The Global Strategic Demand-Response Mechanism

Graeme Snooks

Chapter 11 in Global Transition, 1999, pp 202-215 from Palgrave Macmillan

Abstract: Abstract It is now time to explore the empirical dimensions of the dynamic-strategy model by focusing on the process by which the industrial technological paradigm unfolds. The unfolding paradigm generates a changing global strategic demand, which is exploited in varying degree by both First-World and Third-World countries through international trade. While strategic countries (SCs) are in the best position to respond to this demand, considerable economic opportunities also exist for emerging strategic countries (ESCs) and nonstrategic countries (NSCs) with appropriate resources. Opportunities to participate in the global strategic transition (GST) vary as global strategic demand waxes and wanes and as its structure changes. This, together with the strategic demand-response mechanism by which it is effected, are the subjects of this chapter.

Keywords: Response Mechanism; Strategic Response; Sustained Economic Growth; Longrun Dynamics; Inflation Experience (search for similar items in EconPapers)
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-333-98479-6_11

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DOI: 10.1057/9780333984796_11

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