Multinationals on the periphery: DaimlerChrysler South Africa, human capital upgrading and regional economic development
PUBLICATION YEAR: 2006
TITLE AUTHOR(S): J.Lorentzen
KEYWORDS: DAIMLER CHRYSLER, MOTOR INDUSTRY
DEPARTMENT: Equitable Education and Economies (IED)
Web link: https://www.hsrcpress.ac.za/books/multinationals-on-the-periphery
Print: HSRC Library: shelf number 3721
HANDLE: 20.500.11910/6893
URI: http://hdl.handle.net/20.500.11910/6893
If you would like to obtain a copy of this Research Output, please contact Hanlie Baudin at researchoutputs@hsrc.ac.za.
Abstract
Utilising the DaimlerChrysler human resources upgrade in one of South Africa's least developed provinces as the basis, this is a well-developed case study of the relationship between human capital in host economies and international capital inflows. It describes how DaimlerChrysler upgraded human resources in its East London plant where the company manufactures the Mercedes C-Class model for export. Lorentzen explores the extent and depth of the upgrading along and beyond the automotive supply chain, and its repercussions on local education and training institutions. Finally, he analyses how foreign direct investment and local industrial development interact in the short and medium term, and hypothesises as to the possible longer-term outcomes in the absence of proper regional economic planning.-
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