Together the globalization of finance, demand, supply, and competition form a series of interlocking currents of global circulation of information, which is wired in turn to the flexibilization of production. At issue are not simply the growth of international trade and the role of transnational corporations, but this coincides with a new system of industrial organization which is variously termed flexible specialization, flexible accumulation, lean manufacturing just-in-time capitalism, or Toyotism. The shift from standardized mass production to flexible production systems is often characterized as a transition from Fordism to post-Fordism (Harvey 1989). This involves greater flexibility in the organization of production, labor and enterprises, location, and marketing. While these changes apply primarily in advanced economies their effects ramify throughout the international division of labor. The neoliberal trend since the 1980s results in deregulation of economies and in formalization. Further developments include the new economy, e-commerce, and dot.com.