May 16, 2017

Managing cost centers by making them profit centers

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https://techcrunch.com/2017/05/14/why-amazon-is-eating-the-world/ Amazon benefits not only from the revenue from externalising its internal services,  but also from the efficiency and oversight induced as a result. This is similar to the export-driven growth described in Joe Studwell's How Asia Works - East Asian countries gave domestic industries protected markets, conditional on their ability to export and hence prove that they were making goods that were competitive in international markets.

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