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The 1930s: Failure in Export-Oriented Development and Conservative Attitudes Towards Further Expansion

In: The House of Tata Meets the Second Industrial Revolution

Author

Listed:
  • Chikayoshi Nomura

    (Osaka City University)

Abstract

The previous chapters have showed how the Tata Iron and Steel Company (TISCO)Tata Iron and Steel Company (TISCO) made every attempt to resolve the nagging problem of low labour productivityLabour productivity from the 1910s on, the most important of which were institutional reforms and internal financing during the 1910s and switching to a direct labour management systemDirect labour management system during the 1920s, all enabling TISCOTata Iron and Steel Company (TISCO) to raise labour productivityLabour productivity and competitivenessCompetitiveness on the domestic market beginning in the mid-1920s, as shown by the total factor productivity (TFP)Total Factor Productivity (TFP) figures in Table 1.1 .

Suggested Citation

  • Chikayoshi Nomura, 2018. "The 1930s: Failure in Export-Oriented Development and Conservative Attitudes Towards Further Expansion," Studies in Economic History, in: The House of Tata Meets the Second Industrial Revolution, chapter 0, pages 251-268, Springer.
  • Handle: RePEc:spr:stechp:978-981-10-8678-6_8
    DOI: 10.1007/978-981-10-8678-6_8
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