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Asian Eclipse: Exposing the Dark Side of Business in Asia

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Exposing corrupt business practices in Asia.

This book exposes the underside of the economic boom that has occurred in Asia over the past few decades. Backman's analysis of dubious business practices is both compelling and unsettling, revealing how endemic cronyism, corruption, inadequate legal protection, and political patronage have all contributed to Asia's economic woes. While much of Backman's analysis is bleak, his final discussion of recent legislation and the lessons that may have been learned provide hope for the future. Recommended for readers interested in the intersection of business and politics in Asia.

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Asian Eclipse: Exposing the Dark Side of Business in Asia

Regular price $17.90 $7.90 56% off
Unit price
per
ISBN: 9780471835301
Authors: Michael Backman
Publisher: Wiley
Date of Publication: 1999-08-01
Format: Hardcover
Related Collections: Business, Economics, Politics
Goodreads rating: 3.89
(rated by 18 readers)

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Description

Asia was a shining star in the world economy for most of the 1980s and 1990s. The secrets of its success were often a subject of intense debate. Plaudits cited Japanese economic power, Confucian work ethics, the freeing of China's markets, Eastern ingenuity, and the powerful overseas Chinese guanxi networks. Critics were dismissed as ignorant of Asian values. But behind the facade lay a darker, more sinister truth. In this remarkable account, leading analyst Michael Backman tears away the myths of Asian business and reveals the dark side of the Asian success story. From endemic corruption to rampant cronyism, Asian Eclipse is a tale of capitalism gone sour, naming the perpetrators and offering timely advice on what is really needed for Asia to clean up its act. It will remain an indispensable guide to the complexities of corporate Asia for years to come. Highlights include China - rising star or black hole?, Japan - high-level corruption, organized crime, and poor corporate governance, Indonesia - the ultimate victim of Soeharto's rampant cronyism, Donorgate - President Clinton's campaign funds and the Asian connections, and Corporate Asia - What really happens to shareholders' money.
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Exposing corrupt business practices in Asia.

This book exposes the underside of the economic boom that has occurred in Asia over the past few decades. Backman's analysis of dubious business practices is both compelling and unsettling, revealing how endemic cronyism, corruption, inadequate legal protection, and political patronage have all contributed to Asia's economic woes. While much of Backman's analysis is bleak, his final discussion of recent legislation and the lessons that may have been learned provide hope for the future. Recommended for readers interested in the intersection of business and politics in Asia.