CONTENTS Abbreviations THE IMPLICATIONS OF GLOBALIZATION, INCLUDING INFORMATION TECHNOLOGIES, ON INDUSTRIAL DIVERSIFICATION AND IMPROVED COMPETITIVENESS OF MANUFACTURING: PROBLEMS AND PROSPECTS IN THE TWENTY-FIRST CENTURY Introduction Structural changes in manufacturing Promoting regional and global linkages of manufacturing Industrial restructuring and diversification through cross country flows of capital and investments Small and medium-sized enterprises and globalization process Conclusions and recommendations References ECONOMIC INTEGRATION AND INDUSTRIAL PRODUCTION NETWORKING: ASIA'S PROSPECTS AND CHALLENGES IN THE TWENTY-FIRST CENTURY Introduction Economic integration, foreign direct investment, trade of manufactured products and regional industrial restructuring Forging horizontal and vertical linkages in industry: promoting production networks through large, medium and small enterprise linkage and clustering Challenges and prospects of globalization for industrial progress and production networking in Asian developing economies Future challenges and actions for industrial progress and integration and production networking PROMOTING BUSINESS AND TECHNOLOGY INCUBATION FOR IMPROVED COMPETITIVENESS OF SMALL AND MEDIUM INDUSTRIES: WORKSHOP PROCEEDINGS General observations Lessons of experience: China, India and the Republic of Korea Participating countries experience and national recommendations: Bangladesh, Cambodia, the Lao People's Democratic Republic, Mongolia, Nepal and Viet Nam Overall recommendations of the workshops PRIVATE ENTERPRISE DEVELOPMENT FOR EXPORT PROMOTION IN SOUTH ASIA General observations: South Asia Global economic developments and the recent economic situation in South Asia Private sector development and export performance Conclusions and issues for consideration FOREIGN DIRECT INVESTMENT IN DEVELOPING ECONOMIES OF ASIA: ESCAP'S EFFORTS IN BUILDING NATIONAL CAPACITIES FOR ATTRACTING FOREIGN DIRECT INVESTMENT Introduction Foreign direct investment in developing Asia ESCAP work in the area of investment Looking into the future Summary and conclusions

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