National Economic Growth and Competitiveness

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Written by:

Beverly R


Date added:

January 19, 2013








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5 / 1274


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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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