Description : Bringing together an international and multidisciplinary group of experts, this is the first comprehensive volume to analyze conglomerates and economic groups in developing countries and transition economies. Using sixteen in-depth case studies it provides a comparative framework for the study of contemporary process of privatization, economic and financial liberalization and neoliberal globalization. Exploring the various causes and economic, social and political effects of the rise of ‘big business’ in Asia, Latin America, Africa and Eastern Europe, the main issues that are examined include: the nature of contemporary economic concentration the relations between ‘local’ and ‘external’ investors the impact on development, and on economic and political control over its direction the new role of the state towards conglomerates and economics groups the effects of economic and political changes on the legitimacy of the state and large companies. This volume is perfect as either a textbook or supplementary reading for students at all levels, as well as researchers and governmental and non-governmental professionals working and studying in the fields of international business and economic development.
Description : Bringing together an international and multidisciplinary group of experts, this is the first comprehensive volume to analyze conglomerates and economic groups in developing countries and transition economies. Using sixteen in-depth case studies it provides a comparative framework for the study of contemporary process of privatization, economic and financial liberalization and neoliberal globalization. Exploring the various causes and economic, social and political effects of the rise of 'big business' in Asia, Latin America, Africa and Eastern Europe, the main issues that are examined include: the nature of contemporary economic concentration the relations between 'local' and 'external' investors the impact on development, and on economic and political control over its direction the new role of the state towards conglomerates and economics groups the effects of economic and political changes on the legitimacy of the state and large companies. This volume is perfect as either a textbook or supplementary reading for students at all levels, as well as researchers and governmental and non-governmental professionals working and studying in the fields of international business and economic development.
Description : Focusing on the formation of the Korean economic system, this book presents a fascinating and comprehensive analysis of economic development outside of the traditional neo-classical, developmental-state and dependency perspectives. It examines in detail the evolution of institutions that contributed to economic growth and the formation and the workings of the economic system. With an emphasis on the interaction between government, private institutions (Chaebol and financial institutions) and the influence of Japan, it offers one of the most stimulating and distinctive views of Korean economic development to date. It will be of key interest to scholars and researchers of financial growth and development, Asian finance, and regional and heterodox economics.
Description : Written in nontechnical terms, Big Business and the Wealth of Nations explains how the dynamics of big business have influenced national and international economies in the twentieth century. A path-breaking study, it provides the first systematic treatment of big business in advanced, emerging, and centrally planned economies from the late nineteenth century, when big businesses first appeared in American and West European manufacturing, to the present. These essays, written by internationally known historians and economists, help one to understand the essential role and functions of big businesses, past and present.
Description : Throughout the Twentieth Century, big business has been a basic institution. Large corporations have provided a fundamental contribution to the wealth of nations and, at the same time, have had a remarkable impact on the political and social systems within which they have operated. It is difficult to understand the development of the most advanced economies if we do not consider the specific evolution of big business in every national case. On the other hand, it is not possible to explain the shape and behavior of big business without considering its development as part of the history of the country in which they operate. The largest US, German, British and French firms were key actors in favoring their nations' development and, even at the end of the Twentieth Century, made a very important contribution to their growth. In many countries, a stable core of large corporations developed only relatively lately, or did not develop at all, and under these circumstances, big business was not able to significantly participate in the economic growth of such countries. Scholars who dealt with the economic history of Italy and Spain are generally unanimous in tagging these nations as industrial late-comers, ineffective in promoting big autochthonous private and State-owned firms, dominated by family companies, and characterized by a strong competitive advantage on the part of small and medium-sized enterprises. At the same time, Spanish and Italian business and economic historians have tended to say little about the role and features of big business. This book thus fills a significant gap in the work on the development of Southern European capitalism and its large corporations by analyzing the Italian and Spanish cases and comparing them with each other and with what has occurred in the United States and in the largest European nations. Examining both the macro dynamics (national but also supra national) and the micro level, utilizing samples of big corporations and going deeply into some company cases, this volume identifies some important protagonists of the Italian and Spanish economies (such as the State, families and foreign investors) and investigates a wider panorama which includes the political, economic and social relationships of the corporations, providing insights into the form of capitalism that exists in these countries.
Description : This book explores the role of national governments during the process of industrialisation in East Asia and examines the relationship between the State and business, clearing up many Western misconceptions. The similarities and differences which exist between nations in this region and the influence of Japan as a role model are also investigated. Government-industry linkages and an overview of economic rationale also studied in this volume are following the establishment of market orientated economies in many Far Eastern countries. This book brings new insight into the business-politics relationship which gives the reader a complete understanding of the East Asian economic 'miracle'.
Description : This book argues that a key dynamic behind economic development in the emerging markets is the coordination between the state and businesses. Exploring the links between institutions, state--business alliances and economic development in the context of tumultuous market transitions since the 1980s, the book tackles the formation and sustainability of coordination-inducing institutions besides their mere existence, and points out the new modalities of coordination in the age of new developmentalism. Based on extensive original research in Turkey and Mexico embedded in a comparative historical analysis, the book shows how state--business alliances have been formed, collapsed and re-formed between the respective states and shifting business actors since the launching of market transitions. It demonstrates how both the state and business actors, and their cohesiveness vs. fragmentation, play crucial roles in the making and sustainability of the institutions, which are central to state--business alliances. It explores the emergence of new actors, the diversification of the organizational landscape, and the evolution of the ways in which the states interact with businesses throughout major economic and political transformations that helped transform the respective states and their interactions with the non-state actors. It draws on the meandering developmental trajectories of Turkey and Mexico from the 1970s to the present and goes on to draw some lessons for institution-building and market reforms in selected countries in North Africa.
Description : This is a major comparative study of big business in the three dominant European nations across the 20th century. In particular the author looks at the character and performance of the major companies in each country at five snapshot moments through the century. In so doing he offers a broad and sweeping analysis of European business amply supported by a wealth of empirical data. Cassis view often challenges widely held assumptions about, for example, entrepreneurial failure in Britain; the relationship between big business and the Nazis in Germany; and the rebuilding of France in the post war period. To fill out his story Cassis looks closely at the role and charcter of the business elites in each country and and their relationship with wider social and political developments. The book will be essential reading for anyone interested in the development of European business and the links between business practice and the wider social and political environment in each country.