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This book will help Canadian managers to better understand: the strategies of Japanese multinationals and other East Asian firms and governments, the linkages between trade and investment, and the nature of the different business systems.
People Make Economies Grow. "The People Link" Focuses On The Characteristics of people, and their respective organizations, that contribute to integration and growth among the economies of the Asia-Pacific region. Particular attention is paid to three people links that have spanned the Pacific: the ethnic Chinese networks; the contributions made to Canada by Asian immigrants; and the role of Asian immigrants, as 'trade intermediaries' in promoting trade between North America and Asia. All western managers must be familiar with the role of people organizations, especially the values and practices in family-owned businesses. To identify future business partners, Canadian firms must understand the strategies of people and organizations from other cultures and figure out how to work with them. The purpose of the Hongkong Bank of Canada Papers on Asia series is to provide practical information, in the form of timely and readable works, to Canadian business and government decision makers that will help increase knowledge and familiarity with the distant markets of East Asia. This interdisciplinary series establishes benchmarks against which Canada's future can be measured systematically. Volume I, Benchmarking the Canadian Business Presence in East Asia, explained Canada's relatively modest business presence in the region and outlined the high costs of entering into these dynamic markets. Volume II, East Asian Capitalism: Diversity and Dynamism, examined these systems as one aspect of reducing such entry costs.
What is Canada doing in Asia? What are Canadian enterprises doing in Asia? The answer is quite a lot, but getting to this answer was not easy. Comprehensive, easily-accessible information pertaining to Canada's investment, trade, and human capital flows in Asia is unclear, lacks aggregation, and is not readily available to the public. As a result, the narrative concerning Canada's footprint in Asia is incomplete and unfocused, much to the detriment of Canadian business as well as Asian market economies. To address this, the CanAsia mapping project tracks Canadian presence in Asia by aggregating and analyzing publically available country- and Canadian company-level data. The project establishes where we are, proposes where we want to be, and charts how we get there. For the purposes of the project, a sample group of countries (the "A-16") was chosen that includes the six major Asian economies-China, Hong Kong, India, Japan, Taiwan, and the Republic of Korea (Korea)-and the member states of the Association of Southeast Asian Nations (ASEAN). Furthermore, the project contextualizes engagement with the region by benchmarking Canadian performance against that of comparator countries such as the United States, Australia, France, Germany, and the United Kingdom.
Essays demonstrate how to reduce the entry cost ot North American businesses trying to penetrate East Asian markets.
This volume examines how foreign firms, which are entering or operating in various Asian countries, have responded to the obstacles and opportunities which were identified in the preceding volumes of this series. There is an overview chapter and seven case studies of Canadian and American-based businesses. The studies cover a variety of sectors such as telecommunication, finance, and engineering services. The authors highlight a range of issues that have to be resolved when operating in particular countries. The outcome of the bargaining process on entry into another country, for example, or the approach taken in personnel relations, can be critical to success or failure.
Multinationals and East Asian Integration
The study of financial frameworks focuses on corporate finance and analyzes the relationship between financing patterns and the level of development of securities markets and financial liberalization in the region.
The HSBC Bank Canada Papers on Asia series was begun in 1995 to examine Canada's relationship with the East Asian economies and to reduce the information barriers resulting from distance and unfamiliarity in these markets. Six years on from the inception of the series, much has changed in the international environment. The Asian economies suffered a significant crash, a rapid rebound, only to slow again in 2000-2001. This, the sixth and last volume in the series, looks to the future. This new volume focuses on key issues facing the region that corporations and governments should understand, including East Asian regionalization initiatives, obstacles to continued rapid growth in China, aging and pension reform, and the changing security environment. In addition, the Canadian business performance six years on is re-evaluated. With contributions from leading scholars intimately familiar with both Canadian and East Asian business practices, these volumes are an indispensable resource for corporations and governments looking to expand their business into East Asia, or for anyone who wants to better understand Canada's complex relationship with the Asian countries.
This study considers the current economic relationship between the United States and Japan. Bergsten and Noland (both Institute for International Economics) along with Japanese economist Ito (Hitosubashi U.) argue that Japan no longer poses a unique economic threat to the United States and that the U.S. should begin treating Japan like any other major economic power. Among the topics covered are the resurgence of the American economy, the decline of the Japanese economy, resolving disputes through the WTO, and international finance. c. Book News Inc.