ABSTRACT

While the variety of locations for manufacturing has been growing in the global economy, there is the question of why the rationality of low costs, deregulation, and cheap labour does not always lead to industrial relocation. There are certain locations that manage to continue both economic development and a remarkable level of employment quite successfully while keeping to rather traditional products. Some locations manage to maintain their position in global processes of development even though there is an ongoing race to innovate, as well as increasing competition.