The Diversity and Dynamics of Industrial Organisation: Transformation of Local Assemblers in the Vietnamese Motorcycle Industry

This paper focuses on an emerging arm's-length form of industrial organisation in the motorcycle industry, which had traditionally been characterised by tightly integrated form of organisation. By engaging in how this new form of organisation that emerged in China was transferred to Vietnam and evolved in the Vietnamese context, this paper seeks to illustrate how the rise of local firms in developing countries is driving the increased diversity and dynamics of industrial organisation in an industry that had previously been dominated by TNCs from developed countries.Motorcycles, industrial organisation, motorcycle industry, Asia, China, Vietnam

TECHNOLOGICAL GOVERNANCE IN ASEAN – FAILINGS IN TECHNOLOGY TRANSFER AND DOMESTIC RESEARCH

Technological governance has only been partially successful for technological upgrading in the five ASEAN countries discussed, with the exception of Singapore. This is a reflection of the fact that FDI is poorly integrated in local and national structures which severely limits the spill-over effects. The early successful export-oriented economic development is no longer viable unless policies and institutions undergo major changes. Furthermore, a continued high rate of economic growth in China, making country into the “factory of the world, is also upsetting assumptions and viability of earlier policies for technological upgrading in most ASEAN countries.technology policy; R&D; FDI

China’s Carbon-Energy Policy and Asia’s Energy Transition

This book seeks to examine the impacts associated with China’s carbon-energy policy in Asia and how, coupled with the Belt and Road Initiative, these effects prompt foreign direct investments in coal power and exports of renewable energy technologies. China shows a co-evolution of carbon-energy policy and energy transitions from coal to renewables. Assessing how the policy intensifies pressures and motivations to Chinese companies, chapters in this edited volume analyse how the policy has changed energy and CO2 emissions in Asia through the lens of carbon leakage, relocation, and halos. Contributors present in-depth studies on China’s investments and exports, and also its impacts on Indonesia, India, Vietnam, and Japan. Using applied computable general equilibrium and scenario input-output analyses, chapters investigate if regional electricity connectivity reduces new coal power investments through efficiency gain. Arguing that China is shifting from the world’s factory to the leading innovator and Asia's demand centre, it is ultimately demonstrated that China is likely to achieve climate targets whereas Asia to increase CO2 emissions and economic reliance on China. China’s Carbon-Energy Policy and Asia’s Energy Transition will be of significant interest to students and scholars of energy, environment, and sustainability studies, as well as Chinese studies and economics

Agglomeration Economies and Location Choices by Foreign Firms in Vietnam

This paper studies the effects of agglomeration economies on the location choices by foreign firms in Vietnam. By using a large dataset that provides detailed information about individual firms, the study examines the location choices by 568 newly created foreign firms in 2005 in about 150 different 4-digit industries. This is one of the few studies of agglomeration effects on the location choices by foreign investments in transition economies in general and in Vietnam in particular. The estimates of the negative binomial regression model and the conditional logit model show that agglomeration benefits motivate foreign firms in the same industries and from the same countries of origin to locate near each other. However, the empirical results also indicate that there is competition among provinces in Vietnam in attracting foreign investors, and the locations of Vietnamese firms have no effects on the location decisions by foreign firms in the same industry.Agglomeration, Location choice, Foreign direct investment

China’s Carbon-Energy Policy and Asia’s Energy Transition

This book seeks to examine the impacts associated with China’s carbon-energy policy in Asia and how, coupled with the Belt and Road Initiative, these effects prompt foreign direct investments in coal power and exports of renewable energy technologies. China shows a co-evolution of carbon-energy policy and energy transitions from coal to renewables. Assessing how the policy intensifies pressures and motivations to Chinese companies, chapters in this edited volume analyse how the policy has changed energy and CO2 emissions in Asia through the lens of carbon leakage, relocation, and halos. Contributors present in-depth studies on China’s investments and exports, and also its impacts on Indonesia, India, Vietnam, and Japan. Using applied computable general equilibrium and scenario input-output analyses, chapters investigate if regional electricity connectivity reduces new coal power investments through efficiency gain. Arguing that China is shifting from the world’s factory to the leading innovator and Asia's demand centre, it is ultimately demonstrated that China is likely to achieve climate targets whereas Asia to increase CO2 emissions and economic reliance on China. China’s Carbon-Energy Policy and Asia’s Energy Transition will be of significant interest to students and scholars of energy, environment, and sustainability studies, as well as Chinese studies and economics

The global apparel value chain, trade and the crisis : challenges and opportunities for developing countries

This paper examines the impact of two crises on the global apparel value chain: the World Trade Organization phase-out of the quota system for textiles and apparel in 2005, which provided access for many poor and small export-oriented economies to the markets of industrialized countries, and the current economic recession that has lowered demand for apparel exports and led to massive unemployment across the industry’s supply chain. An overarching trend has been the process of global consolidation, whereby leading apparel suppliers (countries and firms alike) have strengthened their positions in the industry. On the country side, China has been the big winner, although Bangladesh, India, and Vietnam have also continued to expand their roles in the industry. On the firm side, the quota phase-out and economic recession have accelerated the ongoing shift to more streamlined global supply chains, in which lead firms desire to work with fewer, larger, and more capable suppliers that are strategically located around the world. The paper concludes with recommendations for how developing countries as well as textile and apparel suppliers can adjust to the crisis.Markets and Market Access,Economic Theory&Research,Free Trade,Labor Policies,Access to Markets

Singapore's Regionalization Blueprint: The Empirics of the Case for Selective Intervention

Conference theme: Bridging with the Other: The Importance of Dialogue in International Business</p

A cluster-based industrial development policy for low-income countries

The need to construct an effective strategy for industrial development in low-income countries has been largely ignored by development economists because industrial policies have failed in many developing countries. This does not imply, however, that industrial development cannot be promoted. This paper attempts to synthesize the conventional wisdom in development economics with recent advancements in various fields of economics (such as theories of endogenous growth and agglomeration economies) to provide a useful framework to design a strategy for industrial development, which consists of investments in managerial human capital followed by the provision of credit and the construction of industrial zones.Economic Theory&Research,Labor Policies,ICT Policy and Strategies,Access to Finance,Political Economy