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Globalization, industrial development and the plastics industry in South Africa

  • Simon Roberts

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

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    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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    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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    1. Amsden, Alice H., 1997. "Editorial: Bringing production back in -- Understanding Government's economic role in late industrialization," World Development, Elsevier, vol. 25(4), pages 469-480, January.
    2. S. Baranzoni & P. Bianchi & L. Lambertini, 2000. "Market Structure," Working Papers 368, Dipartimento Scienze Economiche, Universita' di Bologna.
    3. repec:cup:cbooks:9780521771337 is not listed on IDEAS
    4. Markusen, James R., 2002. "Multinational Firms and the Theory of International Trade," MPRA Paper 8380, University Library of Munich, Germany.
    5. Habib, Adam & Padayachee, Vishnu, 2000. "Economic Policy and Power Relations in South Africa's Transition to Democracy," World Development, Elsevier, vol. 28(2), pages 245-263, February.
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