Реклама. ООО «ЛитРес», ИНН: 7719571260.
Dedication
Epigraph
African Continent Map
Preface
Introduction
Chapter 1 — What is Industrialization?
Chapter 2 — Why Industrialize Sustainably?
Chapter 3 — Why Automobile Production?
Chapter 4 — How to Sustainably Industrialize Automobile Production, In 10 Steps
Chapter 5 — Exemplars of Automotive Industrialization in Emerging Markets
Chapter 6 — Making Strong Progress at Automotive Industrialization in Emerging Markets
Chapter 7 — Works-in-Progress: Automotive Industrialization in Emerging Markets
Chapter 8 — Best Practices Summary
Chapter 9 — Regional Focus: Location, Location, and Location
South Africa
Morocco
Kenya
Ghana
Ethiopia
Nigeria
Chapter 10 — The Right Products
Chapter 11 — The Right Operating Structure
Chapter 12 —Local Government Support
Chapter 13 — Financing
Chapter 14 — Risks & Mitigation
Chapter 15 — Call to Action
Acknowledgments
Glossary
About the Author
Notes
Bibliography
Index
“The way to significantly improve your life is to increase the demand for your labor.”
-As heard on CBS "This Morning," 2 March 2017
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As the company becomes more efficient and successful, it can offer even greater varieties and quantities of desirable products to the local customer and the export market. That’s right, not only can local demand be met without importing, but companies that efficiently build quality product can access the export market. The business grows, the virtuous cycle repeats, and the community benefits. Successful businesses consistently create two things: employees who want to buy things (consume), and employees who recognize other needs in the marketplace and are motivated to start businesses themselves. This yields more entrepreneurs, more jobs, more saving, more consumption, and more economic benefits to the community and nation.
Henry Ford famously benefitted from this principle in the early 1900s in Detroit, when he doubled the wages of the workers in his car assembly plants from $2.25 to $5 per day.7 While the increase was primarily to increase employee loyalty and reduce turnover, it is hard to argue that it did not have a positive impact on the number of employees who were then able to become car owners. While the Ford wage increase seems sizable at twofold, moving from a retail sales or commodity-based local economy to an industrial economy can enable even higher multiples of wage increases, and for a greater number of people. The higher the skill level, typically, the higher the wages. “The way to significantly improve your life is to increase the demand for your labor,” as heard on the news show "CBS This Morning." Work that creates more value demands more wages. Higher employment levels and higher incomes lead to higher consumption. Higher consumption leads to greater demands for goods and services, which leads to additional opportunities for entrepreneurs, business leaders, and investors.
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