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Globalization and the Small Open Economy (Hardcover, illustrated edition)
Loot Price: R3,151
Discovery Miles 31 510
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Globalization and the Small Open Economy (Hardcover, illustrated edition)
Series: New Horizons in International Business series
Expected to ship within 12 - 17 working days
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Globalization and the Small Open Economy investigates the specific
role of small open countries in a globalizing economic system and
assesses the unique pressures and opportunities afforded them by
globalization. Traditionally, in contrast to large countries, small
open economies (SOEs) have relied on international economic policy
rather than domestic policy as a means to foster national economic
development. Their firms also have a far greater reliance on host
countries to gain competitive advantage than those of larger
nations. This would suggest that globalization has potentially a
far greater impact on SOEs than on large countries. The
contributors to this volume concur with this view and seek to
outline the challenges and opportunities faced by policymakers and
managers of multinational enterprises from SOEs. They examine the
role of government, environmental policy, inward and outward
foreign direct investment and multinational management and conclude
that, on balance, globalization provides more of an opportunity
than a threat to economic growth in these countries. An innovative
collection with fascinating new insights on the present and future
role of small, open countries in the global economy, this will be
an important new reference source for academics and students,
public policy research institutes, international business scholars
and trade economists.
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