, the Philippines, Singapore,
Thailand and Vietnam. Also included is a comparative study of
investing firms headquartered in the United States, Japan and Hong
Kong. The authors conclude that social stability, clear and
effective policy implementation and corporate governance are all
key factors in reaping economic success from FDI.
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