Revisiting Globalization and the Rise of Global Production Networks

Revisiting Globalization and the Rise of Global Production Networks
Author: S. Javed Maswood
Publisher: Springer
Total Pages: 233
Release: 2017-07-24
Genre: Political Science
ISBN: 3319602942

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This book takes issue with the likening of contemporary globalization to nineteenth century trade interdependence, in which the defining feature of contemporary globalization is the spread of global production networks, which were notably absent in the past. Maswood demonstrates that the emergence of global production networks (GPNs) was not a result of economic and trade liberalization, but instead due to neo-protectionist developments in the 1980s that acted as a catalyst to transform Japan’s nationally based production networks into the now ubiquitous GPNs. Through this case study of Japan, the author lays out a case for reconsidering the origins of globalization, and explores some of the consequences that are likely to flow from progressive evolutionary transition towards a global economy.

Global Production Networks

Global Production Networks
Author: Neil M. Coe
Publisher: Oxford University Press, USA
Total Pages: 286
Release: 2015
Genre: Business & Economics
ISBN: 0198703910

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Globalization and supply chains have re-shaped the organization of the global economy in to global production networks. The authors provide a clear framework for understanding these developments.

Strategic Coupling

Strategic Coupling
Author: Henry Wai-chung Yeung
Publisher: Cornell University Press
Total Pages: 312
Release: 2016-05-24
Genre: Political Science
ISBN: 1501704265

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In Strategic Coupling, Henry Wai-chung Yeung examines economic development and state-firm relations in East Asia, focusing in particular on South Korea, Taiwan, and Singapore. As a result of the massive changes of the last twenty-five years, new explanations must be found for the economic success and industrial transformation in the region. State-assisted startups and incubator firms in East Asia have become major players in the manufacture of products with a global reach: Taiwan’s Hon Hai Precision has assembled more than 500 million iPhones, for instance, and South Korea’s Samsung provides the iPhone’s semiconductor chips and retina displays. Drawing on extensive interviews with top executives and senior government officials, Yeung argues that since the late 1980s, many East Asian firms have outgrown their home states, and are no longer dependent on state support; as a result the developmental state has lost much of its capacity to steer and direct industrialization. We cannot read the performance of national firms as a direct outcome of state action. Yeung calls for a thorough renovation of the still-dominant view that states are the primary engine of industrial transformation. He stresses action by national firms and traces various global production networks to incorporate both firm-specific activities and the international political economy. He identifies two sets of dynamics in these national-global articulations known as strategic coupling: coevolution in the confluence of state, firm, and global production networks, and the various strategies pursued by East Asian firms to attain competitive positions in the global marketplace.

Asia and Global Production Networks

Asia and Global Production Networks
Author: Benno Ferrarini
Publisher: Edward Elgar Publishing
Total Pages: 393
Release: 2014-10-31
Genre: Business & Economics
ISBN: 178347209X

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This timely book deploys new tools and measures to understand how global production networks change the nature of global economic interdependence, and how that in turn changes our understanding of which policies are appropriate in this new environment.

Foreign Business in China and Opportunities for Technological Innovation and Sustainable Economics

Foreign Business in China and Opportunities for Technological Innovation and Sustainable Economics
Author: Visvizi, Anna
Publisher: IGI Global
Total Pages: 284
Release: 2019-05-03
Genre: Business & Economics
ISBN: 1522589821

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Productivity remains the critical determinant of long-term national growth and prosperity. The effects of today’s globalism on productivity demands the need for business organizations to sustain their competitive advantage and remain profitable over time. Foreign Business in China and Opportunities for Technological Innovation and Sustainable Economics is a collection of research used to demonstrate state-of-the art approaches of international business and innovation management that shows how new, advanced, international business models and adoptive strategies can expand the sustainability frontiers. This publication serves as a leading reference source on Chinese business, technology, economy, and innovation, and facilitates necessary skills needed to engage with business in or with China. While highlighting topics including e-commerce, foreign trade, and global business, individuals such as students, educators, international business experts, and innovation experts can expand their technical knowledge in the global economy.

The Globalization Paradox

The Globalization Paradox
Author: Dani Rodrik
Publisher: OUP Oxford
Total Pages: 442
Release: 2012-05-17
Genre: Political Science
ISBN: 0191634255

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For a century, economists have driven forward the cause of globalization in financial institutions, labour markets, and trade. Yet there have been consistent warning signs that a global economy and free trade might not always be advantageous. Where are the pressure points? What could be done about them? Dani Rodrik examines the back-story from its seventeenth-century origins through the milestones of the gold standard, the Bretton Woods Agreement, and the Washington Consensus, to the present day. Although economic globalization has enabled unprecedented levels of prosperity in advanced countries and has been a boon to hundreds of millions of poor workers in China and elsewhere in Asia, it is a concept that rests on shaky pillars, he contends. Its long-term sustainability is not a given. The heart of Rodrik’s argument is a fundamental 'trilemma': that we cannot simultaneously pursue democracy, national self-determination, and economic globalization. Give too much power to governments, and you have protectionism. Give markets too much freedom, and you have an unstable world economy with little social and political support from those it is supposed to help. Rodrik argues for smart globalization, not maximum globalization.

