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Title: National Economic Growth and Competitiveness

Essay Details

Subject: Business
Author: Joaquin D
Date: November 6, 2012
Grade: C
Length: 5 / 1274
No of views: 0
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Essay text:

Conclusion 1. Meaning and Intro Porter wanted to find out why US was losing its competitiveness, and why - Japan was strong in automobiles - US strong in Chemicals - Switzerland strong in pharmaceutical - Germany strong in Machines - Etc The classical economic theorists were unable to explain...

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Porter’s Diamond Factors Firm Strategy, Structure and rivalry Free Market -> increased competition. Eg. In Japan, highly aggressive competition for most industries (cars, consumer elec, cameras, semi-conductors) Role of Govt a) deregulation b) privatization c) Diminish role of Govt-Linked-Coys (GLC) eg...

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