The book provides an understanding of how international trade and capital flows have engineered the development process in East Asia, and examines the real and potential challenges that the region is expect to encounter in the twenty-first century. It integrates four topics (i.e. capital flows, East Asia, globalization and economic development) that are at the centre of the social, political and economic debate. The text highlights the region's growing strategic importance in the twenty-first century globalizing world, where transnational corporations are playing an increasingly decisive role in the global distribution of production and trade. It blends generalised regional analyses with country-specific case studies in the world's most dynamic region. It is so well designed that each of the seventeen countries that comprise the region gets some space for discussion. Thus, the text is a valuable contribution to the social science and business literature, with a special focus on the now strategic region of East Asia.
Contents: Introduction, Anthony Bende-Nabende; The trade-investment nexus: a literature review, with reference to East Asia, Anthony Bende-Nabende; Multilateralism, minilateralism and regionalism in East Asia, Nigel Grimwade; The impact of the Asian financial crisis: a perspective from productivity analysis, Hitoshi Osaka; European FDI in ASEAN manufacturing sectors: the case of Thailand, James L. Ford, Jim R. Slater and Anthony Bende-Nabende; China's integration in international production networks, FranÃ§oise Lemoine; FDI as a factor of economic restructuring: the case of South Korea, FranÃ§oise Nicolas; East Asia's future challenges: a country-specific summary, Anthony Bende-Nabende; Bibliography; Author index; Subject index.