The Pacific Rim: Investment, Development and Trade

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9780774803601: The Pacific Rim: Investment, Development and Trade
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As the importance of the Pacific Rim as a global centre of large-scale investment, development and trade continues to increase, so do the potential benefits. This book integrates a broad range of current economic data concerning the Pacific Rim with some of the more important theoretical issues in the area of economic development and trade. It demonstrates the paradoxical combination of strength and fragility that characterizes the emerging integrated Pacific Rim economy and attempts to clarify the nature of the framework and constraints that face foreign investors and trading partners. The historical background of Japan's trade with other Pacific nations is examined in the opening chapter, which is complemented by a new article outlining in detail the nature of, and rationale for, the profound change in Japan's foreign direct investment in the 1980s. Other articles analyse trade in the ASEAN countries -- Indonesia, Malaysia, the Philippines, Singapore, and Thailand -- and discuss the emerging financial centres in the Pacific Rim. "Peter N. Nemetz is an associate professor in the policy analysis division of the Faculty of Commerce and Business Administration at the University of British Columbia. He is also the editor of the "Journal of Business Administration.

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About the Author:

Peter N. Nemetz (editor) is an associate professor in the policy analysis division of the Faculty of Commerce and Business Administration at the University of British Columbia. He is also the editor of the Journal of Business Administration, where earlier versions of many of the articles in this book have appeared.

Review:

It presents an unusual perspective on regional developments, Canada being in an advantageous position to participate in the rapid changes to the various national economies that are taking place. The collection integrates a broad range of current economic data concerning the Pacific Rim with some of the more important theoretical issues in the areas of economic development and trade.
- Asian Review

Nemetz raises as many questions as he answers; therein lies the value of his book. Anyone contemplating business in Asia or the Pacific should read it. For the rest of us, its overview is invaluable for understanding both opportunities and pitfalls in our trade and investment relations with the region.
- Daniel L. Hanington, The Northern Mariner

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