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1 – 10 of 206Industrial development in ASEAN is closely related to structural changes and industrial adjustments taking place in the industrial countries and the other developing economies in…
Abstract
Industrial development in ASEAN is closely related to structural changes and industrial adjustments taking place in the industrial countries and the other developing economies in the Asia‐Pacific region. Some activities which have been edged out or phased out in the process of industrial restructuring in Japan and the NICs have migrated to the ASEAN member countries through foreign direct investment channels. Therefore, this paper aims to examine the “flying geese” paradigm and discusses the extent to which this pattern has generated a mutually reinforcing, harmonious process of industrialisation in ASEAN.
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The purpose of this paper is to examine the Japan flying geese (FG) model and its implications for China.
Abstract
Purpose
The purpose of this paper is to examine the Japan flying geese (FG) model and its implications for China.
Design/methodology/approach
Data on exports and imports three‐digit the standard international trade clasification (SITC) Revision 2 from UN‐COMTRADE are employed. An analytical tool namely “products mapping” is made by combining two fundamental variables derived from the FG model. Revealed symmetric comparative advantage (RSCA) index and trade balance index are applied.
Findings
The paper provides evidence of the existence of FG pattern. Unskilled labor‐intensive industries and human capital‐intensive industries have clearly shown the FG pattern in East Asia. China has very high comparative advantage in those industries.
Research limitations/implications
The classification of industries is a crucial issue. This paper applies the broader classification of industries based on factor intensity rather than end use. Further researches on more specific industries might give detailed explanation.
Originality/value
The paper examines the position of East Asian countries in the FG model.
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Hung-Chun Huang and Hsin-Yu Shih
This paper aims to provide a macro perspective on diffusion structure research, and to investigate the deep structure of international technology diffusion and structural…
Abstract
Purpose
This paper aims to provide a macro perspective on diffusion structure research, and to investigate the deep structure of international technology diffusion and structural differences between technology diffusion networks. This work also provides an understanding of the nature of globalization. Globalization has highlighted changes in socioeconomics and is reshaping the world. However, when comparing endogenous factors, exogenous factors are complex and demonstrate themselves as network phenomena. These network phenomena compose themselves as neither sole nor independent units. Countries in the global network act interdependently, and heavily influence one another.
Design/methodology/approach
This study utilizes social network analysis to investigate the structural configuration of international technology diffusion. This investigation uses a sample of 42 countries over the period from 1997 to 2008. The data set contains two categories: bilateral trade flow and aggregate R&D expenditure. Meanwhile, this study uses block model analysis to reveal a network structure, which can precisely illustrate a global network configuration.
Findings
The findings not only illustrate the pattern change of diffusion from a cascade-like to radial-like structure, but also present the structural configuration of technologically advanced countries and their competitive positions.
Practical implications
In the shift to a diffusive structure, time and space are represented in new ways. Therefore, radial-like diffusion structure can provide some technological development approaches for countries interested in exogenous effects for technological growth and managing their international relation.
Originality/value
This study is the first to use a multilateral perspective and longitudinal data to examine a cross-country network structure, to provide an understanding of the nature of globalization, its conceptualization and how influence and effects are transmitted through the interconnectedness of international technology diffusion.
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To explore the implications of the fundamental forces that are reshaping the competitive playing field in Asia and the strategies required to win in the future.
Abstract
Purpose
To explore the implications of the fundamental forces that are reshaping the competitive playing field in Asia and the strategies required to win in the future.
Design/methodology/approach
The paper is draws on detailed fieldwork and consulting assignments with Asian companies, backed by the author's 20 years of experience working in Asia to analyze the key competitive changes and provide a framework for developing successful strategic responses.
Findings
Four fundamental changes are underway that are reshaping the competitive game in Asia: the demise of asset speculators; the rapid development of China scattering the traditional “flying geese” pattern of development; the breakdown of barriers that traditionally protected Asia's national economic baronies; and the decay of “me‐too” strategies. New strategies are therefore called for.
Practical implications
In the new Asian competitive environment, successful strategies will include the following elements: a new productivity drive; renewed focus on brand building and service quality; reaping more cross‐border synergies and driving industry consolidation; and re‐locating innovation activities into in Asia. Although the mix of these strategic options will vary by business, it will take a different kind of company to succeed Asia's next round of competition.
Originality/value
The paper provides a forward‐looking perspective on how to compete in one of the world's most dynamic regions and lays out the strategic options for companies in the new competitive game that has begun.
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An-Chi Tung and Henry Wan
In the Jones–Kierzkowski world of fragmented production, we address a strategic trade issue for development: how to industrialize under the WTO regime. One solution is to generate…
Abstract
In the Jones–Kierzkowski world of fragmented production, we address a strategic trade issue for development: how to industrialize under the WTO regime. One solution is to generate cross-border externalities, such as becoming the hub of a network of countries, so as to attract foreign investment with collective comparative advantage. Thus the small, remote and pre-industrial Singapore managed to organize a hub–spokes game: achieving a win-win solution for all and gaining the most as the hub. In servicing the spokes for fee, Singapore has earned First World income levels, by the twin patterns of the flying geese and the triangular accord.
