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Learning to be Lean in an Emerging Economy: The Case of South Korea

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dc.creator Amsden, Alice H.
dc.creator Kang, Jong-Yeol
dc.date 2002-09-10T15:19:25Z
dc.date 2002-09-10T15:19:25Z
dc.date 1995-06
dc.date.accessioned 2013-05-31T19:05:41Z
dc.date.available 2013-05-31T19:05:41Z
dc.date.issued 2013-06-01
dc.identifier http://hdl.handle.net/1721.1/1635
dc.identifier.uri http://koha.mediu.edu.my:8181/jspui/handle/1721
dc.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.
dc.description First draft
dc.format 33830 bytes
dc.format application/pdf
dc.language en_US
dc.relation Prepared for IMVP Sponsors Meeting, Toronto, Canada;
dc.subject Balance of payments
dc.subject South Korea
dc.subject emerging economy
dc.title Learning to be Lean in an Emerging Economy: The Case of South Korea

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