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After the Second World War, the economics of the western capitalist
countries were based on a production system called fordism, but in
the mid 1970s this system began to break down, and it has been in
crisis since. But does resolving this crisis imply a complete break
with the past, notably with the principles of Taylor and
Ford?;Based on an analysis of the transformations currently taking
place in several international companies, this book reveals the
complexities and subtleties of today's transitions.
Until recently most observers were of the opinion that firms had to adopt a Japanese model of management or perish. They overlooked the fact that there are a number of efficient productive models and that there is no single 'best way'. This book shows the diversity of productive models and discusses the optimum macro and micro economic and social conditions that a firm needs to stay profitable. In conclusion the authors suggest an analytical framework of profitability conditions, easily accessible to practitioners, academics and students.
This book is the English language translation of the French
publication E conomie Politique des Capitalismes. Research in this
book presents institutional and historical macroeconomics, through
an analysis of wage-labour nexus, innovation systems, monetary and
financial systems, integration into the world economy, formation of
economic policy configurations, and the history of economic
theories. In doing so, the book addresses how and why economic
regularities change in long run, and why do macroeconomic
adjustments differ across countries within the same historical
period. It shows how institutional changes that have occurred since
the 1970s and the research on the transformation of the American
and French capitalism, have led to the emergence of a research
agenda, known as Regulation Theory. Readers would understand the
permanent transformations of capitalism and its crises, given the
book's inclusion of long-term historical studies, systematic
international comparisons for the contemporary period, and the
exploration of the institutional and social foundations of
microeconomics which has led to the evolution of various brands of
capitalism. This translated work includes a Foreword by Associate
Professor Elsa Lafaye de Micheaux and Professor Thomas Lamarche.
This book integrates three levels of political-economic analysis:
first a comparative institutional analysis of the varieties of
capitalism in both Europe and Asia, second a macroeconomic analysis
of industrial structural change and economic dynamics of the
national economies in Europe and Asia, and then an encompassing
analysis of international production linkages and international
financial instability which determine the long-term patterns of
regional integration in Europe and Asia. The comparison of the
European Union and ASEAN delivers some key conditions for a viable
long-term regional economic integration to cope with contrasted
capitalisms and growth regimes: either pragmatism in the choice of
an exchange rate regime, or a form of fiscal federalism. The reader
will also find a genuine analysis of the dynamism of the Chinese
economy, a study on institutional changes and de-industrialization
in Japan, and the increasing international production linkages
among China, Japan, Korea, and ASEAN. It is shown how the
enlargement of the European Union and the Euro triggered the
diverging competitiveness and macroeconomic performances that led
to the crisis of a six decades long economic and political process.
This book is the result of long lasting Asian-European
collaborative research. It is a milestone in the historical and
comparative analysis along the regulation theory that aims at
understanding the long-run transformations, renewed diversity and
interdependence of capitalisms.
The contributors to Japanese Capitalism in Crisis show that there
can be a middle ground between the current extremes of the Japanese
economy, and offer two proposals: a deeper understanding of long
term development, and an extension of existing theory.
Among a vast literature on the Asian economies, the book proposes a
distinctive approach, inspired by Regulation Theory, in order to
understand the current transformations of the Asian economies. The
book follows their transformations after the 1997 Asian crisis
until the subprime crisis. During this period, the viability of
their growth regime was to coherence of five basic institutional
forms: the degree of competition and insertion into the world
economy, the nature of labour market organization, the monetary and
exchange rate regimes and finally the style for State intervention
via legislation, public spending and tax. The book provides new
findings. The degree of financial liberalization and opening to the
world economy largely determines the severity of the 2008-2009
recession and the political-economic reactions of each Asian
countries to the subprime crisis. Asian capitalisms are distinct
from American and European ones, but they are quite diverse among
themselves, and this differentiation has been widening during the
last decade. This book will help to shed light on a de facto
regional economic integration is taking place in Asia, but unsolved
past political conflicts do hinder the institutionalisation of
these interdependencies.
