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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: MikeM54321 who wrote (4189)	6/5/1998 2:43:00 AM
From: Michael Sphar	Respond to of 9980

Great read Mike, Thanks! I especially mulled the concept of ethno-economics. It seems to me that this concept is at play throughout the world, and strongly in SouthEast Asia as well. It is not just the Japanese that practice it. I even see it in hiring practices within Silicon Valley where Chinese seem to hire Chinese and Indians seem to hire Indians, just as a couple of examples, beyond the probabilities of chance or averages. And lest I get beat up for saying that, I also see the process played out at another company which seems to favor Germans, and of course the parent corporation just happens to be based in, you guessed it, Germany. Another remarkable thing, was the relative openness of hostility I remember from about 10 years ago, speaking with people of various nationalities in SouthEast Asia towards the Japanese. Typified by the casual remark of a line worker in the Philippines saying something like she much preferred working for an American managed firm over one home based in Japan. Whether I should have taken this at face value or not, I tended to believe the sincerity in that remark. Also, from that same timeframe, I remember thinking that the Japanese factories I was seeing in the area's I traveled, indicated that Japan had already made significant investments in the region, and was competing favorably with other nations doing likewise. Seeing and reading about this Asian economic meltdown is a morbid fascination of mine, but my heart feels for all those in the region affected by this calamity.