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This paper explores the impact of vertical specialization on world trade within the framework of the O-ring theory of production. Within such a framework there is little scope for substituting quantity for quality or for gaining market shares by undercutting established suppliers purely on cost....
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This study seeks to clarify what vertical specialization/fragmented production/production sharing is, how widespread it is, how it is organized, its driving forces, and what the policy implications are. It presents six country case studies ( USA, Japan, Germany, Brazil, China and South Africa )...
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This paper explores the role of infrastructural services in international outsourcing. Outsourcing in combination with lean supply management is sensitive to the timeliness of delivery and the fulfilment of quality standards, which in turn depend critically on the availability of infrastructure...
Persistent link: https://www.econbiz.de/10012732917
This paper explores the impact of vertical specialization on world trade within the framework of the O-ring theory of production. Within such a framework there is little scope for substituting quantity for quality or for gaining market shares by undercutting established suppliers purely on cost....
Persistent link: https://www.econbiz.de/10014056300