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- W2369916102 abstract "I. Types of Globalization Globalization has become a prominent and contested feature of the contemporary landscape. While there are myriad processes and definitions associated with the economic, political, social, and cultural dimensions of globalization, this paper is concerned primarily with the recent growth and transformation of the global value chains that define industries in the international economy. There have been three main drivers of economic globalization in the latter half of the 20 th century— transnational corporations (TNCs), international trade, and the Internet—and each has expanded the scope of global integration by altering how people, resources, and places are connected in economic transactions: 1) Investment-based globalization (1950-1970) –This focuses on the global reach of vertically integrated TNCs in primary products (oil, mining, agriculture) and manufacturing (chemicals, autos, semiconductors, computers), which developed international corporate strategies that increasingly encompassed the globe. The primary vehicle for this form of globalization are international production networks. These began to be constructed in the natural resource industries in the late 19 th century, and in the manufacturing industries in the 1950s and 1960s" @default.
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- W2369916102 date "2000-01-01" @default.
- W2369916102 modified "2023-10-01" @default.
- W2369916102 title "Beyond the Producer-Driven/Buyer-Driven Dichotomy: An Expanded Typology of Global Value Chains, with Special Reference to the Internet" @default.
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