Today, the rules of the international trade organization does not allow the water to protect the fledgling industry by tariff measures and tax-free. Even assuming that the Southeast Asian countries are allowed to perform this protective policy, the more likely it is they will not operate in the same way as before. 20 changes in global business activities in the late 20th century and early 21st century made the old models become obsolete. Today's question is no longer whether a country can go from shirt production up steel and cars or not. Today, the world is just one of the very few independent car maker, and the challenge for industrialised countries later is how to connect with the global production system available on the basis of the price reduction, increased productivity and improved techniques. Trade protectionism is not an effective tool to achieve this goal. Moreover, the change in the international monetary system the Bretton Woods period has restricted the scope of operation of exchange rate policy. In addition, foreign direct investment FDI is increasingly important role for the developing countries, allow the water to exploit this advantage through its industrial policies.
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