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This reissue, first published in 1984, presents a study of the key
phenomenon of global banking, carried out from special financial
centres in underdeveloped countries, which contributed heavily to
the contemporary debt crisis. This book gathers together previously
disparate and unpublished data to give a detailed picture of the
scope and the effects of transnational banking in the new
international financial centres which have largely been set up
since 1970.
This reissue, first published in 1984, presents a study of the key
phenomenon of global banking, carried out from special financial
centres in underdeveloped countries, which contributed heavily to
the contemporary debt crisis. This book gathers together previously
disparate and unpublished data to give a detailed picture of the
scope and the effects of transnational banking in the new
international financial centres which have largely been set up
since 1970.
This book examines the extent of, and motives for, the diffusion of
flexible automation (FA) at global level and then turns to the
local and firm level, bringing together in-depth studies of
sixty-two firms in Brazil, India, Mexico, Thailand, Turkey and
Venezuela. Research focuses on the impact of
computer-numerically-controlled machine tools on scale and scope by
exploring changes in lot sizes and product variety (product scale
and scope), total plant output (plant scale) and total firm output
(firm scale). Barriers to setting up FA-based operations are
discussed, as are factors which may affect a decision to locate in
a developing country. The contributed studies reveal a relatively
slow diffusion of FA in developing countries and it is demonstrated
that while FA possibly increases scope, it also requires that plant
output be increased in order to maintain efficiency. Alcorta
concludes that the location in developing countries will probably
only be viable for large domestic firms, multinationals seeking to
relocate simple but labour intensive assembly processes and firms
in countries with significant domestic markets. This work is unique
in addressing the scale and scope issues in developing countries
and in the wealth of information regarding machine tools which it
provides. The data provided in the appendix includes official
United Nations data, previously unpublished. This will be of use
for all research into trends in the use of machine tools.
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