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Can Domestically Owned Manufacturing Firms of Small Developing Economies Compete in a Liberalized Trading Environment?

In: Multinationals on the Periphery

Author

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  • Lou Anne A. Barclay

Abstract

Within the past two decades, developing countries have been liberalizing their trade regimes. However, the beneficial effects of liberalized trade are still to be empirically substantiated. Yet, it is evident that small, developing countries are especially vulnerable to the consequences of a liberalized trading environment (Armstrong and Read, 1998). Moreover, it is the manufacturing sector of these economies that is particularly vulnerable to liberalized trade (ibid). This thus begs the question as to what the future viability of the local manufacturing firms of small, developing countries is in an increasingly liberalized trading environment.

Suggested Citation

  • Lou Anne A. Barclay, 2007. "Can Domestically Owned Manufacturing Firms of Small Developing Economies Compete in a Liberalized Trading Environment?," Palgrave Macmillan Books, in: Gabriel R. G. Benito & Rajneesh Narula (ed.), Multinationals on the Periphery, chapter 2, pages 25-47, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-59304-6_2
    DOI: 10.1057/9780230593046_2
    as

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