The American Economy from Roosevelt to Trump by Vittorio Valli

Author:Vittorio Valli
Language: eng
Format: epub
ISBN: 9783319969534
Publisher: Springer International Publishing

4.The research for local know-how, or high-quality labor force, or important global brands in foreign countries.

5.More in general, the recourse to a fragmentation of production, or the insertion into global productive networks among several firms or branches operating in many countries. This can be due to a complex mix of advantages such as economies of scale and scope, lower labor costs, knowledge and access to markets, technological transfer, lower taxation or higher incentives, good infrastructures, acceptable bureaucracy, quantity and quality of workers, and so on.

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