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Japanese manufacturing investment in the European Community has grown dramatically over the last twenty years. At first, instances of investment were few, concentrated in a small number of industrial sectors. But since the mid-1980's there has been a surge of investment in a much wider range of industries. This volume details the growth of Japanese manufacturing investment in Europe in fourteen industrial sectors. The impact of Japanese competition and direct investment on European industries is considered in the context of the emergence of the three major trading blocs: the United States, Japan and the EC. Roger Strange concludes by making important policy recommendations, and arguing for the need for a new theoretical framework for assessing the political economy of foreign direct investment.
This volume consists of two parts. Part one discusses economic friction in the Asia-Pacific region from three aspects: macroeconomic and microeconomic friction, and that between the state and the market mechanism. In part two, four types of legal frameworks for dispute resolution are examined.
This book critically reviews the recurrent debate on Intellectual Property law and policy in developing countries carried out in the last decade. It identifies the still unresolved policy issues and proposes alternative approaches that resonate with the needs for transformation of the economic and social reality of developing countries. Focusing on emerging economies in Asia, the work draws the wider lessons to be learnt by researchers, policy makers, legislators and the business sector in general and concludes by putting forward proposals for reform.
Pacific Basin Industries in Distress
After seven long years of economic malaise, it is clear that something has gone awry in Japan. Unless Japan undertakes sweeping reform, official forecasts now warn, growth will steadily dwindle. How could the world's most acclaimed economic miracle have stumbled so badly? As this important book explains, the root of the problem is that Japan is still mired in the structures, policies, and mental habits of the 1950s-1960s. Four decades ago while in the "catch-up" phase of its economic evolution, policies that gave rise to "Japan, Inc". made a lot of sense. By the 1970s and 1980s, when Japan had become a more mature economy, "catch-up economics" had become passe, even counterproductive. Even w...
Banking on Multinationals is a study of Japan's world lead in publicly financing the expansion of multinational corporations in order to help sunset industries cope with loss of international competitiveness through offshore manufacturing.
Political and academic interest in economic relations among APEC economies and in the APEC process has been gaining momentum. The November 1993 Seattle meetings of APEC ministers and leaders marked a turning point for the APEC forum.APEC: Challenges and Opportunities is the result of the First APEC Roundtable held in June 1994 to analyze the issues involved and explore the future direction of APEC. Two papers provide the background for the analysis of APEC economic relations and the co-operation agenda, one examining security issues in the region and the other, the economic dynamism of East Asia. The next set of papers trace the evolution of the concept of Asia-Pacific economic co-operation,...
3 edge, methods and theory. I turn now to some of my own reflections on this score. Some Reflections My first proposition is that if we are interested in analyzing the performance and dynamic properties of the world's economies, it is only at significant peril that comparative economists can overlook noneconomic or "political" factors. This is not to say that it is illegitimate to abstract from non-economic factors for particular purposes; rather, such abstraction should occur only with cogni zance of the influences being suppressed. I have argued elsewhere that the analytical compromise in suppressing noneconomic variables is greater for the study of planned than for market economies. [7] B...
The book examines the political and economic developments in East Asia since the end of the Cold War in an attempt to identify a broad pattern of transition, particularly in terms of the reshaping of the state's relations with forces and institutions in economy, politics and domestic- international interactions. The chapters are organised into three parts: I: The state in the new economy; II: The state in the new politics; III: The state in the new global environment. The contributors find a general pattern of the state's withdrawal from these three areas. But it is not simply that the market takes over, as some envisaged. Instead, the transition is moving towards a set of governance-producing arrangements in which the role of both the market and the state are appreciated. The book concludes that a more sophisticated approach is needed to the problems of development vs. governance, the state vs. the market, and global dynamics vs. national interests, for a better understanding of the dynamic transition and the consequent new political economy in East Asia.