Competitiveness In The Real Economy

Author : Rui Vinhas da Silva
Publisher : Routledge
ISBN 13 : 1317162846
Total Pages : 396 pages
Book Rating : 4.41/5 ( download)

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Download or read book Competitiveness in the Real Economy written by Rui Vinhas da Silva and published by Routledge. This book was released on 2016-05-23 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Value aggregation to goods and services is unbelievably important to the balance of trade of modern nations, yet it receives minute attention by economists and policy-makers alike. In Competitiveness in the Real Economy, Rui Vinhas da Silva shows that the nature and dynamics of contemporary global competition requires a sharper focus on value aggregation. He provides a rounded, integrative and multi-disciplinary perspective linking national competitiveness, economics and management. The emphasis is on a transversal philosophy of value aggregation as a key driver of national competitiveness across sectors in the real economy and from production to the consumption of goods and services. The links between exports, inflows of foreign direct investment (FDI) and country competitiveness are examined along with the role of exports and the attraction of FDI inflows in building national GDP. The author emphasises that culture, the notion of being cosmopolitan and understanding aspirational and discriminatory consumers with high disposable income are key drivers of success in the global economy. Acknowledging that the complexity of problems comes from diversity of global actors, the author highlights the limitations of current economics in responding to contemporary challenges. His concern about the management sciences and management learning is that solutions do not lie in the formulation and prescription of universal laws, but are contextually-laden and derive from an informed intuition that is partly taught and partly experiential. The book addresses the implications of all this for how the management skills needed for competitive advantage might best be developed.

Author : Rui Vinhas da Silva
Publisher : Routledge
ISBN 13 : 1317162854
Total Pages : 410 pages
Book Rating : 4.58/5 ( download)

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Download or read book Competitiveness in the Real Economy written by Rui Vinhas da Silva and published by Routledge. This book was released on 2016-05-23 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: Value aggregation to goods and services is unbelievably important to the balance of trade of modern nations, yet it receives minute attention by economists and policy-makers alike. In Competitiveness in the Real Economy, Rui Vinhas da Silva shows that the nature and dynamics of contemporary global competition requires a sharper focus on value aggregation. He provides a rounded, integrative and multi-disciplinary perspective linking national competitiveness, economics and management. The emphasis is on a transversal philosophy of value aggregation as a key driver of national competitiveness across sectors in the real economy and from production to the consumption of goods and services. The links between exports, inflows of foreign direct investment (FDI) and country competitiveness are examined along with the role of exports and the attraction of FDI inflows in building national GDP. The author emphasises that culture, the notion of being cosmopolitan and understanding aspirational and discriminatory consumers with high disposable income are key drivers of success in the global economy. Acknowledging that the complexity of problems comes from diversity of global actors, the author highlights the limitations of current economics in responding to contemporary challenges. His concern about the management sciences and management learning is that solutions do not lie in the formulation and prescription of universal laws, but are contextually-laden and derive from an informed intuition that is partly taught and partly experiential. The book addresses the implications of all this for how the management skills needed for competitive advantage might best be developed.

Author : Michael Kitson
Publisher : Routledge
ISBN 13 : 1136294805
Total Pages : 214 pages
Book Rating : 4.08/5 ( download)

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Download or read book The Political Economy of Competitiveness written by Michael Kitson and published by Routledge. This book was released on 2015-12-22 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Political Economy of Competitiveness offers an original perspective on the relationship between economic theory and policy. It places the issues within an accessible political economy perspective. Rejecting the narrowness of mainstream economics the authors deploy an interdisciplinary approach to the problem of economic growth, placing it in its historical and political context. Issues covered include: * trade theory and policy * industrial decline and policy * markets, competition and innovation * globalisation, unemployment and government policy. The book provides a valuable guide to the major economic policy issues for both economists and business students.

Author : Candace Howes
Publisher : University of Michigan Press
ISBN 13 : 0472027409
Total Pages : 216 pages
Book Rating : 4.08/5 ( download)

