Conclusion: A new learning curve and new economic relations

The European Union has a strong interest in fostering sustainable growth in the central Asian economies, one dimension being to underpin its future energy security. This means supporting reforms that can further strengthen economic institutions, catalyze higher levels of FDI outside the energy sector, promote more broadly based economic growth, and promote financial stability. The EU thus needs to encourage policies that facilitate trade, including notably WTO membership; support institution-building, with a special emphasis on the financial sector; and foster greater regional co-operation (but not preferential regional trade). These are indeed areas in which the EU has developed a strong capacity for assistance during its engagement in Eastern Europe. The EU's policy agenda for central Asia suggests a shift of focus consistent with economic priorities along these lines.     

Production fragmentation and trade integration: East Asia in a global context

This paper examines the implications of international production fragmentation for global and regional trade patterns, with special emphasis on countries in East Asia. It is found that, while trade in parts and components (fragmentation trade) has generally grown faster than total world manufacturing trade, the degree of dependence of East Asia on this new form of international specialization is proportionately larger than in North America and Europe. International production fragmentation has certainly played a pivotal role in the continuing dynamism of the East Asian economies and increasing intra-regional economic interdependence. There is, however, no evidence to suggest that this new form of international exchange has contributed to reducing the region's dependence on the global economy. On the contrary, growth dynamism based on vertical specialization depends inexorably on extra-regional trade in final goods, and this dependence has in fact increased over the years.     

RAPID GROWTH IN CHINA AND THE ASIAN ECONOMIES: SOME STYLISED FREE‐MARKET POLICY INFERENCES

The focus of this article is on the rapid growth of the Chinese economy and its ongoing interaction with the rest of Asia. It concludes that rapid growth in both Asia and China has resulted from free‐market‐oriented neoclassical economic policies and principles. Owing to its economy's size, its openness and the briskness of its GDP growth, China has influenced economies across the globe as well as the more proximate regional economy.     

Looking East: diffusing high performance work practices in the southern Afro-Asian context

Most cross-cultural international human resource management (IHRM) literature contains instructive comparative analyses of East Asian and Western countries and lessons from Japanese best operating practice. There is a paucity of literature extending this debate to the African context and of comparative IHRM work between East Asia and African countries. This article fills a contextual gap in offering a comparative analysis of diffusion and adoption of high performance work practices from East Asia in southern African firms. The continued relevance of 'context' is critically evaluated, given powerful forces for convergence in the global economy. However, much of the debate on the convergence/divergence framework appears to neglect process dynamics and cross-vergence in the development and implementation of hybrid practices as well as reverse diffusion. This article highlights the importance of considering certain variables of local distinctiveness and diversity as features of the notion of cross-vergence which shape particular human resource practices.     

THE DEVELOPMENT OF REGIONAL INTEGRATION IN EAST ASIA: FROM THE VIEWPOINT OF SPATIAL ECONOMICS

This paper examines the recent evolution of regional integration in East Asia, and discusses the prospects and tasks of further integration. After an overview of the globalization and regional integration trend in EU, NAFTA and East Asia during the past half-century, we introduce the basic framework of spatial economics, often called the new economic geography. In terms of globalization and regional integration, it is important to examine the general effects of decreasing transport costs (broadly defined) on spatial distribution of economic activities. Given this theoretical framework, we examine the changing economic interdependency within East Asia, as well as that between East Asia and the rest of the world over the last three decades. Next, we focus on regional diversity and disparity in East Asia. Finally, we compare the regional integration in EU with that of East Asia, and examine the tasks and prospects of further promotion of East Asian integration.     

Globalization and Local Leadership: Growth,Power and Politics in Thailand's Eastern Seaboard

