Finland and the International Division of Labour - Bookswagon
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Finland and the International Division of Labour

Finland and the International Division of Labour


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About the Book

The development of industrialization and its effect on the international division of labour is here considered first in terms of economic theory and then by means of a case-study of Finland, representing a semi-peripheral economy in the global economic system. The first main section sets out those parts of existing economic theory which seem to be most useful in explaining structural changes in the international division of labour; the second section investigates the growth of Finnish industrialization and its specific pattern of international specialization. Because the overall structural characteristics of Finnish industrialization process and foreign trade still have some similarities to those of less developed countries (LDC'S), Third World industrialization is potentially competitive; the paper concludes that in semi-peripheral economies there is a need for a far-reaching restructuring policy to preserve overall industrial competitiveness in relation to trade-related competitive shifts in the world economy.

Table of Contents:
Part 1 Towards a theory of international division of industrial labour: the case for comparative advantage - the classical approach, the neo-classical approach; qualifications to determination of comparative advantage - neo-factor proportions approaches, product cycle theory, industrial growth theories; opposition to specialization based on comparative advantage - structuralist critique of the factor proportions approach, the case for protection, structuralist theories, dependency approach, a global system: core, periphery, semi-periphery; determination of international division of industrial labour - peripheral industrialization, industrialization strategies, structural characteristics of idustrial specialization. Part 2 Third World industrialization: country concentration - leading exporters of manufacturers, characteristics of leading exporters; branch concentration - dominant manufactured export branches, pattern of industrial specialization, corporate concentration - forms of foreign participation in LDCs, extent of TNC activities. Part 3 International specialization of Finland: development success in the semi-periphery - start of industrialization, dependent growth, Finnish-Soviet economic relations, integration to the European core; structural change of the economy; pattern of international specialization - revealed comparative advantage, trade structure, trade by destination, sectoral patterns of trade; import competition from LDCs - import penetration, LDC imports by sectors, country concentration in LDC imports, adjustment constraints, employment change; manufactured exports to LDCs - DMEs as suppliers of manufactures, export destinations; LDC competition in Third Markets - competition in traditional export markets, the Finnish and LDC export patterns compared; clothing and footwear; forest product exports - forest resources in Finland, world forest resources, development of forest industry, Finland's global market shares; production capital and technology transfers - Finnish production participation in LDCs, Finnish dependence on foreign production capital and technology.


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Product Details
  • ISBN-13: 9780333458815
  • Publisher: Palgrave Macmillan
  • Publisher Imprint: Palgrave Macmillan
  • Height: 222 mm
  • Width: 148 mm
  • ISBN-10: 0333458818
  • Publisher Date: 27 Mar 1992
  • Binding: Hardback
  • Weight: 415 gr


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