Dragons against the fortress
Article Abstract:
Moves by the US to expel newly industrialized countries (NICs) like South Korea, Hong Kong, Singapore, and Taiwan from its Generalized System of Preferences have stimulated these 'Little Dragons' to turn their marketing efforts increasingly to Europe, with its market of 400 million relatively well-to-do consumers. Taiwan's exports to the European Community grew by 65.2 percent last year to $7.8 billion, for example. European Commission officials are keeping a close watch on NIC trading practices and pricing policies, however. Taiwan and Hong Kong are said to pose the greatest threat for the 'dumping' of low-cost goods in Europe. The EC conducted anti-dumping studies of nine South Korean products such as televisions and textiles, and has already imposed provisional anti-dumping taxes on NIC-made products such as videocassette recorders.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1988
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Work hard, play harder
Article Abstract:
Japanese businessmen have historically worked harder and longer than their peers in other nations. Workaholism is a serious social problem in Japan; most workers over 30 put work ahead of leisure and family, are averse to taking time off, and rarely escape the pressures of big-city life. Younger Japanese executives are demanding more free time for leisure and for their families, however, and the nation is experiencing a leisure boom. Pinball parlors, bars, and golfing are especially popular. Relaxation usually includes work-related socializing and personal hobbies as well. Many major Japanese firms sponsor amateur athletic programs and special-interest clubs for workers, and the government is whittling away at working hours.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1988
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The door creaks open
Article Abstract:
Japan's strong economy has attracted illegal foreign workers who staff small factories and fast food industries. Illegal foreign workers are paid less than average wages, and they have no legal rights. Japanese leaders believe allowing laborers to work legally in Japan could lower average wages and and cause a deterioration in working conditions. The illegal foreign workers are viewed as troublemakers and as a reason for rising crime. Japan does want to attract foreign-educated professionals to show that Japan is an international society. Even skilled professionals are isolated in Japan, however, because they are not part of the Japanese mainstream society.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1988
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