Monday, December 17, 2012

Globalization of Production in the Textile and Clothing Industries:

East atomic number 63an full reintegration into the world economy had already started during the eighties, but the end of the decade and the beginning of the nineties cut a sudden spurt in that direction. This has taken the piddle not only of a swift trade change of direction towards the West, especially the EU, but also of new forms of inward unusual direct investment (FDI), subcontracting and cooperation agreements with Western enterprises. As a consequence, easterly Europe has become deeply involved in the big process of globalisation of business characterizing the international economy, where firms operations ar becoming much much complex and pervasive than traditional arms-length trade and traditional international investment, including both international production and sourcing. Therewith the process of transition to the market appears to be more and more intertwined with Western firms strategies. It is then of some interest to read the extent of such relocation, its various forms and the possible impact on both the relocating and the host countries. International relocation can be analysed from different points of view.
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The perspective of the present paper is to concentrate on one of the most important trade partners of Eastern Europe - Italy - and on two industrial sectors in which the latter is work in production and exports - textiles and clothing, which are also of paramount richness in Eastern Europes exports. A few information on production, employment, investment and foreign trade may set to show the enormous importance of these industries for Italy. In 1993 this country produced more or less 40% of the entire EU production of textiles, including knitwear. The other study EU countries followed rather distanced: France (17% - including household textiles), Germany (16%) and the UK (11%). The correspondig employment for Italy was 30% of the EU total, taking into account also the firms with less than 20 employees. The plunk for most important country - Germany -... If you want to get a full essay, order it on our website: Orderessay

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