Organization, Performance and Equity: Perspectives on the Japanese Economy provides an analysis of key components of the Japanese economy and business structures, edited by two leading American-based Japan scholars. The contributions to this book are grouped into four major categories: organizations; income distributions; technological progress; and macro performance. The first section examines the retail sector, the role of information in evaluating distribution systems, and ownership structures and their effect on welfare, all in the context of the Japanese economy. The second section concerns issues of Japanese tax structures, growth, and income transfers, while the third section focuses on technology and productivity. The concluding section addresses major macro issues like trade and the value of the yen.

Informed by critical theory, the essays in this collection examine the complex dynamics of globalization, the challenges that confront democracy, justice and rights under globalization, and new approaches that seek to contest the excesses of globalization and promote the struggle for global justice. They form a challenging and timely volume that will be essential reading for anyone interested in the normative dimensions of globalization.

The US current account deficit approaches one trillion dollars, absorbing 75 percent of world surpluses. A fire sale of US debt could cause a global recession through disorderly devaluation of the dollar, raising interest rates and crashing stock markets. The G7 doctrine of shared responsibility intends to coordinate regional efforts. There is meagre political capital in most regions for these reforms. The devaluation of the dollar could be faster than G7 policy coordination. This book analyzes the main issues and individual regions, including China, Japan, the EU and the USA.

How do we stop the unrelenting evolution of the economic hit man strategy and China’s takeover?

The riveting third edition of this New York Times bestseller blows the whistle on China’s economic hit man (EHM) strategy, exposes corruption on an international scale, and offers much-needed solutions for curing the degenerative Death Economy.

In this shocking exposé, former EHM John Perkins gives an insider view into the corrupt system that cheats and strong-arms countries around the globe out of trillions of dollars and ultimately causes staggering income inequality and ecological devastation.

EHMs are highly paid professionals who use development loans to saddle countries with huge debts and force them to serve US interests. Now, a new EHM wave is infecting the world, and at the peak of the devastation sits China, a newly dominant economic power, with its own insidious version of the US EHM blueprint. Twelve explosive new chapters detail the allure, exploitation, and wreckage of China’s EHM strategy in Latin America, Asia, Africa, the Middle East, and Europe.

If allowed to continue its rampage, the EHM strategy—whether executed by the United States or China—will destroy life as we know it. However, all is not lost. Perkins offers a plan for transforming this system that places profits above all into a Life Economy that restores the earth. He inspires readers to take actions toward a new era of global cooperation that will end the United States’s and China’s EHM strategies for good.

Since 1990, major banking and current crises have occurred in many countries throughout the world - including Mexico and Latin America in 1994-95, East Asia in 1997-98, and Russia and Brazil in 1998 - with large costs both to the individual countries experiencing the crises and to other nations. As a result, considerable effort has been expended by economists and policymakers to identify the causes of these crises and to design programs with the aim both of preventing similar crises from occurring in the future, and of minimizing the costs when these do occur. These studies have cut across national boundaries, being undertaken by individual researchers and organizations in particular countries, as well as by international institutions. This book collects the papers and discussants' comments presented at a conference co-sponsored by the Federal Reserve Bank of Chicago and the Bank for International Settlements in Basel, Switzerland, and held in Chicago, in early October 1999. The purpose of the conference was to identify and discuss the lessons to be learned from these crises. Topics discussed included reviews of the crises in the individual countries and regions; analyses of the policy responses, both by the affected countries and by official international institutions; what has been learned from these crises; deposit insurance reform; the design of bank capital regulation; the role of bank supervision and regulation; and the future of official international financial institutions, such as the International Monetary Fund and the World Bank. The conference participants included a broad range of academic, industry, and regulatory experts from more than twenty-five countries. Because of the timeliness of the conference and the wide-ranging expertise of the participants, the papers in this book should be of significant interest both to students of financial crises and to domestic and international policymakers.

Spain in the EU takes the country's entry into the European Community in 1986 as its starting point and traces changes in the national and regional economy, shifts in national economic policy, and the fundamental restructuring of the public sector. The book identifies the challenges that continue to confront the Spanish policy under monetary integration, as Spain pursues convergence towards the EU model, while retaining national cohesion.

In this volume the perceptive reader will find many clues to the future of the Soviet Union, Eastern Europe, East-West economic relations and the impact of governments in this area. The authors are aware of the mistakes of the past, the limitations of centralized planning, the dangers and the futility of confrontation and the global significance of the new roles that governments must play in the transitional period of political and economic reform in the East. Some of the chapters may be considered blueprints for reform and of special significance is the fact that in some cases they were written by scholars who are now policy makers.

This book poses a critique of neoliberal economic polices in the EU and proposals for alternatives. The book argues that the economic weakness of the EU is the result of the very restrictive economic policy of the Union and most member states. The book advances from a comprehensive critique of macroeconomic, social and structural policies towards a concrete concept for a democratic European social model based on the objectives of full employment, welfare, social equity and ecological sustainability.

