The cotton spinning industry within East Asian Business systems : firm development in Japan, South Korea, and Hong Kong

1995 ◽  
Author(s):  
Judith Mary Hollows

Significance They are difficult to defend and therefore a tempting target. Beijing might try to seize them as a way to frighten and demoralise Taiwan's government or as preparation for an assault on Taiwan itself. Impacts A successful attack might embolden China to seize islands claimed by Japan and South-east Asian states. Western sanctions imposed in response to such an attack would be significantly more aggressive than those related to Xinjiang and Hong Kong. Japan would take the possibility of war with China more seriously and strengthen its defence capabilities more vigorously. A weak US response would shake Seoul's confidence in US protection and could make South Korea more likely to develop nuclear weapons.


Author(s):  
Gordon Redding

What came to be known as the Asian miracle took place in a number of quite varied contexts in countries outside the major states Japan and China, and the way in which these smaller economies have built their development trajectories in the years after 1960 has been a matter of serious attention among policymakers worldwide. Japan and China are given specific attention elsewhere in this volume and so this article considers the rest of Pacific Asia. It aims to outline the systems of business which have come to characterize the following clusters of countries: first, South Korea which stands on its own as a distinct case; second, Hong Kong, Taiwan, and Singapore which are essentially Chinese in their ethnic make-up, their current political structures, and their business behaviour, but which nevertheless display great differences among themselves; third, the ASEAN group outside Singapore, again containing variety but with certain key common denominators.


2019 ◽  
Vol 107 (2) ◽  
Author(s):  
Gregg A. Stevens

This collection of essays in Medical Education in East Asia: Past and Future outlines the history of medical education in five East Asian countries and territories: China, Japan, South Korea, Taiwan, and Hong Kong.


2021 ◽  
Author(s):  
Po Jen Yap ◽  
Chien-Chih Lin

This comparative study of the constitutional jurisprudence of three East Asian jurisdictions investigates how the rulings of the Constitutional Court of Taiwan, the Constitutional Court of Korea and the Hong Kong Court of Final Appeal have converged. The unique political contexts of all three jurisdictions have led to strong courts using the structured proportionality doctrine and innovative constitutional remedies to address human rights issues. Hong Kong, Taiwan, and South Korea have the only courts in Asia that regularly use a structured four-stage Proportionality Analysis to invalidate laws, and routinely apply innovative constitutional remedies such as Suspension Orders and Remedial Interpretation to rectify constitutionally flawed legislation. This volume explores how judges in these areas are affected by politics within their different constitutional systems. The latest developments in Asian constitutional law are covered, with detailed analysis of key cases.


Author(s):  
Mansor H. Ibrahim ◽  
Syed Aun R. Rizvi

Purpose – The purpose of this paper is to analyse the implication of trade on carbon emissions in a panel of eight highly trading Southeast and East Asian countries, namely, China, Indonesia, South Korea, Malaysia, Hong Kong, The Philippines, Singapore and Thailand. Design/methodology/approach – The analysis relies on the standard quadratic environmental Kuznets curve (EKC) extended to include energy consumption and international trade. A battery of panel unit root and co-integration tests is applied to establish the variables’ stochastic properties and their long-run relations. Then, the specified EKC is estimated using the panel dynamic ordinary least square (OLS) estimation technique. Findings – The panel co-integration statistics verifies the validity of the extended EKC for the countries under study. Estimation of the long-run EKC via the dynamic OLS estimation method reveals the environmentally degrading effects of trade in these countries, especially in ASEAN and plus South Korea and Hong Kong. Practical implications – These countries are heavily dependent on trade for their development processes, and as such, their impacts on CO2 emissions would be highly relevant for assessing their trade policies, along the line of the gain-from-trade hypothesis, the race-to-the-bottom hypothesis and the pollution-safe-haven hypothesis. Originality/value – The analysis adds to existing literature by focusing on the highly trading nations of Southeast and East Asian countries. The results suggest that reassessment of trade policies in these countries is much needed and it must go beyond the sole pursuit of economic development via trade.


