Trip Report : Journey for Perspective 1968.

R. M. Gurfield

Expert InsightsPublished 1967

Report on a visit to observe current practices and economic conditions of major business capitals in Asia and the Pacific. Findings based on a survey of Tokyo, Taipei, Hong Kong, Singapore, Bangkok, Fiji, Sydney, and Melbourne indicate that growth of local industry, sources of supply, and development of foreign markets have become primary factors in economic policy planning, and much depends on the availability of credit and the encouragement of overseas markets. Observations and comparisons confirm a hierarchy of economic power in Asia: Japan takes an active, independent leadership, while less economically developed nations are dependent on foreign investment. Taiwan, for example, has shown marked advancement in agricultural yields, literacy rates, and per capita income, although Taiwanese ownership of industry is still largely provided by foreign capital. In addition to fact-finding, the report includes personal impressions and attitudes gained from discussions with prominent Asian businessmen and government officials. 24 pp.

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Gurfield, R. M., Trip Report : Journey for Perspective 1968. Santa Monica, CA: RAND Corporation, 1968. https://www.rand.org/pubs/papers/P3967.html.
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