South Korea and Taiwan are prominent examples of 'Asian Miracle' economies. This study shows their success has been based not only on exports, but on major overseas direct investment.

Chapter 1 Introduction; Chapter 2 Multinational enterprises and late industrialisation; Chapter 3 High-speed economic development of South Korea and Taiwan; Chapter 4 Governments and the organisation of economic activities; Chapter 5 Korea and Taiwan as outward investors; Chapter 6 Firm-level determinants of outward FDI from the electronics industry; Chapter 7 Four case studies of Korean and Taiwanese multinationals; Chapter 8 Summary and conclusions;

Roger van Hoesel is at present a Consultant at Buck Consultants International, Nijmegen, The Netherlands. The research for this book was done while he worked at Erasmus University Rotterdam. He has been published widely in journals and books focusing on economic developments in Korea and Taiwan, and is co-editor of Multinational Enterprises from the Netherlands (1999), also published by Routledge.