Globalization of Small Economies as a Strategic Behavior in International Business

ISBN-13: 9780815333074 / Angielski / Twarda / 1999 / 170 str.

Sergio A. Castello; Terutomo Ozawa

Opis

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 differentiatedmanufactures, 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.

Spis treści

Part 1 Globalization of Small Economies as a Strategic Behavior in International Business; Chapter 1 Introduction; Chapter 2 Literature Review of Smallness; Chapter 3 Globalization and Structural Adaptability; Chapter 4 Classification, Degree of Globalization, and Empirical Evidence; Chapter 5 Region and Country Case Studies; Chapter 6 Concluding Remarks;

O autorze

Castello, Sergio A.; Ozawa, Terutomo