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What is Upgrading the Philippine Auto Value Chain about?

This document summarizes changes in the global automotive industry in the 1990s. Rapid growth between 1990 and 1997 came largely from emerging markets rather than traditional regions. However, some emerging markets saw substantial downturns following the Asian financial crisis. Globalization led to more regional production systems and opportunities for developing countries linked to major regions. Relationships between automakers and suppliers changed, with a preference for using the same global suppliers.

Author

Peter Samy

Language

EN