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In a balanced and readable account, this book explains how
international, domestic, economic and political factors
interrelated to shape the world of modern industry in the thirty
years before it was originally published in 1987. It conveys some
of the richness and diversity in the political and economic
landscape of modern industries and provides a real-world background
for the theory of economics and business. Drawing on the work of
business analysts and industry specialists, as well as of
economists and political scientists, it treats the subject in terms
of applied economics in an empirical and practical perspective.
After tracing the post-war development of manufacturing up to the
mid-1980s, the same approach is applied to specific industries:
steel, automobiles, consumer electronics, semiconductors,
computers, automated machinery and textiles. Two themes are
stressed throughout: industrial growth and development have become
truly international, if not global; and most manufacturing takes
place under oligopolistic conditions in a world of state
intervention and pressure-group activities.
In a balanced and readable account, this book explains how
international, domestic, economic and political factors
interrelated to shape the world of modern industry in the thirty
years before it was originally published in 1987. It conveys some
of the richness and diversity in the political and economic
landscape of modern industries and provides a real-world background
for the theory of economics and business. Drawing on the work of
business analysts and industry specialists, as well as of
economists and political scientists, it treats the subject in terms
of applied economics in an empirical and practical perspective.
After tracing the post-war development of manufacturing up to the
mid-1980s, the same approach is applied to specific industries:
steel, automobiles, consumer electronics, semiconductors,
computers, automated machinery and textiles. Two themes are
stressed throughout: industrial growth and development have become
truly international, if not global; and most manufacturing takes
place under oligopolistic conditions in a world of state
intervention and pressure-group activities.
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