ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Metropolitan Recession as Impetus for Globalisation

With the development of local capacity in the rest of the world, recession in the metropolitan countries, by increasing the emphasis on cost-cutting to raise margins in the struggle for market share, intensifies the tendency to shift whole sections of manufacturing and even office processes to cheaper locations, thus lengthening recession and weakening recovery.

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