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The Multi-Dimensions of Industrial Relations in the Asian Knowledge-Based Economies by Hiromasa Suzuki, Chris Rowley, John Lawler, Sununta Siengthai

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Chapter 1

Overview of Economic Growth and Industrial Relations in Asian Knowledge-Based Economies

Sununta Siengthai, John J. Lawler and Chris Rowley Hiromasa Suzuki

1 INTRODUCTION

The book traces the development of the post-financial crisis industrial relations systems in selected Asian countries, namely Japan, Korea, Taiwan, Singapore, Thailand and the Philippines, which are regarded as knowledge-based economies. To a large extent, these countries had all been affected by the 1997 Asian financial crisis. In 1997, the crisis originated in the Asian financial sector, which led to other sectors’ declining performance and drove substantial numbers of firms out of business. However, since many countries could still depend on their export growth, ...

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