Search

Discusses Australia's wine industry and reasons that its winemakers are considered natural partners for the United States industry. Experience of Australian producers in the global market; Example of Southcorp Ltd.'s negotiations with California wineries and the company's valuation; Advantage of climate that Australia has for growing grapes.

Reports on the economic transformation of Asian countries due to offshore private investors. Profiles of several Asian businessmen; Fluctuations in the wealth of Asian entrepreneurs and their willingness to take risks; The role of information technology in India; How the structure of Japanese companies changed with the advent of the Internet and the effect it has on older workers; Distrust of the Japanese media for young entrepreneurs. INSET: Pachinko Warrior.

Focuses on the quota system imposed by the United States on the import clothing trade. The effect of quotas on the price of clothing; Methods used by foreign manufacturers to circumvent the protectionism of quotas; Countries in which quota rights are traded as commodities; The changing nature of US rules regarding trade barriers. INSET: The Parachute Quota Has Been Lifted.

Discusses how the international air express industry has become one of the great beneficiaries and enablers of today's global economy. The key part they play in the door-to-door movement of time-sensitive packages; Industries that still move products by boat; How manufacturers are competing less on product and quality and more on inventory turns and speed to market.

Profiles former actor Philippine President Joseph (Erap) Estrada. Economic statistics of the country; Comparison of Estrada's screen roles and his actions as president; His embrace of the open market system; Continuation of the economic reforms enacted by the previous administration; Compliance of Estrada with the Asia Free Trade area; Signs of integration into the world economy; His weekly radio addresses.

The article focuses on the economic and political condition of Taiwan as of 1989. Throughout the Sixties, Seventies and Eighties, Taiwan's standard of living developed rapidly, thanks to the laissez-faire economic system allowed by Chiang Kai-shek, President of the Republic of China and the director of Kuomintang, and later his son, Chiang Ching-kuo. But while the Chiangs went along with economic freedom, they retained, through their somewhat sinister Kuomintang apparatus, tight control over Taiwan's political system. Now, that authoritarian concentration of political power is cracking under the weight of the successful decentralized economy--yet another confirmation that there really is a difference between authoritarian and totalitarian regimes. INSET: Nipponophilia (discusses Taiwan's shoppers)..

The article discusses the promising industrial growth of South Korean companies particularly the Samsung Group, a company engaged on electronics, finances and insurance owned by Chairman Kun-hee Lee. The company and the country's economy is growing twice as fast as Japan and promises to become another major challenge to U.S. industries. Moreover, Korean businesses looks for Japanese companies as models and budgeting large amounts not only for marketing but for research and development as well.

The article discusses the increase in the number of billionaires in Japan and questions if the country's wealth dependence can give trouble in Japan's future as of July 1987. Topics include a background on Japan's prominent billionaires such as Shoji Uehara, Taikichiro Mori, and Masatoshi Ito, the dominance of real estate businesses among the listed new billionaires, and Japan's tax policy.