This timely volume examines various economic, managerial, social and political aspects of globalization and its impact on local economies. State-of-the-art analytical models and original empirical research is used to understand four key and interrelated facets of globalization; ¢ To understand the prospects and the problems of international business and MNCs in the global economy. ¢ To analyze globalization as a process of change. ¢ To understand the new roles of nation states in light of the above. ¢ To articulate the uneasy idea that globalization has resulted in serious imbalances in the global economy. The collection hosts a list of internationally eminent scholars who explain the implications of globalization for progress, crises and conflicts in South and Southeast Asia.
Contents: Preface, Matthew F. McHugh; Introduction, Partha Gangopadhyay and Manas Chatterji; The role of complexity theory in international business strategy development: evidence from East and Southeast Asia, David McHardy Reid and John Walsh; Dynamic changes of Japan's FDI in South Korea from 1985 to 1997, Tsuyoshi Koizumi; The Asian Crisis - signals from multinational enterprises: obstacles and managerial impediments to foreign direct investments, Frank L. Bartels and Hafiz Mirza; International financial crises: causes, prevention and cures, Lawrence H. Summers; Social progress and the Asian crisis, Clive Hamilton; The Asian crisis and financial and capital account liberalization, Chander Kant; Major causes of the Korean and Asian economic crises, Chang Woon Nam; Questioning the explanations of the Asian crisis, Partha Gangopadhyay; China beyond the Asian financial crisis: a new path of institutional change, Leong H. Liew; Problems of globalization in India, Alok Ray; Growth vs development: a challenge to China for the 21st Century, Lilai Xu and (Late) J.C. Liu; Globalization, growth and fiscal policy: lessons from East Asia, Jocelyn Horne; Globalization, trade liberalization and economic growth: the case of Vietnam, Binh Tran-Nam; Decentralization and capacity building: selecting modes of training for Indonesia, Koichi Mera; Japan: maturity and stagnation? Bill Lucarelli and Joseph Halevi; Indicators and trends in economic globalization, Stanislav Menshikov; Some theoretical foundations of Russian economic policies, A. Nekipelov; Characteristics of small firm managers: evidence from Sri Lanka, Jonathan Batten and Samanthala Hettihewa; The political economy of rural health care in India, Amit S. Ray and Saradindu Bhaduri; Index.