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The political economy of development
This academic site promotes excellence in teaching and researching economics and development, and the advancing of describing, understanding, explaining and theorizing.
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- JAPAN INSIGHT -

SOCIAL CHANGES
Globalization of the economy


Contents

Foreign direct investments by the US., Europe and Asia reshape the global
economy

Japanese multinational corporations have been steadily increasing their overseas production

The formation of NAFTA reshapes the region

Trade surplus forces NIEs and Japan to invest in other regions

Asia moves toward a more open market

Former Eastern block becoming better integrated in the global economy

Imports into the Japanese market increasing significantly


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