2012 ◽  
Vol 12 (3) ◽  
pp. 355-367 ◽  
Author(s):  
Ruby C. M. Chau ◽  
Sam W. K. Yu

Two analytical tasks have been conducted in this article. The first is to construct a defamilisation typology that covers eighteen OECD members and four tiger economies (namely Hong Kong, Taiwan, South Korea and Singapore). The second is to demonstrate this typology's contribution to the debate on the existence of two essential preconditions for the development of an all-encompassing East Asian welfare regime: (1) the existence of significant differences in the welfare systems between the East Asian countries and the non-East Asian OECD countries; and (2) the existence of significant similarities in the welfare systems of the East Asian countries.


2016 ◽  
Vol 31 (1) ◽  
pp. 141
Author(s):  
Jok-Tong Wan ◽  
Evan Lau ◽  
Rayenda Khresna Brahmana

The main objective of this study is to examine the stock markets’ shock due to the effect of the price of oil in the East Asia Region. Particularly, this study examines if there is stock market interdependence during global oil price shocks (sudden changes) for a sample of five total oil importers (the Philippines, Hong Kong SAR, Taiwan, South Korea, and Japan), four net oil importers (Indonesia, Singapore, Thailand, and China), and one net oil exporter (Malaysia) between 1999 and 2014. From the result, an oil price change is collectively found to have a small but significant positive impact on the stock markets, in particular where a sudden decrease in oil prices tends to cause a stock market downturn and volatility. The world economy’s spending, financial investments in oil futures and foreign investment by oil rich nations are some underlying motives for inducing this oil-stock positive relation. The same direction of time-varying conditional correlations is found across East Asian stock markets during negative oil price shocks. The integration among East Asian stock markets is inducing the oil shock contagion to be transmitted from direct oil-affected countries (South Korea, Hong Kong, and Singapore) to non-direct oil affected countries’ (Japan and Taiwan) stock markets. In spite of a long practiced ASEAN+3 macroeconomics surveillance process and Early Warning System (EWS) which can be customized for stock markets to prevent or detect the oil risk, hedging against initial oil-affected stock markets and a stronger influence by the East Asian countries in the global world of oil and capital investment are strongly suggested.Keywords: oil price; capital market integration; stock market behaviour


2011 ◽  
Vol 39 (3) ◽  
pp. 304-331 ◽  
Author(s):  
Volker H. Schmidt

AbstractThe article examines Shmuel Eisenstadt’s claim that Japan constitutes a unique modernity, one that differs fundamentally from Western modernity. Since this claim, like the multiple modernities approach founded by Eisenstadt, is directed against the convergence thesis of classical modernisation theory, that thesis’ meaning is first briefly reconstructed. Moreover, to stand Eisenstadt’s case on a broader basis, the four tiger states (South Korea, Taiwan, Hong Kong and Singapore) are added to the sample, thus extending Japanese modernity to a larger East Asian modernity. These five countries are then compared with the five largest Western countries along several dimensions that seem to be particularly salient for probing modernisation theory. Surprisingly, the comparison fully confirms the theory. The article then moves on to assess Eisenstadt’s claim in light of his own conceptualisation of modernity. This conceptualisation renders his proposal more plausible, but at considerable cost. The conclusion is devoted to asking how Eisenstadt’s substantive concerns could be met without reading too much into his empirical findings.


1991 ◽  
Vol 50 (4) ◽  
pp. 818-849 ◽  
Author(s):  
Richard F. Doner

The pacific rim's record of impressive economic growth over the past twenty years is now well known. While most obvious in Japan, this expansion has been striking in the East Asian Newly Industrialized Countries (NICs): Singapore, Hong Kong, South Korea, and Taiwan. But it has also occurred to varying degrees in four of the original members of the Association of Southeast Asian Nations (ASEAN): Indonesia, Malaysia, the Philippines, and Thailand. In addition to increases in overall output, each of these four economies has achieved a considerable degree of restructuring in favor of manufacturing and away from commodity production since the 1970s (e.g., Lee and Naya 1988:S134).


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