Illustrations

Figures

3.1 Foreign direct investment approvals in Taiwan, 1958–78

4.1 Japanese foreign direct investment in manufacturing

5.1 South Korea: Structure of industrial labor force by firm size

5.2 South Korea: Index of annual average wages in manufacturing

Tables

1.1 Prime military contracts: Top ten states, 1945–82

2.1 Wage disparities between manufacturing enterprises of different sizes in Japan

3.1 Significance of small- and medium-sized corporations in selected core states

3.2 Combined sales of top ten Chaebol as percentage of GNP, 1974–84

3.3 Industrial employment in Taiwan

3.4 Distribution of manufacturing establishments and employment in Hong Kong

3.5 Role of foreign paid-up capital in Singapore's industry, 1959 and 1973

4.1 Number of Japanese overseas investments in East and Southeast Asia approved by the Ministry of Finance until 1973

4.2a Comparative average daily industrial wages

4.2b Comparative average monthly wage rates, 1972

4.3 Sectoral distribution of Japanese FDI in manufacturing

4.4 Comparative economic performance

5.1 Exchange-rates after the Plaza Accord

5.2 Taiwan's largest 100 business groups' sales as a percentage of GNP, 1979–98

5.3 Foreign debt of selected Asian economies

5.4 Consequences of different debt/equity ratios

5.5 External financing for the most afflicted Asian economies: South Korea, Indonesia, Malaysia, Thailand, and the Philippines

6.1 Major South Korean conglomerates as of April 2002

6.2 Declining economic dynamism: Japan, United States, and Western Europe