Emerging Auto Industries in a World of Global Value Chains

"There are reasons — not all of them good — that the automotive industry lies at the center of industrial policies the world over, and has since the dawn of the industry. From Argentina to Vietnam, this volume collects the stories of countries as they strive to enter and upgrade their positions in the automotive GVC at a time of profound change. It makes for fascinating reading. The volume will surely serve as a benchmark for analysis of the global automotive industry." —Timothy Sturgeon, MIT Industrial Performance Center "This book is an invaluable resource for all who are curious about the global automobile industry, especially the emerging actors from the developing world. Theoretical insights are accompanied by ten country case studies. These rich case studies offer deep empirical insights into how technological advancements, such as electrification and digitalization, are reshaping the structure and power dynamics within the global value chain. Readers are therefore equipped with a more nuanced understanding of the evolving forces transforming this industry." —Tham Siew Yean, Professor Emeritus at National University of Malaysia (UKM) “The automotive industry is one of the most globalized sectors in a world where the prospects for globalization have become extremely uncertain. It is undergoing rapid technological change. This important book is therefore especially timely. The book provides crucial theoretical inputs on questions of upgrading, technology adoption, institutions and policy, with a perspective from the Global South. It shows the tension between the objective of an integrated industry and the GVC focus on specialization, highlighting the uncertain prospects all countries face. This book can be strongly recommended to both researchers and policymakers.” —Anthony Black, Emeritus Professor, University of Cape Town This book explores issues for automotive industry development in emerging countries through the lens of Global Value Chain analysis. Today, emerging countries are the dominant producers of vehicles without having spawned any global carmaker. This volume traces this shift to illustrate industrial development dynamics. The first part features chapters devoted to the analysis of specific topics such as structural issues, actors, and policies which of industrial development. The second part features chapters that describe the development of automotive industry in selected emerging countries, including well-known and lesser-known cases. This book will provide valuable reading to those researching globalization and emerging countries, their industrialization, and the intersection of government policies and business strategy, specifically concerning the automotive industry. Lorenza Monaco (Phd SOAS, London) is a Researcher at the Institute for Innovation and Public Purpose, University College London, UK. She is also Senior Research Associate at SarchI Industrial Development, University of Johannesburg, South Africa, and part of GERPISA. She works on the political economy of industrial development in the Global South, with a focus on the automotive industry. Martin Schröder is Associate Professor at the College of Policy Science, Ritsumeikan University, Japan, and Visiting Researcher at the Research Institute of Automobile and Parts Industries, Waseda University, Japan. His research interests are regional economic integration in ASEAN, the political economy of the automotive industry, and digitalisation in the automotive industry.