GLOBALISATION AND ITS IMPACT TO THE CONSTRUCTION INDUSTRY OF DEVELOPING COUNTRIES
Doni Afila
MSc Engineering Project Management Programme
School of Civil Engineering, University of Leeds
E-mail: cen4da@leeds.ac.uk
1. INTRODUCTION
The reach of globalisation, through free trade, world-wide production and capital investment, generates different implications to different industries, in different regions. Its influence to the global economy and the macro-economy condition of countries impacts the industries within. It has raised issues on investment, market entry (and competition), and also technology development.
Particularly in the construction industry of developing countries, globalisation remains a big question. Benefits to the industry in that respective group of countries are still far from clear. The study of Raftery et.al. (1998) on construction industry in Asia suggested that although three positive trends (i.e. larger private sector participation, increasing......
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Approximate Word Count: 3787
Approximate Pages: 15 (260 words per double-spaced page) |