Category: Politics
Created by: HOSEOKNAM
Number of Blossarys: 42
The quintessential coordinated market economy(CME) is often seen as Germany and is characterized by its long-term industrial finance, cooperative industrial relations, high levels of vocational ...
Liberal Market Economies(LME) and coordinated market economies(CME) are mainly distinguished by incremental innovation. Innovation in CMEs is less organizational, process driven and incremental ...
Developmental state capitalism is most successful in South Korea, Taiwan, and Japan. These nations enjoyed the sky-rocketing economic growth through this model by having close economic and military ...
Japan was the first to mobilize its own business system as 'communities of firms' in forging inter-market horizontal groups and independent vertical groups to produce manufactured goods made for ...
Stable and large private conglomerates are controlled by a single family,highly-centralized military bureaucratic state, who own most of the shares. Banks in the past have given low interest loans so ...
Taiwan's densely interconnected business system with built on informality and flexible integration depended on smaller exporting firms and the large upstream firms that supply them. It can also ...