The Asian Economic Catharsis: How Asian Firms Bounce Back from Crisis - Hardcover

by Frank Richter (Author)

One result of the Asian economic crisis has been to shatter the belief that Asian ways of management are superior to Western ways. Now, just to survive, Asian firms have come to rethink their entire way of managing, and in his latest book, Richter, assisted by his contributing authors, gives a sharply focused analysis of how they are doing it. Emerging questions are how do Asian firms adjust to the new economic realities? and How do they develop their management style?

There are plenty of new opportunities in Asia to play the new game, but they must be grasped and productively channeled. Richter and his contributors conclude that in the end, the Asian economic crisis, or catharsis, may well be a blessing in disguise. It provides an opportunity to completely review the way things stand in Asia. Like entrepreneurs who built the Asian economies, today's firms have the opportunity to lead a revival if they can redirect their businesses. This is an important resource for professionals in all multinational organizations and for academics and their upper-level students of international business.

Author Biography

FRANK-JÜRGEN RICHTER has lived, worked and traveled extensively throughout Asia. Fluent in Mandarin and Japanese as well as his native German, he holds a doctorate from Stuttgart (Germany) University, has studied business administration and mechanical engineering, and done other postgraduate work at Tsukuba University, Tokyo. Dr. Richter has written articles for various professional and scholarly journals, authored two books, and is the editor of two previous books for Quorum, Business Networks in Asia: Promises, Doubts, and Perspectives (1999) and The Dragon Millennium (2000).