Asia Pacific Business

Paper Summary:

This paper explains that the difference in the business environment of Australia and China has the potential to cause considerable problems: Chinese managers are significantly more motivated by economic security, independence and control in contrast to their Australians counterparts. The author points out that companies in Australia are not as bound by government regulations as the Chinese are; even the influence of unions is not appreciated in Australia. The paper relates that, despite the legendary animosity that exists between Japan and South Korea, the two countries have comparable models of economic development; both plans for 'democracy' were borrowed from other governing states.

Table of Contents
Statement of Thesis
Introduction
Review of Case Study
South Korea and Japan

From the Paper:

"The Australian economy has seen significant changes in the past fifteen years. The government in Australia initiated a series of macro and micro-economic reforms. These reforms were inclusive of phasing out tariffs, waterfront, shipping and air freight reform, financial deregulation, floating of the dollar as well as the freeing up of the labor market gradually. Stated 'key elements' of the reform agenda on the micro-economic scale are that of public sector reform and privatization. "

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