By Jim Slater
This quantity analyses the company atmosphere in East Asia just about exchange and funding flows in the area and among East Asia and Europe. concentrating on the two-way move of administration principles, funding and expertise, this learn highlights the way either side can gain.
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Extra info for Business Relationships with East Asia: The European Experience (Routledge Advances in Asiapacific Business, Vol 4)
World Bank (1994) The East Asian Miracle—Economic Growth and Public Policy, New York: Oxford University Press. Woronoff, J. Sharp. Young, S. (1982) The Basic Role of Industrial Policy and a Reform Proposal of Industrial Incentives. Hong op. ). 3 Korean investment in Europe: motives and choices Sang-Kun Nam and Jim Slater INTRODUCTION Korea is not alone as a country whose rapid growth and spectacular success as a trading nation has created a set of consequent domestic problems characterized by, among others, increasing cost of labour and other factors of production, including imports, trade frictions associated with a persistent trade surplus, a shortage of capacity, and a relatively low investment in R&D.
Buigues and Jacquemin estimate a model of EU trade with developing countries in general and the East Asian countries in particular, of the following form: log ILYC/ITOT=a+b1 log K/L+b2 log Qual+b3 log Dem+b4 log Sca+ei (1) where the dependent variable is the share of low-income countries in total extra-EU imports in 1992. Two variables are intended to pick up determinants of inter-industry trade. The first is the ratio between physical capital and labour (K/L). This measure of capital intensity is computed as gross fixed capital formation per employee over the period 1985–90.
There was, therefore, a clear majority anticipating a trend towards a world divided into major trading blocs. 7 Positive and negative aspects of integration 46 Sang-Kun Nam and Jim Slater CONCLUSION Not surprisingly, Korean firms investing in Europe seemed primarily motivated by ‘pull’ factors in terms of the decision to locate in Europe. ). The strategic decisions of Korean firms seem consistent with a fairly consensual view of long-term environmental trends. Perhaps of more interest, and certainly of interest to policy-makers, is the importance attached to factors such as infrastructure and incentives in determining the final location.
Business Relationships with East Asia: The European Experience (Routledge Advances in Asiapacific Business, Vol 4) by Jim Slater