This book argues that there is no single best institutional
arrangement for organizing modern societies. Therefore, the market
should not be considered the "ideal and universal" arrangement for
coordinating economic activity. Instead, the editors argue, the
economic institutions of capitalism exhibit a large variety of
objectives and tools that complement each other and cannot work in
isolation. The various chapters of the book explore challenging
issues in the analysis of differing institutional arrangements for
coordinating economic activity, asking what logics and functions
they follow and why they emerge, mature and persist in the forms
they do. They conclude that any institutional arrangement has its
strengths and weaknesses and that such institutions evolve
according to a logic specific to each society. They also note that
institutions continuously respond to changing circumstances, and
are not static entities.
In this book, Robert Boyer follows the origins, course and collapse
of the 'new economy' and proposes a new interpretation of US
dynamism during the 1990s. He argues that the diffusion of
information and communication technologies is only part of a story
that also requires understanding of the transformation of the
financial system, the reorganization of the management of firms and
the emergence of a new policy mix. The book includes a long-term
retrospective analysis of technological innovation, and an
international comparison of OECD countries delivers an
unconventional and critical assessment of the hope and the hype of
the 'new economy'. The book proposes that the US way is not
necessarily the only efficient one, as demonstrated by the
experience of the Nordic countries, which manage to combine
economic efficiency with social justice. The author argues that
European economies would do well to take note and to explore a
promising growth regime for the twenty-first century, one built
upon health, education, training and leisure, this comprising the
'anthropogenetic model'. The Future of Economic Growth is a
challenging and thought-provoking book, and as such will be of
interest to many academics, researchers and students within the
field of economics. It will be particularly relevant to those with
an interest in macroeconomics, industrial organisation and the
theory of the firm, and growth theory.
Robert Boyer and Yves Sailard's Theorie de la Regulation introduced the Francophone public to one of the most important new currents in social science of the past half-century. This long-awaited translation will help broaden its impact still further. Regulation Theory focuses on the structural features of a given model and has helped enliven the examination of core economic concepts.
Robert Boyer and Yves Sailard's Theorie de la Regulation introduces the Francophone public to one of the most important new currents in social science of the past half-century. This long-awaited translation will help broaden its impact still further. Regulation Theory focuses on the structural features of a given model and has helped enliven the examination of core economic concepts.
Contents: Introduction: a puzzle for economic theories Robert Boyer and Toshio Yamada Part I Institutional interpretations and theories 1. Japanese capitalism and the companyist compromise Toshio Yamada 2. The hierarchical market-firm nexus as the Japanese mode of régulation Akinori Isogai, Akira Ebizuka and Hiroyasu Uemura 3. Disproportionate productivity growth and accumulation regimes Hiroyuki Uni Part II The wage labour nexus, forms of competition, financial regime: major structural transformations 4. The capital-labour compromise and the financial system: a changing hierarchy Hironori Tohyama 5. 'Industrial welfare' and 'company-ist' régulation: an eroding complementarity Masanori Hanada and Yasuro Hirano 6. The financial mode of régulation in Japan and its demise Naoki Nabeshima Part III What crisis and what futures? 7. The wage labour nexus challenged: more the consequence than the cause of the crisis Robert Boyer and Michel Juillard 8. Growth, distribution and structural change in the post-war Japanese economy Hiroyasu Uemura 9. Beyond the East Asian economic crisis Yasuo Inoue 10. Some limitations on Japanese competitiveness enjamin Coriat, Patrice Geoffron and Marianne Rubenstein Conclusion: an epochal change ... but uncertian future Robert Boyer and Toshio Yamada
This text challenges the popular view that globalization threatens
the nation-state in determining national policy. It examines the
fundamental issue of competitiveness and market power in an
increasingly borderless and co-dependent world. Despite this
increased threat to the nation-state as an effective manager of the
national economy, the authors argue that there are a number of
options and alternatives open to governments to protect themselves
from the global business cycle.
This work challenges the popular view that globalization threatens the role of the nation-state in determining national policy. It examines the fundamental issue of competitiveness and market power in an increasingly borderless and co-dependent world. Despite this increased threat to the nation-state as an effective manager of the national economy, the authors argue that there are a number of options and alternatives open to governments to protect themselves from the global business cycle.
