Some Effects of Globalisation on Manufacturing Practice

Attila Chikan and Krisztina Demeter

Society and Economy, 2003, vol. 25, issue 3, 321-335

Abstract: Globalisation is a fundamental and much discussed phenomenon of our days' economic development. This paper discusses its consequences in manufacturing, using the example of the Hungarian economy, where multinationals and other foreign companies play a key role. First the general nature of globalisation and its effects in Hungary are discussed. Then data from two international surveys are used to characterise manufacturing practice, comparing three groups of companies: multinationals, other foreign-owned and local companies. The consequences illustrate the important role of multinationals in bringing new technologies and managerial techniques to the country, giving an example for beneficial effects of globalisation.

Keywords: Hungary; globalisation; manufacturing strategies and practices (search for similar items in EconPapers)
Date: 2003
Note: An earlier version of this paper was presented by the second author at the 9th International EurOMA Conference in Copenhagen in June 2000.
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