Competing in a Global Economy

An Empirical Study on Trade and Specialization

Business & Finance, Economics
Cover of the book Competing in a Global Economy by Robert Ballance, Helmut Forstner, Taylor and Francis
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Author: Robert Ballance, Helmut Forstner ISBN: 9781134998166
Publisher: Taylor and Francis Publication: August 29, 2003
Imprint: Routledge Language: English
Author: Robert Ballance, Helmut Forstner
ISBN: 9781134998166
Publisher: Taylor and Francis
Publication: August 29, 2003
Imprint: Routledge
Language: English

Global patterns of production and trade in manufactures have changed tremendously over the past two decades. The growth of world trade has been accompanied by a rapid increase in the number of products, suppliers and buyers involved in international markets. At the same time, the means by which manufacturers compete and collaborate have been changing. The great challenges that these developments pose for policy makers and practitioners provide the basic motive for this comprehensive assessment of the underlying forces and determinants that are reshaping the world's industrial map.

Based upon an empirical approach, the analysis is closely interwoven with key elements of economic theory. the Heckscher-Ohlin model provides the framework for most of the book's interpretation, but less formal models focusing on economies of scale, product differentiation and other aspects of imperfect competition also figure prominently. The extensive research with access to UNIDO's vast body of unpublished information and contributions from specialists, has resulted in a blend of theoretical and empirical material which yields new insights into the way firms and industries compete in international markets.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Global patterns of production and trade in manufactures have changed tremendously over the past two decades. The growth of world trade has been accompanied by a rapid increase in the number of products, suppliers and buyers involved in international markets. At the same time, the means by which manufacturers compete and collaborate have been changing. The great challenges that these developments pose for policy makers and practitioners provide the basic motive for this comprehensive assessment of the underlying forces and determinants that are reshaping the world's industrial map.

Based upon an empirical approach, the analysis is closely interwoven with key elements of economic theory. the Heckscher-Ohlin model provides the framework for most of the book's interpretation, but less formal models focusing on economies of scale, product differentiation and other aspects of imperfect competition also figure prominently. The extensive research with access to UNIDO's vast body of unpublished information and contributions from specialists, has resulted in a blend of theoretical and empirical material which yields new insights into the way firms and industries compete in international markets.

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