1. Retaining Traditional Industry in a Globalized World
Parts requiring high skilled labour are based in countries such as the US and Japan, since they both have large pools of skilled labour. ... If the firm wishes to portray high quality it may base its production in Japan or Germany. ... (Mahoney, Trigg, Griffin & Putsay, 1998 pp.656-657) The third category of issues is issues that deal with government-policies. ... Toyota and other Japanese automobile manufacturers have dealt with this in the past, having to locate facilities in the United States in order to overcome the voluntary export restraints imposed by the Japanese Government. ...
In a research conducted by Adelman (2005) to determine the impact of globalization in 42 nations, it was uncovered that the per capita GDP of developed nations such as Japan, Denmark, and Finland increased by €1,000 yearly as a result of globalization. ... While developing countries benefit from taxes paid and products produced by the multinationals, the governments in developing nationals should formulate and implement stricter policies to guard and guide the operations of the multinational corporations. ...
Hence, these are necessary to have high incomes.Nevertheless, 75 percent of the total stock and 60 percent of the flow of FDI (foreign direct investment) stayed in the most powerful regions e.g. in North America, European Economic Area and Japans. ... He also shows the independent way stating that developing countries must be making national policies by national govenrments to prevent global institutions" and other national governments" benefit. ...
Empirical data and statistics provide substantial evidence that exposure to global economy has significantly boosted the economic growth in many developing countries especially in Asian countries like China, India , Japan and Singapore. ... Global integration plays a critical role behind this huge success along with the human talent, knowledge creation, technology, government policies. ...
Article Reviews As editor of the book, "Exploring Post-Development," Aram Ziai provides an introductory look at the discussions of post-development theory, taking a cursory look at the various arguments for, or against, post-development. Ziai expertly delivers an overview of the post-development mov...