A growing literature has examined the changing nature of urban political leadership in an era of economic globalization and increased pressures for fiscal austerity on governments. Based mostly on the experiences of the United States and Europe, this literature has emphasized the imperative of urban leaders to become increasingly entrepreneurial — to foster collaboration with private sector actors, to mobilize new sources of financing for urban development, and to develop innovative strategies for economic growth. This article examines this question in the very different context of the Extended Bangkok Metropolitan Region (EBMR) in Thailand. It argues that, in the context of rapidly urbanizing regions in Southeast Asia, these changes have in many contexts led to the emergence of businessmen‐cum‐politicians who exert both economic and political dominance in localities. Such figures have emerged as intermediaries in the process of industrialization and urbanization between national governments and people in localities, and play an important role in mobilizing land, labor and capital at the local level, and in fostering a political base for national economic development policy. The article illustrates this phenomenon with a case study from Chonburi, a rapidly industrializing province on the fringe of the EBMR. L'évolution de l'autorité politique urbaine, dans un cadre de mondialisation économique et de gouvernements en butte à des pressions d'austérité fiscale accrues, fait de plus en plus souvent l'objet d'études. Essentiellement basées sur les expériences américaines et européennes, celles‐ci soulignent l'impératif, pour les leaders urbains, de devenir des chefs d'entreprise encourageant la collaboration avec les acteurs du secteur privé, mobilisant de nouvelles sources de financement de l'expansion urbaine et élaborant des stratégies novatrices de croissance économique. L'article examine cette question dans le contexte très différent de la Métropole étendue de Bangkok en Thaïlande. Dans un environnement sud‐asiatique en urbanisation rapide, ce changement a fréquemment fait émerger des hommes politiques‐hommes d'affaires qui exercent une domination tant économique que politique dans les régions. Apparus en tant qu’intermédiaires dans le processus d'industrialisation et d'urbanisation (entre les gouvernement nationaux et les populations régionales), ces personnages jouent un rôle important dans la mobilisation du terrain, de la main‐d'?uvre et du capital en plan local, tout en favorisant un appui politique pour les stratégies de développement économique nationales. L'article illustre ce phénomène avec le cas de Chonburi, province en cours d'industrialisation rapide située aux confins de la Métropole étendue de Bangkok.     

THE CHINA MODEL: IS IT A GOLDEN FORMULA?

The economic crisis is an opportunity for governments to face the fact that Keynesian interventionist policies are not the path to success. However, support for such policies is being sustained by misperceptions of China's remarkable economic progress in recent years. Its success is commonly attributed to government‐led initiatives, labelled as ‘The China Model’, which divert credit away from the true source of growth: its experience of the free market. This article examines the development of the free market in China and explains why the government's recent behaviour threatens to undermine the gains of recent decades.     

State entrepreneurship and regional development: Singapore's industrial parks in Batam and Suzhou

This paper examines a case of state entrepreneurship and regional development through an analysis of the Singaporean government's ‘regional industrial parks’ programme, which began in 1990. To the Singaporean government, this programme was an entrepreneurial venture because it was designed to generate profits through developing, leasing and managing industrial estates in selected locations across the Asia Pacific region. This paper examines two such regional industrial parks, situated in Batam (Indonesia) and Suzhou (China). It finds that as an entrepreneurial venture, the parks have both successes and failures. In addition, the two parks have had different developmental impacts. The paper concludes by arguing that although the entrepreneurial state's strategies are important, host governments must act on these strategies effectively in order to achieve sustained economic development.     

The impact of external constraints on labour rights: the case of the Philippines

Today, conventional wisdom suggests that integration into the global economy provides the best opportunity for economic growth and that such growth will, inevitably, benefit all sectors in society. However, if one looks beyond the economic indicators, the project of integrating into the global economy, particularly through export-oriented industrialization, carries high social costs in terms of violations of labour rights. This article argues that external constraints in the global economy prevent national governments from pursuing both integration through export-oriented industrialization and satisfactorily protecting workers. By focusing on the case of the Philippines, this study demonstrates how external constraints lead to specific violations of labour rights. The evidence suggests that practices such as labour-only contracting and 'no union, no strike' policies are best explained in terms of external constraints emanating from the global economy.     

Human resource management with ‘Asian’ characteristics: a hybrid people-management system in East Asia

The central theme of this article is to illustrate the similarity and difference of people-management system among the key economies in East Asia. The article not only identifies what elements do exist in East Asian people-management system, but also examines other new elements being adopted into the existing system with the influences from the US and Europe. The authors analyse the information on the changes of people-management system, factors causing the changes and time. The common phenomenon is that when there is a crisis, then that may provide some opportunities for drastic changes. The authors conclude the article by pointing out that HRM is in a reforming process towards hybrid people-management system in East Asia. However, this reforming process is not one-way only. A triangle-influence between East Asia, Europe and the US is the reality. In addition, multi-factors are shaping the outcome of reforming people-management system in East Asia, identified as foreign influence, the State's influence, the stage of social and economic development, and national and organizational historical path. Other economies, no matter in East Asia or other parts of the world, may draw some lessons from this study.     

