This book traces the struggle between US and Japanese semiconductor producers from its origins in the 1950s to the novel experiment with managed trade embodied in the US-Japan Semiconductor Trade Arrangement of 1986. Flamm provides an analysis of this experiment and its consequences for discussion of patterns of competition within the semiconductor industry. Using new data, he argues that a fundamentally new trade regime for high-technology industries is need to escape from the present impasse. He lays out the alternatives, from laissez-faire to managed trade, and argues strongly for a new...
This book traces the struggle between US and Japanese semiconductor producers from its origins in the 1950s to the novel experiment with managed trade...
Since the early 1960s exports of manufactures from developing countries have grown rapidly. Widening gaps between the wages of rich and poor countries, coupled with dramatic declines in transportation costs and increased technological capabilities, led to this growth. Production of labor-intensive goods in newly industrializing economies became a significant factor in work markets. Industrial country firms responded to this situation by integrating production processes were transferred abroad to countries with an abundance of cheap labor, while technologically advanced components were...
Since the early 1960s exports of manufactures from developing countries have grown rapidly. Widening gaps between the wages of rich and poor countries...
Since 1971 competition has begun to replace regulation as a governing force in the telecommunications industry. The breakup of the national telephone monopolies, technological advances, and the worldwide network in telecommunications have brought a revolution in the telecommunications equipment and services industries.
Since 1971 competition has begun to replace regulation as a governing force in the telecommunications industry. The breakup of the national telephone ...