Among a vast literature on the Asian economies, the book proposes a
distinctive approach, inspired by Regulation Theory, in order to
understand the current transformations of the Asian economies. The
book follows their transformations after the 1997 Asian crisis
until the subprime crisis. During this period, the viability of
their growth regime was to coherence of five basic institutional
forms: the degree of competition and insertion into the world
economy, the nature of labour market organization, the monetary and
exchange rate regimes and finally the style for State intervention
via legislation, public spending and tax. The book provides new
findings. The degree of financial liberalization and opening to the
world economy largely determines the severity of the 2008-2009
recession and the political-economic reactions of each Asian
countries to the subprime crisis. Asian capitalisms are distinct
from American and European ones, but they are quite diverse among
themselves, and this differentiation has been widening during the
last decade. This book will help to shed light on a de facto
regional economic integration is taking place in Asia, but unsolved
past political conflicts do hinder the institutionalisation of
these interdependencies.
This is a memoiristic book and a dual portrait, built around
intense friendships with two leading public intellectuals who
achieved celebrity status--Susan Sontag on a global scale, George
Steiner principally in Europe, though also for a time in the US.
For audiences at Woody Allen movies Sontag was the prime embodiment
of the term "intellectual," whose famous 1965 essay "Notes on Camp"
won her an enormous following. For viewers of French, German and
British television over decades Steiner was the primary interview
show talking head, igniting controversy on many fronts, while also
commanding a loyal audience for thirty years as a book critic at
The New Yorker. To know Sontag and Steiner, as this memoir
suggests, was often to feel overmatched and yet also bemused and
awe-struck. Both of them gave off an air of omniscience and
self-confidence, as if they had taken to heart the words of the
Nobel laureate Elias Canetti, who wrote, "I cannot become modest;
too many things burn in me." Maestros & Monsters is the work of
a well-known public intellectual who was close to Sontag and
Steiner over a half century, and who managed to bring them together
on several occasions--the only times they ever met. Those
encounters are among the most bizarre episodes in this narrative,
which also features extended encounters with such literary figures
as Arthur Koestler, Edward Said, Phillip Rieff, James Wood and
others.
This book integrates three levels of political-economic analysis:
first a comparative institutional analysis of the varieties of
capitalism in both Europe and Asia, second a macroeconomic analysis
of industrial structural change and economic dynamics of the
national economies in Europe and Asia, and then an encompassing
analysis of international production linkages and international
financial instability which determine the long-term patterns of
regional integration in Europe and Asia. The comparison of the
European Union and ASEAN delivers some key conditions for a viable
long-term regional economic integration to cope with contrasted
capitalisms and growth regimes: either pragmatism in the choice of
an exchange rate regime, or a form of fiscal federalism. The reader
will also find a genuine analysis of the dynamism of the Chinese
economy, a study on institutional changes and de-industrialization
in Japan, and the increasing international production linkages
among China, Japan, Korea, and ASEAN. It is shown how the
enlargement of the European Union and the Euro triggered the
diverging competitiveness and macroeconomic performances that led
to the crisis of a six decades long economic and political process.
This book is the result of long lasting Asian-European
collaborative research. It is a milestone in the historical and
comparative analysis along the regulation theory that aims at
understanding the long-run transformations, renewed diversity and
interdependence of capitalisms.
In this book, Robert Boyer follows the origins, course and collapse
of the 'new economy' and proposes a new interpretation of US
dynamism during the 1990s. He argues that the diffusion of
information and communication technologies is only part of a story
that also requires understanding of the transformation of the
financial system, the reorganization of the management of firms and
the emergence of a new policy mix. The book includes a long-term
retrospective analysis of technological innovation, and an
international comparison of OECD countries delivers an
unconventional and critical assessment of the hope and the hype of
the 'new economy'. The book proposes that the US way is not
necessarily the only efficient one, as demonstrated by the
experience of the Nordic countries, which manage to combine
economic efficiency with social justice. The author argues that
European economies would do well to take note and to explore a
promising growth regime for the twenty-first century, one built
upon health, education, training and leisure, this comprising the
'anthropogenetic model'. The Future of Economic Growth is a
challenging and thought-provoking book, and as such will be of
interest to many academics, researchers and students within the
field of economics. It will be particularly relevant to those with
an interest in macroeconomics, industrial organisation and the
theory of the firm, and growth theory.
