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Competitiveness in the Real Economy - Value Aggregation, Economics and Management in the Provision of Goods and Services (Hardcover, New Ed)
Loot Price: R4,470
Discovery Miles 44 700
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Competitiveness in the Real Economy - Value Aggregation, Economics and Management in the Provision of Goods and Services (Hardcover, New Ed)
Expected to ship within 12 - 17 working days
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Value aggregation to goods and services is unbelievably important
to the balance of trade of modern nations, yet it receives minute
attention by economists and policy-makers alike. In Competitiveness
in the Real Economy, Rui Vinhas da Silva shows that the nature and
dynamics of contemporary global competition requires a sharper
focus on value aggregation. He provides a rounded, integrative and
multi-disciplinary perspective linking national competitiveness,
economics and management. The emphasis is on a transversal
philosophy of value aggregation as a key driver of national
competitiveness across sectors in the real economy and from
production to the consumption of goods and services. The links
between exports, inflows of foreign direct investment (FDI) and
country competitiveness are examined along with the role of exports
and the attraction of FDI inflows in building national GDP. The
author emphasises that culture, the notion of being cosmopolitan
and understanding aspirational and discriminatory consumers with
high disposable income are key drivers of success in the global
economy. Acknowledging that the complexity of problems comes from
diversity of global actors, the author highlights the limitations
of current economics in responding to contemporary challenges. His
concern about the management sciences and management learning is
that solutions do not lie in the formulation and prescription of
universal laws, but are contextually-laden and derive from an
informed intuition that is partly taught and partly experiential.
The book addresses the implications of all this for how the
management skills needed for competitive advantage might best be
developed.
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