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Global contestability

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Overview Edit

Global contestability is based on the notion that best practices migrate rapidly to multinational companies everywhere. The prime agents are leading edge companies establishing operations abroad and M&A, but there is also a "halo" effect on local companies as suppliers link in via electronically-enabled supply chains. Global contestability also drives equality of productivity in locally-produced, locally-consumed services.[1]

References Edit

  1. Intangible Economy: Impact and Policy Issues, at 11 n.1.

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