Competitiveness In The Real Economy
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| Author | : Rui Vinhas da Silva |
| Publisher | : Routledge |
| Total Pages | : 409 |
| Release | : 2016-05-23 |
| Genre | : Business & Economics |
| ISBN | : 1317162854 |
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.
| Author | : Johnathan M. Holifield |
| Publisher | : |
| Total Pages | : 280 |
| Release | : 2017-04-13 |
| Genre | : History and condition |
| ISBN | : 9780692877708 |
CAN AMERICA WIN ITS ECONOMIC FUTURE? "YES," says the Architect of Inclusive Competitiveness (r), Johnathan M. Holifield. In this groundbreaking book - an Innovation Economy leader, civil rights advocate and former NFL athlete - Johnathan shines a bright light on shifting demographic trends in the United States and the dramatic impact this will have on our economic future. Inside these pages you'll learn the potential pitfalls ahead, as well as the extraordinary opportunities for shared socio-economic prosperity. Although the economic narrative of the 20th century served America well, it will not - indeed, it cannot - meet the needs of the 21st century. Calling for "All Hands On Deck," this book lays out an exciting way forward for America to win the future. Johnathan presents a compelling model for a new economic narrative and action framework for leaders in business, government, technology, education, philanthropy and the community, and also shows how important it is and will be to include disconnected Americans - women, Blacks, Hispanics and rural populations - if our country is to maintain its position of global economic leadership. This book is essential reading for anyone concerned about the socio-economic future of the U.S. What the experts are saying: "Brilliant! Unlike any other book written on economic development, this one encapsulates the challenges and opportunities of the nation through the lens of economic inclusion and competitiveness ideals. Johnathan has provided America a Rosetta Stone that will unleash America's untapped economic prowess..." JAY W ILLIAMS, FORMER U.S. ASSISTANT SECRETARY OF COMMERCE FOR ECONOMIC DEVELOPMENT "With a fresh voice, Holifield clearly identifies the economic imperative of our time. Prescribing a realignment of underserved community priorities to incorporate economic competitiveness, his restructuring framework is perceptive, coherent, and transcends political affiliations..." MICHAEL SCHREIBER, CHIEF OPERATING OFFICER, ROBERT F. KENNEDY HUMAN RIGHTS "In his new book, "The Future Economy and Inclusive Competitiveness," Johnathan Holifield presents a powerful vision for how the United States can sustain economic growth and wealth creation well in to the future. His vision is based on a compelling modern view of the wealth of nations. In Holifield's view, the wealth of nations is bound up in the interconnectedness of the knowhow, implementable ideas, and information networks of the various ethnic and racial groups and individuals in the economy. He argues that the opportunity for increased economic growth and wealth generation for the United States is presented by the "demographic shift", the so-called browning of America." The key to opening the door to this opportunity is for the private and public sectors to embrace and engage strategies of economic inclusion. Simply put, Holifield argues that the size and robustness of the future US economy is a matter of best practices in a market place of inclusion that stimulates economic competitiveness. Holifield's powerful insight for how economic inclusion can define the future for the US economy is truly a must read." RONALD A. JOHNSON, PhDPRESIDENT, CLARK ATLANTA UNIVERSITY
| Author | : Mun Heng Toh |
| Publisher | : World Scientific |
| Total Pages | : 380 |
| Release | : 1998 |
| Genre | : Business & Economics |
| ISBN | : 9789971692148 |
This volume provides an intensive review of the economic competitiveness of Singapore's economy. It identifies and analyses the strategies which will allow the economy to retain its competitive advantage in the years ahead in an increasingly globalised economic environment, considerably liberalised international trading and investment climate, and with regional economies challenging the country's competitive edge as a regional transportation hub, international financial centre and a primary regional centre for technology and education. Dialogues and interviews with managers and CEOs of industries in the private and public sectors are also included.
