Word: exports
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...power of the bazaaris as a whole has been slipping. As Iran's economy slowly re-entered the global economy over the past 20 years, certain bazaar members made out well as long as they could maintain special relationships with the government, which handed out licenses to import and export goods and gave more favorable exchange rates to certain traders. But ironically, as postrevolutionary Iran's economy diversified, with malls sprouting up in Tehran neighborhoods that catered to the tastes of an expanded middle class, the bazaar may be slowly losing its central place in Iranian social life. Still...
...marketing success story in history. In India, working for an American company serves as a source of pride. American designers—the so-called “high-end brands”— flood the malls, and some Indian retailers advertise items as “export quality,” a label that marks clothing deemed suitable for only the most fashion-savvy...
...Over a generation ago, the more procurable “Green Card” craze brought many Indians (including my own parents) overseas for greater opportunity—suitors for marriage then labeled “export-quality” spouses. Today, even in a country whose growth outstrips America’s, the weight of Western ideas is ever growing, even as American immigration borders are drawn tighter. Is this attempt at emulating Western culture indicative of mistaken perceptions—perceptions that characterize Indians as desperately in need of a culture other than their...
...important piece of that pie is the increasingly large Chinese domestic market. Traditionally, Taiwan firms have exported electronic components to China, which were assembled in mainland factories and re-exported to customers in the West. But now Taiwan companies are looking to redirect their products toward China's wealthier consumers, thereby decreasing Taiwan's dependence on the U.S. Flat-screen-display maker AmTRAN Technology, based near Taipei, operates factories in China that export primarily to North America, but the company is tying up this year with a Chinese electronics brand to sell TVs inside China as well. "This year...
...Similar efforts are being made across the island. In Kaohsiung, the government in 2008 opened a software park to spur tech start-ups alongside the city's traditional export factories. Nationally, Ma's administration has targeted six "flagship" industries for investment and development: biotech, health care, high-end agriculture, tourism, green energy, and creative and cultural businesses such as traditional arts and pop music. The government intends to support these sectors by providing financing, improving the capabilities of state research institutes and other measures. "We are keenly aware these industries in five to 10 years will be the major industries...