Studies On The Structure Of The Industrial Economy Report On Electronics

Author : Bhausaheb Ubale
Publisher :
ISBN 13 :
Total Pages : 363 pages
Book Rating : 4.:/5 (117 download)

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Download or read book The Role of the Electronics Industry in Economic Development written by Bhausaheb Ubale and published by . This book was released on 1976 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study is concerned with the examination of the role of the electronics industry in the development of developing countries. The electronics, which is a backbone of modern industrial activities, has stimulated growth in developed countries. The main aim of this study, therefore, is to test whether the consumption and production of electronics could stimulate similar growth in developing countries. With this object in view we have focused our attention upon answering two basic questions: viz., 1) What impact do electronics have on the development of the developing countries? 2) If the electronics industry were found to be vital to developing countries, do the developing countries possess the necessary resources to undertake production of electronics technology and products? The answers to these questions are presented in two parts. In Part 1, we have attempted to answer the first question using analytical techniques. We have observed that consumption and production of electronics will create technological transformation in the economy and thereby accelerate the speed of development. We have also analysed the technological characteristics of electronics and found that the continuous chain of innovations produced by the electronics industry has created significant impact on the growth of the economy via both investment and technological multiplier effects. In the light of this discussion, some general hypotheses were suggested to the effect, that the growth of the electronics industry has a significant contribution to the growth of the economy. Part II deals with providing answers to the second question which takes the form of an empirical examination of industry's structure, vertically as well as horizontally. The former deals with the economics and production aspects of the electronic products and technology at the national level, and the latter with the production at the global level. As a case study, we studied the U.K. electronics industry for an in-depth investigation into its vertical structure. For a global examination, we analysed the following aspects, such as : growth trends in selected countries, both developed and developing; the role of multinational companies in international production; their impact on the economy of a developing country; and the trends in the international consumption of electronics. On the basis of this analysis, we assessed the potentialities of the electronics industry for developing countries and found that because of the dominating position held by multinational companies in technology, production and marketing of electronic products, the prospects for developing countries to promote the growth of their own industry are extremely limited. We have, therefore, suggested a co-operative strategy on the part of the developed and developing countries to organise the production of electronics at the international level. This research has been conducted in the face of severe limitation of data and information with respect to the electronics industry. There has been a relative absence of any academic research in this industry, particularly in relation to the problems and aspirations of the developing countries to promote the growth of such industry. This industry, as we see in this thesis, is organised and operated at an international level and, consequently, any analysis of its structure assumes an international dimension. Hence, we found that a detailed and systematic examination of the electronics industry at the international level was very essential, in order to explore its potentialities for any developing country. To that end, this thesis has made, we hope, some significant contribution.