The Wealth and Poverty of Nations: Why Some Are So Rich and Some So Poor (W W Norton & Company; 1998)

(Nora) #1

(^562) NOTES
Nuffield's annual months-long voyages to Australia, on a slow boat well equipped for
deck quoits.



  1. Pollard, Development of the British Economy, pp. 242-43.

  2. Cf. Channon, Strategy and Structure, p. 109: "... their strategy did not appear
    promising for the long-run development of the British automobile industry."

  3. Church, "Deconstructing Nuffield," p. 578, n. 127.
    56. Pollard, Development of the British Economy, p. 400.

  4. Church, Rise and Decline, pp. 77,104,115, and passim; and his "Effects of Amer­
    ican Multinationals."

  5. Pollard, Development of the British Economy, p. 401.


CHAPTER 27


  1. Kindleberger, Financial History, p. 407: "I regard the German monetary reform
    of 1948 as one of the great feats of social engineering of all time."

  2. On those last days, see Toland, The Rising Sun.

  3. On these ritualistic encounters, cf. Halberstam, The Reckoning, p. 310.

  4. I take the phrase "global city-state" from Murray and Perera, Singapore.

  5. "A Survey of Multinationals," The Economist, 24 June 1995, p. 4.

  6. M. Richardson, "Malaysia Readies a Crackdown on Illegal Workers," Int. Herald-
    Tribune, 7 October 1996, p. 4.

  7. On Indochina, cf. Murray, Development of Capitalism, p. 619, n. 345. He cites
    René Dubreuil, De la condition des Chinois et de leur rôle économique en Indochine
    (Bar-sur Seine, 1910), p. 71: "When the French administration was installed in Cochin
    China, it discovered that the Chinese... were a priceless help in carrying out its colo-
    nialization. ... In order to get... [the Vietnamese] to change their habits and ill-will,
    to educate them in the field of commerce and to make them take out of their earthen
    jars the piasters needed to sustain our administrative machine, we needed an interme­
    diary living side-by-side with them, speaking their language and marrying women of
    their race. That intermediary was the Chinese. The Chinese is flexible, skillful, with­
    out préjudice, and loves gain."

  8. Pan, Sons of the Tellow Emperor, p. 247; see, on much of this, ch. 13: "Cultural and
    National Identities."

  9. Ohmae, End of the Nation State, 179. On renewed trouble in Indonesia, see: Int.
    Herald Tribune, 11-12 January 1997, p. 1.

  10. These and the preceding figures from Rohwer, Asia Rising, pp. 228-29.

  11. Thus Naisbitt, Megatrends Asia, p. 17: "The Chinese are coming. Asia and much
    of the world today is shifting from Japanese-dominated to Chinese-driven." If Nais­
    bitt is right, the period of Japanese leadership will be one of the shortest in history. But
    what will follow? Where is leadership in a world of global enterprises?

  12. Achavanuntakul, "Effects of Government Policies," p. 9. According to the World
    Bank, inflation ran at 9.2 percent from 1970 to 1980,4.2 percent from 1980 to 1992.

  13. On all this, see Thomas L. Friedman, "Bangkok Bogs Down," N.Y. Times, 20
    March 1996, p. A-19; and Kaplan, Ends of the Earth, pp. 380-82. The problem is ag­
    gravated by extensive and growing use of coal fuel, much of it lignite—the worst kind.
    On motorcades: Int. Herald-Tribune, 9 January 1997, p. 2.

  14. On Model T diversity, see Flink, "Unplanned Obsolescence."

  15. Cusumano, Japanese Automobile Industry, p. 7.

  16. I take this from Cusumano, pp. 18-19. He notes that whatever reservations may
    have been felt in some quarters, the Bank of Japan, the Japan Development Bank, and
    the Industrial Bank of Japan lent large sums to keep Nissan, Toyota, and Isuzu out of
    bankruptcy in the late 1940s. Had MITI not won the argument, he writes, "postwar
    Japanese (and world) history would have been considerably different" (p. 19).

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