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Dependent Growth: Foreign Investment and the Development of the Automotive Industry in East-Central Europe

Dependent Growth: Foreign Investment and the Development of the Automotive Industry in East-Central Europe PDF Author: Petr Pavlínek
Publisher: Springer
ISBN: 3319539558
Category : Business & Economics
Languages : en
Pages : 235

Book Description
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.

Dependent Growth: Foreign Investment and the Development of the Automotive Industry in East-Central Europe

Dependent Growth: Foreign Investment and the Development of the Automotive Industry in East-Central Europe PDF Author: Petr Pavlínek
Publisher: Springer
ISBN: 3319539558
Category : Business & Economics
Languages : en
Pages : 235

Book Description
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.

Globalization in State Socialist East Central Europe

Globalization in State Socialist East Central Europe PDF Author: Béla Tomka
Publisher: Springer Nature
ISBN: 3031635248
Category : Electronic books
Languages : en
Pages : 135

Book Description
This open access Palgrave Pivot explores four major aspects of globalization: foreign trade, capital and information flows, and the movement of people. The book examines how the state socialist countries of East Central Europe fit into the general trend of globalization after WWII. It focuses on three specific countries in the region: Poland, Czechoslovakia, and Hungary. The study also considers conceptual problems: whether recently introduced terms such as 'alternative globalization' and 'socialist proto-globalization' are plausible for interpreting state socialist globalization. Special attention is paid to the study of continuities and discontinuities in the process of globalization in East Central Europe, which is a key issue in current debates. This requires a long-term perspective, so the study covers not only the decades before 1989 but also subsequent developments. In doing so, the book attempts to find a balance between old and new mainstream interpretations: it recognises that East Central European societies experienced considerable globalization during the state socialist era; however, based on empirical findings, instead of 'alternative' or 'proto-' globalization, the book suggests other notions to conceptualize this process, including fragmentation, selectivity, and unevenness. Thus, the proposed understanding could also contribute to discussions on globalization beyond East Central Europe. Béla Tomka is a professor of Contemporary Social and Economic History at the University of Szeged, Hungary. He is the author of 16 books including Welfare in East and West (2004), A Social History of Twentieth-Century Europe (2013, winner of 'Outstanding Academic Title 2013 Award' by Choice, American Library Association), Austerities and Aspirations: A Comparative History of Growth, Consumption and Quality of Life in East Central Europe since 1945 (2020), and the editor of several other volumes. He is the head of the Department of Contemporary History, University of Szeged, co-founder and board member of the International Social History Association, Amsterdam, as well as leader of the History of Globalization Research Group, Budapest-Szeged, established by the Hungarian Academy of Sciences.

The Evolution of European Manufacturing Industries

The Evolution of European Manufacturing Industries PDF Author: Bolesław Domański
Publisher: Taylor & Francis
ISBN: 1040100066
Category : Business & Economics
Languages : en
Pages : 236

Book Description
The book provides a picture of the increasing significance of Central Europe and especially Poland in global production networks, discussing the underlying economic, social, and political factors. The key question it answers is to what extent the growth of production and exports results in industrial upgrading towards the manufacturing of more sophisticated high value-added products, new technologies, and the development of non-production functions, especially design and advanced service capabilities. The book shows that Central European manufacturing no longer exhibits the typical features of production activities in the periphery, in particular low density and diversity, low productivity, narrow specialisation in low value-added activities and poor local linkages, hence limited local value creation and value capture. There is still dependence on foreign-controlled enterprises in several sectors and limited product innovation, which remains a major weakness. Further, the book assesses the social consequences of the ongoing development of manufacturing capabilities in Poland and its impact on employment conditions including the quality of jobs and level of wages. The authors provide insight into relationships between globalisation processes, place-specific attributes, and current economic policies, and as such the book will be of interest to academics, policy makers and other stakeholders interested in both peripheral economies and core countries and representing various international organisations dealing with economic transition and development.

Dependent Capitalisms in Contemporary Latin America and Europe

Dependent Capitalisms in Contemporary Latin America and Europe PDF Author: Aldo Madariaga
Publisher: Springer Nature
ISBN: 3030713156
Category : Political Science
Languages : en
Pages : 282

Book Description
This book contributes to the current revival of dependency approaches for the analysis of global capitalism. Reflecting on contemporary uses of the “Dependency Research Program” (DRP) and a refined analytical toolkit, it makes two distinctive contributions to this revival: the analysis of new “situations of dependency”, and the understanding of the “mechanisms of dependency”. The individual chapters draw from a wide range of cases and data from Latin America and Europe and imbricate concepts and ideas from the DRP with those of other approaches, from post-Keynesian economics to structural economics, institutional economics, regulation theory, comparative capitalisms, business politics, economic geography and critical finance studies, providing a rich array of possibilities for virtuous inter-disciplinary cross-fertilization. This volume is a valuable contribution for those interested in understanding how global capitalism works in Latin America, Europe and beyond.

