Upgrading strategies in global furniture value chains
Kaplinsky, Raphael, Readman, Jeff and Memedovic, Olga (2009) Upgrading strategies in global furniture value chains [Working Paper]
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Globalization has given producers an opportunity to participate in the global economy. In both high- and low-income countries, a growing number of firms are targeting external markets to gain economies of scale and scope as well as further technological expertise. This has increased competition, in both domestic markets (from imports) and external markets. Thus, for companies and national economies, globalization offers opportunity and threat.
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