Topic: Theresa May’s government in the U.K. and Donald Trump’s new administration in the U.S. have been attempting to respond to national concerns about the negative effects of economic globalization on the working classes in their countries.

Order Description
Theresa May’s government in the U.K. and Donald Trump’s new administration in the U.S. have been attempting to respond to national concerns about the negative effects of economic globalization on the working classes in their countries. In particular, they have been using a series of “carrots” (incentives) and “sticks” (threats), to try to convince auto-makers to maintain, and even expand, their industrial operations within the U.S. and U.K. borders.
Michael Porter sees an important role for government involvement in supporting key industries, especially those that form the heart of what he calls industrial “clusters” But would he approve or disapprove of May and Trump’s recent efforts to retain and strengthen the automotive clusters in their countries? What policies might he advise them to follow?
Please write a 2,000 word research paper on this topic, in which you should do the following,
. 1.) Describe the recent history of automotive clusters in the U.S. and U.K., and the Trump and the May governments’ recent efforts to maintain and expand the automotive industry in their countries.

. 2.) Describe Michael Porter’s theories in his seminal 1998 article “Clusters and the New Economics of Competition.” What role do clusters play in national economic development, according to Porter, and what does he see as the proper role for government to play in helping to foster the “competitive advantage” of these clusters?

. 3.) Applying Porter’s theories to the recent efforts of the Trump and May governments in the U.S. and U.K., assess how Porter would judge these efforts. Would he approve of May and Trump’s recent efforts? What further, or alternative, course of action might he advise?

This is an assignment requiring quite a bit of research. Be sure to engage with quality sources in undertaking your research for this paper. You will want to access peer-reviewed academic journal articles on the following topics: clusters, competitive advantage, government industrial policy, and the structure and internationalization of the automotive industry. In researching the May and Trump government’s recent efforts, be sure to rely on quality new sources (ie., the Financial Times, BBC, Wall Street Journal, New York Times, Independent, Guardian, Washington Post, Economist magazine, etc..). Your reference list should contain at least 15-20 additional sources, beyond the 1998 Porter article.

Your essay should have an introduction and a conclusion, and clearly marked subsections. It should be spell checked and grammar checked. It should include Harvard style in-text references for all cited works, and a reference list at the end.