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Conclusions and Policy Implications

Sumila Gulyani

Chapter 6 in Innovating with Infrastructure, 2001, pp 165-171 from Palgrave Macmillan

Abstract: Abstract Changes in the global business environment are amplifying the impact of infrastructure on industrial performance and competitiveness. With the shift toward open markets, global trade, and internet-facilitated creation of increasingly competitive markets, firms are under pressure to enhance competitiveness. At the same time, structural changes in industrial organization – the shift from vertical integration toward complex production networks in which firms depend on each other, and the move toward lean production and just-in-time delivery systems with little room for error – make firm performance more vulnerable to poor infrastructure.128 These changes increase the cost for firms and governments of “doing nothing” about infrastructure.

Keywords: Industrial District; Infrastructure Investment; Industrial Park; Industrial User; Industrial Firm (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-51044-9_6

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DOI: 10.1057/9780230510449_6

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