Look east for promise

Article Abstract:

Issues discussed concern economic turmoil and development in Asian nations, focusing on the Asian economic crises of the 1990s and the potential for future growth. Topics addressed include Asia's participation in international economic relations, the need for structural reform of many of the nations' economies, and Asia's share of the world's gross national product.

Asia, Statistical Data Included, Economic policy, Economic development, International economic relations

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Bridging the divide

Article Abstract:

Issues are presented concerning the use of information technology in Asia. The uneven spread of communications technology through the continent is discussed. Statistics of telecommunications and internet usage are included.

Information technology, Technological innovations, Telecommunications, Telecommunication

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Fruits of the Far East

Article Abstract:

US foreign investors saw the 1997 financial crisis that hit Asia as an excellent opportunity for them to strengthen their presence in the region. Hence, they have increased their investments across Asia despite economists speculations of a worldwide recession. They took advantage of the steeply-reduced costs of assets, debt-strapped companies and relaxed mergers and acquisition regulation of the Asian countries. On the other hand, European investors became less active in Asia compared with their American counterparts. This move is believed to be influenced by the lack of financial stability fueled by a weak European economy and their focus on investing in central and eastern Europe as mandated by the union of the European community.

Multinational Corporations, Management, Foreign investments, Foreign corporations, International business enterprises

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