Techno-nationalism and techno-globalism: conflict and cooperation

Techno-Nationalism and Techno-Globalism: Conflict and Cooperation is a broad-ranging study of the technological competitiveness of nations. It examines the origins of trade and public policy conflict in the United States, Japan, France, and Germany; the friction between countries caused by shifts in...

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Hauptverfasser: Ostry, Sylvia A. (VerfasserIn), Nelson, Richard R. 1930- (VerfasserIn)
Format: Buch
Sprache:English
Veröffentlicht: Washington, DC Brookings Inst. 1995
Schriftenreihe:Integrating national economies
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Zusammenfassung:Techno-Nationalism and Techno-Globalism: Conflict and Cooperation is a broad-ranging study of the technological competitiveness of nations. It examines the origins of trade and public policy conflict in the United States, Japan, France, and Germany; the friction between countries caused by shifts in competitiveness; the role of trade policy in both causing and attempting to resolve these frictions; and the scope for new initiatives aimed at strengthening international cooperation. The authors argue that the margin of the U.S. technology lead has been narrowing since the 1960s, caused in part by the rise of Japanese industry in a variety of high-tech industries, and in part by the rapid circulation of information and diffusion of technology. They show how changes in technical competitiveness have created new sources of economic conflict between nations
Because governments increasingly believe that long-term wealth creation depends on superior technical skills, they are inclined to provide direct or indirect assistance to potential technological winners. This raises the risk of trade and subsidy wars
. Technology now spreads quickly, reducing the time it used to take for competitors to catch up. The authors explain that to create adequate return on the considerable investment that high tech requires, firms must have ready access to foreign markets through trade and through direct investment. In addition to formal restrictions on trade and investment, structural impediments have become a bigger problem. These arise from policy sanctioned by exclusionary links among and between producers, distributors, and financiers
Beschreibung:XXVI, 132 S. graph. Darst.
ISBN:0815766742
0815766734

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