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Global Production System

Author

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  • Dumitru FILIPEANU

    (Gheorghe Asachi Technical University of Iasi, Economics and Marketing)

Abstract

The most significant transformations that globalization produces occur in production. Since the '60s, a new division of labor has made its presence felt in the world, arising from the "de-industrialization" of the developed and transfer production capacity of resource-intensive industries and pollutants from these countries to the developing world. "Dislocation" industry had the interim foreign direct investment made in the new industrialized countries, the latter becoming, in turn, sources of direct foreign investment, taking its capital in other countries in developing handsets. Currently, FDI destination is no longer a priority in developing countries, yet they are increasingly leaning towards the developed countries, due to the attractiveness offered by their economies.

Suggested Citation

  • Dumitru FILIPEANU, 2016. "Global Production System," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 11, pages 311-315, July.
  • Handle: RePEc:cmj:seapas:y:2016:i:11:p:311-315
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    More about this item

    Keywords

    Globalization; Production; International economic relations;
    All these keywords.

    JEL classification:

    • F20 - International Economics - - International Factor Movements and International Business - - - General

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