Globalizing Customer Solutions: The Enlightened Confluence of Technology, Innovation, Trade, and Investment


In the last fifty years, the world economy has benefited from a globalization process driven by the enlightened confluence of technology, innovation, trade, and foreign direct investment. This book broadens our understanding of that process. Opening with a review of current global economic metrics and the significant differences between advanced and developing nations, the book goes on to discuss the globalization paradigm and the forces driving it. Also covering the evolution of international trade, the book reviews trade distortions from external and internal sources, comparing trade on a multilateral, non-discriminatory basis with alternative trade practices. Describing the rapidly growing practice of foreign direct investment, the book shows how FDI is closely linked to international trade and concludes with a review of the important function FDI can play.

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