Diamond Model versus WTO (World Trade Organisation)

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Diamond Model and Clusters > Best Practices > Diamond Model versus WTO (World Trade Organisation)

Diamond Model versus WTO (World Trade Organisation)
Reginald Mathe Mazibuko, Director, South Africa, Member
Liberalization of barriers to trade impacts the viability of the Diamond Model especially for emerging market countries or weak countries in terms of bargaining power in trade negotiations. I think the model works better for powerful nations than the less powerful. Example is the reformulated and conventional gasoline standards by the USA on Venezuela products. (...) Read more? Sign up for free

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  Diamond Model versus WTO
Luis Garcia-Calderon, Professor, Mexico, Member
  Liberalization of barriers to trade is part of the Washington consensus for emerging countries. It has not worked. Not even powerful nations like the U.S. apply liberalization of barriers to trade totally. Just take a look to the agricultural industry, it is highly protected by the U.S. Federal government.
The diamond does work for emerging countries or developed countries. The government role to facilitate and foster the development of the four factors is crucial in many regions and industries, even limiting open barriers to trade to fully develop regional industries. Look at China.

   
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Diamond Model and Clusters
Summary
Forum
What makes Clusters Start at some Place? How are Clusters Initiated?
🔥Effects of Setting up Industry Clusters in a Country
How to Integrate the Cluster in the Company?
Best Practices
🥇Success Factors of Economic Clusters
🥈Chance in Diamond Model
🥉Clusters and Knowledge Economy
Diamond Model versus WTO (World Trade Organisation)
China's Labor Cost Advantage
Flower Industry in Kenya
Ugly Side of Nigerian Business
The Contribution of Government
Governments' Role in Comparative Advantage
Nation Advantages and Firm's Advantages
Contribution of Diamond Model to International Research
Membership Organisations


Diamond Model and Clusters
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