Globalization, industrial development and the plastics industry in South Africa

Simon Roberts

Journal of International Development, 2001, vol. 13, issue 6, 797-810

Abstract: 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.

Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:wly:jintdv:v:13:y:2001:i:6:p:797-810

DOI: 10.1002/jid.813

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