Globalisation, Competitiveness, The Product Cycle And North–South Economic Relations

This article examines the relationship between competitiveness and the stages of the product cycle within the context of North–South economic relations. Following the success of the Asian Development Model in some East Asian nations, the North has sought to pre-empt the rise of a group of newly indu...

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Bibliographic Details
Published in:World affairs (New Delhi, India : 1997) India : 1997), 2009-10, Vol.13 (3), p.22-51
Main Author: HALABI, YAKUB
Format: Article
Language:English
Subjects:
LAST STAND OF THE UNITED STATES
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Summary:This article examines the relationship between competitiveness and the stages of the product cycle within the context of North–South economic relations. Following the success of the Asian Development Model in some East Asian nations, the North has sought to pre-empt the rise of a group of newly industrialised countries. Accordingly, it has endeavoured not only to create global regulations that privilege developed economies, but also to institutionalise them within emerging economies and prevent governments from engaging in unilateral competitive strategies. The standardisation of production in the South has led to the deskilling of many jobs and the feminisation of the labour market, as women work longer hours for less income. This process has increased the supply of labour but reduced the general wage level of unskilled workers.
ISSN:0971-8052
0974-0937