Globalizing Customer Solutions: The Enlightened Confluence of Technology, Innovation, Trade, and Investment (Google eBook)

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Greenwood Publishing Group, Jan 1, 2000 - Business & Economics - 160 pages
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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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Contents

Introduction and the Global Economic Metrics
5
Globalization The New Paradigm
15
Technology and Innovation
27
International Trade
41
Trade Distortions
55
Multilateral versus Alternative Trade Practices
73
The World Trade Organization
83
Foreign Direct Investment
97
FDI Who Needs It?Almost Everyone
109
FDI and Developing Nations Risks and Jurisdictions
121
FDI and Developing Nations Technology and Finance
131
FDI and Developing Nations Linkages and Patterns of Operation
143
Reflections
157
Index
161
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About the author (2000)

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

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