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Dependent Growth: Foreign Investment and the Development of the Automotive Industry in East-Central Europe (Hardcover, 1st ed. 2017)
Loot Price: R4,133
Discovery Miles 41 330
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Dependent Growth: Foreign Investment and the Development of the Automotive Industry in East-Central Europe (Hardcover, 1st ed. 2017)
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This book offers a critical analysis of recent developments in the
automotive industry of East-Central Europe (ECE). Economists,
industry specialists and national governments have considered the
rapid development of the automotive industry in ECE in the past
twenty years an unqualified success. This rapid growth has been
based on large inflows of foreign direct investment (FDI) from
Western Europe, North America, Japan and South Korea, and it
significantly contributed to GDP growth, created thousands of new
jobs, and completely transformed the previously existing automotive
industry in the region. This volume offers an analysis that goes
beyond uncritical celebratory accounts of this rapid growth. It is
based on original, detailed firm-level research conducted by the
author in Czechia and Slovakia between 2009 and 2015 that covered
assembly firms and the networks of component suppliers.
Theoretically and conceptually, the analysis will draw on the
global production networks and global value chains perspectives.
Drawing on the original empirical data and on additional available
information, this volume concentrates on several important
questions related to the development of the automotive industry in
ECE in the 2000s:* The role of FDI in the rapid development of the
automotive industry after 1990 and particularly in the 2000s.* The
upgrading of the automotive industry in East-Central Europe through
FDI* The position of ECE in the automotive industry research and
development (R&D)* The effects of the 2008-2009 economic crisis
in the automotive industry of ECE.* The role of state in the rapid
development of the automotive industry in ECE in the 1990s and
2000s.* The effects of FDI on domestic firms in the form of
linkages between foreign-owned and domestic firms and spillovers
from foreign-owned to domestic firms.
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