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Author: John Sutton
Publisher: OUP Oxford
ISBN: 0191644617
Category : Political Science
Languages : en
Pages : 144
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Book Description
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.
Author: John Sutton
Publisher: OUP Oxford
ISBN: 0191644617
Category : Political Science
Languages : en
Pages : 144
Get Book Here
Book Description
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.
Author: Xavier Cirera
Publisher: World Bank Publications
ISBN: 1464811849
Category : Business & Economics
Languages : en
Pages : 268
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Book Description
Since Schumpeter, economists have argued that vast productivity gains can be achieved by investing in innovation and technological catch-up. Yet, as this volume documents, developing country firms and governments invest little to realize this potential, which dwarfs international aid flows. Using new data and original analytics, the authors uncover the key to this innovation paradox in the lack of complementary physical and human capital factors, particularly firm managerial capabilities, that are needed to reap the returns to innovation investments. Hence, countries need to rebalance policy away from R and D-centered initiatives †“ which are likely to fail in the absence of sophisticated private sector partners †“ toward building firm capabilities, and embrace an expanded concept of the National Innovation System that incorporates a broader range of market and systemic failures. The authors offer guidance on how to navigate the resulting innovation policy dilemma: as the need to redress these additional failures increases with distance from the frontier, government capabilities to formulate and implement the policy mix become weaker. This book is the first volume of the World Bank Productivity Project, which seeks to bring frontier thinking on the measurement and determinants of productivity to global policy makers.
Author: Richard Schmalensee
Publisher: Elsevier
ISBN: 0444824359
Category : Business & Economics
Languages : en
Pages : 943
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Book Description
Annotation This is Vol 3 of the Handbook of Industrial Organization series (HIO). Vols 1 & 2 published simultaneously in 1989 under the editorship of Richard Schmalensee and Robert Willig. Many of the chapters in these successful volumes were widely cited and appeared on graduate reading lists, and some continue to appear even recently. Since the first volumes published, the field of industrial organization has continued to evolve. As the editors acknowledge in the Preface, these volumes had some gaps and this new volume aims to fill some of those gaps. The aim is to serve as a source, reference and teaching supplement for industrial organization, or industrial economics, the microeconomics field that focuses on business behavior and its implications for both market structures and processes, and for related public policies. The first two volumes of the HIO appeared at roughly the same time as Jean Tirole's book The Theory of Industrial Organization. Together they helped revolutionize the teaching of industrial organization, and provided a state-of-the-art summary. Tirole's book is concerned with the relevant theory, and several reviewers noted that the first two volumes of HIO contained much more discussion of the theoretical literature than of the empirical literature. In most respects, this imbalance was an accurate reflection of the field. Since then, the empirical literature has flourished, while the theoretical literature has continued to grow, and this new volume reflects that change of emphasis. *Part of the renown Handbooks in Economics series *Chapters are contributed by some of the leading experts in their fields. *A source, reference and teaching supplement for industrial organizations, or industrial economicists.
Author: Johan Swinnen
Publisher: Cambridge University Press
ISBN: 1107025915
Category : Business & Economics
Languages : en
Pages : 341
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Book Description
This book offers the first theoretical analysis of the determination of quality standards and their effects along the value chain.
Author: Jeffrey Furman
Publisher: Emerald Group Publishing
ISBN: 1787432572
Category : Business & Economics
Languages : en
Pages : 405
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Book Description
Despite recent advances in our understanding of how innovation and entrepreneurship impact the creation and appropriation of value, numerous questions remain unanswered. This volume draws together scholars working at the forefront of entrepreneurship-, strategy-, and innovation-related domains to explore these questions.
