Globalization of Small Economies as a Strategic Behavior in International Business
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A01=Sergio A. Castello
A01=Terutomo Ozawa
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Author_Sergio A. Castello
Author_Terutomo Ozawa
Catalan Economy
Category=JPS
Category=KCLT
corporatist policy analysis
counterparts
differentiated manufacturing sectors
Dynamic Comparative Advantage
Dynamic Learning Effect
economic integration strategies
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
exchange
export-led growth
Gdp Growth
Gdp Growth Rate
Gdp Ratio
GNP Growth Rate
Highest International Trade
International Competitiveness
International Monetary Fund
international trade adaptability in small states
Ivory Coast
larger
Larger Counterparts
Limited Domestic Market
macro-organizational
Macro-organizational Strategies
nations
Net Outward Investment Position
open
Outward FDI
price
Secure Economic Growth
size
small nation economics
Small Open Economies
strategies
structural flexibility
Total GNP
West African Economic Community
World Competitiveness Report
Zealand GDP
Zealand Results
Zealand's Exports
Zealand’s Exports
Product details
- ISBN 9780815333074
- Weight: 470g
- Dimensions: 138 x 216mm
- Publication Date: 01 Jul 1999
- Publisher: Taylor & Francis Inc
- Publication City/Country: US
- Product Form: Hardback
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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.
Castello, Sergio A.; Ozawa, Terutomo