This book analyzes the world economic crisis as the essential background for an investigation into recent problems of Japanese capitalism. Taken into consideration are various socio-political or intitutional factors which affect the concrete course of current capitalist development.;The study raises questions such as why the stable and prosperous long boom of the postwar capitalist world resulted in an unstable period of deep and widespread depression from 1973, what the roles of Keynesianism and Monetarism are in the ongoing process of world economic crises and how the socio-economic positions of working people have been affected by the attempts to restructure capitalist firms.;In so doing, the author hopes to contribute to Marxian social science studies and offer sound social alternatives for the mass of working people.

This book considers how emerging economies around the world face the challenge of building good institutions and effective governance, since so much of economic development depends on having these in place. The promotion of shared prosperity and the battle against poverty require interventions to reach out to the poor and the disadvantaged. Yet time and again we have seen such effort foild or diminished by corruption and leakage. The creation of good governance and institutions and structures to combat corruption require determination and passion but also intricate design rooted in data, analysis, and research. In this book, leading researchers from around the world bring to the table some of the best available ideas to help create better governance structures, design laws for corruption control, and nurture good institutions.

This book stresses how the rise of China and India has completely changed the world economy, moving it towards disequilibrium. Several alternative economic policies are tested to seek a way towards high growth in any continent associated with long-run real and financial equilibrium. The Authors argue that a new exchange rate system is required and that a new world governance is needed.

Gerald R. Faulhaber and Gualtiero Tamburini University of Pennsylvania and Universita Delgi Studi di Bologna This book brings together chapters by a group of European and North American economists, all of which focus on a single aspect of the ongoing plan for European economic integration - the role of technology. Indeed, the plan for European integration has many aspects social, institutional, and political. From a broad standpoint, the program approved by the 12 member states of the European Economic Community (Single European Act) in 1986 addresses these problems. Among other things, the Act pro vi des for the progressive establishment of a single internal market by 1992. At its most basic, this single European market means the unrestricted circulation of goods, people, services, and capital, unhindered by borders, tariffs, or restrictive national practices. The actual economic integration as planned by the Single Act will have a variety of consequences. On the whole, there will be the consolidation of the benefits already gained over the 2 Introduction previous 30 years due to the progressive lowering of tariff barriers within the Common Market. In particular, there has a been a shift away from Iimited national markets toward the wider market of the Community. In turn, this expansion of the market promises improved economies of scale and scope for many industries and a more efficient geographic allocation of production."

Price and Markup Behaviour in Manufacturing examines the role that cost, competing domestic and foreign prices, domestic demand and market structure play in determining the price and markup of manufacturing firms across a range of countries and industries. Michael Olive models imperfectly competitive behaviour at the firm level, establishing logical relationships between these variables. Aggregating these relationships gives predictions for price and markup at the industry level. Empirical analysis is carried out by estimating a pricing equation for 11 industrialised countries in Asia, Europe and North America, and for 24 International Standard Industrial Classification industries from 1970 to 1991. The results exhibit a pattern of incomplete pass-through from competing foreign price into industry price and markups that are not fixed. The author illustrates that for higher levels of industry concentration cost becomes less influential in determining industry price, while the opposite is true for competing domestic and foreign prices. This comprehensive and thorough examination of the literature on pricing, the innovative model development and the comparative analysis in this study will be of great interest to government policymakers and academics wanting to keep abreast of new developments in the area of pricing and markup.

This book is volume 3 of the proceedings of the World Economic Congress held in Athens in August 1989, under the auspices of the International Economic Association. It considers various aspects of economic policy and development faced by countries with different social, cultural and political systems.;Part 1 deals with agricultural issues, with an emphasis on public choice theory and aspects of welfare in various countries, including the USA and the European Community. In Part 2, food security and nutrition issues are analyzed, and the problems of achieving sufficient nutrition levels and sex bias are tackled, with case studies ranging from sub-Saharan Africa to Bangladesh. Part 3 is devoted primarily to debt, trade and industrialization issues in developing countries. Five case studies are presented, concentrating on Latin America and Africa, and solutions are proposed to intractable problems. Lastly, in Part 4, development within centrally planned economies is considered. The four papers in this section provide an up-to-date assessment of some of the problems of economic transition from central planning to market economy and the implications for the role of central government.

This book examines the European Union (EU) coordination of the G7, G8 and G20 (Gx). The author comprehensively maps out the different coordination processes for each Gx forum and assesses the procedures used, the actors involved as well as the evolution of the Gx forum over time.

This study illuminates the characteristics of the Japanese economy and analyzes how and why they have been changing. It covers such areas as the Japanese firm, consumption and saving patterns, the labour market, financial markets, macroeconomic policies and international economic relations. The contributors to this 15-volume paper are all internationally-known and leading researchers of the Japanese economy. It gives a comprehensive coverage of both domestic and international aspects, with a detailed overview chapter by the editor, but is still easily accessible and useful for readers with only a basic background in economics.

