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developed systems of social protection for workers such as those in Western Europe in general and in Scandinavian countries in particular came under severe pressure when their industrial products could no longer compete with cheaper industrial products coming from elsewhere. Yet, many countries could use their technological capabilities to move into technology intensive products in order to remain competitive in export markets. This has not always been easy for all such countries, particularly when new competitors came into the scene, as is particularly the case in Asia. As is well known, countries like South Korea,Taiwan, Singapore, China and Malaysia have moved into technology intensive products and services, making life difficult for many conventional industrial countries like Japan. It is common knowledge that a country like Japan cannot do much about domestic wages so the only way forward is to develop new products or improve on existing ones. But, there are obvious limits. The result is endemic economic crises. The challenge for any regime faced with such a situation is to find ways and means to manage the social and political fall out of such crises and would naturally expect the social scientists to come to their rescue.
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