NOTICE: The project that is the subject of this report was approved by the Governing Board of the National Research Council, whose members are drawn from the councils of the National Academy of Sciences, the National Academy of Engineering, and the Institute of Medicine. The members of the committee responsible for the report were chosen for their special competences and with regard for appropriate balance.

This report has been reviewed by a group other than the authors according to procedures approved by a Report Review Committee consisting of members of the National Academy of Sciences, the National Academy of Engineering, and the Institute of Medicine.

This work is related to Department of the Navy Grant N00014-85-J-0094 issued by the Office of Naval Research. The United States government has a royalty-free license throughout the world on all copyrightable material contained therein.

Library of Congress Cataloging-in-Publication Data

Dispelling the manufacturing myth: American factories can compete in the global marketplace / Committee on Comparative Cost Factors and Structures in Global Manufacturing, Manufacturing Studies Board, National Research Council.

p. cm.

"May 23, 1992."

Includes bibliographical references and index.

1. United States—Manufactures. 2. Competition, International. I. National Research Council (U.S.). Committee on Comparative Cost Factors and Structures in Global Manufacturing.

HD9725.D57 1992

338.6'048'0973—dc20 92-21775

CIP