Abstract
This chapter aims to make a general historic survey of economic development and industrialization in the Latin American region. The industrialization in that region, and especially the import-substituting industrialization of manufacture of durable consumer goods such as automobiles and electrical-electronic machinery, which is the main target of our book’s consideration, cannot be discussed without mentioning the existence of transnational corporations. In the region, with a big presence of American and European enterprises and with the region’s historical and geographical relationships also reflected, those enterprises can be thought to have taken leading roles in molding and developing the automobile and electrical-electronic industries there. However, Japanese enterprises also made inroads into this field of industry from around the 1950s and 1960s. In this chapter we discuss the strategies of transnational corporations deeply involved in industrialization and its process in the region, referring to the actions of Japanese-affiliated companies as much as possible because it is the object of our book. First of all, we will look back at the period of import substitution until around the 1960s, including the historical background of industrialization. Next, we will look at the heavy chemical industrialization (the second import-substituting industrialization) which proceeded at about a fast rate around the 1960s (from the late 1950s), mainly focusing on the situation of the automobile and electrical-electronic industries.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Notes
See for example, Hosono, Akio (1983) Latin American Economy (Laten America no Keizai, in Japanese), University of Tokyo Press, p. 27, and Furtado, Celso (1976) Economic Development of Latin America: Historical Background of Contemporary Problems (Second Edition), Cambridge University Press, pp. 100–106.
See Hosono (1983) op. cit., pp. 71–72.
See Nishimukai, Yoshiaki (1981) Issues on Latin American Economic Integration (Laten America Keizai Tougouron, in Japanese), Tokyo, Japan: Yuhikaku Publishing.
See Tuman, John P. and Morris, John T. (eds) (1998) Transforming the Latin American Automobile Industry: Union, Workers, and the Politics of Restructuring, Armonk, New York: M.E. Sharpe, p. 6.
See Hosono, Akio and Tsunekawa, Keiichi (1986) Latin America — The Composition of Crisis (Laten America Kiki no Kouzu, in Japanese), Tokyo, Japan: Yuhikaku Publishing (Yuhikaku Sensyo), pp. 11–13.
Editor information
Editors and Affiliations
Copyright information
© 2013 Koji Serita
About this chapter
Cite this chapter
Serita, K. (2013). Industrialization and Transnational Corporations in Latin America. In: Yamazaki, K., Juhn, W., Abo, T. (eds) Hybrid Factories in Latin America. Palgrave Macmillan, London. https://doi.org/10.1057/9781137287007_2
Download citation
DOI: https://doi.org/10.1057/9781137287007_2
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-33155-0
Online ISBN: 978-1-137-28700-7
eBook Packages: Palgrave Business & Management CollectionBusiness and Management (R0)