| Author | : Jurgita Bruneckienė |
| Publisher | : Springer |
| Total Pages | : 330 |
| Release | : 2015-06-09 |
| Genre | : Business & Economics |
| ISBN | : 3319172875 |
The book presents theoretical and empirical research on the integrated assessment of cartels’ effects on national economies. The empirical analysis is based on three cases in Lithuania, a country chosen because it corresponds to the features of a small economy with a developing culture of competition. An integrated assessment of a cartel’s impact by measuring the net economic effect created by its operations on the market is extremely important at the scale of national economies. If a cartel’s true impact is not identified and evaluated, it is impossible to make important strategic decisions, for the whole economy instead of individual affected parties and to establish an optimum baseline for mitigating the harm done to the economy. Thus, an integrated cartel impact assessment can help to more proactively combat cartel agreements on the market and improve the economic welfare of the respective country.
| Author | : Thomas Philippon |
| Publisher | : Belknap Press |
| Total Pages | : 361 |
| Release | : 2019-10-29 |
| Genre | : Business & Economics |
| ISBN | : 0674237544 |
A Financial Times Book of the Year A ProMarket Book of the Year “Superbly argued and important...Donald Trump is in so many ways a product of the defective capitalism described in The Great Reversal. What the U.S. needs, instead, is another Teddy Roosevelt and his energetic trust-busting. Is that still imaginable? All believers in the virtues of competitive capitalism must hope so.” —Martin Wolf, Financial Times “In one industry after another...a few companies have grown so large that they have the power to keep prices high and wages low. It’s great for those corporations—and bad for almost everyone else.” —David Leonhardt, New York Times “Argues that the United States has much to gain by reforming how domestic markets work but also much to regain—a vitality that has been lost since the Reagan years...His analysis points to one way of making America great again: restoring our free-market competitiveness.” —Arthur Herman, Wall Street Journal Why are cell-phone plans so much more expensive in the United States than in Europe? It seems a simple question, but the search for an answer took one of the world’s leading economists on an unexpected journey through some of the most hotly debated issues in his field. He reached a surprising conclusion: American markets, once a model for the world, are giving up on healthy competition. In the age of Silicon Valley start-ups and millennial millionaires, he hardly expected this. But the data from his cutting-edge research proved undeniable. In this compelling tale of economic detective work, we follow Thomas Philippon as he works out the facts and consequences of industry concentration, shows how lobbying and campaign contributions have defanged antitrust regulators, and considers what all this means. Philippon argues that many key problems of the American economy are due not to the flaws of capitalism or globalization but to the concentration of corporate power. By lobbying against competition, the biggest firms drive profits higher while depressing wages and limiting opportunities for investment, innovation, and growth. For the sake of ordinary Americans, he concludes, government needs to get back to what it once did best: keeping the playing field level for competition. It’s time to make American markets great—and free—again.
| Author | : Richard J. Gilbert |
| Publisher | : MIT Press |
| Total Pages | : 337 |
| Release | : 2020-07-14 |
| Genre | : Business & Economics |
| ISBN | : 026235862X |
A proposal for moving from price-centric to innovation-centric competition policy, reviewing theory and available evidence on economic incentives for innovation. Competition policy and antitrust enforcement have traditionally focused on prices rather than innovation. Economic theory shows the ways that price competition benefits consumers, and courts, antitrust agencies, and economists have developed tools for the quantitative evaluation of price impacts. Antitrust law does not preclude interventions to encourage innovation, but over time the interpretation of the laws has raised obstacles to enforcement policies for innovation. In this book, economist Richard Gilbert proposes a shift from price-centric to innovation-centric competition policy. Antitrust enforcement should be concerned with protecting incentives for innovation and preserving opportunities for dynamic, rather than static, competition. In a high-technology economy, Gilbert argues, innovation matters.
