The Global Restructuring of the Steel Industry: Innovations, Institutions and Industrial Change

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ISBN: 9780415148276 | 0415148278
Cover: Hardcover
Copyright: 3/16/1999

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Using case studies from USA, Japan, South Korea, Brazil and India, this work explains how and why the steel industry has shifted from the advanced capitalist countries to the late industrializing countries.

List of figures

(2)

List of tables

(2)

Foreword

xiii

(4)

Acknowledgements

xvii

1 The restructuring of the steel industry

(10)

Introduction

(1)

Explaining industrial restructuring

(6)

Outline of chapters

(3)

2 An institutional interpretation of steel industry restructuring: an analytical framework

(19)

Introduction

(1)

The restructuring issue

(9)

Technology and restructuring: an analytical framework

(7)

Conclusion

(2)

3 Technological change and crisis in the American steel industry

(27)

Introduction

(7)

Strategic adoption of new innovations

(6)

The crisis compounded

(5)

Crisis-inspired restructuring: disinvestment and institutional change

(7)

Conclusion

(2)

4 Technological change and rapid industrial development in Japan and South Korea

(25)

Introduction

(1)

State-led late industrialization

(9)

Institutional response to new innovations

(5)

Excess capacity, maturity, and Japanese restructuring

(8)

Conclusion

(2)

5 Technological change and institutional challenges in Brazil, India, and Korea

(37)

Introduction

(1)

State-led capitalist industrialization

(5)

Overcoming structural dependence

(7)

Institutional challenges to industrial restructuring

(14)

Technology diffusion and capability in Brazil, India, and Korea

109

(8)

Conclusion: institutional capacity and industrial restructuring

117

(2)

6 Technological change and the internationalization of the steel industry

119

(21)

Introduction

119

(1)

US imports and the changing international division of labor

120

(5)

Cost of production and labor productivity

125

(3)

Global realignments in the steel industry

128

(9)

Conclusion

137

(3)

7 Innovations, enterpreneurial breakthroughs, and industry restructuring

140

(29)

Introduction

140

(1)

The emergence of minimills

141

(7)

Technological breakthroughs in the non-integrated steelmaking process

148

(7)

The diffusion of new technologies and restructuring

155

(10)

Conclusion: new technologies and industrial restructuring

165

(4)

8 Interpreting technological change and industrial restructuring

169

(15)

Introduction

169

(1)

Restructuring and capitalist industrialization

170

(3)

Institutional change and restructuring

173

(4)

Technology, strategy, and the international division of labor

177

(5)

Conclusion

182

(2)

Notes

184

(16)

Appendix: institutions visited and/or contacted for data collection

200

(2)

Bibliography

202

(20)

Index

222

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The Global Restructuring of the Steel Industry: Innovations, Institutions and Industrial Change

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The Global Restructuring of the Steel Industry: Innovations, Institutions and Industrial Change

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