chapter  8
Pursuing the new international economic order
Overseas investment and trade of Japan, the Asian NIEs and ASEAN
ByTeruzo Muraoka
Pages 19

Overseas investment by Taiwan and South Korean firms is only in its infancy, but already it is beginning to have a significant impact both on the two domestic economies and on certain Southeast Asian nations, notably Thailand. The success with which Taiwan and South Korea business can manage their overseas holdings will be critical for these nations’ economies prospects over the next decade as they move from being capital importers to significant capital exporters.