How Asia Works, phase 2/3

How Asia Works, phase 2/3
by Paul McLellan on 10-17-2013 at 2:19 am

Image RemovedSuccess in manufacturing has two conditions: tariff barriers to shield the infant industries from external competition, and a rigorous focus on exports to ensure that manufacturing cannot just shelter behind the tariff barriers and reap monopoly profits inside the country. Each industry needs to have several… Read More


How Asia Works, phase 1

How Asia Works, phase 1
by Paul McLellan on 10-15-2013 at 9:00 pm

Image RemovedThis is not too much about semiconductors so consider this an “off-topic” warning. But I think you should read on anyway.

TSMC will show up eventually but not yet.

I was in Asia at last week. Coincidentally, I had a book to read on the plane called How Asia Works by Joe Studwell. It looks at what has made Japan,… Read More