Abstract
At the outset of this new century, Asian nations are poised to become the engine of global economic growth. IMD’s 2004 World Competitiveness Yearbook, for example, lists Singapore as the world’s second most competitive country and announces that seven of the ten fastest rising regions in the World Competitiveness rankings are in Asia:
A new breed of local competitors emerges, mainly from Asia, and soon from Russia and Central Europe. They don’t only provide manufacturing or services to western companies; they compete in their own right with their own brands. They will assail western markets, just as Japan before, but on a much wider scale. Such nations are quickly absorbing world standards in management and technology, which are spread by offshoring activities.
(World Competitiveness Yearbook, 2004)
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© 2005 John Alexander and Michael Jenkins
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Alexander, J., Jenkins, M. (2005). The Leadership Dimension: Developing Human Capital in Asia. In: Infrastructure and Productivity in Asia. Palgrave Macmillan, London. https://doi.org/10.1057/9780230523562_10
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DOI: https://doi.org/10.1057/9780230523562_10
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