POS 468 Lecture Notes - Lecture 2: Minimax, Airsea Battle, Research And Development
Document Summary
Countries linked to each other in terms of development. Levi produces jeans, to produce, purchase south korean yarn, woven & died in taiwan, cut in bangladesh, assembly in cambodia. & thailand, japanese zippers, sold in america & europe. Now have the most advanced production networks in world. Asean traders forming aec this year - kind of a common market. Asean has free trade agreements with china, india, south korea. Trade consisting of component parts of a product. Worse or no infrastructure - labor intensive, slow, more production costs. Trend lines for rest of asia going up (us down) 2003 - china spent 2% of global r7d. All of asia - 34% of global research & development. 100 billion in clean energy per year - solar. Peacetime - us armed forces are most visible, demonstrates how powerful us is. If you sail powerful ship to dangerous place. Reduced fed investment bc a lot of research funded by fed gov.
