COMING OF AGE IN ASIA/PACIFIC

The world's fastest growing auto market lies in the region loosely bordered by Japan on the north and Australia-New Zealand on the south. It bristles with protective traffic, native power blocks and political unrest. Resource poor nations such as Taiwan struggle to emulate Japan's island economy while fending off its exports. Commodity rich but job poor countries such as Indonesia and Malaysia compete for new industrial investment. However, even though it is risky and erratic, the region lures automotive giants investing with a view to the future: hedging against the day when cars displace motorcycles as basic transportation, developing sourcing strategies for underdeveloped markets, perhaps even aiming at the U.S.; or gambling that cheap labor and human energy someday may meld into a manufacturing center able to compete with Japan. While some may dispute this, the emerging Southeast Asian nations (Newly Industrialized Countries--NICS) such as South Korea, the Republic of China (Taiwan), Indonesia, Malaysia and the Philippines are attempting to lure the giants of the West and Japan by dangling cheap labor, rich national resources and double digit domestic growth. This article discusses the above, especially in relation to the NICs.

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  • Corporate Authors:

    Ward's Communications Incorporated

    28 West Adams Street
    Detroit, MI  United States  48226
  • Authors:
    • McCosh, D F
    • Smith, D C
  • Publication Date: 1983-5

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00381274
  • Record Type: Publication
  • Source Agency: National Highway Traffic Safety Administration
  • Report/Paper Numbers: HS-035 436
  • Files: HSL, USDOT
  • Created Date: Feb 29 1984 12:00AM