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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (141913)	6/4/2018 2:59:11 AM
From: elmatador	Read Replies (1) \| Respond to of 219858

Regarding the trade imbalances between the 2 countries During the 80s the advanced countries discovered that there was possible to produce at lower costs in Asia. Huge young population: Disciplined non-union and hard working work forces. The Japanese were using a the rollover strategy whereby they rollover lower tech and more labor intensive while keeping the highest tech a less labor intensive industries at home. quote from my book “New technologies are initially exploited in the Japanese domestic market, then by export. As competition and trade friction intensify, production is moved to major customer markets. Finally, as newer equivalent products and technologies appear, companies ‘roll over’ into new areas, leaving the older ones to foreigners, both in the NIC (New Industrialized Countries) and the economies of Europe and North America. Conversations with MITI officials in 1985 confirm the impression that government operates with a model of Japanese economic development in mind that entrails continual ‘roll over’ into new technologies. Japan is seen as thereby blazing a trail in economic development which others can follow. One implication of this thinking is that less developed economies will permanently trail Japan, receiving the leavings from the Japanese table in the form of a steady supply of transfers involving outdated products and technology. Japanese foreign aid policy is important in developing markets and following the ‘roll over strategy’ in industrial development. In 1984, Japan overtook France to become the second-largest aid donor (in absolute terms) after the U.S. JAPAN ECONOMIC JOURNAL, JUL. 2, 1985. UNQUOTE The western companies jumped into the rollover bandwagon at a scale 10x bigger than Japan. Sending to Korea, Taiwan, Indonesia, the Philippines, Malaysia, Thailand, etc. That created the Asian miracle that lasted just about 10 years and which melted in 1997-98. China seeing what was happening took the rollover strategy to a much higher new level. Welcome the western companies and, instead of just being a huge Exporting Processing Zone, It took all the industries that were spread over Korea, Taiwan, Indonesia, the Philippines, Malaysia, Thailand and became a one-stop shop. The Hakka Chinese -who suffered during the Asian Meltdown of 97-98 pulled $115 billion from Indonesia alone. They were received with open arms in China. Cut for today. After rolling out all their industries to China westerners discovered that their industries are hollow and China used all the proceeds to develop technology. How Brazil see China? The bigger and the richer the better. More imports from Brazil How advanced countries see China: The Chinese can do Industry 4.0 the same way they can do. They are now looking at the these Chinese have an easy way. This is not the mid-1980s., they reason. Time to deal with China in different way.