Western Business Should Approach Eastern Europe Mindful of Experience in East Asia

As Eastern Europe emerges from communism and seeks to develop democracy and a private sector economy, it looks to Western Europe for models. Yet in many ways, East Asia offers more useful guideposts. The East Asian experience in joint ventures, capital market development, and legal and infrastructur...

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Bibliographic Details
Published inCalifornia management review Vol. 33; no. 4; pp. 118 - 126
Main Author Dickie, Robert B.
Format Journal Article
LanguageEnglish
Published Los Angeles, CA University of California Walter A. Haas School of Business 01.07.1991
SAGE Publications
University of California, Graduate Schools of Business Administration
Subjects
Asia
Business structures
Capital flight
Capital investments
Commercial policy
Eastern Europe
Economic Policy
Equity
Equity financing
Europe, East
Federal government
Financial investments
Foreign Affairs
Foreign investment
Foreign investments
Investors
Local government
Market potential
Political risk
Portfolio investments
Roles
Securities markets
Southeast Asia
Stock markets
Subsidiary companies
The Global Economy
Western Europe
Eastern Europe
United States > US
Southeast Asia
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Summary:As Eastern Europe emerges from communism and seeks to develop democracy and a private sector economy, it looks to Western Europe for models. Yet in many ways, East Asia offers more useful guideposts. The East Asian experience in joint ventures, capital market development, and legal and infrastructural development offers lessons which should not be lost on Eastern Europe. Nor should they be lost on U. S. corporate leaders who are assessing opportunities in Eastern Europe.
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ISSN:0008-1256
2162-8564
DOI:10.2307/41166676