1. 1 Business Development in Asia Pacific Directed Revision What to consider

2. 2 Asian Miracle/Asian Crisis Was there a Miracle? Was there a Miracle? If so; what were the factors?/arguments? If so; what were the factors?/arguments? If not; why did certain countries grow economically at such impressive rate? If not; why did certain countries grow economically at such impressive rate? Link between growth & collapse? Link between growth & collapse? Crisis: Crisis: –What were the causes? –What were the effects – –short term? –long term? How has the business environment changed? How has the business environment changed? Attempts to re-establish confidence - Attempts to re-establish confidence - Improvements in governance/role of state/accounting/banking/business restructuring Improvements in governance/role of state/accounting/banking/business restructuring

3. 3 Country specific South Korea What are the main characteristics of business in S Korea? What are the main characteristics of business in S Korea? Can you explain S Koreas success? Can you explain S Koreas success? How was S Korea affected by Financial Crisis of 1997? How was S Korea affected by Financial Crisis of 1997? What were the outcomes of the crisis? What were the outcomes of the crisis? What is the relationship of business and state? What is the relationship of business and state? What changes have taken place post- 1997? What changes have taken place post- 1997?

4. 4 Country specific China Has China really been successful since 1978? Has China really been successful since 1978? Why is China unlike other Asian countries? Why is China unlike other Asian countries? What is the attraction for foreign investment What is the attraction for foreign investment What role has Chinese state/business played in FDI What role has Chinese state/business played in FDI What effect on management – What effect on management – In SOEs + in private companies? In SOEs + in private companies? Western influence/JVs/convergence/contingency Western influence/JVs/convergence/contingency Is Chinas success sustainable? Is Chinas success sustainable?

5. 5 Country specific India What are the main characteristics of the Indian business environment? What are the main characteristics of the Indian business environment? What role does the state play? What role does the state play? Why is India not challenging Chinas position in Asia? Why is India not challenging Chinas position in Asia? What is Indias way forward? What is Indias way forward? What are its strengths and weaknesses? What are its strengths and weaknesses?

6. 6 Country specific Vietnam What factors influenced Vietnams development What factors influenced Vietnams development Remember its development pattern Remember its development pattern Profile of FDI – EU/Japan/US Profile of FDI – EU/Japan/US What were the impacts of 97? What were the impacts of 97? –investment flight/reassessment of potential How did it react/overcome problems? How did it react/overcome problems?

7. 7 Country specific Japan What is so different about Japanese management? What is so different about Japanese management? Is it universal? Is it universal? What are the characteristics of Japanese management? What are the characteristics of Japanese management? How successful has Japanese management been as a set of techniques? How successful has Japanese management been as a set of techniques? Can it be separated from its cultural background? Can it be separated from its cultural background? Why were westerners so excited by Japanese Management? Why were westerners so excited by Japanese Management?

8. 8 The exam – 2 hours + 2 questions (from 5) The questions The questions Will be broad in scope Will be broad in scope This means you can answer quite generally – but extra credit given for showing This means you can answer quite generally – but extra credit given for showing –More depth –Knowledge of examples –Knowledge of arguments –Showing evidence of critical analysis

9. 9 Revision + sources Areas covered in lectures narrow down the topics Areas covered in lectures narrow down the topics El Kahal is obvious place to start & ideal for El Kahal is obvious place to start & ideal for Korea Korea Japan Japan Asian miracle/crisis debate (pre & post 97) Asian miracle/crisis debate (pre & post 97) India/China/Vietnam – articles in resource centre India/China/Vietnam – articles in resource centre

10. 10 Revision + sources What I would expect in an answer: What I would expect in an answer: If you have a general understanding of the topic try to apply that knowledge to the question If you have a general understanding of the topic try to apply that knowledge to the question Eg Chinese management in SOEs Eg Chinese management in SOEs –Traditional mgt – describe key features –Is this effective today – no, why not –Have there been attempts to change it? – yes, what? –Did they work? What have been the effects? –Make some conclusion that –A) is relevant to the question –B) follows LOGICALLY from what you have written

11. 11 Revision + sources A list of articles held in Resource Centre will be posted on Blackboard A list of articles held in Resource Centre will be posted on Blackboard I will indicate the most important readings I will indicate the most important readings In revision In revision DONT try to read EVERYTHING DONT try to read EVERYTHING DO try to read SOMETHING DO try to read SOMETHING Make sure you know the KEY points for each topic area & have an knowledge of some arguments/articles related to the topic. Make sure you know the KEY points for each topic area & have an knowledge of some arguments/articles related to the topic. Problems? E-mail me I will try my best to respond as soon as possible Problems? E-mail me I will try my best to respond as soon as possible