Koreans followed a similar model earlier and today pursue far greater
global integration than the Japanese. The Japanese for several reasons
rely virtualy on an endogenous dynamic despite their export
competitiveness in some key, visible sectors such as semiconductors,
consumer electronics, autos, and industrial machinery. The Japanese have
not made up their mind about globalization and integration including
immigration. Koreans are far more aggressive in pursuing FDI and also
organizationally better positioned to make quick decisions rather than the
risk-averse Japanese style of consensus based decision making.
Cheers,
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Anthony P. D'Costa, Professor
Comparative International Development
University of Washington
1900 Commerce Street
Tacoma, WA 98402, USA
Phone: (253) 692-4462
Fax : (253) 692-5718
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On Tue, 4 Jul 2006, Michael Perelman wrote:
Aren't the Koreans following a similar strategy.
On Tue, Jul 04, 2006 at 08:59:17PM -0700, Anthony D'Costa wrote:
It's a true picture. One thing the author did not mention explicitly is
the singlemindedness of Japanese corporations to produce the "perfect"
product, which place them ahead of most manufacturers. In Japan, Japanese
phones are used and Vodafone (a UK company based on an acquisition
of a Japanese company recently exited the market).
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Anthony P. D'Costa, Professor
Comparative International Development
University of Washington
1900 Commerce Street
Tacoma, WA 98402, USA
Phone: (253) 692-4462
Fax : (253) 692-5718
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On Tue, 4 Jul 2006, michael perelman wrote:
Is this a true picture?
http://www.paecon.net/PAEReview/issue38/Jacoby38.htm
Its true that some Japanese companies have sought to emulate American
practices. The bellwether in this group is Sony, whose recent
performance trails that of traditional companies like Canon and Toyota.
This is not good advertising for the shareholder-value model in Japan.
Similarly, the arrest this January of Takefumi Horie for alleged
financial improprieties has hurt those who portrayed Horie as the kind
of brash, aggressive entrepreneur that was needed to restore vitality to
Japan. One of Hories main promoters was Prime Minister Koizumi, whose
reputation has been tarnished along with Hories.
--
Michael Perelman
Economics Department
California State University
michael at ecst.csuchico.edu
Chico, CA 95929
530-898-5321
fax 530-898-5901
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
