Can Domestically Owned Manufacturing Firms of Small Developing Economies Compete in a Liberalized Trading Environment?

Lou Anne A. Barclay

Chapter 2 in Multinationals on the Periphery, 2007, pp 25-47 from Palgrave Macmillan

Abstract: Abstract Within the past two decades, developing countries have been liberalizing their trade regimes. However, the beneficial effects of liberalized trade are still to be empirically substantiated. Yet, it is evident that small, developing countries are especially vulnerable to the consequences of a liberalized trading environment (Armstrong and Read, 1998). Moreover, it is the manufacturing sector of these economies that is particularly vulnerable to liberalized trade (ibid). This thus begs the question as to what the future viability of the local manufacturing firms of small, developing countries is in an increasingly liberalized trading environment.

Keywords: Foreign Direct Investment; Trade Liberalization; Competitive Strategy; NBER Working Paper; Rival Firm (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59304-6_2

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DOI: 10.1057/9780230593046_2

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