The Asian Miracle, Myth, and Mirage: The Economic Slowdown Is Here to Stay

The Asian Miracle, Myth, and Mirage: The Economic Slowdown Is Here to Stay

The Asian Miracle, Myth, and Mirage: The Economic Slowdown Is Here to Stay

The Asian Miracle, Myth, and Mirage: The Economic Slowdown Is Here to Stay

Synopsis

Until recently, double-digit economic growth was not unusual among Asian countries and, in fact, had come to be expected of them. This book identifies the factors underlying the inevitable economic slowdown of the region, and clarifies where Western firms need to concentrate their efforts to maintain the current technology/science differential, manage the vertical and horizontal linkages, and profit from increasing cultural commonalities. For those who have followed or invested in the Asian boom and bust, this is a sober appraisal of Asia's economic future.
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