Handbook on Small Nations in the Global Economy
Handbook on Small Nations in the Global Economy

Author: D. van den Bulcke

Publisher: Edward Elgar Publishing

Published: 2009

Total Pages: 289

ISBN-13: 1849802394

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These studies of the international competitiveness of small open economies demonstrate the critical importance of foreign direct investment as an engine of economic development: multinational enterprises are the key drivers of international competitiveness. Alan M. Rugman, University of Reading, UK Globalization has made every country small . The global economic crisis has made sure that every country has increasingly realised that it is open and vulnerable as well. This volume is both timely and relevant. Small country studies should become mainstream for scholars in business, economics and politics! Rob van Tulder, RSM Erasmus University, the Netherlands This book provides a fresh and clear-eyed view of the relationship between multinationals and location advantages of countries. It is one of the first attempts to build a constructive bridge between the theory of international business and the outstanding contribution of Michael Porter about the drivers of competitiveness. The authors address crucial issues demanding the attention of teachers, researchers, practitioners and political leaders. Philippe Gugler, University of Fribourg, Switzerland This unique, extensive Handbook illustrates that multinational enterprises can contribute substantially to the competitive advantage of small countries. It advances the notion that small nations increasingly need to rely on both home-grown and foreign multinational enterprises to achieve domestic economic success in industries characterized by international competition. The expert contributors explore the roles of firms in a range of small, successful open economies driven by such multinational enterprises across the globe. They juxtapose country data sets against Professor Michael Porter s paradigm of single diamond components and show that these single diamond components reflect merely a set of initial conditions, which can be improved upon through both inward and outward direct investment. Concluding that multinational enterprises create resource linkages between the home and host environments in which they operate, this Handbook proves to be a fascinating read for academics, students and researchers with an interest in business and management, economics and international economics.

Global Shipping in Small Nations
Global Shipping in Small Nations

Author: S. Tenold

Publisher: Springer

Published: 2011-12-12

Total Pages: 252

ISBN-13: 0230363520

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This anthology aims to explain why some Nordic shipping companies became world leaders while others failed to respond effectively to the challenges and opportunities of globalization. The authors analyse political and institutional patterns alongside the various corporate responses to the many upheavals of global shipping.

Globalization of Small Economies as a Strategic Behavior in International Business
Globalization of Small Economies as a Strategic Behavior in International Business

Author: Sergio A. Castello

Publisher: Routledge

Published: 2014-05-01

Total Pages: 170

ISBN-13: 1136782478

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This book postulates the proposition that small economies exhibit a higher degree of outward orientation and structural adaptability, compared to their larger counterparts within the context of the European Union and two case studies (i.e. Catalonia and New Zealand). The number of nations has doubled in the last half of the century to around 200 independent economic units. Moreover, the break-up of the former Soviet bloc into a large number of small independent nations in Central and Eastern Europe, and the continued threat of separatist groups (i.e. Canada, Spain, and Sri Lanka) have sparked economists' interest to focus on the size of nations once again. This book offers a more comprehensive measurement of smallness than the conventional one for the analysis of the globalization strategies and flexibility of countries to overcome smallness. Small independent economic units, when economically successful, tend to be more export focused in manufacturing, likely to specialize in differentiated manufactures, more actively involved with direct overseas businesses, more sensitive in strategically managing exchange rates, likely to be in a better position to achieve price stability, more actively involved in international trade through varying degrees of economic integration, likely to have a higher degree of flexibility, more actively involved to forge a complementary government-firm relationship, and likely to have a higher degree of corporatism.

The Network Nation
The Network Nation

Author: Starr Roxanne Hiltz

Publisher: MIT Press

Published: 1993

Total Pages: 594

ISBN-13: 9780262581202

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The defining document and standard reference for the field of computer mediated communication (CMC)

Competitiveness in the Real Economy
Competitiveness in the Real Economy

Author: Rui Vinhas da Silva

Publisher: Routledge

Published: 2016-05-23

Total Pages: 409

ISBN-13: 1317162854

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Value aggregation to goods and services is unbelievably important to the balance of trade of modern nations, yet it receives minute attention by economists and policy-makers alike. In Competitiveness in the Real Economy, Rui Vinhas da Silva shows that the nature and dynamics of contemporary global competition requires a sharper focus on value aggregation. He provides a rounded, integrative and multi-disciplinary perspective linking national competitiveness, economics and management. The emphasis is on a transversal philosophy of value aggregation as a key driver of national competitiveness across sectors in the real economy and from production to the consumption of goods and services. The links between exports, inflows of foreign direct investment (FDI) and country competitiveness are examined along with the role of exports and the attraction of FDI inflows in building national GDP. The author emphasises that culture, the notion of being cosmopolitan and understanding aspirational and discriminatory consumers with high disposable income are key drivers of success in the global economy. Acknowledging that the complexity of problems comes from diversity of global actors, the author highlights the limitations of current economics in responding to contemporary challenges. His concern about the management sciences and management learning is that solutions do not lie in the formulation and prescription of universal laws, but are contextually-laden and derive from an informed intuition that is partly taught and partly experiential. The book addresses the implications of all this for how the management skills needed for competitive advantage might best be developed.

The Princeton Encyclopedia of the World Economy. (Two volume set)
The Princeton Encyclopedia of the World Economy. (Two volume set)

Author: Kenneth A. Reinert

Publisher: Princeton University Press

Published: 2010-08-02

Total Pages: 1329

ISBN-13: 1400830400

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An essential reference to all facets of the world economy Increasing economic globalization has made understanding the world economy more important than ever. From trade agreements to offshore outsourcing to foreign aid, this two-volume encyclopedia explains the key elements of the world economy and provides a first step to further research for students and scholars in public policy, international studies, business, and the broader social sciences, as well as for economic policy professionals. Written by an international team of contributors, this comprehensive reference includes more than 300 up-to-date entries covering a wide range of topics in international trade, finance, production, and economic development. These topics include concepts and principles, models and theory, institutions and agreements, policies and instruments, analysis and tools, and sectors and special issues. Each entry includes cross-references and a list of sources for further reading and research. Complete with an index and a table of contents that groups entries by topic, The Princeton Encyclopedia of the World Economy is an essential resource for anyone who needs to better understand the global economy. More than 300 alphabetically arranged articles on topics in international trade, finance, production, and economic development International team of contributors Annotated list of further reading with each article Topical list of entries Full index and cross-references Entry categories and sample topics: Concepts and principles: globalization, anti-globalization, fair trade, foreign direct investment, international migration, economic development, multinational enterprises Models and theory: Heckscher-Ohlin model, internalization theory, New Trade Theory, North-South trade, Triffin dilemma Institutions and agreements: European Union, International Monetary Fund, World Trade Organization, World Bank, Doha Round, international investment agreements Policies and instruments: dollar standard, international aid, sanctions, tariffs Analysis and tools: exchange rate forecasting, effective protection, monetary policy rules Sectors and special issues: child labor, corporate governance, the digital divide, health and globalization, illegal drugs trade, petroleum, steel