Globalizing Customer Solutions: The Enlightened Confluence of Technology, Innovation, Trade, and Investment

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Overview

In the last half of the 20th Century, the world economy has benefited from a globalization process driven by the enlightened confluence of technology, innovation, trade, and foreign direct investment. This book broadens our understanding of that process. Opening with a review of current global economic metrics and the significant differences between advanced and developing nations, the book goes on to discuss the globalization paradigm and the forces driving it. Discussing the importance of new ideas and new technology in continued economic growth, the volume shows how the protection of intellectual property encourages innovation. Also covering the evolution of international trade, the book reviews trade distortions from both external and internal sources, comparing trade on a multilateral, non-discriminatory basis with alternative trade practices, such as free trade and custom unions. The work also reviews the origins and functions of the new World Trade Organization.

Describing the rapidly growing practice of foreign direct investment, the book shows how FDI is closely linked to international trade and concludes with a review of the important function FDI can play in the bundling and delivery of the resources required for accelerated economic development of the emerging world.

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Product Details

  • ISBN-13: 9780275970734
  • Publisher: ABC-CLIO, Incorporated
  • Publication date: 8/30/2000
  • Edition description: New Edition
  • Pages: 176
  • Product dimensions: 6.00 (w) x 9.00 (h) x 0.41 (d)

Meet the Author

EDMUND B. FITZGERALD is Managing Director of Woodmont Associates in Nashville, TN, and an Adjunct Professor at Vanderbilt University.

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Table of Contents

Preface
Abbreviations
Ch. 1 Introduction and the Global Economic Metrics 1
Ch. 2 Globalization: The New Paradigm 11
Ch. 3 Technology and Innovation 23
Ch. 4 International Trade 37
Ch. 5 Trade Distortions 51
Ch. 6 Multilateral versus Alternative Trade Practices 69
Ch. 7 The World Trade Organization 79
Ch. 8 Foreign Direct Investment 93
Ch. 9 FDI: Who Needs It? - Almost Everyone 105
Ch. 10 FDI and Developing Nations: Risks and Jurisdictions 117
Ch. 11 FDI and Developing Nations: Technology and Finance 127
Ch. 12 FDI and Developing Nations: Linkages and Patterns of Operation 139
Ch. 13 Reflections 153
Index 157
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