The rapid emergence of China and India as prime locations for low cost manufacturing has led some analysts to conclude that manufacturers in the 'old economies'--the US, UK, Germany and Japan--are being edged out of a profitable future. But if countries that have historically be…
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Focuses on a key dynamic that is changing the business environment : the globalization of production, which has major implications for the growth prospects of small and medium-sized enterprises (SMEs) in Asia and the Pacific. Shows that the current global economic environment is…