We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

International Business Strategy - Protectionism - Essay Example

Comments (0) Cite this document
Summary
This essay analyzes the international business strategy - protectionism which is a country-specific risk and a form of cultural and institutional risk. Protectionism is defined as the attempt by a national government to protect certain of its designated industries from foreign competition…
Download full paper
GRAB THE BEST PAPER
International Business Strategy - Protectionism
Read TextPreview

Extract of sample
International Business Strategy - Protectionism

Download file to see previous pages... Economic integration leads to openness and openness triggers volatility leading to insecurity. To alleviate the fears, to provide security to the local firms, the governments need to have a protectionist attitude (Fitoussi, 2007). Protectionism interferes in the process of globalization as it puts strict limits on the interplay of free markets. In fact, the rise of protectionism led to the end of the first phase of globalization. The MNEs, however, attempt to overcome the host country protectionism through different ways.
Protectionism implies that the government in the emerging economies will not let growth slow down. It will use the instruments of economic policy which assures to reduce the uncertainty linked with investment (Fitoussi, 2007). It also helps to increase the dynamism in the labor market. Protectionism definitely helps the “infant” industries in emerging markets. It fosters the long-term rate of growth of developing countries. Nevertheless, if these economies have to be integrated into the world economy, it requires a richer industrial structure. The fiscal and social receipts are too low and the welfare state is embryonic. Protectionism would allow it to develop a richer industrial structure and to provide through tariffs the necessary public funds to build a social system. Trade protection has to be there for the developing nations to eventually integrate into the world economy.
Shiva (2005) is of the firm conviction that trade liberalization does not lead to development. “Aid for Trade” is merely a coercive imposition of trade liberalization by WTO, the World Bank, and IMF. These tactics enable the MNC’s to expand and enlarge in every sector - agriculture, services, manufacturing. Protectionism is justified because development should be endogenous and not imposed with conditions. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“International Business Strategy - Protectionism Essay”, n.d.)
Retrieved from https://studentshare.org/macro-microeconomics/1544960-international-business-strategy-protectionism-see-order-instructions-for-details
(International Business Strategy - Protectionism Essay)
https://studentshare.org/macro-microeconomics/1544960-international-business-strategy-protectionism-see-order-instructions-for-details.
“International Business Strategy - Protectionism Essay”, n.d. https://studentshare.org/macro-microeconomics/1544960-international-business-strategy-protectionism-see-order-instructions-for-details.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
International Business Strategy
The existence of the discount retailing stores can be traced back to the 1940s and the starting of the 1950s. The purpose of these stores was to serve the families of those children who were born after the Second World War. The products were delivered at lower prices thus meeting the basic needs of the families, and accompanied by increasing sales and turnover.
14 Pages(3500 words)Essay
International business strategy
The author thinks that the strategic objectives of the firm were also influenced by the competitive strategic practices undertaken by the competitive firms in the industry. Most of the competitive consulting firms operated through a framework called the global delivery model. The management of WCS also was faced with a dilemma.
13 Pages(3250 words)Assignment
International Business Strategy
based international retail store chain. It is known for its aggressive and well-planned strategies for internationalization, entry and corporation. However, Wal-Mart’s recent venture into India is causing much debate among business critics. The points for business considerations are as follows: 1.
8 Pages(2000 words)Essay
International Business Strategy
Assess the changes in Philips' international competitive strategy over the period of the case and briefly outline the reasons why successive management teams found it so difficult to improve its competitiveness. Today's business environment has increasingly become more turbulent, chaotic and challenging than ever before.
10 Pages(2500 words)Case Study
INTERNATIONAL BUSINESS STRATEGY
e a good initiative because once a company goes international, competition increases and hence the need to offer quality services and products is evident. Establishing ones company in a developed country increases their competence and improves on the quality of the products. It
8 Pages(2000 words)Essay
International Business Strategy
This therefore required a greater flexibility as well as determination in the negotiation process in order to ensure that
3 Pages(750 words)Essay
International Business Strategy
One of the theories that companies use is the game theory (Lindstadt, 2010). From the reading, it is evident, that the game theory is an influential tool for companies to use in times of uncertainty. This theory offers
1 Pages(250 words)Literature review
International Business Strategy
As a result, most companies are taking more proactive approaches by internationalising their operations to stay relevant and profitable in the global economy (Hill and Jones, 2012). In today’s business world, it is not surprising to find
6 Pages(1500 words)Essay
International Business Strategy
In one of the study, between 1972 and 1976, over 90 ventures failed in Japan alone. In many of these ventures, many large companies from the US such as Sterling Drug, Avis, TRW were involved. As per the Harvard Business School study, almost
6 Pages(1500 words)Essay
International business strategy
Normally, resources are always bundled together to create organizational capabilities during foreign operations, and that is applicable to Vodafone as well. Vodafone Group, a
4 Pages(1000 words)Case Study
Let us find you another Essay on topic International Business Strategy - Protectionism for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us