The process of globalization can be seen in the increase of: trade interdependence, the importance of global multinational corporations, mobility and volatility of capital flows (with dangers demonstrated by the recent Mexican crisis). This globalization creates both dangers and new opportunities, both winners and losers. The parallel growth of regional blocs is equally hazardous, particularly for countries left outside the regional blocs. The book, with contributions by eminent experts, describes the impact of both globalization and regionalization and the relationship between these two dominant trends.
This title was first published in 2003. Among the major challenges transition economies are facing is how to cope with globalization. Foreign direct investment (FDI) has proved the most dynamic (defensive and offensive) response, as an integration and network tool, yet outward FDI has so far been overlooked in research. The vitality of outward FDI as an entry mode to the global economy is discussed in this authoritative volume from various angles, beginning with the context of the development strategy and the transition process. The experiences of the Slovene way of internationalization are compared with those of other transition economies. Readers will learn about the size, geographical distribution, trends and sectoral allocation of such outward FDI (OFDI) as well as the major motives, barriers and problems. The book also responds to questions about the extent to which outward FDI is instrumental in development/transition, EU accession and competitiveness strengthening. Based on extensive empirical research and focused case studies, the volume provides valuable lessons for other EU candidate countries and transition economies, while managerial experiences in entering Central and Eastern European markets offer universal internationalization lessons.
The process of economi c coopera t i on among devel oping countrie s ha s come a l ong way s i nce the ea rl y 1960s . A l ong s i de the movement f rom the e s tab l i s hment of reg i onal and subreg i on a l i n tegration and cooperati on g rou p i ngs to the e l aborati on of concepts and a pproaches for g l obal and i nterreg i onal coopera t i on ( such a s , for exampl e , the scheme for a gl oba l sys tem of trade preferences a mong deve l o p ing countries ) , there has b een a n exten s ion of the scope of coopera t i on , ori g ina l l y focused on trade , to other a rea s , i ncl u d ing moneta ry a n d f i nan c i a l ma tters , produ c t ion , ma rketing , and s o on . Today , the proce s s of economic cooperation among deve l o p ing countri es occu p i e s an i mportan t pl ace i n the economi c s t rategies a n d pol ic ies of devel o p i n g countrie s and , in recent years , wit h the marked deteri o ration in the wo rl d economi c s i tu a t io n and the wea ken i ng of i n ternat i onal cooperati on for deve l opmen t , it has acqu ired even grea ter importa nce and u rgency . I n deed , i n v iew of the pro s pects for the worl d economy for th e comi n g yea rs , i t h a s b ecome an i mpera t i ve i f the devel oping cou n t ries a re going to b e abl e to env i sage the transformation of their economies and the g rowth ra tes th ey need .
The process of economi c coopera t i on among devel oping countrie s ha s come a l ong way s i nce the ea rl y 1960s . A l ong s i de the movement f rom the e s tab l i s hment of reg i onal and subreg i on a l i n tegration and cooperati on g rou p i ngs to the e l aborati on of concepts and a pproaches for g l obal and i nterreg i onal coopera t i on ( such a s , for exampl e , the scheme for a gl oba l sys tem of trade preferences a mong deve l o p ing countries ) , there has b een a n exten s ion of the scope of coopera t i on , ori g ina l l y focused on trade , to other a rea s , i ncl u d ing moneta ry a n d f i nan c i a l ma tters , produ c t ion , ma rketing , and s o on . Today , the proce s s of economic cooperation among deve l o p ing countri es occu p i e s an i mportan t pl ace i n the economi c s t rategies a n d pol ic ies of devel o p i n g countrie s and , in recent years , wit h the marked deteri o ration in the wo rl d economi c s i tu a t io n and the wea ken i ng of i n ternat i onal cooperati on for deve l opmen t , it has acqu ired even grea ter importa nce and u rgency . I n deed , i n v iew of the pro s pects for the worl d economy for th e comi n g yea rs , i t h a s b ecome an i mpera t i ve i f the devel oping cou n t ries a re going to b e abl e to env i sage the transformation of their economies and the g rowth ra tes th ey need .
The process of globalization can be seen in the increase of: trade interdependence, the importance of global multinational corporations, mobility and volatility of capital flows (with dangers demonstrated by the recent Mexican crisis). This globalization creates both dangers and new opportunities, both winners and losers. The parallel growth of regional blocs is equally hazardous, particularly for countries left outside the regional blocs. The book, with contributions by eminent experts, describes the impact of both globalization and regionalization and the relationship between these two dominant trends.
This title was first published in 2003. Among the major challenges transition economies are facing is how to cope with globalization. Foreign direct investment (FDI) has proved the most dynamic (defensive and offensive) response, as an integration and network tool, yet outward FDI has so far been overlooked in research. The vitality of outward FDI as an entry mode to the global economy is discussed in this authoritative volume from various angles, beginning with the context of the development strategy and the transition process. The experiences of the Slovene way of internationalization are compared with those of other transition economies. Readers will learn about the size, geographical distribution, trends and sectoral allocation of such outward FDI (OFDI) as well as the major motives, barriers and problems. The book also responds to questions about the extent to which outward FDI is instrumental in development/transition, EU accession and competitiveness strengthening. Based on extensive empirical research and focused case studies, the volume provides valuable lessons for other EU candidate countries and transition economies, while managerial experiences in entering Central and Eastern European markets offer universal internationalization lessons.
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