Maquiladoras in the 21st century: Six strategies for success |
Abstract:
The maquiladora industry was conceived as a win-win strategic economicplatform for foreign companies and Mexican workers. The primary benefactor has been U.S. companies, which became more cost efficient by employing highly productive, lower-cost Mexican workers. However, the direct link between the U.S. economy and the corresponding employment of Mexican workers has resulted in unpredictable growth-retrenchment cycles. While the globalization of trade has grown dramatically,the maquiladoras have been slow to adapt to new trade realities, including the rise of China as a global manufacturing power. The more intense global competition and the recent financial crisis have challenged Mexico’s structural deficiencies and the maquiladora model with its focus on low-cost labor. Can the maquiladoras remain viable in this seemingly unpredictable economic environment? In this article, we provide a brief history of the maquiladoras, discuss the new external trade environment realities, and offer six strategies that can transform the maquiladoras into a sustainable economic model well into the future. |
| Keywords: |
Mexico; Maquiladoras; Free and Secure Trade (FAST); NAFTA; Customs-Trade Partnership Against Terrorism (C-TPAT); China threat |
| Author(s): |
John Hadjimarcou , Lance E. Brouthers , Jason P. McNicol, Donald E. Michie |
| Source: |
Business Horizons (2013) 56, 207—217 |
| Subject: |
بازرگانی و تجارت |
| Category: |
مقاله مجله |
| Release Date: |
2013 |
| No of Pages: |
11 |
| Price(Tomans): |
0 |
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بر اساس شرایط و ضوابط ارسال مقاله در سایت مدیر، این مطلب توسط یکی از نویسندگان ارسال گردیده است. در صورت مشاهده هرگونه تخلف، با تکمیل فرم گزارش تخلف حقوق مؤلفین مراتب را جهت پیگیری اطلاع دهید.
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