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H-ASIA ***************************************************************** From: Anthony DCosta <email@example.com> Subject: Re: H-ASIA: Korean Capitalism I have not specifically examined Korean outward foreign direct investment but I am somewhat familiar with some Korean investments made in India. The three noteworthy investments are by Daewoo, a joint-venture with DCM (an established family business (Delhi Cloth Mills) but quite diversified if all the businesses of all the siblings are considered). With Daewoo's bankruptcy and the CEO in hiding, questions of what will happen in India does arise. Although it appears that the business will continue since the prospects in India are quite good thus far. The other is Hyundai, the only 100% owned subsidiary in the Indian automobile industry (all the others are joint-ventures). This raises the question: how come? The third one is LG Electronics, which has set up a global software development center in Bangalore. I have spent time talking to this firm about their operations in India. LG is following the behaviour of virtually all the other software related MNCs in India. With respect to other investments, I have (over the years in the early to mid-1990s) read several New York Times articles that specifically pointed out some of the inhumane treatment of workers in various Korean owned factories in Mexico and some other Central American country. These were I think in textiles. I am sure some of these could be archived from the NYT for a fee. I am taking this opportunity to also (re) introduce myself to H-Asia. I am a lurker by any definition but I profit handsomely from this discussion group. I have been with it pretty much since its inception. I am a trained political economist, working largely in the broad field of development studies. I have no disciplinary allegiances and move relatively seamlesslessly within the social sciences, especially industry studies, economic development, political economy, globalization, innovation and technology studies, and politics. As a comparativist my work though focused mainly on India takes me to East Asia (South Korea and Japan) and in the past to Latin America, mainly Brazil. My recent book was "The Global Restructuring of the Steel Industry: Innovations, Institutions, and Industrial Change" (Routledge, 1999). I have written on the Indian automobile industry, especially in the context of global integration, role of the state and Japanese capital, and flexible production systems. I hope a book will be in the making. My most recent research focuses on the Indian software industry, bringing out the nature of globalization, uneven development, international division of labor, innovative capability, and social stratification. I compeleted my masters in Economics from the Birla Institute of Technology and Science in India and my Ph.D. in Development Studies from the University of Pittsburgh. I also taught in the Economics Dept at the National University of Singapore. I will be happy to share my work with people on the list and would welcome similar offers. Let me also thank the list for helping me out, even if unwittingly. Cheers, Anthony xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx Anthony P. D'Costa Associate Professor Ph: (253) 692-4462 Comparative International Development Fax: (253) 692-5718 University of Washington Box Number: 358436 1900 Commerce Street Tacoma, WA 98402, USA xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx ================================================================= To post to H-ASIA simply send your message to: <H-ASIA@h-net.msu.edu> For holidays or short absences send post to: <firstname.lastname@example.org> with message: SET H-ASIA NOMAIL Upon return, send post with message SET H-ASIA MAIL H-ASIA WEB HOMEPAGE URL: http://h-net.msu.edu/~asia/