In many ways this is "reverse M&A" to complement reverse innovation: instead of Western companies buying cheap manufacturing in the developing world, emerging-market companies are buying sophisticated corporate machinery in the West.India's Hindalco is a good example.
No one thinks that mobile phones would have spread so fast if the task had been left to non-profit providers.The key question is whether there is a potentially profitable market for cheap laptops in the developing world.
This problem is potentially exacerbated by the emerging trend of "re-shoring" manufacturing to the developed world (see, e.g., [67, 85]) because in some industries technological progress is reducing the need for human labor so drastically that cheap labor in the developing world no longer offers a significant competitive advantage.
Those clothes that don't get thrown away often end up in cheap markets in the developing world.
Even though multinational drug executives know there are reputable Indian companies, they often tar them all by "confusing the issues by mixing 'counterfeit,'badad quality' and 'India' in the same heap," said Ellen 't Hoen, a drug policy consultant to Doctors Without Borders, which pushes for cheaper drugs in the developing world.
The textile industry remained a main employer in the town until the late twentieth century, with the advent of access to cheaper labour in the developing world leading to a decline in the manufacture of clothing in Lurgan.
Immigrant labor creates profits that spin out into real estate markets, department stores, auto dealerships, and keep the country's food the cheapest in the developed world.
Cheap products manufactured in the developing world will be crucial to establishing lower carbon economies in developed countries China’s environmental reputation is not among the best in the world, but it is taking steps to improve with a number of green and energy commitments There is no single solution to weaning ourselves from fossil fuels.
Furthermore, the decision to reject Novartis' patent "has global significance since India's generic drug industry, valued at approximately USD $26 billion, supplies much of the cheap medicine used in the developing world" [ 19].
Developing improved wheat breeds, species and technologies will also make wheat production easier and cheaper for farmers in the developing world – and so give them better access to markets.