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The purpose of this paper is to explain the reasons and development trend of the new round of restructuring of regional division of labor in East Asia after the global financial…
Abstract
Purpose
The purpose of this paper is to explain the reasons and development trend of the new round of restructuring of regional division of labor in East Asia after the global financial crisis and the role of China in the process.
Design/methodology/approach
The paper probes into four factors leading to the adjustment of regional division of labor in East Asia before analyzing its development trend trough comparing the change of roles of China and ASEAN in the process.
Findings
After the flying-geese division and regional production network, East Asia’s regional division of labor is getting a new round of structural adjustment. The analysis of this paper shows that this adjustment is mainly due to global financial crisis, post-crisis de-globalization, the rebalancing of East Asian economies and China’s economic transformation. From the adjustment direction, the main trend is ASEAN gradually replacing China to become the new assembly plant area, while China becomes a new manufacturing power by its rising status in the global value chain.
Originality/value
The paper describes the development trend of the new round of restructuring of regional division of labor in East Asia in the future and gives the policy implications for the East Asian countries.
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Filip De Beule, Danny Van Den Bulcke and Haiyan Zhang
To analyze the industrial development of South, East, and Southeast Asian nations in terms of investment and trade and how the institutional environment – in particular, the…
Abstract
Purpose
To analyze the industrial development of South, East, and Southeast Asian nations in terms of investment and trade and how the institutional environment – in particular, the government policy with regard to outward foreign direct investment (OFDI) – has played a role in this respect.
Methodology/approach
The chapter puts OFDI policy and industrial upgrading in newly industrialized, emerging, and developing Asian economies (NIEDAEs) in historical perspective to attempt to draw inference from their past behavior.
Findings
The chapter provides information about each NIEDAE’s experience with OFDI policy through a comparative analysis of OFDI promotional policy.
Practical implications
A useful source of information about each NIEDAE’s OFDI policy approach, the chapter attempts to draw recommendations for OFDI policy.
Originality/value
This chapter fulfills an information need and offers practical help to government policy makers.
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As Hirschman wrote of himself in an essay of 1984, he was a dissenter. The paper focuses on three dimensions of this dissent. Dissent from orthodoxy, in the first place, even if…
Abstract
As Hirschman wrote of himself in an essay of 1984, he was a dissenter. The paper focuses on three dimensions of this dissent. Dissent from orthodoxy, in the first place, even if his stance rarely assumed the feature of a frontal opposition. His distance from mainstream economics clearly emerges in the contrast between growth and development, here exemplified through a comparison of Solow’s and Hirschman’s conceptions. Second, dissent from heterodoxy: from Nurkse, Rosenstein Rodan and the balanced growth theory, but also a distance from the kind of economic theorizing recently exemplified by Krugman’s critical appraisal of Hirschman’s contribution. Third, a dissent from Hirschman himself. He developed a practice defined as “self-subversion” to convey the meaning of a self-critical dialogue with his own positions. In this context, two examples will be discussed, namely his critical reappraisal of the dependency theory, to which Hirschman as a young man contributed indirectly, and his after-thoughts on the choice between sequential or simultaneous strategies. Hirschman’s reflections on the last theme appear relevant to address the problems of current Eurozone crisis: its roots may be traced back to the faulty construction of the Monetary Union, which in turn largely stemmed from the misplaced confidence in the “automatism” of the sequence Monetary Union-Fiscal Union-Political Union.
The paper’s contention is that Hirschman’s “possibilism,” often mentioned, is not the result of a generic psychological propensity to optimism but stems from analytical observations and penetrating critical analysis of received ideas or categories, of other authors or of Hirschman himself.
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The world consists of diverse and distinctive economic systems. Due to the unique historical, cultural and location-specific contexts embedded in each economy, a comparison of…
Abstract
The world consists of diverse and distinctive economic systems. Due to the unique historical, cultural and location-specific contexts embedded in each economy, a comparison of strategic behaviors across economies is unlikely to provide a causal estimate of the influence of these contextual factors on strategy–performance relationships. In this paper, I outline three approaches to researching multinational firms that address this dilemma. They include the multilevel, historical and variance-centered perspectives, all of which can help international-business (IB) researchers develop stronger theoretical foundations from which to explain why country-specific contexts matter in designing IB action and research.
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This paper discusses Rethinking the East Asian Miracle, a collection of 13 essays on a wide spectrum of issues, ranging from the causes of the East Asian crisis and possibilities…
Abstract
This paper discusses Rethinking the East Asian Miracle, a collection of 13 essays on a wide spectrum of issues, ranging from the causes of the East Asian crisis and possibilities of recovery to the strengths and weaknesses in the technical, financial and governance structures of the East Asian economies.
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