Like Advanced Economies and Emerging Markets, the 'flagship' book
of the series, from which this book is derived, Comparing Emerging
and Advanced Markets recognizes that there is intense competition
among emerging markets to capture their share of the global
economy. The series addresses questions that are germane to
accomplishing this goal. Most important to this end is the study
and practice of international business and foreign trade.
Undertaking such a study raises many questions which the series
will attempt to answer: Why are emerging markets and the firms
doing business in them internationalizing so aggressively; and why
in the past decade has the pace of internationalization accelerated
so rapidly? What competitive advantages do these emerging economies
enjoy in comparison to advanced economies, such as the G20, and
what are the origins of those advantages? This volume is devoted to
a comparison of advanced economies and emerging ones, the
advantages and disadvantages of each, and what globalization means
in each type of environment.
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