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East Asian Business in the New World 1st Edition Helping Old Economies Revitalize

Subject ISBN Author Publisher Number of Pages Title Year Price
Business, Management and Accounting 9780081012833 Shaomin Li Elsevier 218 East Asian Business in the New World 1st Edition Helping Old Economies Revitalize 2016 $ 140.00
Author: Shaomin Li
Description: East Asian Business in the New World: Helping Old Economies Revitalize discusses how to conduct business in East Asia. The main objective of the book is to help American workers and businesses gain competitive advantages in a global marketplace in which the emerging Asian economies are rapidly becoming major players. The American economy appears to be on decline, especially relative to the rapidly rising economies in places such as China. To revitalize the American economy and those of the ‘old world’, we must pay close attention to the economies with which America competes. The objective of this book is two-fold, with an initial focus on the opportunities and challenges of doing business in East Asia that includes tactics that will help readers understand Asian economies and business practices so that they can compete more successfully in the region. Secondly, the book seeks to teach readers how the U.S. can learn from East Asia in revitalizing its own economy. This is what sets the book apart as it analyzes the social institutions in major Asian countries, including the political, economic, and cultural institutions, and then compares them with the institutions in the U.S., identifying the strengths and weaknesses of U.S. institutions and providing strategic and policy recommendations that may help the U.S. economy and American firms compete in the global marketplace.
Table of Content: About the Author Preface Chapter 1. Introduction: East Asia in the Globalizing World Abstract 1.1 East Asia at a Glance 1.2 Globalization 1.3 Globalization, East Asia, and the United States Questions References Chapter 2. Western Rules Versus Eastern Relations: A Fundamental Framework to Understand East Asia Abstract 2.1 Some Puzzles 2.2 What Made the “East Asian Economic Miracle”? 2.3 Key to Understand East Asia: Rule-Based and Relation-Based Governance Systems 2.4 How Do People Govern Transactions in a Relation-Based Society? 2.5 The Costs and Benefits of a Relation-Based Governance System 2.6 Caution: Rule-Based Versus Relation-Based Are Not Black and White Questions Endnotes References Chapter 3. Political and Economic Systems in East Asia Abstract 3.1 The Interplay of the Political and Economic Systems 3.2 The Political Economic Systems of Major Countries in East Asia 3.3 East Versus West: Two Contrasting Legal Traditions 3.4 The Role of the State: A Comparison of East Asia and the United States Questions Endnotes References Chapter 4. The Role of Culture in Economic Development: Does Culture Give East Asia an Edge Over America in Economic Competition? Abstract 4.1 What Is Culture? 4.2 Culture and Economic Performance 4.3 Changing the Culture to Be More Productive Questions Endnotes References Chapter 5. Why Some East Asia Countries Thrive Despite Corruption Abstract 5.1 Effect of Corruption on Economic Growth 5.2 Why Do Some Economies Grow Fast Despite Corruption? Questions Endnote References Chapter 6. Information and Investment in East Asia: What We Need to Know When Investing in Relation-Based Societies Abstract 6.1 Information in Relation-Based Societies 6.2 Information Management by a Relation-Based Government 6.3 Information Management by Firms 6.4 Relation-Based Ways of Financing 6.5 Why Foreign Investment Flows to Countries With Poor Legal Systems 6.6 Direct Investment and Indirect (Portfolio) Investment 6.7 Types of Investment and Modes of Governance 6.8 Implications of Investment Type and Governance Mode Questions Endnotes References Chapter 7. The Currency Exchange Market in East Asia Abstract 7.1 The Foreign Exchange Market 7.2 Case 1: Japan Airlines 7.3 Exchange-Rate Regimes in the World 7.4 The Exchange-Rate Regimes of East Asia 7.5 Case 2: Why Quantitative Easing Has Different Results in the United States and China? Questions Endnote References Chapter 8. Business Strategies in East Asia Abstract 8.1 International Business Strategy 8.2 Strategies in East Asian Countries 8.3 The New Hybrid Strategy: Mass Customization 8.4 Strategic Considerations Questions References Chapter 9. Market Structures in East Asia: Why Selling to Some Countries Are So Difficult? Abstract 9.1 Customer Service Quality in Different Societies 9.2 Salient Features of Relation-Based Market Structure 9.3 Trade Flows Between Rule-Based and Relation-Based Countries 9.4 Counterfeit Goods in East Asia Questions Endnote References Chapter 10. Human Resource Management in East Asia: Should You Speak Out During Company Meetings? Abstract 10.1 Mafia Boss or CEO? 10.2 The Relation-Based Organization Structure and Management Style 10.3 When Rules Meet Relations in the Workplace: The Frictions Between the Two Systems Questions Endnotes References Chapter 11. Technology and Innovation: Will East Asia Surpass the United States in Innovation? Abstract 11.1 The Use of ICT and Efficiency 11.2 The Internet and the Relation-Based Societies 11.3 The Interface Between Governance and ICT in Relation-Based Organizations 11.4 Innovation and Creativity in East Asia Questions Endnotes References Chapter 12. The Transition From Relation-Based to Rule-Based Governance in East Asia Abstract 12.1 The Puzzle Solved: Together or Separate Checks? 12.2 The Challenge Facing East Asia: The Transition From Relation-Based to Rule-Based Governance 12.3 Opportunities and Challenges for Multinational Corporations Doing Business in East Asia During the Transition Questions Endnotes References Chapter 13. Conclusion: What Can We Learn From East Asia? Abstract 13.1 A Comparison Between East Asia and the United States 13.2 What Can We Learn From the Relation-Based Way? 13.3 What Can We Learn From East Asia? 13.4 Get Ready to Compete Questions Endnotes References Index

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