Utilising the DaimlerChrysler human resources upgrade in one of
South Africa's least developed provinces as the basis, this is a
well-developed case study of the relationship between human capital
in host economies and international capital inflows. It describes
how DaimlerChrysler upgraded human resources in its East London
plant where the company manufactures the Mercedes C-Class model for
export. Lorentzen explores the extent and depth of the upgrading
along and beyond the automotive supply chain, and its repercussions
on local education and training institutions. Finally, he analyses
how foreign direct investment and local industrial development
interact in the short and medium term, and hypothesises as to the
possible longer-term outcomes in the absence of proper regional
economic planning.
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