The Politics of a Disillusioned Europe

The Politics of a Disillusioned Europe PDF Author: André Liebich
Publisher: Springer Nature
ISBN: 3030839931
Category : Political Science
Languages : en
Pages : 178

Book Description
Moving from the fall of the Berlin Wall in 1989 to the present day, this book traces the trajectory of the six East Central European former satellites of the Soviet Union (Poland, Hungary, the Czech Republic, Slovakia, Romania, Bulgaria) that have joined the European Union. It seeks in particular to explain these countries’ disenchantment with the “return to Europe” in spite of their significant advances. The book proceeds country by country and then devotes chapters to some contemporary issues, such as minorities, migration, and the relations of these “new” members with the European Union as a whole. The book eschews theory and is intended for a general audience, including students at all levels in political science and history classes devoted to the EU and to contemporary Europe, and to an academic and practitioner audience interested in world affairs and the evolution of the European Union. The book strives to fill a persistent knowledge gap in the English-speaking world concerning East Central Europe, and to offer fresh insights about the region in the context of contemporary geopolitics.

Handbook on Critical Political Economy and Public Policy

Handbook on Critical Political Economy and Public Policy PDF Author: Christoph Scherrer
Publisher: Edward Elgar Publishing
ISBN: 1800373783
Category : Political Science
Languages : en
Pages : 520

Book Description
This comprehensive and stimulating Handbook examines the contribution of political economy to public policy. It provides an overview of several strands of critical political economy, supported by case studies from OECD countries, Latin America, South Africa, and South and East Asia.

The Korean Automotive Industry, Volume 1

The Korean Automotive Industry, Volume 1 PDF Author: A. J. Jacobs
Publisher: Springer Nature
ISBN: 3030863476
Category : Business & Economics
Languages : en
Pages : 418

Book Description
In 1962, South Korea assembled just 1,100 new automobiles. By 1996, this total had soared to 2,812,714. What explains this remarkable growth? The answer is complex, and involves a combination of a supportive State, timely technology alliances, a skilled but historically low-paid workforce, aggressive pricing, savvy entrepreneurs, and fortuitous circumstances. Despite this amazing ascent, comparatively little has been written about the Korean auto industry in English. In the first of a two-volume set, this 11-chapter book seeks to help fill this void by providing in-depth examinations of all six of Korea’s automakers from their beginnings through 1996. Uniquely written from the perspective of industry analysts at the time (without knowledge of the Asian Fiscal Crisis), the book should prove informative to practitioners, scholars, and students interested in automotive history, international political economy, Asian studies, and more.

The Middle-Income Trap in Central and Eastern Europe

The Middle-Income Trap in Central and Eastern Europe PDF Author: Yaman Kouli
Publisher: Berghahn Books
ISBN: 1805393952
Category : Political Science
Languages : en
Pages : 258

Book Description
Since the 1990s, the economic development of Central and Eastern Europe has maintained high economic growth rates, seemingly leading to an era of prosperity. This very positive vision of future economic success, linked to current political backlash and a long history of economic adversity, is a thin veil of the economic “way west” for so-called transition countries. The Middle-Income Trap in Central and Eastern Europe examines the reality of the diminishing marginal utility of further international investments alongside the pitfalls of higher government spending to cultivate innovation which ultimately makes foreign capital less attractive. In this volume authors from diverse disciplinary perspectives reflect on current debates surrounding the developmental bottlenecks in East-Central Europe. Their common goal is to analyze the manner of socio-economic transformation, question of the relevance and impact of the “middle-income trap” and identify possible ways to escape it.

The Automotive Industry and European Integration

The Automotive Industry and European Integration PDF Author: A. J. Jacobs
Publisher: Springer
ISBN: 303017431X
Category : Business & Economics
Languages : en
Pages : 449

Book Description
This book chronicles the divergent growth trends in car production in Belgium and Spain. It delves into how European integration, high wages, and the demise of GM and Ford led to plant closings in Belgium. Next, it investigates how lower wages and the expansion strategies of Western European automakers stimulated expansion in the Spanish auto industry. Finally, it offers three alternate scenarios regarding how further EU expansion and Brexit may potentially reshape the geographic footprint of European car production over the next ten years. In sum, this book utilizes history to help expand the knowledge of scholars and policymakers regarding how European integration and Brexit may impact future auto industry investment for all EU nations.

The Political Economy of Eastern Europe 30 years into the ‘Transition’

The Political Economy of Eastern Europe 30 years into the ‘Transition’ PDF Author: Agnes Gagyi
Publisher: Springer Nature
ISBN: 3030789152
Category : Political Science
Languages : en
Pages : 279

Book Description