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Vol. for Apr. 1978 include a special report on inflation.
What is the cause of the American steel industry's deplorable situation today? Troubled in many areas—competition from imports, technology implementation, cost and utilization of raw materials, investment policy, philosophy of management, and union attitudes, to name only a few—can the industry survive? These are the questions Dr. Kiers confronts in this book. Unless answers can be found, he warns, the result will be further decline and, finally, bankruptcy or nationalization. Unwilling to accept either possibility, Dr. Kiers challenges the steel industry to achieve a rebirth he sees as feasible only through a hard-nosed, realistic approach, an insistence on innovation, and a willingness to apply discipline to every facet of steel making. Dr. Kiers presents an in-depth analysis of Japan's steel industry, compares it with the U.S. industry, and discusses U.S. technology and import problems with reference to Japan. He then inventories the factors responsible for the current problems and lays the groundwork for a new start, going on to point out that the difficulties faced by the steel industry may be a portent of what will happen to other industries unless they, too, reassess both labor and management attitudes and make radical changes.
The International Political Economy Yearbook will be published annually under the sponsorship of the International Political Economy Section of the International Studies Association at the Department of Political Science, Brigham Young University. The intent of the series is to describe and explain the structure and the dynamic operation of the international political economy and to explore their political, social, and economic impact on different countries, be they advanced market economies, newly industrializing countries, or underdeveloped countries. This first volume is an overview of the policy and research field of international political economy studies. It explores what international political economy is; what approaches and theories might broaden and deepen our understanding of the phenomena addressed; what perspectives seem inappropriate or misdirected; and why neither international relations scholars nor mainstream economists can any longer claim status as senior partners in the community of scholars and policymakers interested in these issues. It also addresses major policy problems confronting both advanced and developing countries, including commodity trade, foreign investment, regulation of multinational corporations, food shortages and other development problems, industrial crises in the United States and Europe, international debt, and the increased role of the state in different economies.