GLOBAL PRODUCTION SYSTEM

Dumitru Filipeanu
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Dumitru Filipeanu: Gheorghe Asachi Technical University of Iasi, Economics and Marketing

SEA - Practical Application of Science, 2016, issue 11, 311-315

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.

Keywords: Globalization; Production; International economic relations (search for similar items in EconPapers)
JEL-codes: F20 (search for similar items in EconPapers)
Date: 2016
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