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Essay / Research Paper Abstract
This 5 page paper considers the way in which some countries in the Asian regions have achieved strong economic growth through investment whilst others have failed. The writer argues that there are a range of preconditions that need to be present in order for external investment to be attracted. The bibliography cites 3 sources.
Page Count:
5 pages (~225 words per page)
File: TS14_TEasiadv.rtf
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Unformatted sample text from the term paper:
the area there has been great economic success as a result of the increased attention from the west. The area has been transformed economically, but the transformation has not been
evenly spread, with some countries becoming more successful than others at embracing and attracting foreign investment. There are many factors that can be established, these include the political, legislative and
social backgrounds of the counties, and the potential the investing company believes they may realise. Therefore, we can argue that there are some preconditions required for economic growth, and that
the counties, which have failed to develop, lack these preconditions. It has often been determined that the world economy now operates on
a tripolar system (ASEM, 1999). This is Europe, North America and Asia. The weakest link in this tripolar economy is that of Asia (ASEM, 1999). It has had the most
erratic growth and reactions to world events as well as being the youngest developed or semi-developed economy (ASEM, 1999). This means that the Asian countries start off with a disadvantages
with a lower level of power. Before considering the types of investment and the patterns observed it is necessary to first define
where we mean by Asia. It is a large area and has many diverse economies which have developed in differing ways. The Continent of Asia, including India, Pakistan and Kashmir
are part of this are, as are the smaller countries such as Korea, Taiwan and Malaysia. This in itself is a large area, but the Asian sector is not limited
here, it also extends to Japan and China and Hong Kong (now part of China). This is not a full list but it should give the reader a good idea
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