Comparing Capitalist Economies: Performance and Control of Sectors - Hardcover

Hollingsworth, J. Rogers

Hardcover

ISBN 10: 019507968X ISBN 13: 9780195079685

Publisher: Oxford University Press Inc, 1994

Synopsis

This comparative analysis of the coordination and control of industries in North America, Japan, and Western Europe challenges neo-classical economists' assumptions about the efficaciousness of market mechanisms as a means of enhancing economic performance. The authors also explore variation in state policies in the governance of internationally competitive industries (automobiles, chemicals, consumer electronics, and steel, for example) and demonstrate how variation in state policies influences the economic performance of industrial sectors. The authors argue that tightly controlled sectors outperform their less-regulated counterparts in the world economy.

About this title

Synopsis

A comparative analysis of the way states intervene in sectoral economies, which explains how this affects economic growth. The book challenges economists' assumptions by arguing that tightly-controlled economies frequently out-perform their less-regulated counterparts.

Edition details

• Publisher: Oxford University Press Inc
• Publication date: 1994
• Language: English
• ISBN 10: 019507968X
• ISBN 13: 9780195079685
• Binding: Hardcover
• Number of pages: 325