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Globalization of Production and the Competitiveness of Small and Medium-sized Enterprises in Asia and the Pacific: Trends and Prospects

Editor

Listed:
  • United Nations Economic and Social Commission for Asia and the Pacific (ESCAP)
    (United Nations Economic and Social Commission for Asia and the Pacific (ESCAP))

Abstract
This paper focuses on a key dynamic that is changing the business environment: the globalization of production, which has major implications for the growth prospects of SMEs in Asia and the Pacific. The current global economic environment is characterized by trade liberalization, rapidly changing technology, and growing and ever-mutating demand for higher-quality and differentiated intermediate and final products and services that must meet increasingly stringent international standards. Traditional SMEs find it difficult to stay competitive in such an environment, even in their domestic markets. Conversely, by facilitating linkages with foreign buyers and large multinational enterprises, the forces of globalization loosen the constraints of domestic economies and markets, and provide local SMEs with potential access to globally distributed assets, including information, technology, skills, capital and markets.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) (ed.), 2009. "Globalization of Production and the Competitiveness of Small and Medium-sized Enterprises in Asia and the Pacific: Trends and Prospects," STUDIES IN TRADE AND INVESTMENT, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), volume 65, number tipub2540, April.
    • Handle: RePEc:unt:ecbook:tipub2540
    as

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    File URL: http://www.unescap.org/tid/publication/tipub2540.pdf
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    References listed on IDEAS

    as
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    Book Chapters

    The following chapters of this book are listed in IDEAS

    More about this item

    Keywords

    SMEs; Asia; Pacific; information; technology; globalization;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade

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