1. Globalization: Pacific Basin
... the Asian NICs was aming at exploiting the comparative advantages of cheap labor in those host countires where abundant labor supplies were abailiable at the time as their economies were starting to take off. As a result, the development of labor-intensive industires in these host countries was accompanied by Japan's cost driven FDI strategy. After the first oil crisis, while economic ... turn supplied parts and components at lower costs for Japanese subsidiaries locally. The development of integrated industry of computer industry in Thailand is an illuminating lesson for many developin...
- Word Count: 1720
- Approx Pages: 7
- Grade Level: Graduate