export-led
Shipping drives growth
Export-led describes economic growth or development driven primarily by selling goods and services to foreign markets rather than domestic consumption.
The strategy emphasizes manufacturing for international trade: China's export-led growth transformed it into a global economic power.
Often contrasted with consumption-led or investment-led approaches to development.
Transition to factory-based economy
- growthIncrease in size
- developmentProgress toward maturity
- manufacturingIndustrial product creation
- competitivenessDrive to outperform others
modernization · mercantilism · protectionism · liberalization · globalization · tariffs · subsidies · devaluation
Industrial product creation
- textilesWoven or knit materials
- electronicsStudy of circuits
- automobilesSelf-propelled road vehicles
- semiconductorsPartially conductive materials
steel · shipbuilding · garments · footwear · machinery · chemicals · assembly · components
East Asian superpower
- TaiwanDisputed East Asian island-state
- SingaporeSoutheast Asian city-state
- JapanEast Asian archipelago nation
- GermanyCentral European nation
Vietnam · Thailand · Malaysia · Mexico · Ireland · Bangladesh · Indonesia · Philippines
International business capital infusion
- multinationalOperating across multiple countries
- supply-chainProduction-to-consumer pathway
- outsourcingThird-party task delegation
- offshoringMoving work overseas
wages · productivity · infrastructure · logistics · containerization · customs · duties · quotas
industrialization
Transition to factory-based economy
- growthIncrease in size
- developmentProgress toward maturity
- manufacturingIndustrial product creation
competitiveness · modernization · mercantilism · protectionism · liberalization · globalization · tariffs · subsidies · devaluation
manufacturing
Industrial product creation
- textilesWoven or knit materials
- electronicsStudy of circuits
- automobilesSelf-propelled road vehicles
semiconductors · steel · shipbuilding · garments · footwear · machinery · chemicals · assembly · components · technology
China
East Asian superpower
- TaiwanDisputed East Asian island-state
- SingaporeSoutheast Asian city-state
- JapanEast Asian archipelago nation
Germany · Vietnam · Thailand · Malaysia · Mexico · Ireland · Bangladesh · Indonesia · Philippines · Shenzhen
FDI
International business capital infusion
- multinationalOperating across multiple countries
- supply-chainProduction-to-consumer pathway
- outsourcingThird-party task delegation
offshoring · wages · productivity · infrastructure · logistics · containerization · customs · duties · quotas · workforce
export-ledprotectionist
Favors limiting foreign trade
autarkic · inward-looking · isolationist · self-sufficient · mercantilist
export, led, lead, exports, exported, exporter, exporters, exporting, exportation