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Download or read book Competitiveness Matters written by Candace Howes and published by University of Michigan Press. This book was released on 2010-08-27 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book argues, against the current view, that competitiveness--that is, the competitiveness of the manufacturing sector--matters to the long-term health of the U.S. economy and particularly to its long-term capacity to raise the standard of living of its citizens. The book challenges the arguments popularized most recently by Paul Krugman that competitiveness is a dangerous obsession that distracts us from the question most central to solving the problem of stagnant real income growth, namely, what causes productivity growth, especially in the service sector. The central argument is that, if the U.S. economy is to achieve full employment with rising real wages, it is necessary to enhance the competitiveness of its tradable goods sector. The book shows that current account deficits cannot be explained by macroeconomic mismanagement but are rather the consequence of an uncompetitive manufacturing sector. It finds that the long-term health of the manufacturing sector requires not only across-the-board policies to remedy problems of low or inefficient investment, but also sectoral policies to address problems that are strategic to resolving the balance of payments problems. Lessons are drawn from the experience of some European and Asian countries. This book will be of interest to economists, political scientists, and business researchers concerned with the place of the manufacturing sector in overall health of the U.S. economy, with issues of industrial policy and industrial restructuring, and with the conditions for rising standards of living. Candace Howes is Associate Professor, Barbara Hogate Ferrin Chair, Connecticut College. Ajit Singh is Professor of Economics, Queens College, Cambridge.

Author : Richard E. Caves
Publisher : Harvard University Press
ISBN 13 : 9780674154254
Total Pages : 468 pages
Book Rating : 4.58/5 ( download)

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Download or read book Competition in the Open Economy written by Richard E. Caves and published by Harvard University Press. This book was released on 1980 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the nations of the world becoming more interdependent, it is imperative to take international influences into account in understanding the organization of industry within a country. This book extends the structure/conduct/performance framework of analysis to present a fully specified simultaneous equation model of an open economy--Canada. By estimating a system of equations of all the major variables, the authors can identify which variables are dependent and which are independent. They are thus able to assess the relative importance of such factors as seller concentration, import competition, retailing structure, advertising expenditure, research and development spending, and technical and allocative efficiency in shaping the organization of industry in Canada. In addition, using both industry-level and firm-level data, the authors develop methods for assessing the effect of structural variables on diversification strategies and the consequences for market performance. They also study the effects of such variables on firms' access to capital markets. The book concludes with a discussion of the implications of the findings for government policy.

Author : Thomas Philippon
Publisher : Belknap Press
ISBN 13 : 0674237544
Total Pages : 361 pages
Book Rating : 4.44/5 ( download)

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Download or read book The Great Reversal written by Thomas Philippon and published by Belknap Press. This book was released on 2019 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: American markets, once a model for the world, are giving up on competition. Thomas Philippon blames the unchecked efforts of corporate lobbyists. Instead of earning profits by investing and innovating, powerful firms use political pressure to secure their advantages. The result is less efficient markets, leading to higher prices and lower wages.

Author : Timo J. Hämäläinen
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 410 pages
Book Rating : 4.97/5 ( download)

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Download or read book National Competitiveness and Economic Growth written by Timo J. Hämäläinen and published by Edward Elgar Publishing. This book was released on 2003 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current paradigm shift in the world economy is challenging the traditional competitiveness and growth theories with their few explanatory variables. This book offers a more holistic framework to synthesise the key findings of the various branches of competitiveness and growth research. The author illustrates this framework with a new long wave theory of socio-economic development. This theory emphasises the competitiveness and growth benefits of rapid structural adjustment in the rapidly changing techno-economic environment. Based on thorough analysis the author argues that both markets and governments have become less efficient due to the current transformation of the world economy. His empirical data from 22 OECD countries in the 1980s and 1990s illustrates that efficiency and growth-oriented governments have significantly contributed to their countries' economic success. National Competitiveness and Economic Growth will furnish its readers with a better understanding of the interdependencies of many important but seemingly unrelated aspects of modern economies and societies, for example the dynamics of business and technology, and cultural and institutional change. It will appeal to economists, business professionals and policymakers with a special interest in the competitiveness and growth of firms and national economies as well as the long-term development of socio-economic systems.

Author : Paul De Grauwe
Publisher : MIT Press
ISBN 13 : 0262013967
Total Pages : 307 pages
Book Rating : 4.63/5 ( download)