| Author | : National Bureau of Economic Research |
| Publisher | : Princeton University Press |
| Total Pages | : 647 |
| Release | : 2015-12-08 |
| Genre | : Political Science |
| ISBN | : 1400879760 |
The papers here range from description and analysis of how our political economy allocates its inventive effort, to studies of the decision making process in specific industrial laboratories. Originally published in 1962. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
| Author | : Pearson, Gordon |
| Publisher | : Policy Press |
| Total Pages | : 238 |
| Release | : 2020-10-21 |
| Genre | : Business & Economics |
| ISBN | : 1447356594 |
Debunking the myths around the current economic belief systems, this book reveals how mainstream perspectives work for the benefit of the organised money establishment, while causing all manner of destructions, inequalities and frauds, all conspiring against the common good. Focused on the realities of organisational systems, Pearson offers a practical alternative to economic dogma. Written from a distinctive perspective that combines practitioner and academic expertise, this book is structured as a simple model of business strategy and identifies necessary systems change in order to achieve a truly sustainable future.
| Author | : Anwar Shaikh |
| Publisher | : Oxford University Press |
| Total Pages | : 1019 |
| Release | : 2016-01-15 |
| Genre | : Business & Economics |
| ISBN | : 0190298340 |
Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act to bring about supposedly optimal outcomes. The discrepancies between this model and the reality it claims to address are then attributed to particular imperfections in reality itself. Most heterodox economists seize on this fact and insist that the world is characterized by imperfect competition. But this only ties them to the notion of perfect competition, which remains as their point of departure and base of comparison. There is no imperfection without perfection. In Capitalism, Anwar Shaikh takes a different approach. He demonstrates that most of the central propositions of economic analysis can be derived without any reference to standard devices such as hyperrationality, optimization, perfect competition, perfect information, representative agents, or so-called rational expectations. This perspective allows him to look afresh at virtually all the elements of economic analysis: the laws of demand and supply, the determination of wage and profit rates, technological change, relative prices, interest rates, bond and equity prices, exchange rates, terms and balance of trade, growth, unemployment, inflation, and long booms culminating in recurrent general crises. In every case, Shaikh's innovative theory is applied to modern empirical patterns and contrasted with neoclassical, Keynesian, and Post-Keynesian approaches to the same issues. Shaikh's object of analysis is the economics of capitalism, and he explores the subject in this expansive light. This is how the classical economists, as well as Keynes and Kalecki, approached the issue. Anyone interested in capitalism and economics in general can gain a wealth of knowledge from this ground-breaking text.
| Author | : Stefan Collignon |
| Publisher | : Routledge |
| Total Pages | : 233 |
| Release | : 2014-02-05 |
| Genre | : Business & Economics |
| ISBN | : 1317812336 |
This book deals with the relationship between the competitiveness of countries in Europe and the analysis of macroeconomic imbalances. It focuses mainly on a European analysis, along with special studies of the German economy, which is rarely considered to be a cause for the current crisis. The book also compares Germany with Italy, providing a comparative perspective on structural reforms. The first part of this book analyses macroeconomic imbalances based on a new framework from the analysis of the flow of founds rather than balance of payments, and presents an alternative measure of unit labour cost comparisons to investigate the relationship between imbalances and competitiveness. The second part is dedicated to the analysis of the trade performance of Germany and Italy and the sustainability of the German model in the EMU. The third part describes the reform policies implemented by Germany and their effect on imbalances; this includes wage moderation, the labour market reforms and weak labour demand. The final part explores the regional inequalities within Germany and Italy, providing useful lessons regarding fiscal federalism and regional banking developments. In conclusion, a big part of the problems within the Euro Area are generated by the use of a wrong framework of analysis, where the EMU is considered as a fixed exchange rate regime and not a single country. This book provides an alternative view which holds at the core the relationship between sectors. It is stressed throughout the book that the German behaviour has contributed to the rise of imbalances between countries due to its growth model, not suitable for a big developed country in a currency union. This book also finds that stressing banking integration within countries helps to reduce regional inequalities, which has important implications for the management of Europe’s future banking union and macroeconomic imbalances.
