Who's afraid of globalization?* Raise your hand if any of the following names send a chill down your spine: China, India, Southeast Asia Southeast Asia, region of Asia (1990 est. pop. 442,500,000), c.1,740,000 sq mi (4,506,600 sq km), bounded roughly by the Indian subcontinent on the west, China on the north, and the Pacific Ocean on the east. , Eastern Europe Eastern Europe The countries of eastern Europe, especially those that were allied with the USSR in the Warsaw Pact, which was established in 1955 and dissolved in 1991. , Mexico, Brazil. Don't be shy, because you' re not alone. U.S. processors have a lot on their minds these days: high costs of materials, energy, and fuel; slumping domestic car and home sales; threats of higher interest rates and wild weather disruptions. But for many of you, the most fundamental concern is competition from overseas manufacturers that don't have your labor costs, taxes, and regulatory expenses. Chalk it all up to "globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation ." In the next month, PLASTICS TECHNOLOGY editors will be investigating the impact of globalization on plastics processors. We will look at who's most vulnerable and who's not, and what things savvy molders, extruders, and compounders are doing to lessen less·en v. less·ened, less·en·ing, less·ens v.tr. 1. To make less; reduce. 2. Archaic To make little of; belittle. v.intr. To become less; decrease. their risk--and turn it into an opportunity. The results will appear in our January issue. We'll pass on useful lessons and show you models that can ease your worries and help you take action. If you're nagged by questions about how to fortify for·ti·fy v. for·ti·fied, for·ti·fy·ing, for·ti·fies v.tr. To make strong, as: a. To strengthen and secure (a position) with fortifications. b. To reinforce by adding material. your business against foreign competition, we'd like to know what's on your mind What's On Your Mind Austin Access, Channel 10This public access show, produced by Sue Cole, aires every Saturday from 5:30-7:00. Many topics are discussed, which mostly are political issues. . And if you think you have some of the answers to winning the globalization game, we'd certainly like to talk to you. Here's your opportunity to be heard: Give me a call at (646) 827-4848, ext. 7103 or send me an e-mail at mnaitove@ptonline.com. Get in touch by the end of this month so that your comments can help guide our research and/or we can schedule an interview. |
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