The Motor vehicle industry in Asia a study of ancillary firm development

The development of machinery industry (or more broadly, of metal-working industry) is a necessary condition for industrialization. Although the industry had long ceased to be the front runner in technological progress, it is doubtful if a developing economy can achieve industrialization without ever...

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Bibliographic Details
Corporate Author: Council for Asian Manpower Studies
Other Authors: Odaka, Konosuke 1935-
Format: Book
Language:English
Published: Singapore Published for Council for Asian Manpower Studies by Singapore University Press 1983
©1983
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Summary:The development of machinery industry (or more broadly, of metal-working industry) is a necessary condition for industrialization. Although the industry had long ceased to be the front runner in technological progress, it is doubtful if a developing economy can achieve industrialization without ever acquiring the basic technology of metal- working. Especially when a country aims at import substitution and/or export promotion in manufacturing, some degree of maturity in machine production seems essential regardless of the specific pattern of industrial development (see UNIDO 1969, and Pack and Todaro 1969 for a similar view). In order to carry out day-to-day manufacturing operations with no interruption, the economy must be capable of supplying basic tools and equipment, various machine parts and components as well as mainte- nance and repairing services. Historically, many follower countries in industrialization have nurtured the industry by installing domestic content programs of one kind or another. The economic significance of the growth
Physical Description:xxv, 419 pages illustrations 24 cm
Bibliography:Bibliography: p. 419.
ISBN:9971690578
9789971690571