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Gary Gereffi first explains how foreign corporations took over the flourishing Mexican steroid industry in the 1950s and 1960s and thwarted the country's later attempts to establish a more equitable distribution of industry benefits. In this valuable theoretical contribution Professor Gereffi uses the Mexican industry's plight as a crucial-case test for dependency theory.Originally published in 1983.The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Steroid hormone industry --- International business enterprises --- Pharmaceutical industry --- Dependency --- Center-periphery relations --- Core-periphery relations --- Dependent nations --- Colonies --- Imperialism --- Drug industry --- Drug trade --- Medicine industry --- Medicines industry --- Prescription medicine industry --- Chemical industry --- Business enterprises, International --- Corporations, International --- Global corporations --- International corporations --- MNEs (International business enterprises) --- Multinational corporations --- Multinational enterprises --- Transnational corporations --- Business enterprises --- Corporations --- Joint ventures --- Mexico --- Anáhuac --- Estados Unidos Mexicanos --- Maxico --- Méjico --- Mekishiko --- Meḳsiḳe --- Meksiko --- Meksyk --- Messico --- Mexique (Country) --- República Mexicana --- Stany Zjednoczone Meksyku --- United Mexican States --- United States of Mexico --- מקסיקו --- メキシコ --- Dependency on foreign countries. --- E-books --- Political systems. --- Drug industry. --- Dependency. --- International business enterprises. --- Developing countries. --- Emerging nations --- Fourth World --- Global South --- LDC's --- Least developed countries --- Less developed countries --- Newly industrialized countries --- Newly industrializing countries --- NICs (Newly industrialized countries) --- Third World --- Underdeveloped areas --- Underdeveloped countries
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Risk is inherent to the pursuit of opportunity. This paper surveys the recent literature and looks at the risks and opportunities firms and their workers face in the global value chains. First, it examines the risk-sharing mechanisms that firms provide from the national and global perspectives; second, it takes a closer look at the new opportunities and challenges for firms and individuals in the global arena; third, it discusses the role of economic upgrading and social upgrading; and finally it sheds light on how the government can help people manage risks and reap the benefits in the participation of global value chains.
Access to Finance --- Debt Markets --- Economic Theory & Research --- Economic Upgrading --- Finance and Financial Sector Development --- Global Value Chains --- Labor Policies --- Macroeconomics and Economic Growth --- Markets & Market Access --- Opportunity --- Risk --- Social Protections and Labor --- Social Upgrading
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This paper examines the impact of two crises on the global apparel value chain: the World Trade Organization phase-out of the quota system for textiles and apparel in 2005, which provided access for many poor and small export-oriented economies to the markets of industrialized countries, and the current economic recession that has lowered demand for apparel exports and led to massive unemployment across the industry's supply chain. An overarching trend has been the process of global consolidation, whereby leading apparel suppliers (countries and firms alike) have strengthened their positions in the industry. On the country side, China has been the big winner, although Bangladesh, India, and Vietnam have also continued to expand their roles in the industry. On the firm side, the quota phase-out and economic recession have accelerated the ongoing shift to more streamlined global supply chains, in which lead firms desire to work with fewer, larger, and more capable suppliers that are strategically located around the world. The paper concludes with recommendations for how developing countries as well as textile and apparel suppliers can adjust to the crisis.
