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...region to overcome those fears and win out is to figure out how its talents best fit into the global supply chain, says Eduardo Tugendhat, president and CEO of Carana Corporation, a company which designs economic development programs. In Macedonia, a land-locked country with a small domestic market, Tuhendhat's firm suggested harnessing the nation's long tradition of metal working and pushing into the machining and automotive parts sectors in order to take advantage of the growing auto industry in neighboring Slovakia and Romania - two countries that have become a hot spot because of their inexpensive labor...

Author: /time Magazine | Title: The Changing Face of Globalization | 11/16/2007 | See Source »

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