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Books > Business & Economics > Economics > International economics > International trade
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Globalization of Small Economies as a Strategic Behavior in International Business (Hardcover)
Loot Price: R5,195
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Globalization of Small Economies as a Strategic Behavior in International Business (Hardcover)
Series: Transnational Business and Corporate Culture
Expected to ship within 10 - 15 working days
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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.
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