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Manufacturing is still critical to the economy United States. Clyde Prestowitz, says it's time to start realizing the positive spillovers that manufacturing creates... Read more  

Events & Activities

Stephen Olson at Chinese Development Institute Conference


 Clyde Prestowitz giving presentation to CDI...


Steve Olson teaching trade negotiations at the Mekong Institute...


Stephen Olson to speak at upcoming workshop organized by the International Institute for Trade and Development on 

"Economics of GMS Agricultural trade in goods and services towards the world market"

Chiangmai, Thailand Sep 8-12.

Manufacturing Sector

The Globalization of the Korean Automotive Industry

Alex Greenbaum and Ulrika Swanson on the Korean Auto Sector.

Of the many success stories of post-WWII industrialization, the creation of the South Korean (hereafter the Korean) automotive industry is perhaps the most remarkable. It is all the more so when one considers that the industry was created from almost nothing. However, contrary to popular belief in Korea, foreign auto firms and access to foreign markets played key roles in establishing the industry and, today, continue to maintain an ever-increasing role in ensuring its survival.

This study examines the history and growth of the Korean automotive industry. More importantly, it examines the extensive partnerships in Korea that have been forged between the domestic and foreign automotive industries. These collaborations have helped maintain Korea's success, and have been paramount to the development of its automotive sector.

Click Here to Download the Report in pdf Format

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Latest Publications

The Betrayal of American Prosperity.

The Trans-Paific Partnership and Japan.

Making the Mexian Miracle.

Industrial Policy and Rebalancing in the US and China.

The Evolving Role of China in International Institutions.


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Economic Strategy Institute

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