This book argues that there is no single best institutional arrangement for organizing modern societies. Therefore, the market should not be considered the ideal and universal arrangement for coordinating economic activity. Instead, the editors argue, the economic institutions of capitalism exhibit a large variety of objectives and tools that complement each other and can not work in isolation. The various chapters of the book ask what logics and functions institutions follow and why they emerge, mature and persist in the forms they do.
As editor of the quarterly Salmagundi for the past fifty years,
Robert Boyers has been on the cutting edge of developments in
politics, culture, and the arts. Reflecting on his collaborations
and quarrels with some of the twentieth century's most
transformative writers, artists, and thinkers, Boyers writes a
wholly original intellectual memoir that rigorously confronts
selected aspects of contemporary society. Organizing his chapters
around specific ideas, Boyers anatomizes the process by which they
fall in and out of fashion and often confuse those who most
ardently embrace them. In provocative encounters with authority,
fidelity, "the other," pleasure, and a wide range of other topics,
Boyers tells colorful stories about his own life and, in the
process, studies the fate of ideas in a society committed to change
and ill equipped to assess the losses entailed in modernity. Among
the writers who appear in these pages are Susan Sontag and V. S.
Naipaul, Jamaica Kincaid and J. M. Coetzee, as well as figures
drawn from all walks of life, including unfaithful husbands,
psychoanalysts, terrorists, and besotted beauty lovers.
As editor of the quarterly Salmagundi for the past fifty years,
Robert Boyers has been on the cutting edge of developments in
politics, culture, and the arts. Reflecting on his collaborations
and quarrels with some of the twentieth century's most
transformative writers, artists, and thinkers, Boyers writes a
wholly original intellectual memoir that rigorously confronts
selected aspects of contemporary society. Organizing his chapters
around specific ideas, Boyers anatomizes the process by which they
fall in and out of fashion and often confuse those who most
ardently embrace them. In provocative encounters with authority,
fidelity, "the other," pleasure, and a wide range of other topics,
Boyers tells colorful stories about his own life and, in the
process, studies the fate of ideas in a society committed to change
and ill equipped to assess the losses entailed in modernity. Among
the writers who appear in these pages are Susan Sontag and V. S.
Naipaul, Jamaica Kincaid and J. M. Coetzee, as well as figures
drawn from all walks of life, including unfaithful husbands,
psychoanalysts, terrorists, and besotted beauty lovers.
Recent years have seen intense debates among management and academics on the rise of `lean production' and `Japanization'. This book examines in detail the actual practice of transfer and adaptation of productive models into the auto industry. Case studies cover in detail the Japanese transplant experience in North America, and the global experience of hybrid production systems in Europe, Latin America, and Asia.
As you approach someone, you first encounter outer body language,
facial expressions, speech styles, emotional behavior, and then
deeper inner levels of thinking and feeling to the deepest level of
self and soul. This practical guide relates these levels to
specific skills in a unique system of communication. The skills are
refined through appreciating the subtle flow of energy that
integrates heart and mind, unity and diversity, in 36 specific
skills to increase assertive balance and reduce unbalanced
non-assertiveness and aggression. The book's unique features
include its comprehensiveness and progressive refinement of deeper
levels in a coherent communication system. The format of the book
is also unique. Emphasizing simplicity and clarity, each skill is
described in a brief four-page chapter that includes a definition,
how to use the skill, and realistic examples of ineffective and
effective uses-capped by brief summaries, Putting It All Together,
that cumulatively organize the skills into a concise, easy to use,
deeply integrative approach to healthy, effective communication.
Working deliberately against the grain of assumptions dominant in
the contemporary literary academy, Boyers examines novels by Gunter
Grass, Gabriel Garcia Marquez, Milan Kundera and others, arguing
that it is necessary to speak of character, ethics, and philosophic
purpose if one is to understand these works. A penetrating study,
Atrocity and Amnesia illuminates some of the major fiction of our
time and makes an important contribution to contemporary political
thought.
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