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Books > Business & Economics > Industry & industrial studies > General
Cultural Economics and Cultural Policies offers a unique guide to the state of the art in cultural economics. First, it alerts scholars and students to the necessity for careful definition and measurement of the cultural sector'. Second, it affords examples of how economic analysis can shed light on the motivation of creative and performing artists and of artistic enterprises. Third, Cultural Economics and Cultural Policies widens the discussion of public policy towards the arts beyond general economic appraisal of arguments for government financial support. It does so by considering the government's role in defining property rights in artistic products and in regulating as well as financing the arts; examining how the criteria for government support are actually applied. Cultural Economics and Cultural Policies will be of interest to economists, students and policy makers.
Little discussion about "globalization" has concerned one of the
truly global forces--the management of multi-national and large
domestic corporations--and the significance of modern management
practices for workers in the developing world. This book examines
the nature of work in the modern corporate sector in Turkey with
special reference to three industries, white goods, cars and
textiles. Based on extensive interviews, it questions some common
assumptions in the modern western social science literature,
especially in North America and Britain.
What has dictated the rate and direction of technological change? How central has it been to industrial progress? How has it related to other determinants of economic growth and development?In Technology and Industrial Progress, Nick von Tunzelmann examines theoretical views on the nature and contribution of technology, and the empirical evidence from the major industrializing countries from the eighteenth century to the present day. The experiences of countries regarded in their time as the leaders of industrialization - Britain in the eighteenth century, the United States in the nineteenth century and Japan in the twentieth century - are critically compared by the author. The following chapters study the transfer of each of these patterns of technology and growth to later industrializers, such as continental Europe, the Soviet Union, and today's newly industrializing countries. Adopting approaches drawn from evolutionary economics, Dr von Tunzelmann links micro-level phenomena relating to individual firms and technologies to macro-level outcomes as reflected in economic growth and development. This long-awaited book is exceptional both in the range of countries surveyed and the breadth of topics analysed, encompassing changes in production processes, products and marketing, management and finance.
Fisher expertly describes and analyzes the growing non-governmental movement throughout the Third World in relation to the global issue of sustainable development, highlighted by the recent Rio Conference. An estimated 200,000 or more indigenous NGOs (non-governmental organizations) at both the grassroots and intermediary levels help fill the void created by the failure of governments to adequately address the escalating, intertwined crises of poverty, environmental degradation, and population. NGOs, a number of which Fisher examines in detail, address the myriad problems associated with dire poverty, environmental destruction, pervasive unemployment, and the grinding exploitation of women. The stimulus to action and group effort is typically the basic need for life's fundamentals--food, shelter, and safety. Fisher points out, however, that NGOs focusing on population have grown less rapidly than those concentrating on enterprise development and/or environmental degradation. Fisher identifies the core abilities within and among NGOs that help them develop effective short-term strategies and also enhance their institutional sustainability in the long run. She demonstrates that this grassroots movement is a vital, growing force in the vast majority of Third World countries, with the potential to undermine the politics of repression and inequality. The international importance of NGOs is increasingly evident, given their ability to network and support one another. Fisher offers a comprehensive, insightful, and substantive assessment of what may be the most hopeful institutional resource available for the sustainable development of the Third World and, therefore, our ultimate survival as a species.
This second edition of The Limits to Certainty has been thoroughly revised and edited. A new chapter on Facing Social Uncertainty' has been added, while the section on Value and Time in the Service Economy: The Notion of Utilization' has been extended in order to include the conclusions of recent research conducted by the authors on the subject of waste prevention on the product level, i.e. making a better use of resources during the utilization of goods. The key to economic progress has always been the better allocation of resources, and the majority of resources available today are in the form of service activities. In order to measure and exploit such resources, one needs a theoretical frame of reference based on the notions of risk and uncertainty, rather than on the 'certain' equilibrium of the present economic system. Service means performances, in real periods of time, which means that the identification of values must be based on probabilities: the assessment of the probability and cost of a distribution of events in the future. The Limits to Certainty, with a Preface by Ilya Prigogine and a Foreword by Alexander King, is thus about the economic foundations of the Service Economy. The Limits to Certainty is published under the auspices of the Club of Rome and is, in fact, a follow-up to a report published by the Club in 1980, Dialogue on Wealth and Welfare, in which is was proposed that the limits to growth were the limits of a specific type of economic growth that had successfully been developed voer a period of two centuries. This earlier report went on to propose that a new economic growth needed to integrate economic and ecological factors, in practice as well as in theoryand therefore revise the notion of economic value. This economic transition developed parallel to a growing movement at a more fundamental philosophical level favoring indeterminism against determinism: the notions of risks and uncertainty are increasingly considered as the realm of the new challenges, as compared to a perception - typical of the deterministic era - according to which risk and uncertainty reflect a level of imperfect knowledge' which science would or should eliminate: a positive versus a negative connotation of risk and uncertainty.