Globalization and Its Discontents

Globalization and Its Discontents
Author: Joseph E. Stiglitz
Publisher: W. W. Norton & Company
Total Pages: 305
Release: 2003-04-17
Genre: Business & Economics
ISBN: 0393071073

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This powerful, unsettling book gives us a rare glimpse behind the closed doors of global financial institutions by the winner of the 2001 Nobel Prize in Economics. When it was first published, this national bestseller quickly became a touchstone in the globalization debate. Renowned economist and Nobel Prize winner Joseph E. Stiglitz had a ringside seat for most of the major economic events of the last decade, including stints as chairman of the Council of Economic Advisers and chief economist at the World Bank. Particularly concerned with the plight of the developing nations, he became increasingly disillusioned as he saw the International Monetary Fund and other major institutions put the interests of Wall Street and the financial community ahead of the poorer nations. Those seeking to understand why globalization has engendered the hostility of protesters in Seattle and Genoa will find the reasons here. While this book includes no simple formula on how to make globalization work, Stiglitz provides a reform agenda that will provoke debate for years to come. Rarely do we get such an insider's analysis of the major institutions of globalization as in this penetrating book. With a new foreword for this paperback edition.

Global Economic Prospects 2007

Global Economic Prospects 2007
Author: World Bank
Publisher: World Bank Publications
Total Pages: 216
Release: 2006
Genre: Business
ISBN: 0821367285

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Over the next 25 years developing countries will move to center stage in the global economy. Global Economic Prospects 2007 analyzes the opportunities - and stresses - this will create. While rich and poor countries alike stand to benefit, the integration process will make more acute stresses already apparent today - in income inequality, in labor markets, and in the environment. Over the next 25 years, rapid technological progress, burgeoning trade in goods and services, and integration of financial markets create the opportunity for faster long-term growth. However, some regions, notably Africa, are at risk of being left behind. The coming globalization will also see intensified stresses on the "global commons." Addressing global warming, preserving marine fisheries, and containing infectious diseases will require effective multilateral collaboration to ensure that economic growth and poverty reduction proceed without causing irreparable harm to future generations."

Management in South Korea Revisited

Management in South Korea Revisited
Author: Chris Rowley
Publisher: Routledge
Total Pages: 257
Release: 2016-03-17
Genre: Business & Economics
ISBN: 1317689402

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This edited collection examines the changing contours of Korean management and business, presenting recent scholarly research into this important Asian economic player. As one of the original ‘Little Dragon’ or ‘Tiger’ economies, South Korea has grown and prospered since the early years of the 1960s, and is now home to several major word-class multinational companies, such as Hyundai and LG, Samsung. In turn, it has developed a distinctive style of management, which derives from a shared Asian heritage but is nonetheless unique to South Korea. The collection covers a variety of themes, topics and issues from a range of perspectives and fields in management and business studies. This book was originally published as a special issue of Asia Pacific Business Review.

Globalization's Contradictions

Globalization's Contradictions
Author: Dennis Conway
Publisher: Routledge
Total Pages: 325
Release: 2006-11-22
Genre: Political Science
ISBN: 113598624X

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Since the 1980s, globalization and neoliberalism have brought about a comprehensive restructuring of everyone’s lives. People are being ‘disciplined’ by neoliberal economic agendas, ‘transformed’ by communication and information technology changes, global commodity chains and networks, and in the Global South in particular, destroyed livelihoods, debilitating impoverishment, disease pandemics, among other disastrous disruptions, are also globalization’s legacy. This collection of geographical treatments of such a complex set of processes unearths the contradictions in the impacts of globalization on peoples’ lives. Globalizations Contradictions firstly introduces globalization in all its intricacy and contrariness, followed on by substantive coverage of globalization’s dimensions. Other areas that are covered in depth are: globalization’s macro-economic faces globalization’s unruly spaces globalization’s geo-political faces ecological globalization globalization’s cultural challenges globalization from below fair globalization. Globalizations Contradictions is a critical examination of the continuing role of international and supra-national institutions and their involvement in the political economic management and determination of global restructuring. Deliberately, this collection raises questions, even as it offers geographical insights and thoughtful assessments of globalization’s multifaceted ‘faces and spaces.’