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Globalisation and Competitiveness: Relevant Indicators

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  • Thomas Hatzichronoglou
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    Abstract

    The economy’s entry into its globalisation phase has radically altered the nature of competition. Now, numerous new actors from every market in the world (see section 1 and summary table) are simultaneously in competition on every market. This new competition has accentuated the interdependence of the different levels of globalisation (trade in goods and services, direct investment, technology transfers, capital movements), with direct investment becoming a central factor in the process of industrial restructuring and the development of genuine world industries. To contend with the challenges of globalisation, firms have altered their strategies, strengthening the activities in which they were in a dominant position (refocusing), seeking to achieve critical size and attaching priority to external growth (mergers and acquisitions). At the same time, they have multiplied the number of co-operation agreements and alliances and changed their internal organisation. Globalisation has ... Globalisation and compétitivé : Indicateurs pertinents L’entrée de l’économie dans sa phase de globalisation a radicalement modifié la nature de la concurrence. Désormais sur chaque marché sont en compétition simultanée de nombreux et nouveaux acteurs en provenance de tous les marchés du monde (voir section 1 et tableau récapitulatif). Cette nouvelle concurrence a accentué l’interdépendance des différents niveaux de mondialisation (commerce de produits et des services, investissements directs, transferts technologiques, mouvements de capitaux) où l’investissement direct est devenu un facteur central dans le processus de restructuration industrielle et au développement d’industries véritablement mondiales. Face aux défis de la globalisation, les firmes ont modifié leur stratégie en renforçant les activités sur lesquelles elles étaient en position dominante (recentrage), en cherchant la taille critique et en donnant la priorité à la croissance externe (fusions - acquisitions). Parallèlement elles ont multiplié les accords de coopération ...

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    Bibliographic Info

    Paper provided by OECD Publishing in its series OECD Science, Technology and Industry Working Papers with number 1996/5.

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    Date of creation: 1996
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    Handle: RePEc:oec:stiaaa:1996/5-en

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    Cited by:
    1. S. Montresor, 1998. "Techno-Globalism and Techno-Nationalism: an Interpretative Framework," Working Papers 330, Dipartimento Scienze Economiche, Universita' di Bologna.
    2. Sarker, Rakhal & Ratnesena, Shashini, 2014. "Revealed Comparative Advantage and Half-A-Century Competitiveness of Canadian Agriculture: A Case Study of Wheat, Beef and Pork Sectors," Working Papers 165675, Canadian Agricultural Trade Policy Research Network.
    3. Godin, Benoit, 2004. "The obsession for competitiveness and its impact on statistics: the construction of high-technology indicators," Research Policy, Elsevier, vol. 33(8), pages 1217-1229, October.
    4. Julia Woerz, 2008. "Austria's Competitiveness in Trade in Services," FIW Research Reports series I-003, FIW.
    5. Lengyel, Imre, 2000. "A regionális versenyképességről
      [Regional competitiveness]
      ," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(12), pages 962-987.
    6. de Magistris, Tiziana & Gracia, Azucena, 2008. "Co-operation and economic relationship as determinants for competitiveness in the food sector: the Spanish wheat to bread chain," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 44066, European Association of Agricultural Economists.
    7. Foders, Federico & Vogelsang, Manuel Molina, 2014. "Why is Germany's manufacturing industry so competitive?," Kiel Policy Brief 69, Kiel Institute for the World Economy (IfW).

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