1998 was filled with economic events that illustrated the changing and complex agenda for American foreign policy in entering the new millenium. In this volume, former senior members of the Clinton and Bush Administrations and a "next generation" of private sector voices set forth and analyze the new intersections between economic strategy and national security. Emerging markets are considered, as well as, new threats and new opportunities that are changing our conception of American security.This book arises from a two-year project by the Council on Foreign Relations, one of the world's premier foreign policy think tanks, to articulate a "Next Generation" approach to American foreign policy. The volume is intended for those interested in foreign policy and as a supplement to university-level courses on international relations and business.The financial, trade, technology and regional and sectoral topics covered by this book are especially timely. World financial markets have showed themselves to be increasingly integrated and volatile with the introduction of new information technologies. Global markets for goods have showed themselves to be more fragmented and more difficult to free because of populist concerns over labor and environmental protections. Meanwhile, electronic commerce will change international economic relations. Regionally, Asia and Russia - our post-Cold War focus - are in collapse. Latin America, our fastest growing market and prospective 21st century focus, is teetering due to the lack of foreign reserves.In addition to these changing dynamics, new economic threats such as corruption and information terrorism counter-balance new opportunities to influence the world through American know-how in technology and venture capital.As evidenced most clearly by the October 1998 vote on Fast Track trade authority for the President, domestic audiences seem to be fueled more by negative messages brought by "economic nationalists" than those who seek a more "internationalist" approach. This communications reality is dangerous and requires attention by the new generation of American leaders who will begin their run for the presidency by the time the book reaches the shelves.This book begins to outline new concepts - political, economic and philosophical - for American foreign policy in the 21st century. In addition, it seeks to drive home the need for the American people to better understand our likely engagement in the new world upon which we are embarking.

The contributors to this text aim to promote the understanding of the contemporary world economy by confronting the challenges that have to be faced in elaborating new tools of analysis. The text presents inquiries into the contemporary world economy, namely: the economic success of East Asia; political and organizational restructuring in Western, industrial countries; and the post-communist transformation process in former centrally planned economies.

The world economy is on the brink of a profound crisis. The threat of global deflation and the emergence of chronic excess global capacity characterizes the contemporary phase of crisis and stagnation. Lucarelli argues that these pathological features of globalization acquire a remorseless logic during the "mature" stages of monopoly capitalism. He explores the historical origins and theoretical tendencies of this protracted crisis from a Keynes/Kakecki perspective.

Economic globalization has intensified on the basis of new international links, especially in the field of foreign direct investment, financial capital flows and telecommunications liberalization. These and other developments have reinforced international interdependence and raise new issues for international organizations as well as for strategic behavior of major actors. Based on historical perspectives of evolution of major organizations and the latest developments in the 1990s the analysis focus on financial market dynamics, monetary issues and labor market aspects. Reform options for selected international organizations are discussed including aspects of trade, foreign investment and international externalities. Game theoretic concepts are also applied.

This text provides a unique examination of the relationship between the state and market in China's economic development over several centuries. Its analysis is situated in the wider context of debates about technical progress in the pre-modern world, about the impact of Western imperialism, about the role of the state in the economic development of poor countries and in the transition of former communist countries from Stalinist systems of political economy. Peter Nolan is the co-author of "Re-thinking Social Economics" and author of "The Political Economy of Collective Farms".

This book offers an in-depth analysis of the roles and strategies of subsidiaries of American multinational companies (MNCs) in Taiwan's IT industry. Based on semi-structured interviews with 16 managing directors of the different foreign-owned subsidiaries and 100 functional unit managers, the authors investigate (1) the roles of functional units in evaluating strategy formulation and change in foreign subsidiaries; (2) the factors that determine strategy formulation and change in foreign subsidiaries and their functional units; and (3) the linkages between cross-functional units. The research underscores the view that MNCs' strategies are composed of assorted heterogeneous elements.

The papers in this volume cover three major areas of International Business: Developments in Theory, The Foreign Market Servicing Strategies of Multinational Firms and Asia-Pacific Issues. The theory section examines the internationalisation process, the role of management in international business theory, approaches to Japanese foreign direct investment and the contrast between the approach taken to international business by internalisation theorists and that of international strategic management. The choices between exporting, foreign licensing of technology and direct investment abroad are examined in Part II. The foreign market servicing decisions are examined both at the level of the firm and in aggregate at the level of an economy (the UK). The impact of these decisions on competitiveness is evaluated and the role of international joint ventures is examined for the case of the UK. The final section examines current issues in the Asia-Pacific economies. The impact of the Single European Market on Pacific Futures and Government-Business relations (Japan versus UK) are the focus of attention and the taxation implications of joint ventures in China are examined in detail.