The rate of economic change in East Asia over the past two decades has been astounding. High levels of growth have been experienced by a number of the region’s developing economies, centralized systems have developed large market sectors, Japan has suffered a prolonged downturn and the 1997 crisis plunged the region into economic turmoil.
This volume presents an in-depth analysis of the effects of these changes on employment in the region. Chapters are devoted to market restructuring in China and Vietnam, the Asian crisis and recovery, and Japan’s business doldrums. The unique case of Malaysia – one regional economy that needs to import workers – is also brought into play, as is the example of high-tech Taiwan. Underpinning these case studies is a common theoretical framework and a strong structure for understanding.
With its solid research the book focuses on a relatively unexplored aspect of one of the world’s most dynamic economic regions.