Given China’s stronghold on critical supply chains, economics of scale, decades of optimization of their know-how, and the ongoing trends of deglobalization, restoration, and protectionism. For developing countries, is export-driven growth based on cheap labor still a viable strategy in today’s global economy? If it’s not, then what could be the alternative?
Comments
Thanks for your question to /r/AskSocialScience. All posters, please remember that this subreddit requires peer-reviewed, cited sources (Please see Rule 1 and 3). All posts that do not have citations will be removed by AutoMod. Circumvention by posting unrelated link text is grounds for a ban. Well sourced comprehensive answers take time. If you’re interested in the subject, and you don’t see a reasonable answer, please consider [clicking Here for RemindMeBot](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=AskSocialScience Reminder).
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.