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The second edition of an innovative undergraduate textbook in Comparative Economic Systems that goes beyond the traditional dichotomies.
Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.
This book focuses on advanced market capitalism that examines the economies of the United States, Japan, France, Sweden, and Germany. It represents an effort to analyze and understand economic systems by using the standard principles of supply, demand, and cost analysis, along with property rights.
This revision of the best-selling text continues to analyze and explain economic systems using standard supply, demand, and cost analysis, along with property rights. Since the first edition appeared in 1990, much of the world has been going through one of history's great economic upheavals, in which state-managed economies of the Soviet type are transforming themselves into market-based systems. Coverage in this second edition reflects these changes with an all-new chapter on transitional economies. All graphs, tables, and other statistical data have also been updated, and a new appendix to chapter one develops the notion of common property to analyze problems of resource depletion and environmental degradation. Now in a convenient new format, Comparative Economic Systems, Second Edition will be published in two volumes instead of the original three. Volume II will appear in Fall 1997 as will a combined hardcover edition of Volume I and II.
Comparative Economic Systems: Culture, Wealth and Power in the 21st Century explains how culture, in various guises, modifies the standard rules of economic engagement, creating systems that differ markedly from those predicted by the theory of general market competition. This analysis is grounded in established principles, but also assumes that individual utility seeking may be culturally determined, that political goals may take precedence over public well being, and that business misconduct may be socially detrimental.
This book analyses the role of crisis or "conflicts" within socio-economic systems and advocates the concept of a "conflict-free" system as the landmark of global economic development.
Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License.
Why do different countries have such different financial systems? Is one system better than the other? This text argues that the view that market-based systems are best is simplistic, and suggests that a more nuanced approach is necessary.