Given the powerfully negative and ongoing impact of the Great Recession on western economies, the question of whether historically wealthy nations--the US, Western European countries, Japan--can stay wealthy has become an overriding concern for virtually every interested observer. Can their middle classes remain comfortable as more and more good and technically jobs disappear to other parts of the world? Can they support themselves as they devote more and more economic resources to an aging population base? In The Third Globalization, eminent political economists Dan Breznitz and John Zysman gather some of the discipline's leading scholars to assess the prospects for growth and prosperity among advanced industrial nations.
Throughout, they examine the core transformation in the economies of the advanced countries, the character of the challenge from the emerging economies, and the varied policy responses of the advanced countries. And, via a series of case studies, the contributors consider the central challenges these countries face internally and the nature of their responses. In particular, they ask what governments might do to achieve the goal of generating and retaining highly productive economic activity, which they collectively regard as necessary for sustained growth. In total, the book directly challenges a number of core policy and academic assumptions about the dynamics of contemporary advanced economies by looking at the problem from three different angles: a) a macro perspective, which considers the forces changing the policy and political economy landscape after the crisis; b) a sectoral perspective, which explains how these forces unleashed major shifts within critical domains and industries; and c) a policy perspective that concentrates on the responses to the Great Recession of both the already rich nations and the new, game transforming, competitors such as China and India. All told, the book's powerful analysis of a current global problem--weak growth in the world's longtime growth engines--that is of concern to everyone will make this essential reading for scholars and policymakers from across the social sciences.
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Table of Contents ; About the Contributors ; Introduction: Facing the Double Bind: Maintaining a Healthy and Wealthy Economy in the 21st Century ; John Zysman and Dan Breznitz ; Section I: The New Terms of Competition: Challenges and Challenger ; Dan Breznitz and John Zysman ; 1. China's Run - Economic Growth, Policy, Interdependences, and Implications for Diverse Innovation Policies in a World of Fragmented Production ; Dan Breznitz and Michael Murphree ; 2. The Chinese Auto Industry as Challenge, Opportunity and Partner ; Gregory W. Noble ; 3. Center-Local Politics and the Limits of Interdependence: Why China's Innovation Challenge May be Overstated ; Crystal Chang ; 4. Services with Everything: The ICT-Enabled Digital Transformation of Services ; John Zysman, Stuart Feldman, Kenji E. Kushida, Jonathan Murray, Niels Christian Nielsen ; 5. Platforms, Productivity, and Politics: Comparative Retail Services in a Digital Age ; Bartholomew C. Watson ; 6. A Decade after the Y2K Problem: Has Indian IT Emerged? ; Rafiq Dossani ; 7. The Dissolution of Sectors: Do Politics and Sectors Still Go Together? ; Mark Huberty ; Section II: A (re)New(ed) Need for the State - The Already Wealthy Response? (Or just Crisis and Response) ; John Zysman and Dan Breznitz ; 8. This Time It Really Is Different: Europe, the Financial Crisis, and 'Staying on Top' in the 21st Century ; Mark Blyth ; 9. The Fragility of the US Economy: The Financialized Corporation and the Disappearing Middle Class ; William Lazonick ; 10. Energy systems transformation: State choices at the intersection of sustainability and growth ; Mark Huberty ; 11. How the Nordic Nations Stay Rich: Governing Sectoral Shifts in Denmark, Finland and Sweden ; Darius Ornston ; 12. Directionless: French Economic Policy in The 21st Century ; Jonah D. Levy ; 13. Japan's Information Technology Challenge ; Steven K. Vogel ; Conclusion: A Third Globalization, Lessons for Sustained Growth? ; Dan Breznitz and John Zysman
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provides a substantial and timely foundation on which new work can be built.
Selling point: timely study of global economic issues
Selling point: looks at the BRIC nations as a whole as well as at specific economic sectors
Selling point: uses comparative perspective to paint fuller picture of the political implications of current world economy
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Dan Breznitz is Associate Professor of Political Science, Georgia Institute of Technology, and author of Run of the Red Queen (Yale UP) and Innovation and the State (Yale UP). John Zysman is Professor of Political Science, UC-Berkeley, and co-author of Manufacturing Matters (Basic Books)
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Selling point: timely study of global economic issues
Selling point: looks at the BRIC nations as a whole as well as at specific economic sectors
Selling point: uses comparative perspective to paint fuller picture of the political implications of current world economy
Les mer
Produktdetaljer
ISBN
9780199917822
Publisert
2013
Utgiver
Vendor
Oxford University Press Inc
Vekt
830 gr
Høyde
239 mm
Bredde
161 mm
Dybde
31 mm
Aldersnivå
UP, P, 05, 06
Språk
Product language
Engelsk
Format
Product format
Innbundet
Antall sider
432