Globalization failures in a neo-liberal world: the case of FIAT Auto in the 1990s1

نویسندگان

  • Michael Dunford
  • Ray Hudson
  • Brian Haywood
چکیده

In the 1990s FIAT Auto embarked on an ambitious globalization project (Project 178). FIAT Auto's main aim was to enter new markets in emerging economies, although globalization also opened up opportunities for cost-reduction through global sourcing. The countries chosen were ones in which it was anticipated that neo-liberal programmes of economic reform advocated by international organizations, economic advisers and ruling domestic elites would result in fast economic growth. The result however was slow growth and economic crises. For FIAT Auto the consequence was a massive shortfall in anticipated sales which itself contributed to an existential financial crisis and a dramatic restructuring of the FIAT Group. This paper seeks to examine and explain these events drawing on a global value chain approach to the analysis of corporate profit and accumulation strategies.

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Labonté Identifies Key Issues for Health Promoters in the New World Order; Comment on “Health Promotion in an Age of Normative Equity and Rampant Inequality”

For over 35 years Ronald Labonté has been critically analyzing the state of health promotion in Canada and the world. In 1981, he identified the shortcomings of the groundbreaking Lalonde Report by warning of the seductive appeal of so-called lifestyle approaches to health. Since then, he has left a trail of critical work identifying the barriers to — and opportunities for —health promotion wor...

متن کامل

The Impact of Globalization of the Capital on the Soft War against the Islamic Republic of Iran

Applying the Italian school of international relation (the theory of neo Gramscian, the current research studies the globalization and cultural function of the capital. Using the concept of hegemony and related conceptual elements such as supra national capitalist class, historical bloc, global civil society, the agents in conveyance of culture and internationalization of the government, this p...

متن کامل

Framing Political Change: Can a Left Populism Disrupt the Rise of the Reactionary Right?; Comment on “Politics, Power, Poverty and Global Health: Systems and Frames”

Solomon Benatar offers an important critique of the limited frame that sets the boundaries of much of what is referred to as ‘global health.’ In placing his comments within a criticism of increasing poverty (or certainly income and wealth inequalities) and the decline in our environmental commons, he locates our health inequities within the pathology of our present global economy. In that respe...

متن کامل

Globalization as a Driver or Bottleneck for Sustainable Development: Some Empirical, Cross-National Reflections on Basic Issues of International Health Policy and Management

Background This article looks at the long-term, structural determinants of environmental and public health performance in the world system.   Methods In multiple standard ordinary least squares (OLS) regression models, we tested the effects of 26 standard predictor variables, including the ‘four freedoms’ of goods, capital, labour and services, on the following indicators of sustainable develop...

متن کامل

The Evaluation and Analysis of Globalization Components in a City (Case Study: Metropolis of Mashhad)

Globalization has been mainly based on the initiatives and new demands of hegemonic capitalism system and its general outcome has been a transition from 20th century industrial society to 21st century information society and building relative integrity in the system of traditional relations between countries, cities and creation of network world. The result of globalization in the cities of thi...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2007