| Miêu tả |
The Asian and Pacific region – a fastgrowing,
dynamic part of the developing world –
has sustained its vibrancy and impressive growth,
despite the unexpected setbacks during the latter
half of the 1990s. The dynamism and vibrancy of
the economies and the economic crisis of 1997-
1998 are both cited as the results of the fast pace
of liberalization and the globalization process.
Opinions are divided and experts have different
views on these issues. However, globalization,
which is generally defined as the “shrinkage of
economic distances (i.e., the costs of doing business)
between nations”, when one analyses the
trends in production and trade or finance and
capital flows among countries in the region as well
as global terms,1 has ushered in new opportunities
and challenges especially for small and mediumsized
enterprises (SMEs).
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| Báo cáo |
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