The Current Economy and Medium-Term Growth Prospects Summer 1999 brought several indications that the recovery is slowly starting to gather momentum. Public investment, the zero interest rate policy, and an easy lending stance backed by government credit guarantees has clearly had an effect. Full-...

DIRECT LINKAGES Geographical proximity has facilitated capital flows, as north east Asian manufacturers of labor intensive exports moved their factories south to take advantage of the skilled labor which helped a lot Indonesia, Malaysia and Thailand. From policy view point these linkages have been ...

In this paper I will take a look at two economically leading countries in Asia Pacific - Japan and South Korea and evaluate more in detail their conglomerates that have been said to be the greatest contributors to their success - keiretsu and chaebol. In their development state as well as historic...