The NIC Challenge in Advanced Electronics

Ashoka Mody and David Wheeler
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Ashoka Mody: The World Bank
David Wheeler: Boston University

Chapter 3 in Automation and World Competition, 1990, pp 74-127 from Palgrave Macmillan

Abstract: Abstract We concluded in the previous chapter that garments and textiles are showing signs of “de-maturing” with the advent of microelectronics-based production, data-processing, and communications systems. It seems likely that the higher wage NIC producers will experience a squeeze as competition increasingly centers on the race between cheap robots in the West and low-wage workers in poorer nations. The more successful producers may, of course, respond by following the OECD firms into more capital- and knowledge-intensive production. Given the relative scarcity of these factors in the NICs, however, the question of appropriate focus remains open.

Keywords: Yield Curve; Yield Rate; Domestic Firm; Japanese Firm; Dynamic Random Access Memory (search for similar items in EconPapers)
Date: 1990
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DOI: 10.1007/978-1-349-11312-5_3

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