In: Economics
what are the advantage and disadvantage of strategic coupling for developing countries ?
Ans). Strategic coupling of regional development in global production networks: redistribution of Taiwanese personal computer investment .From the perspective of strategic coupling of regional development in global production networks (GPN).
Advantages:
Strategic coupling helps developing countries in its original connotation suggests a dynamic interplay between the local and the global.
Strategic coupling helps developing countries in its regional development, and also provide much essential boost to develop global production network.
This strategy helps to transformation in the New Global Economy analyzes state-firm relations and the growth strategies used by firms.
Strategic coupling provide networked power relations in the mobilization of resources (including the constitution of symbols of ‘centrality’, ‘competitiveness’ or ‘sustainability’) to developing countries that support and improve a territory’s position in its global flows.
This relational approach of strategic coupling links regional performance with GPN dynamics which is fruitful because it helps to avoid the danger of a myopic reading of regional development inherent in the new regionalism literature.
Disadvantage:
When developing countries use strategic coupling, can be much depends on the particularities of a specific SoP in relation to a specific GPN.
For developing countries without unpacking the strategic coupling processes and mechanisms, we will not be able to explain convincingly why global lead firms have selectively incorporated some regions into their GPNs.
Strategic coupling to resource economies in semi-peripheral developing countries economy remains unexamined, despite the emergence of critical work seeking to unpack and evaluate the concept.
Some times It also underlines the enduring relevance of some long-standing themes of geographical political economy such as external domination, uneven development, conflicts over value and the distinction between development ‘of’ a region and development ‘in’ a country.