1041. Strategic Global Repositioning and Future Economic Development in Jamaica
- Author:
- Richard L. Bernal
- Publication Date:
- 04-1996
- Content Type:
- Working Paper
- Institution:
- The North-South Center, University of Miami
- Abstract:
- Strategic global repositioning is a process of r epositioning a country in the global economy by implementing a strategic plan. Such plans are designed to consolidate and improve existing production lines while reorienting the economy toward new types of economic activities. In most developing countries, this involves structural transformation (not adjustment) to achieve economic diversification, including export diversification. The need for strategic global repositioning derives from trends in the global economy that portend limited opportunities for industrialization in developing countries.
- Topic:
- Development, Economics, International Trade and Finance, and Political Economy