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Multinationals and Economic Growth in East Asia: Foreign Direct Investment, Corporate Strategies and National Economic Development (Routledge International Business in Asia)

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 | #3699996 in eBooks |  2006-11-22 |  2006-11-22 | File type: PDF

||About the Author||Shujiro Urata is Professor of Economics at Waseda University, Japan. |Chia Siow Yue is Senior Research Fellow at the Singapore Institute of International Affairs. |Fukunari Kimura is Professor

Developing countries in East Asia recorded remarkable economic growth until the Asian financial crisis erupted in mid-1997. Although several countries experienced devastating setbacks, most of them recovered to achieve reasonable rates of economic growth over the next few years. Sound macroeconomic management, export-oriented policies, and the availability of skilled and low-wage labour are among the factors that contributed to the rapid economic growth before the cri...

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