Inwash
Inwash refers to the process by which a country's industries and economic activities become more integrated with global markets and supply chains. It is a multifaceted phenomenon that can be driven by trade liberalization, foreign direct investment, and the adoption of international standards. The term suggests a flow of goods, services, capital, and technology from abroad into a nation's domestic economy.
This integration can lead to several economic outcomes. On the one hand, inwash can foster greater efficiency
However, inwash also presents potential challenges. Domestic industries may struggle to compete with more established foreign