Caught in the undertow

Hage, David
May 1993
U.S. News & World Report;5/17/93, Vol. 114 Issue 19, p61
Discusses the challenge of the string of eight newly industrialized economies (NIEs) that stretch across the Pacific Rim from Korea to Singapore to U.S. exporters, jobs, and wages. Exports and imports of NIEs; American employers scrambling to slash labor costs to compete with the NIEs; Sluggish growth in world economy; More.


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