The globalization of product markets and immiserizing growth: lessons from the South African furniture industry

Kaplinsky, Raphael, Morris, Mike and Readman, Jeff (2002) The globalization of product markets and immiserizing growth: lessons from the South African furniture industry World Development, 30 (7). pp. 1159-1177. ISSN 0305-750X

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Abstract

The central issue addressed in this paper is whether some developing countries will find it difficult to compete effectively in global product markets and will therefore be locked into processes of immiserizing growth. It focuses on the role of South African producers in the global furniture value chain, analyzing the factors affecting firm upgrading, particularly the role of global buyers. The paper observes a global industry characterized by increased competition and falling unit prices, with local firms dependent on a falling exchange rate. It concludes with implications for policy and future research, including generalizing the findings to other sectors and countries.

Item Type: Journal article
Subjects: L000 Social Sciences > L100 Economics > L160 International economics and trade
DOI (a stable link to the resource): 10.1016/S0305-750X(02)00029-3
Faculties: Brighton Business School > Centre for Research in Innovation Management
Depositing User: editor centrim
Date Deposited: 21 Nov 2006
Last Modified: 10 Jun 2013 13:15
URI: http://eprints.brighton.ac.uk/id/eprint/873

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