The authors of this book link productivity change, trade competitiveness, networks of interaction and cooperation and income growth in developing Asian countries with the complex evolutionary processes of economic development and international trade. They take an innovative approach to simulating the complex micro-dynamics of competitiveness in order to distinguish those trade-related microeconomic dynamics and institutional reforms vital to leading countries out of institutional and poverty traps.Real competitiveness changes in six countries (Bangladesh, India, Indonesia, Nepal, Pakistan and Thailand) are measured from 1991 to 2000 with detailed international export unit value comparisons, to detect structural changes towards technology and knowledge intensive goods in trade patterns. No significant structural change was detected in the six countries during that period. Evolutionary trade theory is presented in two models and is calibrated with transaction and trade data from West Bengal and Nepal. These reveal that lower transport costs - resulting from investment in transport and institutional reforms related to the investment and trade environment - result initially in small productivity differences that can be amplified in a non-linear evolutionary system and eventually lead to a spatial restructuring of the system, and to a structural change in the trade patterns. The models in this path-breaking book can be used to explore the impact of a variety of interventions and policies. Productivity, Competitiveness and Incomes in Asia will be of interest to academics and researchers in Asian Studies, industrial economics, evolutionary economics and international business development. The book will also appeal to policy makers responsible for economic growth.
The author addresses the neglected issue of the relations between the functioning of powerful state industrial firms and the town under socialism. As they strived for labor force, the manufacturing and mining employers in Central and Eastern Europe became prominent gatekeepers controlling access to scarce goods and services, which reflected a specific labor market segmentation. The distribution of social benefits and burdens they generated enhanced life chances of certain groups by and large at the cost of the underprivileged--women and the elderly in particular. This socialist industry contributed to social injustice and deprivation as well as the reproduction of entrapping spatial settings such as factory colonies and areas reserved for potential expansion. The study reveals a great diversity of mechanisms of industrial control over and exploitation of socialist towns in Poland. Spatial organization of local activities and facilities exhibited the power of industrial gatekeepers, and in several cases became a mediating element facilitating achievement of the firM's objectives. The residents' sense of place was permeated by the company through its multiple involvement outside the factory gates, which could justify its dominant position and conceal sources of social inequalities and conflicts. The legacy of socialist factory paternalism bears heavily upon post-socialist society, which is evident in anti-egalitarian attitudes and social closure attempts demonstrated by the beneficiaries of the gatekeepers' allocation.
Business is becoming more global, more competitive, and more knowledge-intensive. Consequently, business executives are being required to reexamine and redefine fundamental relationships - both intra- and inter-company. The Dynamic American Firm explores the pivotal factors motivating the organizational changes that are sweeping American business, with a particular emphasis on the global marketplace. It provides a critical analysis of the forces that are shaping strategies and structures of American business, emphasizing that the process of adaption is more important than particular strategies and structures that develop along the way. The authors begin by illustrating the external factors that shape the development of the firm, including a combination of technological advances and increasingly global markets, and proceed to discuss corporate efforts to adapt to this external environment by means of changing relationships with other firms. They pay particular attention to the alliances that help American firms establish a presence in overseas markets, including the roles of mergers, acquisitions, strategic alliances, and joint ventures. The book concludes with a discussion of the internal changes taking place in American firms, including shifts in organizational strategy and structure, the elimination of middle management, and the development of work teams.
