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LORDS OF THE RIM

THE INVISIBLE EMPIRE OF THE OVERSEAS CHINESE

An illuminating if impressionistic appreciation of the Overseas Chinese, mainland ÇmigrÇs who down through the ages have become an economic force throughout Southeast Asia and beyondnotably, on North America's West Coast. Historian Seagrave (Dragon Lady, 1992, etc.) traces the emergence of these industrious expatriates back to the 11th century b.c. when the long-lived but repressive, puritanic, and anti- business Chou dynasty first drove the country's merchant class from the capital cities of the north. Forced to resettle in the less civilized regions of the Middle Kingdom's southern coast, the internal exiles began venturing offshore. In time, they established commercial beachheads that have survived civil strife, colonialism, world wars, and xenophobia in every country of the Pacific Basin save Japan and Korea. In round numbers, the 55 million Overseas Chinese (including those in Hong Kong and Taiwan) have a GNP estimated at $450 billion per annum, and their liquid assets probably top $2 trillion. In the course of his anecdotal narrative, the author makes a number of intriguing points about the prospering, nepotistic Overseas Chinese (for whom networking is a way of life). By way of example, a significant portion of their money has been (and continues to be) earned in the drug trade and other of the world's older professions. Nor do they shy away from bribery, partnerships with public officials, or other forms of corruption long outlawed in Western marketplaces. By Seagrave's convincing account, moreover, the loyalties of these secretive and disciplined DPs are essentially parochial, i.e., to ancestral villages and dialect communities rather than to the Chinese government. In the author's informed opinion, this pragmatic lack of allegiance could keep them from returning to the mainland in any great numbers regardless of what the future holds for the Communist regime still clinging to power in Beijing. A savvy observer's episodic briefing on an ethnic group that bears watching in a world economy no longer constrained by sociopolitical frontiers.

Pub Date: Aug. 30, 1995

ISBN: 0-399-14011-5

Page Count: 336

Publisher: Putnam

Review Posted Online: May 19, 2010

Kirkus Reviews Issue: June 15, 1995

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THE CULTURE MAP

BREAKING THROUGH THE INVISIBLE BOUNDARIES OF GLOBAL BUSINESS

These are not hard and fast rules, but Meyer delivers important reading for those engaged in international business.

A helpful guide to working effectively with people from other cultures.

“The sad truth is that the vast majority of managers who conduct business internationally have little understanding about how culture is impacting their work,” writes Meyer, a professor at INSEAD, an international business school. Yet they face a wider array of work styles than ever before in dealing with clients, suppliers and colleagues from around the world. When is it best to speak or stay quiet? What is the role of the leader in the room? When working with foreign business people, failing to take cultural differences into account can lead to frustration, misunderstanding or worse. Based on research and her experiences teaching cross-cultural behaviors to executive students, the author examines a handful of key areas. Among others, they include communicating (Anglo-Saxons are explicit; Asians communicate implicitly, requiring listeners to read between the lines), developing a sense of trust (Brazilians do it over long lunches), and decision-making (Germans rely on consensus, Americans on one decider). In each area, the author provides a “culture map scale” that positions behaviors in more than 20 countries along a continuum, allowing readers to anticipate the preferences of individuals from a particular country: Do they like direct or indirect negative feedback? Are they rigid or flexible regarding deadlines? Do they favor verbal or written commitments? And so on. Meyer discusses managers who have faced perplexing situations, such as knowledgeable team members who fail to speak up in meetings or Indians who offer a puzzling half-shake, half-nod of the head. Cultural differences—not personality quirks—are the motivating factors behind many behavioral styles. Depending on our cultures, we understand the world in a particular way, find certain arguments persuasive or lacking merit, and consider some ways of making decisions or measuring time natural and others quite strange.

These are not hard and fast rules, but Meyer delivers important reading for those engaged in international business.

Pub Date: May 27, 2014

ISBN: 978-1-61039-250-1

Page Count: 288

Publisher: PublicAffairs

Review Posted Online: April 15, 2014

Kirkus Reviews Issue: May 1, 2014

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GOOD ECONOMICS FOR HARD TIMES

Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.

“Quality of life means more than just consumption”: Two MIT economists urge that a smarter, more politically aware economics be brought to bear on social issues.

It’s no secret, write Banerjee and Duflo (co-authors: Poor Economics: A Radical Rethinking of the Way To Fight Global Poverty, 2011), that “we seem to have fallen on hard times.” Immigration, trade, inequality, and taxation problems present themselves daily, and they seem to be intractable. Economics can be put to use in figuring out these big-issue questions. Data can be adduced, for example, to answer the question of whether immigration tends to suppress wages. The answer: “There is no evidence low-skilled migration to rich countries drives wage and employment down for the natives.” In fact, it opens up opportunities for those natives by freeing them to look for better work. The problem becomes thornier when it comes to the matter of free trade; as the authors observe, “left-behind people live in left-behind places,” which explains why regional poverty descended on Appalachia when so many manufacturing jobs left for China in the age of globalism, leaving behind not just left-behind people but also people ripe for exploitation by nationalist politicians. The authors add, interestingly, that the same thing occurred in parts of Germany, Spain, and Norway that fell victim to the “China shock.” In what they call a “slightly technical aside,” they build a case for addressing trade issues not with trade wars but with consumption taxes: “It makes no sense to ask agricultural workers to lose their jobs just so steelworkers can keep theirs, which is what tariffs accomplish.” Policymakers might want to consider such counsel, especially when it is coupled with the observation that free trade benefits workers in poor countries but punishes workers in rich ones.

Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.

Pub Date: Nov. 12, 2019

ISBN: 978-1-61039-950-0

Page Count: 432

Publisher: PublicAffairs

Review Posted Online: Aug. 28, 2019

Kirkus Reviews Issue: Sept. 15, 2019

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