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Self-Promotion



Dear Friends:

My book on the steel industry is out, titled "The Global Restructuring of
the Steel Industry: Innovations, Institutions and Industrial Change",
London: Routledge (Routledge series in International Business and the
World Economy).

It's an expensive book so I hope you will encourage your libraries to
acquire a copy.  I would like to thank the pen-l crowd for the quiet
inspiration (I myself have been a lurker mostly) for the past several
years.

Here's the standard publishers blurb:

The steel industry is one of many major world industries extensively
restructured in this era of globalization.  The book explains how and why
the steel industry has shifted from advanced capitalist countries to late
industrializing countries.

Drawing upon case studies of the steel industry in the US, Japan, South
Korea, Brazil and India, he examines the relationship between industrial
change and institutional responses to technological diffusion.  He reveals
that governments' and firms' differing responses to innovations lead to an
uneven diffusion of technology and industrial reorganization.  Moreover,
when it becomes clear that existing institutional arrangements no longer
serve the industry well, new arrangements are made which allow for
innovative behaviour.  Often this has created opportunities for
technological "leapfrogging" and the emergence of new technologies in
unexpected places.  The steel industry has consequently known a new
dynamism and the open-ended nature of capitalist competition has been
firmly underscored.

The "Global Restructuring of the Steel Industry" is a timely addition to
the literature of world industries and offers valuable insights into the
new dynamics of industrial capitalism in the globalized age.

The Foreword is written Dr. Amiya Kumar Bagchi, Reserve Bank of India
Professor, Centre for Studies in Social Sciences, Calcutta.

TABLE OF CONTENTS

1 The restructuring of the steel industry
	Introduction
	Explaining industrial restructuring
	Outline of chapters

2 An institutional interpretation of steel industry restructuring: an
analytical framework
	Introduction
	The restructuring issue
	Technology and restructuring: an analytical framework
	Conclusion

3 Technological change and crisis in the American steel industry
	Introduction
	Strategic adoption of new innovations
	The crisis compounded
	Crisis-inspired restructuring: disinvestment and institutional
	change
	Conclusion

4 Technological change and rapid industrial development in Japan and South
Korea
	Introduction
	State-led late industrialization
	Institutional response to new innovations
	Excess capacity, maturity, and Japanese restructuring
	Conclusion

5 Technological change and institutional challenges in Brazil, India, and
Korea
	Intrduction
	State-led capitalist industrialization
	Overcoming structural dependence
	Institutional challenges to industrial restructuring
	Technology diffusion and capability in Brazil, India, and Korea
	Conclusion: institutional capacity and industrial restructuring

6 Technological change and the internationalization of the steel industry
	Introduction
	US imports and the changing international division of labor
	Cost of production and labor productivity
	Global realignments in the steel industry
	Conclusion

7 Innovations, entrepreneurial breakthroughs, and industry restructuring
	Introduction
	The emergence of minimills
	Technological breakthroughs in the non-integrated steelmaking
	process
	The diffusion of new technologies and restructuring
	Conclusion: new technologies and industrial restructuring

8 Interpreting technolgical change and industrial restructuring
	Introduction
	Restructuring and capitalist industrialization
	Institutional change and restructuring
	Technology, strategy, and the international division of labor
	Conclusion


Anthony P. D'Costa
Associate Professor
Comparative International Development
University of Washington
1900 Commerce Street
Tacoma, WA 98402, USA

Phone: (253) 692-4462
Fax :  (253) 692-5612




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