Access to Markets --- Brand --- Domestic market --- Domestic markets --- Economic Theory & Research --- Emerging markets --- Export markets --- Finished product --- Free Trade --- International Economics and Trade --- International trade --- Labor Policies --- Macroeconomics and Economic Growth --- Market share --- Marketing --- Markets and Market Access --- Purchasing --- Retail --- Sale --- Sales --- Social Protections and Labor --- Spread --- Substitution --- Substitution effect --- Supplier --- Suppliers --- Supply chain --- Supply chains
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This paper analyzes the recent evolution and impact of the global economic crisis on the offshore services industry. Using a global value chains framework, the authors classify the offshore services sector in a comprehensive set of general and industry-specific activities that correspond to different segments and stages in the value-adding process for services. Through an analysis of the impact of the economic crisis on the industry, a small decline in demand was found; however this did not cause any structural changes in the market. The crisis has created two opposing effects: general contraction of demand by existing customers due to the recession; and, at the same time, a substitution effect by which new services are being moved from developed countries to emerging economies in search of cost reduction. The paper concludes that the offshore services industry will continue to offer growth opportunities for developing countries not only among existing market players, but also a range of new countries. The industry has the potential to become an important source for employment and economic growth around the globe.
Business associations --- Business intelligence --- Business models --- Business Process Outsourcing --- Business processes --- Business services --- Communication Technology --- Communities and Human Settlements --- Competitive environment --- Computer Science --- Consulting Services --- Content development --- Data Systems --- Decision makers --- Decision-making --- E-Business --- EGovernment --- Engineering services --- Housing & Human Habitats --- ICT Policy and Strategies --- Industry association --- Information and Communication Technologies --- Knowledge economy --- Private Sector Development --- Public Sector Corruption & Anticorruption Measures --- Public Sector Development --- Third-party providers --- Trade statistics --- Water and Industry --- Water Resources
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The world is in the midst of a sporadic and painful recovery from the most severe economic crisis since the 1930's' Great Depression. The unprecedented scale of the crisis and the speed of its transmission have revealed the interdependence of the global economy and the increasing reliance by businesses on global value chains (GVCs). These chains represent the process of ever-finer specialization and geographic fragmentation of production, with the more labor-intensive portions transferred to developing countries. As the recovery unfolds, it is time to take stock of the after effects and to draw
Global Financial Crisis, 2008-2009. --- International economic relations. --- International trade. --- International trade --- International economic relations --- Global Financial Crisis, 2008-2009 --- International Commerce --- Commerce --- Business & Economics --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic policy --- Foreign economic relations --- Interdependence of nations --- International economic policy --- International economics --- New international economic order --- External trade --- Foreign commerce --- Foreign trade --- Global commerce --- Global trade --- Trade, International --- World trade --- Global Economic Crisis, 2008-2009 --- Subprime Mortgage Crisis, 2008-2009 --- Economic policy --- International relations --- Economic sanctions --- Non-traded goods --- Financial crises
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Few observers of Mexico and Brazil in the 1930s, or South Korea and Taiwan in the mid-1950s, would have predicted that these nations would become economic "miracles" several decades later. These newly industrializing countries (NICs) challenge much of our conventional wisdom about economic development and raise important questions about international competitiveness and export success in manufacturing industries. In this volume economists, sociologists, and political scientists seek to explain the growth of the NICs in Latin America and East Asia and to reformulate contemporary development theory through an in-depth analysis of these two dynamic regions. Gary Gereffi and Colin I. Bradford, Jr., provide an overview of national development trajectories in Latin America and East Asia, while Barbara Stallings, Gereffi, Robert R. Kaufman, Tun-jen Cheng, and Frederic C. Deyo discuss the role of foreign capital, governments, and domestic coalitions in shaping development outcomes. Gustav Ranis, Robert Wade, Chi Schive, and Ren Villarreal look at the impact of economic policies on industrial performance, and Fernando Fajnzylber, Ronald Dore, and Christopher Ellison with Gereffi examine new agendas for comparative development research.Originally published in 1990.The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Industrial policy --- Industries --- Management --- Business & Economics --- Industrial Management --- Industrial economics --- Far East --- Latin America --- S26/0700 --- Taiwan--Economy and commerce --- East Asia --- Economic policy. --- E-books --- Industry and state --- Economic policy --- Industry and state - Latin America. --- Latin America - Industries. --- Latin America - Economic policy. --- Industry and state - East Asia. --- East Asia - Industries. --- East Asia - Economic policy.
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