Vinod K. Aggarwal
American Industry In International Competition, 1983
The textile, apparel, and footwear industries in the rich industrial nations have all been hit hard by competition from the newly industrializing countries. In these industries, in which easily available and standard production technologies can be combined with inexpensive labor, newly industrializing countries can often undersell producers in the richer nations. There are, however, several potentially successful adjustment strategies that remain open to producers in the advanced countries. In