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Understanding Poon’s 1993 Competitive Strategy: Frameworks for Small Island Economies

"Aileen Poon’s 1993 work provides a foundational economic framework for understanding how small, developing island nations can navigate global competition. By analyzing the intersection of export-led growth, industrial policy, and regional integration, the framework explains how limited domestic markets can leverage niche advantages to achieve sustainable competitiveness in an increasingly liberalized international trade environment. The Context of Poon’s 1993 Research In the early 1990s, the global economy was undergoing a massive shift toward trade liberalization, characterized by the conclusion of the Uruguay Round of the General Agreement..."

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