Please use this identifier to cite or link to this item:
http://dspace.mediu.edu.my:8181/xmlui/handle/1721.1/1635| Title: | Learning to be Lean in an Emerging Economy: The Case of South Korea |
| Keywords: | Balance of payments South Korea emerging economy |
| Issue Date: | 1-Jun-2013 |
| Description: | Balance of payments considerations have driven the
automobile industry strategies of many late-industrializing
countries such as Thailand, Mexico, and Malaysia. These
countries do not intend to become leading suppliers in the
world automobile industry but rather, have designed (if only
by default) their assembly and parts operations with a view
towards protecting their balance of payments. Because an
automobile is a high-value import, and because demand for
automobiles rises steeply as per capita income rises, free
importation of automobiles often hurts a young economy's
balance of payments. Therefore, virtually all lateindustrializing
countries have some intention of developing a
production capability in autos in order to protect the supply
of and demand for foreign exchange. First draft |
| URI: | http://koha.mediu.edu.my:8181/jspui/handle/1721 |
| Other Identifiers: | http://hdl.handle.net/1721.1/1635 |
| Appears in Collections: | MIT Items |
Files in This Item:
There are no files associated with this item.
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.