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Download or read book Dimensions of Competitiveness written by Paul De Grauwe and published by MIT Press. This book was released on 2010-07-23 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading economists analyze the multiple factors that drive competitiveness among nations in world markets. Competitiveness among nations is often approached as if it were a sports competition: some countries win medals, others lose out. This view of countries fighting it out in the economic arena is especially popular in business circles and among politicians. Economists, however, take a very different approach to international economic relations, arguing that international trade leads not to winners and losers but to win-win situations in which all countries profit. In this volume, leading economists take on the sometimes-derided concept of competitiveness, demonstrating the value of systematic analysis in an area too often dominated by special interest groups who use (and abuse) the concept to advance hidden agendas. The chapters range from broad theoretical views to case studies, examining the multiple factors that drive competitiveness. Contributors consider the conceptual framework underlying the World Economic Forum's approach to competitiveness; differences in per capita GDP between the United States and the European Union; an integrated approach to measuring competitiveness and comparative advantage; divergent trends in price and cost competitiveness in the euro area; methodological issues in constructing competitiveness indicators; taxation and international competitiveness; and a case study of Mexico's competitiveness in world markets in comparison to China's. Contributors Harry P. Bowen, Michele Ca' Zorzi, Jean-Philippe Cotis, Romain Duval, Christoph Fischer, Michael S. Knoll, Inmaculada Martinez-Zarzoso, Wim Moesen, Felicitas Nowak-Lehmann, Xavier Sala-i-Martin, Bernd Schnatz, Alain de Serres, Eckhard Siggel, Sebastian Vollmer

Author : Frank Machovec
Publisher : Routledge
ISBN 13 : 1134820232
Total Pages : 404 pages
Book Rating : 4.38/5 ( download)

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Download or read book Perfect Competition and the Transformation of Economics written by Frank Machovec and published by Routledge. This book was released on 1995-05-04 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: Frank Machovec argues that the assumption of perfect information has done untold economic damage. It has has led to state intervention and obscured the extent to which entrepreneurial activity depends on asymetric information.

Author : Johnathan M. Holifield
Publisher :
ISBN 13 : 9780692877708
Total Pages : 280 pages
Book Rating : 4.03/5 ( download)

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Download or read book The Future Economy and Inclusive Competitiveness written by Johnathan M. Holifield and published by . This book was released on 2017-04-13 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: CAN AMERICA WIN ITS ECONOMIC FUTURE? "YES," says the Architect of Inclusive Competitiveness (r), Johnathan M. Holifield. In this groundbreaking book - an Innovation Economy leader, civil rights advocate and former NFL athlete - Johnathan shines a bright light on shifting demographic trends in the United States and the dramatic impact this will have on our economic future. Inside these pages you'll learn the potential pitfalls ahead, as well as the extraordinary opportunities for shared socio-economic prosperity. Although the economic narrative of the 20th century served America well, it will not - indeed, it cannot - meet the needs of the 21st century. Calling for "All Hands On Deck," this book lays out an exciting way forward for America to win the future. Johnathan presents a compelling model for a new economic narrative and action framework for leaders in business, government, technology, education, philanthropy and the community, and also shows how important it is and will be to include disconnected Americans - women, Blacks, Hispanics and rural populations - if our country is to maintain its position of global economic leadership. This book is essential reading for anyone concerned about the socio-economic future of the U.S. What the experts are saying: "Brilliant! Unlike any other book written on economic development, this one encapsulates the challenges and opportunities of the nation through the lens of economic inclusion and competitiveness ideals. Johnathan has provided America a Rosetta Stone that will unleash America's untapped economic prowess..." JAY W ILLIAMS, FORMER U.S. ASSISTANT SECRETARY OF COMMERCE FOR ECONOMIC DEVELOPMENT "With a fresh voice, Holifield clearly identifies the economic imperative of our time. Prescribing a realignment of underserved community priorities to incorporate economic competitiveness, his restructuring framework is perceptive, coherent, and transcends political affiliations..." MICHAEL SCHREIBER, CHIEF OPERATING OFFICER, ROBERT F. KENNEDY HUMAN RIGHTS "In his new book, "The Future Economy and Inclusive Competitiveness," Johnathan Holifield presents a powerful vision for how the United States can sustain economic growth and wealth creation well in to the future. His vision is based on a compelling modern view of the wealth of nations. In Holifield's view, the wealth of nations is bound up in the interconnectedness of the knowhow, implementable ideas, and information networks of the various ethnic and racial groups and individuals in the economy. He argues that the opportunity for increased economic growth and wealth generation for the United States is presented by the "demographic shift", the so-called browning of America." The key to opening the door to this opportunity is for the private and public sectors to embrace and engage strategies of economic inclusion. Simply put, Holifield argues that the size and robustness of the future US economy is a matter of best practices in a market place of inclusion that stimulates economic competitiveness. Holifield's powerful insight for how economic inclusion can define the future for the US economy is truly a must read." RONALD A. JOHNSON, PhDPRESIDENT, CLARK ATLANTA UNIVERSITY