Book Description

A vital electronics industry can boost a country's economic growth, provide jobs for skilled workers, and speed development in other sectors. This report shows how to build a modern and competitive electronics industry. It gives step-by-step advice on the market conditions, enterprise strategies, and government policies that can create a successful electronics sector. The editors suggest guidelines to help countries identify competitive segments of industry. They explain why prospects lie in products for industry, computers, and telecommunications. Their advice points out which products countries should focus on initially. It recommends ways to expand, once basic production and skills are established. The role government must play in developing the physical infrastructure and a skilled work force is examined and major trends in the global electronics industry are reviewed in detail. The collection focuses on semiconductors, computers, consumer electronics, and telecommunications. It examines how electronics developed in advanced industrial economies while electronics industries in selected developing economies and newly industrialized economies are also evaluated. The report explores the roles played by foreign investment and technological development. It describes key government interventions that prepared private enterprises--and labor markets--for market competition. The book points out government interventions and industry practices that hampered efficiency and growth and gives practical advice on improving public policies and boosting industry performance.