Economics has been basically a study of the interactions between organizations, with some organizations being so small we only have one person in them. The internal organization of the largest hierarchies has indeed been looked at, but a good reason for working less on these organizations is that the internal reactions are much harder to understand. It is sensible to solve the problems we can solve and put the others off until later. The author's basic purpose here is to look at these larger hierarchical organizations, and develop a scientific account of them. In Economic Hierarchies, Organization and the Structure of Production Gordon Tullock examines the internal functioning and organization of the corporation. In the author's personal tradition, the book relies on narrative analysis rather than mathematical complexity to convey insights into the functioning of the corporation.
The advanced capitalist nations are currently undergoing an enormous economic, social, and political transformation. At the heart of this transformation is the transition between large scale, standardized production (Fordism) and new, more flexible approaches to manufacturing (flexibility), and a concomitant extension of manufacturing to include products both concrete (goods) and ephemeral (services). This volume explores the consequences of this transition from the standpoints of technology, labor relations, firm strategy, education, government programs, and geography. The book is a collection of papers by well-known scholars investigating the current global transition from mass consumption and production to flexible production for niche markets. The book is unique in that it not only discusses standard economic concerns, but also investigates the social and political implications of this transition. Each chapter is concerned with a different aspect of the same restructuring process.
The objective of this book is to present the problems and possibilities of transferring technology from the developed countries to the developing countries to raise their standard of living. It develops the conceptual issues, legal ramifications, empirical testing of mathematical models and case studies of different industries in many countries. It contains articles by distinguished scholars in the field, practitioners and government officials. It is an important supplement to the hands-on approach used by many private industries and national and international organizations. The unique feature of this book is that it is multidisciplinary and that it has a balanced combination of abstract theoretical approaches and practical considerations.
This book clarifies the mechanisms of economic globalization in changing industries' locations and shows how industries' locations have changed through those mechanisms. First, the book deals with the retailing industry. Introducing the concept of a contact price into the market area analysis, it is shown in Part I that retailers' market areas and prices are changed in different ways by a reduction of transportation costs. The mechanism of these changes is explained by checking the contact prices at apexes of the retailers' market areas. Then the book moves to the manufacturing industry and deals with a firm's production process. Part II of the book shows the manner in which the production volume of factories within an agglomeration is decreased as the number of factories within the agglomeration increases. Subsequently, considering the fact that many production factories depart from agglomerations to other sites to reduce production costs, a method of searching for a factory's new site is proposed in which a firm can seek out an optimal location of a factory in a short period of time. By referring to a chaotic phenomenon, a firm sets a location prospective area in a large geographical area and selects an optimal location within that area. In the third part of the book the city system is the focus. Part III elucidates the theoretical formation of a city system and analyzes structural changes of a city system due to a reduction of transportation costs. The mechanism of the change is explained by a flexible market area theory which studies a city system by using the market areas established in the free-entry equilibrium. Then, the economic relationships between the cities within a city system are examined from the point of view of the land rent in the cities' areas. This analysis shows the influences of a change in the largest city on other cities. Finally, the relationships between a city system and regional performance are examined using real data. The examination shows that the city system reveals the regional performance.
Technology is taking on an increasingly central and determining role in so ciety, and can provide contradictory results: wealth on the one hand, but also unemployment, environmental imbalances and other social problems on the other. Manufacturing techniques and production organization are chosen in every country based mainly on the specific needs of the companies, while the real needs of each population are often quite different. Already, in order to prevent all forms of technology from becoming in creasingly "invasive," towards both the natural supply of resources and the specific - though highly differentiated - needs of humanity, technological paths must be identified and followed which are capable of making the vari ous needs compatible, from the standpoint of sustainable development, the conservation and increase in value of natural resources, and the quality of development. This will become increasingly important in the future. This goal is undoubtedly ambitious and difficult to achieve; however, evi dence of the problems caused by generalized, uncontrolled use of technolo gy, all over the world, leads us to believe that intense efforts must be made to achieve this aim. If not, humankind runs the risk of an irreversible degra dation of the most important aspects of economic development and its quali ty. Within this framework, those companies that produce goods and services obviously occupy a central, active role, which they must play with a view both to competitiveness and overall qualification and to contributing to the objectives of sustainable development."
