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Author: Douglass C. North Publisher: Cambridge University Press ISBN: 9780521397346 Category : Political Science Languages : en Pages : 164
Book Description
An analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies is developed in this analysis of economic structures.
Author: Douglass C. North Publisher: Cambridge University Press ISBN: 9780521397346 Category : Political Science Languages : en Pages : 164
Book Description
An analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies is developed in this analysis of economic structures.
Author: Richard Woodward Publisher: Routledge ISBN: 1134194420 Category : Political Science Languages : en Pages : 213
Book Description
The Organisation for Economic Co-operation and Development (OECD) is one of the least written about and least understood of our major global institutions. This new book builds a well-rounded understanding of this crucial, though often neglected, institution, with a range of clearly written chapters that: outline its origins and evolution, bringing its story fully up-to-date present a clear framework for understanding the OECD set the institution within the broader context of global governance outline key criticisms and debates evaluate its future prospects. Given the immense challenges facing humanity at the start of the 21st century, the need for the OECD as a venue where the world’s leading states can discuss, on an informal and ongoing basis, the conundrums of globalization has never been greater. The clarity and rigour of these chapters cut through the layers of misunderstanding and misconception that surround the OECD, often dismissed as a ‘rich-man’s club’, ‘a think-tank’ and ‘a consultative forum’. This new book dismantles these labels to provide a holistic understanding of the organization. This concise and accessible introduction is essential reading for all students of international relations, politics and world history and affairs.
Author: Richard R. Nelson Publisher: Harvard University Press ISBN: 9780674041431 Category : Business & Economics Languages : en Pages : 456
Book Description
This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.
Author: Michael Ball Publisher: Routledge ISBN: 1317811453 Category : Business & Economics Languages : en Pages : 230
Book Description
First published in 1988, this book analyses the changes that took place in the economic organisation of the British construction industry throughout the 1970s and early 1980s, in particular considering its social and economic structure and examining the causes of its poor industrial record. Michael Ball describes how the major firms survived the economic slump between 1973 and 1982 - when construction workloads collapsed - by substantially restructuring their operations, relationships with clients, workforces and subcontractors. Detailed attention is paid to construction firms, the workers they employ, the influence of trade unionism and the role of other agencies in the building process. Reissued at a particularly challenging time for the British construction industry, this relevant and practical title will be of value to students and academics of economics and social change, as well as those on courses for construction professionals.
Author: Ronald I. McKinnon Publisher: Brookings Institution Press ISBN: 9780815718499 Category : Business & Economics Languages : en Pages : 204
Book Description
This books presents a theory of economic development very different from the "stages of growth" hypothesis or strategies emphasizing foreign aid, trade, or regional association. Leaving these aside, the author breaks new ground by focusing on the use of domestic capital markets to stimulate economic performance. He suggests a "bootstrap" approach in which successful development would depend largely on policy choices made by national authorities in the developing countries themselves. Central to his theory is the freeing of domestic financial markets to allow interest rates to reflect the true scarcity of capital in a developing economy. His analysis leads to a critique of prevailing monetary theory and to a new view of the relation between money and physical capital—a view with policy implications for governments striving to overcome the vicious circle of inflation and stagnation. Examining the performance of South Korea, Taiwan, Brazil, and other countries, the author suggests that their success or failure has depended primarily on steps taken in the monetary sector. He concludes that monetary reform should take precedence over other development measures, such as tariff and tax reform or the encouragement of foreign capital investment. In addition to challenging much of the conventional wisdom of development, the author's revision of accepted monetary theory may be relevant for mature economies that face monetary problems.
Author: Nancy L. Rose Publisher: University of Chicago Press ISBN: 022613816X Category : Business & Economics Languages : en Pages : 619
Book Description
The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.
Author: Clark Greg Publisher: OECD Publishing ISBN: 9264083537 Category : Languages : en Pages : 497
Book Description
This book identifies how development agencies and companies work, what they do and how they can collaborate and what constitutes success and value added in their efforts to achieve local economic development.
Author: Jeffrey D. Sachs Publisher: Penguin ISBN: 0143036580 Category : Business & Economics Languages : en Pages : 465
Book Description
"Book and man are brilliant, passionate, optimistic and impatient . . . Outstanding." —The Economist The landmark exploration of economic prosperity and how the world can escape from extreme poverty for the world's poorest citizens, from one of the world's most renowned economists Hailed by Time as one of the world's hundred most influential people, Jeffrey D. Sachs is renowned for his work around the globe advising economies in crisis. Now a classic of its genre, The End of Poverty distills more than thirty years of experience to offer a uniquely informed vision of the steps that can transform impoverished countries into prosperous ones. Marrying vivid storytelling with rigorous analysis, Sachs lays out a clear conceptual map of the world economy. Explaining his own work in Bolivia, Russia, India, China, and Africa, he offers an integrated set of solutions to the interwoven economic, political, environmental, and social problems that challenge the world's poorest countries. Ten years after its initial publication, The End of Poverty remains an indispensible and influential work. In this 10th anniversary edition, Sachs presents an extensive new foreword assessing the progress of the past decade, the work that remains to be done, and how each of us can help. He also looks ahead across the next fifteen years to 2030, the United Nations' target date for ending extreme poverty, offering new insights and recommendations.
Author: Douglass C. North
Author: Douglass C. North
Author: Richard Woodward
Author: Richard R. Nelson
Author: Michael Ball
Author: Douglass Cecil North
Author: Ulrich Witt
Author: Ronald I. McKinnon
Author: Nancy L. Rose
Author: Clark Greg
Author: Jeffrey D. Sachs