Salvador Allende's development policy: Lessons after 50 years

Last year, 2020, was the 50th anniversary of the opening of the ‘Chilean road to socialism’ by Salvador Allende. Although the Allende government is the political reference for the 'socialism of the 21st century’ in Latin America, international supporters tend to disregard the primary cause of its downfall, focusing instead on the circumstances of Allende's death. This article explains the link between the Allende government's development policies and its macroeconomic outcomes between 1970 and 1973. It finds that Chile's economic collapse had an endogenous cause related to government policies. This supports the views of Mises and Hayek on the feasibility of socialist economic policies. Policymakers and commentators should recognise essential lessons from the Chilean experience to learn from past errors and effectively promote Latin America's economic development.     

Public service restructuring in the UK: the case of the English National Health Service

This article overviews welfare state retrenchment in the UK under the Conservative‐led coalition government that formed in May 2010 and has centred its response to economic crisis on rapid public deficit reduction through public expenditure austerity targeted increasingly on the welfare benefits budget. It locates the coalition's reforms of public services and public sector employment relations in the long trajectory of public sector restructuring in the UK: the policies of New Right governments in the 1980s and New Labour from 1997 to 2010 that installed marketisation and privatisation in a permutation of forms, intensifying challenges for trade union organising. Focusing on the English NHS, the article identifies the respects in which the coalition's reforms continue and depart from New Labour's.     

Managing change,leadership style,and intolerance to ambiguity: A survey of organization development practitioners

In today's business environment, human resource development (HRD) and organization development (OD) practitioners need to be experts at helping executives and managers deal with organizational change. This article presents survey research findings, based on responses from 357 HRD/OD practitioners, related to this critical area of expertise. The authors first describe the results of their research, and then conclude with implications of these results for HR and related professionals. Overall, HRD/OD practitioners were found to be quite knowledgeable about managing organizational change, and were more likely to describe their work style as transformational rather than transactional. © 1993 by John Wiley & Sons, Inc.     

The ‘old’ and ‘new’ competition and Malaysian manufacturing firms: a case study

The majority of empirical studies dealing with production processes, work organization and industrial relations practices have been conducted in advanced industrial nations. This article reports on a study of the changing nature of work organization and industrial relations policies in the developing economy of Malaysia. It explores the broad patterns of change in human resource management, technology and work organization among Malaysian manufacturing firms in the context of Best's ‘old’ and ‘new’ competition. The question that arises is: does the evidence reveal that Malaysia is embracing elements of the ‘new competition’, or is it still locked into a regime of mass production, or both? The article argues that the ‘old’ and the ‘new’ competition should not be treated as a simple, straightforward duality model of development. The distinction between the two approaches is sometimes blurred and not so clear-cut. The case study observes that both systems could be operating side by side at the same time within an organization. Since the Malaysian manufacturing sector is expected to shift from simple assembly and process-type operations using labour-intensive techniques to the more advanced and higher value-added industries, greater investment in HRD to upgrade the skills of the work-force and the adoption of appropriate industrial relations policies that emphasize decentralization, greater employee involvement and continuous innovation will become crucial. To be able to compete successfully in the global economy would require a change in focus in the adoption of industrial relations and human resource development policies. For Malaysia to realize its aspiration to become an industrialized and developed nation by the year 2020 would require radical changes in those policies within the context of an integrated approach to economic and industrial planning.     

Emergence-based local Economic Development Model: a way forward in responding to turbulent operating environments

This paper seeks to present a new approach to the implementation of local economic development policies. It takes evidence from such areas as physics, biology, and management theory and proposes that a new 'model' may be the way forward for economic development activities. The new paradigm is based upon research carried out in the Coventry area of the United Kingdom (UK). The paper has a five-part structure. Initially, it will provide an overview of underlying local economic and management trends in the UK. This is followed by an examination of underpinning theories and how these can be used. The third section will report on local economic development agencies (LEDAs) which operate in and around Coventry. The last two sections will draw the strands together to propose an Emergence-based local Economic Development Model.     

