ASEAN Business in Crisis - Context and Culture (Hardcover)

The impact of the Asia crisis has contributed to the debate about the need for regulation of global markets. This book outlines the events leading up to and during the Financial Crisis of 1997 and assesses the responses of the financial contagion. The potential for economic reform is discussed and the willingness of legislators in South East Asia to create a new legal infrastructure to control business is studied. The discussion moves to the political arena, where the extensive use of the internet as a new medium is discussed using Malaysia as a case in point. The next section focuses on specific themes relating to labour, capital and political business. It studies the response of Malaysian labour to the financial and political crisis. Another contribution explores the tourism industry in Bali, and Indonesian economic and social meltdown. Finally, it examines the vulnerability of fast growth in the Thai telecommunications industry and the development of third world multinationals is assessed. Unfolding tensions between local and expatriate staff as a result of multinational corporate restructuring are explored.