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As current trends of Chinese economic growth and motorization continue, its demand for higher efficiency fuels (oil, gas, and electric power) will increase. This, coupled with China's limited domestic production, can translate into a massive demand for energy imports. To predict China's energy...
Persistent link: https://www.econbiz.de/10012709515
This paper evaluates factors responsible for the competitiveness of China in the world economy and relative to its East Asian rivals. China has been highly successful in capturing world export markets. Chinese competitiveness is not just a matter of an undervalued exchange rate and extremely low...
Persistent link: https://www.econbiz.de/10014059927
This paper explores several theories regarding how China has become highly successful in capturing world export markets. The paper concludes that increased competitiveness is dependant on, but not limited to several factors discussed in detail including, exchange rate undervaluation, low wage...
Persistent link: https://www.econbiz.de/10014068190
Development of IT/e-business is a centerpiece of renewed economic growth in most countries of East Asia. This paper considers the challenges for policy focusing on the acquisition of knowledge and its utilization. While many countries in East Asia are well along the way toward upgraded...
Persistent link: https://www.econbiz.de/10014077801
It is widely thought that East Asian culture has contributed to the rapid growth of the area. Paradoxically, the financial crisis and slowdown in the late 1990s may be attributed to some of the same cultural factors. This paper summarizes the results of a survey study of business culture and...
Persistent link: https://www.econbiz.de/10014029505
The Japanese current account has been in surplus since 1981, ranging from 1% to more than 4% of GDP. In this paper, we review the macroeconomic forces that have driven the surplus and describe likely changes in the first part of the next century. In coming years, structural change in Japan's...
Persistent link: https://www.econbiz.de/10005704485
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The voluntary export restraint agreement (VER) limiting Japanese exports of cars to the US is evaluated. Extending a previous article dealing with Japanese transplant auto factories in the US, the authors examine impacts of alternative responses to the VER on the micro and macro level. The VER...
Persistent link: https://www.econbiz.de/10005824149