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Globalization, industrial development and the plastics industry in South Africa

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  • Simon Roberts

    (Department of Economics, University of the Witwatersrand, Johannesburg, South Africa)

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    Abstract

    Through a study of the plastics sector in South Africa, the article critically examines the globalization position that greater openness yields gains from exports and foreign direct investment. Analysis of firm-level data reveals that the depth and extent of the internationalization of production depends on the production capabilities of firms and their position and bargaining power in the supply-chain. It is argued that liberalization does not necessarily mean that international relationships will be deepened and that a coherent industrial policy is important in the realization of the potential gains from such internationalization. Copyright © 2001 John Wiley & Sons, Ltd.

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    File URL: http://hdl.handle.net/10.1002/jid.813
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    Bibliographic Info

    Article provided by John Wiley & Sons, Ltd. in its journal Journal of International Development.

    Volume (Year): 13 (2001)
    Issue (Month): 6 ()
    Pages: 797-810

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    Handle: RePEc:wly:jintdv:v:13:y:2001:i:6:p:797-810

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    Web page: http://www3.interscience.wiley.com/journal/5102/home

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    1. James R. Markusen, 2004. "Multinational Firms and the Theory of International Trade," MIT Press Books, The MIT Press, The MIT Press, edition 1, volume 1, number 0262633078, December.
    2. Amsden, Alice H., 1997. "Editorial: Bringing production back in -- Understanding Government's economic role in late industrialization," World Development, Elsevier, Elsevier, vol. 25(4), pages 469-480, January.
    3. S. Baranzoni & P. Bianchi & L. Lambertini, 2000. "Market Structure," Working Papers 368, Dipartimento Scienze Economiche, Universita' di Bologna.
    4. Galeotti,Gianluigi & Salmon,Pierre & Wintrobe,Ronald (ed.), 2000. "Competition and Structure," Cambridge Books, Cambridge University Press, Cambridge University Press, number 9780521771337.
    5. Habib, Adam & Padayachee, Vishnu, 2000. "Economic Policy and Power Relations in South Africa's Transition to Democracy," World Development, Elsevier, Elsevier, vol. 28(2), pages 245-263, February.
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