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February 07, 2012
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Strategic Industries in a Globalized World

Eric Sterner, David Axe, Kenneth Flamm | World Politics Review | 2010-06-16

America's economic and military power has long been based on its dominance in key strategic industries. Three in particular exemplify this dynamic: space, military aircraft and semiconductors. But outmoded policy approaches, the advent of new technologies, and changes in the globalized supply chain threaten to radically alter the nature of all three industries -- and their relationship to American power.

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