The relationship between innovation, networks and localities is of central concern for many nations. However, despite increasing interest in the components of this research triangle, efforts in these fields are hampered by a lackofconceptual and empirical insights. This volume brings together contributions from a distinguished group of scholars working in different but related disciplines, and aims to provide a fresh look at this research triangle. The objective is to offer a concise overview of current developments and insights derived from recent studies in Europe and North America. All of the contributions are based on original research undertaken in the various regions and nations and are published here for the first time. We are grateful to all those who have contributed to this volume for their willingness to participate in the project. Without their co-operation this book would not have been possible. We should like, in addition, to thank Angela Spence for her careful linguistic editing and assistance in co-ordinating the production of the camera ready copy. Lastly, but not least, we wish to express our gratitude for support from our home institutions, and in particular the Austrian Academy of Sciences (Institute for Urban and Regional Research), the Austrian Ministry for Science and Transport, the Styrian Government (Section for Science and Research) and the Federation of Austrian Industry in Styria for the financial backing received. April 1999 Manfred M.
'Dr Wignaraja is a rare economist who can put the important lessons of mainstream economics into the wider context that good policy demands. This book is yet another demonstration of this ability, displayed to advantage in discussing the architecture of trade policy. It should be read by all policymakers who want to make a difference' - Jagdish Bhagwati;The East Asian experience suggests that technological development is fundamental to export success in outward-oriented economies. This study analyses export performance in Sri Lanka at a national and firm-lele, focusing on the acquisition of industrial technological capabilities during a period of trade liberalization. It compares Sri Lanka's record with Korea, Taiwan and Thailand. Analysis of the export and technological record of enterprises of varying performance highlights the policies which enhance competitiveness in developing and transition economies.
This study provides a comprehensive discussion of the controversial issue of industrial policy, drawing on some recent developments in economic theory in areas like political economy, institutional economics, industrial economics and theories of technical progress.;By integrating the analyses of political economy, economic institutions and technical change into a single framework, the book offers policy conclusions which are of direct relevance to policy-makers. It also explores the economic and political conditions for the conduct of a successful industrial policy by drawing on the cases of Japan and Korea.
International Industrial Networks and Industrial Restructuring in Central and Eastern Europe analyses the role of international industrial networks in industrial restructuring and corporate growth in central Europe, Russia and Ukraine. It shows that two distinct patterns of international industrial integration - domestic vs. foreign led modernisations - have developed in these two regions which have significant effects on patterns of growth and integration of these economies. International Industrial Networks and Industrial Restructuring in Central and Eastern Europe is based on a number of industry and firm case studies which are analysed and interpreted within the current international business and political economy literature. The publication provides valuable insights to managers and policy-makers who are interested in understanding different strategic options for business activity in Central and East European countries. For the academic reader, it offers a new perspective on international, industrial networks in which theories on strategic management and on industry restructuring and corporate growth are merged into a new view of growth and transformation process.
For much of the twentieth century, the prevalence of dictatorial regimes has left business, especially multinational firms, with a series of complex and for the most part unwelcome choices. This volume, which includes essays by noted American and European scholars such as Mira Wilkins, Gerald Feldman, Peter Hayes, and Wilfried Feldenkirchen, sets business activity in its political and social context and describes some of the strategic and tactical responses of firms investing from or into Europe to a myriad of opportunities and risks posed by host or home country authoritarian governments during the interwar period. Although principally a work of history, it puts into perspective some commercial dilemmas with which practitioners and business theorists must still unfortunately grapple.
The coal industry has always occupied a symbolic place in British economic and political life, inspiring debates and arousing passions throughout the last two centuries. This account of the economics of coal, first published in 1990, is unique in its comprehensive three-part approach. First, Ben Fine charts the ways in which the theoretical understanding of the British coal industry has changed over the past two centuries and discusses the arguments surrounding public ownership versus the privatization of the industry. In the second part, the book presents a critical assessment of the existing literature and challenges the well-established orthodoxies by close theoretical and empirical argument. Finally, attention is paid to the role of landed property and the processes of technical change. An interesting analysis of the complex relationship between industrial change and political economy and an important contribution to economics, this study will be of great value to students of the theory and history of industrial change and the British coal industry.
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