Screwdriver Operations

Screwdriver operations in Global Commerce Policy

In this regard, screwdriver operations is: a pejorative term for manufacturing operations concerned mainly with the assembly of components. This often involves little or no transfer of technology. Screwdriver operations are more likely to be found where there is an adequate supply of comparatively inexpensive labour. They are partly a cause and a result of globalization driven by the need to find the most efficient production arrangement. They can also be due to preferential rules of origin which encourage firms to establish operations inside free-trade areas to get around market access impediments. See also delocalization, export processing zones, footloose industries, maquiladora industries and rules of origin.[1]

Screwdriver operationsin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Screwdriver operations” entry (OAS)

See Also