Malysia "son of the soil" program {bumiputra} gave preferences to Malays.
Hedge funds can borrow cheaply in Japan and other low-interest countries and lend in high-interest countries {carry trade}.
Korean conglomerate {chaebol}.
Richer countries can send money and expertise {foreign aid}| to poorer countries. Aid can require loans or purchases. Foreign aid must be long-term to make exports increase. Foreign aid has little effect if receiving country has political trouble or management and work skills are low. Savings rates must be high, and capital yields must be great. Aid can help giver countries whose economy has contracted.
Major Japan banks have allied companies {keiretsu}, which own each other's stock. Banks supply money for investment and affect stock price or short-term profits. Ministry of Finance and Ministry of International Trade and Industry direct economy.
Mexico allows factories {maquiladora}, which make exports, near north border, to have financing from abroad to employ Mexican workers.
During Soviet-Union period, many countries {Third World} were non-aligned. After that, Third World refers to countries with poor, undeveloped economies that are agricultural and labor intensive.
Japanese gang {yakuza}.
Outline of Knowledge Database Home Page
Description of Outline of Knowledge Database
Date Modified: 2022.0225