East Asian Business in the New World

East Asian Business in the New World

Helping Old Economies Revitalize
2016, Pages 1-11
East Asian Business in the New World

Chapter 1 - Introduction: East Asia in the Globalizing World

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Abstract

This chapter introduces globalization, a key concept for this book. After explaining the causes and consequences globalization, it puts the rapidly rising East Asian economies in the backdrop of globalization, and shows that the rise of East Asia provides opportunities and more importantly threats to the United States and other old economies. It ends by building a sense of urgency and the need to understand Asia, and laying out the objective of the book: learn from Asia, help the United States and other old economies to compete and win.

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