EAN: 9783319539546

DEPENDENT GROWTH FOREIGN INVESTMENT AND THE DEV...

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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