1. East Asian Globalisation
Starting with Japan, the appreciation of the yen after the Plaza agreement of September 1985 led to Japan's rapid increased FDI in East Asian Countries. Towards the end of the 1980s Japan turned out to be the world's largest source of FDI. ... Yet, even though Japan was the world's largest foreign direct investor, the low level of inward FDI coming from elsewhere was cited as evidence of the closed nature of Japan's market overtaken by government supported conglomerate firms known as the "Keiretsu". ... Japan inevitably adopted this strategy before it was taken up by the ot...
- Word Count: 3533
- Approx Pages: 14
- Has Bibliography
- Grade Level: Undergraduate