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E-raamat: Competing in Capabilities: The Globalization Process

(Sir John Hicks Professor of Economics, London School of Economics)
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This book offers a new perspective on the economics of globalization, based on the concepts of firms' capabilities as the immediate cause of countries' wealth. It presents new ways of looking at the way China, India, and Africa have been drawn into the global economy over the past two decades. It offers new perspectives on some of the most central questions in the current debate: What effects does the rise of China have for the advanced industrial economies? Why have some industries adapted quickly and effectively to the changing global scene, while others have not? How were the 'Transition Economies' of Eastern Europe affected by trade liberalization? How have the economic prospects of sub-Saharan African countries changed over the past decade? This analysis contributes to the recent literature on quality and trade, which is providing a new and different approach to the analysis of globalization, and which focusses on those economic mechanisms that are central to the current wave of this centuries-old phenomenon.

This book forms the basis for the author's course on Globalisation and Strategy, given to Masters students in Economics and Management at the London School of Economics.

Arvustused

Competing in Capabilities: The Globalization Process is a comprehensive, formal treatment of a new theoretical approach that introduces and emphasises the dimension of quality into a regular trade framework. Published as the authors Clarendon Lecture at Oxford University,the book succinctly coalesces ideas and themes explored by the author for some time over a number of addresses, lectures, papers and courses. * FLORIAN PLOECKL, Economic Record *

List of Figures xi
List of Boxes xiii
History and Theory 1(108)
1 Capabilities
7(34)
2 Wealth
41(13)
3 Globalization I: The Shock of Liberalization
54(23)
4 Globalization II: The Great Arbitrage
77(22)
5 Globalization III: The Moving Window
99(10)
Appendices
1.1 Solving the Model
109(2)
1.2 Properties of the Output Function
111(2)
1.3 The Viability Threshold
113(2)
1.4 Re-deriving the 'Level of Activity' Equation
115(1)
2.1 Perfect Sorting
116(2)
2.2 The Export Basket
118(2)
4.1 The Welfare Indicator for Country C
120(2)
Bibliography 122(5)
Author Index 127(2)
Subject Index 129
John Sutton is the Sir John Hicks Professor of Economics at the London School of Economics. He is the author of Marshall's Tendencies: What Can Economists Know? and lead author of the Enterprise Map series, which provides the first comprehensive account of industrial companies in selected Sub-Saharan countries.