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This Book Offers A New Perspective On The Economics Of Globalization, Based On The Concepts Of Firms' Capabilities As The Immediate Cause Of Countries' Wealth. It Presents New Ways Of Looking At The Way China, India, And Africa Have Been Drawn Into The Global Economy Over The Past Two Decades. It Offers New Perspectives On Some Of The Most Central Questions In The Current Debate: What Effects Does The Rise Of China Have For The Advanced Industrial Economies? Why Have Some Industries Adapted Quickly And Effectively To The Changing Global Scene, While Others Have Not? How Were The 'transition Economies' Of Eastern Europe Affected By Trade Liberalization? How Have The Economic Prospects Of Sub-saharan African Countries Changed Over The Past Decade? This Analysis Contributes To The Recent Literature On Quality And Trade, Which Is Providing A New And Different Approach To The Analysis Of Globalization, And Which Focusses On Those Economic Mechanisms That Are Central To The Current Wave Of This Centuries-old Phenomenon. This Book Forms The Basis For The Author's Course On Globalisation And Strategy, Given To Masters Students In Economics And Management At The London School Of Economics.
This book investigates the core question of how firm-level capabilities serve as the primary driver of national wealth within the context of global economic integration. Author John Sutton, a professor at the London School of Economics, utilizes a framework centered on quality and trade to explain the disparate economic outcomes observed in developing and transition economies. By shifting the focus from traditional comparative advantage to the internal capabilities of firms, the text provides a mechanism for understanding how nations navigate the competitive pressures of the global market.
What You Will Find
Scope Limits
Experts recognize this work as a foundational text for students of economics and management, particularly for its rigorous application of firm-level theory to macro-level globalization trends. Readers frequently note the academic density of the prose, which reflects its origin as a graduate-level course curriculum.
Page Count:
144
Publication Date:
2012-01-01
Publisher:
Oxford University Press
ISBN-10:
0191644609
ISBN-13:
9780191644603
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