TY  - BOOK
AU  - Van Biesebroeck,Johannes
AU  - Sturgeon,Timothy J.
AU  - Van Biesebroeck,Johannes
TI  - Effects of the Crisis On The Automotive Industry in Developing Countries: A Global Value Chain Perspective 
PY  - 2010///
CY  - Washington, D.C.
PB  - The World Bank
KW  - Aftermarket
KW  - Aggregate demand
KW  - Debt Markets
KW  - Domestic market
KW  - Economic Theory & Research
KW  - Emerging market
KW  - Emerging markets
KW  - Finance and Financial Sector Development
KW  - International trade
KW  - Inventories
KW  - Labor market
KW  - Labor Policies
KW  - Macroeconomics and Economic Growth
KW  - Market share
KW  - Markets and Market Access
KW  - Mass market
KW  - Microfinance
KW  - New product development
KW  - Purchasing
KW  - Sale
KW  - Sales
KW  - Social Protections and Labor
KW  - Substitute
KW  - Supplier
KW  - Suppliers
KW  - Supply contracts
KW  - Surplus
KW  - World markets
N2  - This paper applies global value chain analysis to study recent trends in the global automotive industry. The authors pay special attention to the effects of the recent economic crisis on the industry in developing countries. The principal finding is that the crisis has accelerated pre-crisis trends toward greater importance of the industry in the South. More rapid growth of car ownership is the impetus, but the co-location and close interaction of suppliers and lead firms in this industry is an important catalyst. Opportunities to move up in the value chain for suppliers in emerging economies have proliferated and are likely to become even stronger now that an increasing number of new models are developed specifically for markets in developing countries. The co-location of assembly and parts plants in national and regional production systems has largely confined the impact of sales declines during the crisis to each country/region. In addition, the different development strategies followed by countries like Mexico, China, and India are slowly converging as their industries gain size and independence
UR  - http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-5330
ER  -