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In the summer of 1997, a tidal wave of economic problems swept across Asia. Currencies plummeted, banks failed, GNP stagnated, unemployment soared, and exports stalled. In short, the vaunted "Asian Economic Miracle" became the "Asian Economic...
After the devastation of World War II, Germany and Japan built national capitalist institutions that were remarkably successful in terms of national reconstruction and international competitiveness. Yet both "miracles" have since faltered, allowing...
An overarching ambiguity characterizes East Asia today. The region has at least a century-long history of internal divisiveness, war, and conflict, and it remains the site of several nettlesome territorial disputes. However, a mixture of complex and...
This book demonstrates the enduring, and even heightened, economic significance of national identities and nationalism in the current age.
This book demonstrates the importance of the credibility and the costs of accession conditionality for the adoption of EU rules in Central and Eastern Europe.
Conventional wisdom holds that "institutions matter." Here, Andrew MacIntyre reveals exactly how they matter in the developing world. Combining an eye for current concerns in international politics with a deep knowledge of Southeast Asia, MacIntyre...
Conflict between labor and capital reflects the competitive and conflict-laden relations within the working class itself, Peter Swenson maintains. Fair Shares examines the internal conflicts of organized labor regarding distribution of wages in order to explain both union leaders' market-structuring objectives in the "political economy", and...
Bonnie Laughlin-Schultz reveals for the first time the depth of the Brown women's involvement in John Brown's cause and their crucial roles in preserving and transforming his legacy after his death.
How China Escaped the Poverty Trap offers the most complete synthesis to date of the numerous interacting forces that have shaped China's dramatic makeover and the problems it faces today.
Thomas C. Field Jr. reconstructs the untold story of USAID's first years in Bolivia, including the country's 1964 military coup d'etat.
At the close of the twentieth century, Denmark, Finland, and Ireland emerged as unlikely centers for high-tech competition. In When Small States Make Big Leaps, Darius Ornston reveals how these historically low-tech countries managed to assume leading positions in new industries such as biotechnology, software, and telecommunications equipment. In each case, countries used institutions that are commonly perceived to delay restructuring to accelerate the redistribution of resources to emerging enterprises and industries.Ornston draws on interviews with hundreds of politicians, policymakers, and industry representatives to identify two different patterns of institutional innovation and economic restructuring. Irish policymakers worked with industry and labor representatives to contain costs and expand market competition. Denmark and Finland adopted a different strategy, converting an established tradition of private-public and industry-labor cooperation to invest in high-quality inputs such as human capital and research. Both strategies facilitated movement into new high-tech industries but with distinctive political and economic consequences. In explaining how previously slow-moving states entered dynamic new industries, Ornston identifies a broader range of strategies by which countries can respond to disruptive challenges such as economic internationalization, rapid technological innovation, and the shift to services.
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