An alternative model of development? Co-operation and flexible industrial practices in India
Going beyond the notion of macroeconomic flexibility, this paper argues that flexibility at the firm|industry level is crucial to rapid adjustment to changing economic circumstances. By examining various kinds of Japanese-type flexible industrial practices adopted by a few firms in the Indian automotive industry, I show that aside from promoting competitiveness and externalities, such practices institutionalize co-operation. Developing countries, like India, undergoing economic reforms and requiring industrial investments, need to strengthen such institutional arrangements, thereby ensuring employment security, skill development, and social stability. © 1998 John Wiley & Sons, Ltd.
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Volume (Year): 10 (1998)
Issue (Month): 3 ()
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- D'costa, Anthony P., 1995. "The restructuring of the Indian automobile industry: Indian state and Japanese capital," World Development, Elsevier, vol. 23(3), pages 485-502, March.
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