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Crisis and Protection in the Automotive Industry : A Global Value Chain Perspective

Author: Timothy J Sturgeon; Johannes Van Biesebroeck; World Bank.
Publisher: Washington, D.C. : The World Bank, 2009.
Series: Policy research working papers.
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
Summary:
In this paper the authors apply global value chain (GVC) analysis to recent trends in the global automotive industry, with special attention paid to government interventions triggered by the recent economic crisis. The authors first highlight some of the defining characteristics of GVCs in this important industry, especially the unusually strong regional structure of production and sales. National political  Read more...
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Details

Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Timothy J Sturgeon; Johannes Van Biesebroeck; World Bank.
OCLC Number: 778846965
Description: 1 online resource (26 pages)
Series Title: Policy research working papers.
Other Titles: World Bank e-Library.
Responsibility: Sturgeon, Timothy J.

Abstract:

In this paper the authors apply global value chain (GVC) analysis to recent trends in the global automotive industry, with special attention paid to government interventions triggered by the recent economic crisis. The authors first highlight some of the defining characteristics of GVCs in this important industry, especially the unusually strong regional structure of production and sales. National political institutions create pressure for local content, which drives production close to end markets, where it tends to be organized nationally or regionally. They then examine policy reactions to the recent economic crisis, and provide some discussion of the government interventions in the industry. The authors end with a number of policy conclusions that highlight the likely impact of the interventions on the evolution GVCs and the growth of the industry in developing countries.

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