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"INTERNATIONAL COMPETITION"
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Darwinian fitness in the global marketplace : analysing the competition
Darwinian fitness in the global marketplace discusses how global business competition is undergoing a dynamic shift consistent with the Darwinian theory of evolution. Globalisation has allowed free entry and exit for firms in the marketplace that has caused congestion of firms at vertical (products- and services-led) and horizontal (geographic) business platforms. Thus, small firms struggle for their existence in the marketplace, while firms that demonstrate strength for survival stay as the fittest among the competing firms. This volume discusses new concepts related to the efficiency and effectiveness of competitive strategies required by firms to survive in the global marketplace. The discussions in this book are built around the competitive frameworks based on systems thinking and delineate insights analysing the extensive survey of literature on the subject. The author provides an in-depth analysis of a broad spectrum of important topics on competitive strategies and tactics that will interest students and working managers.
Book
The Competitive Advantage of Emerging Market Multinationals
Multinationals from Brazil, Russia, India and China, known as the BRIC countries, are a new and powerful force in global competition and are challenging the incumbency of much older global companies from the developed world. Emerging market multinational enterprises (EMNEs) now account for a quarter of foreign investment in the world, are a prolific source of innovation and make almost one in three cross-border acquisitions globally. Despite this, traditional theories of international business do not provide a satisfactory explanation of their behaviour or performance. The authors of this book shine new light on the rise of the EMNEs and how they have built a competitive advantage through innovation, novel configurations of their international value chains and the acquisition of companies overseas. Any manager, policy maker or researcher who wishes to understand the emergence of this new breed of multinational will find this book an invaluable resource.
eBook
International economics : global markets and competition
\"International Economics: Global Markets and Competition integrates the microeconomics of international trade with open economy macroeconomics and finance. The theory is comprehensive but presented with intuitive diagrams. The book emphasizes the gains from international competition and the limits of trade policy. Economics began during the Industrial Revolution with a debate over import tariffs. To this day, domestic industries lobby for tariff protection against foreign competition, paying lawmakers for tariffs on imports. Only under special conditions do tariffs lead to economic gains. Domestic importers of materials and industrial products favor free trade, as do export industries since tariffs encourage other countries to retaliate with tariffs of their own. Trade theory includes market analysis and general equilibrium models of the economy. This text integrates the full range of trade theory with exchange rates, balance of payments, international finance, and open economy growth and macroeconomics. The presentation focuses on diagrams and avoids equations and algebra. The theory is presented with numerical examples. The text does not assume intermediate economics, instead developing the theory with thorough explanations. Questions in each section build confidence in applying the theory. Boxed examples illustrate the importance of the theory. Students like the concise and straightforward style. Instructors notice the difference on exams.\" -- Provided by publisher.
Book
Capitalism in the age of globalization
Samir Amin remains one of the world's most influential thinkers about the changing nature of North-South relations in the development of contemporary capitalism. In this highly prescient book, originally published in 1997, he provides a powerful analysis of the new unilateral capitalist era following the collapse of the Soviet model, and the apparent triumph of the market and globalization
eBook
Straight talk on trade : ideas for a sane world economy
\"Rodrik takes globalization's cheerleaders to task, not for emphasizing economics over other values, but for practicing bad economics and ignoring the discipline{u2019}s own nuances that should have called for caution. He makes a case for a pluralist world economy where nation-states retain sufficient autonomy to fashion their own social contracts and develop economic strategies tailored to their needs. Rather than calling for closed borders or defending protectionists, Rodrik shows how we can restore a sensible balance between national and global governance. Ranging over the recent experiences of advanced countries, the eurozone, and developing nations, Rodrik charts a way forward with new ideas about how to reconcile today{u2019}s inequitable economic and technological trends with liberal democracy and social inclusion. Deftly navigating the tensions among globalization, national sovereignty, and democracy, Straight Talk on Trade presents an indispensable commentary on today{u2019}s world economy and its dilemmas, and offers a visionary framework at a critical time when we need it most.\"--Provided by publisher.
Book
Rising to the Challenge
America's position as the source of much of the world's global innovation has been the foundation of its economic vitality and military power in the post-war. No longer is U.S. pre-eminence assured as a place to turn laboratory discoveries into new commercial products, companies, industries, and high-paying jobs. As the pillars of the U.S. innovation system erode through wavering financial and policy support, the rest of the world is racing to improve its capacity to generate new technologies and products, attract and grow existing industries, and build positions in the high technology industries of tomorrow.
Rising to the Challenge: U.S. Innovation Policy for Global Economy emphasizes the importance of sustaining global leadership in the commercialization of innovation which is vital to America's security, its role as a world power, and the welfare of its people. The second decade of the 21st century is witnessing the rise of a global competition that is based on innovative advantage. To this end, both advanced as well as emerging nations are developing and pursuing policies and programs that are in many cases less constrained by ideological limitations on the role of government and the concept of free market economics. The rapid transformation of the global innovation landscape presents tremendous challenges as well as important opportunities for the United States.
This report argues that far more vigorous attention be paid to capturing the outputs of innovation - the commercial products, the industries, and particularly high-quality jobs to restore full employment. America's economic and national security future depends on our succeeding in this endeavor.
eBook
The China-U.S. Trade War and Future Economic Relations
The relation between China and the United States is arguably the most important bilateral relation in the world today. The U.S. and China are respectively the largest and the second largest economy in the world. They are also respectively the largest and the second largest trading nation in the world. They are also the most important trading-partner country of each other. If China and the U.S. work together as partners towards a common goal, many things are possible. Despite China and the U.S. being the largest trading-partner country of each other, there exists significant friction and potential conflict in their economic relations. The friction originated from U.S. grievances about the lop-sided trade balance in China’s favour, the allegedly under-valued exchange rate of the Renminbi (the Chinese currency), the lack of market access for U.S. firms to China. These grievances culminated in the decision of U.S. President Donald Trump to impose three separate rounds of new U.S. tariffs on imports from China of cumulatively US$250 billion worth in 2018, starting a trade war between the two countries. It is essential to know the true state of the China-U.S. trade balance before effective solutions can be devised to narrow the trade surplus or deficit. The impacts and potential impacts of the 2018 trade war between China and the United States on the two economies are analysed and discussed. The long-term forces that underlie the economic relations between the two countries beyond the 2018 trade war are analysed. In this connection, how a “new type of major-power relation\" between the two countries can help to keep the competition friendly and avert a war between them and the way forward for China-U.S. relations is discussed.
eBook
POLITICS OF PACIFIC REGION: US-CHINA COMPETITION, RISE OF OTHER ACTORS AND FUTURE SCENARIOS FOR REGIONAL ORDER
US alliance politics, especially the AUKUS pact, reinvigoration of QUAD and the rise of other actors like Japan, Australia and ASEAN, have convoluted the geopolitics of the region. China has doubled its efforts to neutralise any adverse effects of the pacts. This study aims at explaining the nature and dynamics of the US and Chinese divergences, strategic partnerships, alliance politics and its implications for the regional order. The study, while adopting the theoretical framework of balancing and content analysis as the methodological tool, hypothesised that the new US partnership strategy of containing China has forced Chinese leaders to proactively pursue competitive countervailing strategies that will implicate the interests of both states. The rise of other actors and strategic alliances/partnerships, created for balancing, will further complicate the regional politics with clear implications for the regional political and economic stability. Keywords: US-China competition, Indo-Pacific region, geopolitics, great power politics, multipolar moment
Journal Article