英语论文网

nological catch up and establish growth, strong industrialisation strategies are needed through governmental policy formation and implementation. (Sit, Victor. F.S, Liu, W, 2000).

 

As categorised by Chaudhuri (1989) cited in (Sit, Victor. F.S, Liu, W, 2000) the automotive industry in emerging markets can be described with two models. The independent, private and domestically owned industry situated at one pole such as South Korea, which through its policy control from the outset perused an industrialisation strategy that was based on exports. Carefully managing the inflow of FDI in order to gain technological and capital in turn to compete and establish a successful domestically owned industry. A different path is also available, in the foreign owned subsidiary of a MNC based industry, as is the case in Brazil, where the automotive sectors growth emerged as a result of FDI from MNC's and their interaction and co-existence with Brazilian governmental policies. The gap between the emerging “late comers” and the “developed” world's automotive positioning is too large for it to develop in isolation. Hence MNC's are going to be required for technological and capital assistance along with some form of strong state guidance in industrial policies and regulation in order to establish a competitive domestic automotive industry. In addition to this, the policies implemented by the state shapes the role and the industrialisation strategy that is followed and it itself can be further characterised using differentiating models.

 

From a historical perspective the shift away from exportation of raw materials and agriculture towards local manufacturing of products, decreasing the dependency upon imports can be viewed as a compulsory movement in order for economic development. These emerging local manufactures in order to succeed and compete against rich established foreign firms need protection and public investment in national infrastructure and supporting factors (Evans, P. 1997). This method of import substitution industrialisation (ISI) provides the description of governmental policy as a development planner or an entrepreneurial sate, where by the main focus of industrial growth and progression is to serve the domestic market. Then offering an alternative route is the role of governmental policy as the developmental state, where by export orientated industrial strategies (EOI) are implemented in order to develop the industry. As was the case in Japan, whereby public investment was made in essential infrastructure and entrepreneurial organisations, offering encouragement to make long term investments with the view to export (Evans, P. 1997). Here it can be seen that governmental policies and policy implementation plays a pivotal role in the growth of an automotive sector. These frameworks can be applied to the analysis of the Chinese automotive growth, however flexibility is required as with emerging industries, they are path dependent and therefore route used by Chinese is different to that of other national automotive systems.

 

China's rise.

 

本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。