National Competitiveness and Economic Growth: The Changing Determinants of Economic Performance in the World Economy (New Horizons in Institutional and Evolutionary Economics series) - Hardcover

Hämäläinen, Timo J.

Hardcover

ISBN 10: 1840644540 ISBN 13: 9781840644548

Publisher: Edward Elgar Publishing Ltd, 2003

Synopsis

The current paradigm shift in the world economy is challenging the traditional competitiveness and growth theories with their few explanatory variables. This book offers a more holistic framework to synthesise the key findings of the various branches of competitiveness and growth research.

The author illustrates this framework with a new long wave theory of socio-economic development. This theory emphasises the competitiveness and growth benefits of rapid structural adjustment in the rapidly changing techno-economic environment. Based on thorough analysis the author argues that both markets and governments have become less efficient due to the current transformation of the world economy. His empirical data from 22 OECD countries in the 1980s and 1990s illustrates that efficiency and growth-oriented governments have significantly contributed to their countries' economic success.

National Competitiveness and Economic Growth will furnish its readers with a better understanding of the interdependencies of many important but seemingly unrelated aspects of modern economies and societies, for example the dynamics of business and technology, and cultural and institutional change. It will appeal to economists, business professionals and policymakers with a special interest in the competitiveness and growth of firms and national economies as well as the long-term development of socio-economic systems.

About this title

About the Author

Timo J. Hämäläinen, Sitra Fellow, the Finnish Innovation Fund, Finland

Edition details

• Publisher: Edward Elgar Publishing Ltd
• Publication date: 2003
• Language: English
• ISBN 10: 1840644540
• ISBN 13: 9781840644548
• Binding: Hardcover
• Number of pages: 400