Author:
Publisher: World Bank Publications
ISBN: 2004050411
Category :
Languages : en
Pages : 59
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Book Description
Author: Andrea Ciani
Publisher: World Bank Publications
ISBN: 1464815585
Category : Business & Economics
Languages : en
Pages : 187
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Book Description
Economic and social progress requires a diverse ecosystem of firms that play complementary roles. Making It Big: Why Developing Countries Need More Large Firms constitutes one of the most up-to-date assessments of how large firms are created in low- and middle-income countries and their role in development. It argues that large firms advance a range of development objectives in ways that other firms do not: large firms are more likely to innovate, export, and offer training and are more likely to adopt international standards of quality, among other contributions. Their particularities are closely associated with productivity advantages and translate into improved outcomes not only for their owners but also for their workers and for smaller enterprises in their value chains. The challenge for economic development, however, is that production does not reach economic scale in low- and middle-income countries. Why are large firms scarcer in developing countries? Drawing on a rare set of data from public and private sources, as well as proprietary data from the International Finance Corporation and case studies, this book shows that large firms are often born large—or with the attributes of largeness. In other words, what is distinct about them is often in place from day one of their operations. To fill the “missing top†? of the firm-size distribution with additional large firms, governments should support the creation of such firms by opening markets to greater competition. In low-income countries, this objective can be achieved through simple policy reorientation, such as breaking oligopolies, removing unnecessary restrictions to international trade and investment, and establishing strong rules to prevent the abuse of market power. Governments should also strive to ensure that private actors have the skills, technology, intelligence, infrastructure, and finance they need to create large ventures. Additionally, they should actively work to spread the benefits from production at scale across the largest possible number of market participants. This book seeks to bring frontier thinking and evidence on the role and origins of large firms to a wide range of readers, including academics, development practitioners and policy makers.
Author: Supravat Bagli
Publisher: Springer Nature
ISBN: 9811641811
Category : Business & Economics
Languages : en
Pages : 441
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Book Description
This book covers a wide range of the issues in development studies. Recognizing the existence of manifold challenges in achieving and sustaining economic development, it is divided into four sections—(i) The Macroeconomy: Foreign Trade, Structural Transition and the Environment, (ii) Health and Standard of Living, (iii) Education, Human Capital and Evolution of the Employment Quality in India, and (iv) Banking and Credit: Access, Efficiency and Stability. The book brings together a right mix of senior and young economists who use cutting edge econometric techniques and/ or revisit a perennial question with much sharper focus and tools to unravel insights that are important and will inform tomorrow’s theorisation and policy making. The volume looks at important questions like spatial concentration of low infant and child health outcomes, trade liberalisation and export quality, intergenerational occupational mobility, multidimensional poverty incidence in rural India, robustness of the banking sector, to name a few. To do so, the contributions use novel and esoteric methods like machine learning, spatial econometrics, system GMM, quintile regression and counterfactual decomposition (QRCD), and so on. The rich collection holds importance for researchers and policy makers alike, and also for practitioners working in different developmental sectors..
Author: Daniel Lederman
Publisher: World Bank Publications
ISBN: 0821365460
Category : Nature
Languages : en
Pages : 396
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Book Description
'Natural Resources: Neither Course nor Destiny' brings together a variety of analytical perspectives, ranging from econometric analyses of economic growth to historical studies of successful development experiences in countries with abundant natural resources. The evidence suggests that natural resources are neither a curse nor destiny. Natural resources can actually spur economic development when combined with the accumulation of knowledge for economic innovation. Furthermore, natural resource abundance need not be the only determinant of the structure of trade in developing countries. In fact, the accumulation of knowledge, infrastructure, and the quality of governance all seem to determine not only what countries produce and export, but also how firms and workers produce any good.
Author: Fadil Sahiti
Publisher: Springer
ISBN: 3030148211
Category : Business & Economics
Languages : en
Pages : 368
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Book Description
This book contributes to the microeconomics of growth among SMEs in less-developed countries. It begins with an overview of the Kosovo economy, and takes the case of Kosovo to explore the dynamics and determinants of firm growth. The author does this by exploring dynamics of firms' creation; survival and exit; organisational capabilities of firms; and looks at how external (environmental) factors affect firms' growth. The author pays special attention to innovation capabilities. This study makes a major contribution to European Studies by dealing for the first time with economic development in Kosovo. This book will be of relevance to development specialists including policy makers, researchers, consultants, students, and field staff of donor organisations active in Kosovo, the wider Balkan region and other low-income countries. It will also be of value to policy makers working in fields of economic development, entrepreneurship, industrial policy and innovation policy, and European and EU studies.