Fragmentation and agglomeration matter: Japanese multinationals in Latin America and East Asia

This paper analyzes micro data of Japanese multinational enterprises (MNEs) to investigate differences between Latin America and East Asia from various viewpoints of their corporate activities. One of the crucial factors to make a sharp contrast is the development of international production/distribution networks utilizing the benefit of fragmentation and agglomeration. Japanese firms have played an important role in developing international production/distribution networks in East Asia while they have not yet either constructed a critical mass of industrial clusters or formulated efficient vertical chains of production in Latin America, where proper international commercial policies are the key for success.     

Global City Frontiers: Singapore's Hinterland and the Contested Socio‐political Geographies of Bintan,Indonesia

During the 1980s, Singapore's policy‐makers perceived that the continued expansion of the Singapore economy required more spaces and workers beyond the 680‐square‐kilometre territorial limits of the city‐state. While planning to extend these limits through further land reclamation, Singapore also began to foster economic cooperation with regional neighbours, most famously in the form of a so‐called Growth Triangle incorporating proximate areas of Malaysia and Indonesia. The empirical focus of this article is on the tourist enclave developed on the Indonesian island of Bintan, a 45‐minute ferry ride from Singapore. This enclave embodies complex re‐territorializations. We specify how, despite a decade of re‐fashioning zones of Bintan into quasi‐enclaves and the literal and metaphorical cultivation of a tourist haven, other claims on these transfrontier zones resurfaced in the form of resistances and struggles over the terms of access to land and resources. It is argued that the trajectory of Bintan is symptomatic of wider transformations and epitomizes new configurations of sovereignty, urbanity and ‘gated globalism’.     

Unemployed Chinese workers: the survivors,the worried young and the discouraged old

The forces of globalization and the wave of economic reform in the People's Republic of China have led to government policies to downsize state-owned enterprises and support a competitive labour market. Chinese workers who have been laid off ( xiagang ) are leaving the 'iron rice-bowl' security of the socialist state. Unemployment produces personal challenges for laid-off workers and human resource policy challenges for the government. For workers, xiagang and unemployment status mean they must cope with the unfamiliar challenges of job search and the threat of economic hardship. But how unemployment influences workers' lives is strikingly diverse in its impacts. Distinctly different patterns emerge for workers depending on: 1) their position in the social structure and stage of life, 2) their available skills and coping resources, and 3) their experience of economic and psychological distress. The present study reports survey responses of a sample of 2,412 laid-off Chinese workers in seven cities in China and identifies three distinct sub-groups of unemployed workers: 1) 'Survivors': more confident and better educated workers, 2) 'The Worried Young': distressed younger workers with few coping resources, and 3) 'The Discouraged Old': older workers with less education looking towards retirement. Each of these groups of workers views their circumstances and life prospects in quite different ways. Our results are examined in the context of the literature on social change and the life course. Our findings also suggest different human resource policies for each of these groups of workers.     

Economic Freedom and Women's Emancipation in the MENA Region

The position of women in the Middle East and North Africa (MENA) region is a complex topic, difficult to comprehend without allowing for socio‐cultural norms, legal frameworks and the global gender context. In thinking about a practical framework for action, the free market perspective is relevant and necessary. However, this alone does not seem to provide a complete answer to the problem of promoting women's economic status. This article makes the case for the importance of market‐friendly, but also gender‐sensitive, policies to promote women's economic freedom and hence women's emancipation in the MENA region.     

AN ECONOMIC POLICY HYPOTHESIS OF METROPOLITAN GROWTH CYCLES: A Reflection on the Recent Rejuvenation of Tokyo*

Rejecting the simplistic life-cycle hypothesis of cities put forth by Klassen and Paelinck, this paper advances a new hypothesis for the cyclical movements of urban growth that have taken place on a world-wide scale. The recent rejuvenation of major industrialized cities is largely attributed to the shift in the government's economic policies toward a smaller government, supported by the existence of economies of scale in large cities. The paper closely examines Tokyo's recent rejuvenation and shows how the government's conservative economic policies of the 1980's helped reverse the declining trend of the previous decade.