1. Introduction
There is the rapid economic growth of East Asian countries and many scholars attribute these performances to the state's active intervention in the process of economic development. These East Asian countries were called "the developmental state"(henceforth DS). Japan and four East Asian dragons - Korea, Taiwan, Singapore, and Hong Kong - have achieved economic grow
Economic, Society. After this events of history, Economists of the world has been forecasting that the H.K market will grow up continuously, the main reason that Between H.K and China have great possibility that the capital of H.K in combination with enormous labor of China.
As one of the Asian country, H.K is nation with grew rapidly about economy and they has already been the center of fina
ECONOMIC DEVELOPMENTS
ⅰ) Economic performance
4. Growth has been fuelled by the services and manufacturing sector. but growth in the agriculture sector remains sluggish.
5. Growing domestic demand together with increasing commodity and oil prices have resulted in inflation and widening trade deficits. While international petroleum prices have risen, domestic prices have not following suit du
economics measured by operating expense ratio and high capital efficiency by net working capital ratio.
Among three other competitors, the most interesting international competitor to compare the financial performance was H&M. ROIC for H&M and Inditex are similar, 24.16% and 27.27% accordingly. Differential of both ROS and capital turnover for two companies are minimal: for ROS, 9.60% and 10.46
economy-high dependence on Foreign Capital.
Poor infrastructure-Electricity, Road, Communication.
High regional disparity.
Inefficiency on Administration and corruptions.
2. Strength
Abundant Natural resources
Abundant Labor
▫ Autocracy for 53 years
- colony for 340 years
- Autocracy by president Sukarno and Suharto since
independence on 1945
▫ Democ