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An alternative model of development? Co-operation and flexible industrial practices in India

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  • Anthony P. D'Costa

    (Liberal Studies Program, University of Washington, Tacoma, USA)

Abstract

Going beyond the notion of macroeconomic flexibility, this paper argues that flexibility at the firm|industry level is crucial to rapid adjustment to changing economic circumstances. By examining various kinds of Japanese-type flexible industrial practices adopted by a few firms in the Indian automotive industry, I show that aside from promoting competitiveness and externalities, such practices institutionalize co-operation. Developing countries, like India, undergoing economic reforms and requiring industrial investments, need to strengthen such institutional arrangements, thereby ensuring employment security, skill development, and social stability. © 1998 John Wiley & Sons, Ltd.

Suggested Citation

  • Anthony P. D'Costa, 1998. "An alternative model of development? Co-operation and flexible industrial practices in India," Journal of International Development, John Wiley & Sons, Ltd., vol. 10(3), pages 301-321.
    • Handle: RePEc:wly:jintdv:v:10:y:1998:i:3:p:301-321
    DOI: 10.1002/(SICI)1099-1328(199805/06)10:3<301::AID-JID423>3.0.CO;2-F
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    References listed on IDEAS

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    1. Anonymous, 1991. "The Automobile Industry," Business History Review, Cambridge University Press, vol. 65(4), pages 1-1, January.
    2. Mauricio Mesquita Moreira, 1995. "Industrialization, Trade and Market Failures," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-23698-5.
    3. D'costa, Anthony P., 1995. "The restructuring of the Indian automobile industry: Indian state and Japanese capital," World Development, Elsevier, vol. 23(3), pages 485-502, March.
    4. Sanjaya Lall, 1987. "Learning to Industrialize," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-18798-0.
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    Cited by:

    1. Okada, Aya, 2004. "Skills Development and Interfirm Learning Linkages under Globalization: Lessons from the Indian Automobile Industry," World Development, Elsevier, vol. 32(7), pages 1265-1288, July.

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