Strategic Management delivers an insightful and concise introduction to strategic management concepts utilizing a strong mix of real-world contemporary examples. Written in a conversational style, this product sparks ideas, fuels creative thinking and discussion, while engaging students with the concepts they are studying.
Forty years ago, Marcus Fleming and Robert Mundell developed independent models of macroeconomic policy in open economies. Why do we link the two, and why do we call the result the Mundell-Fleming, rather than Fieming-Mundell model?
American business has recently been under fire, charged with inflated pricing and an inability to compete in the international marketplace. However, the evidence presented in this volume shows that the business community has been unfairly maligned—official measures of inflation and the standard of living have failed to account for progress in the quality of business equipment and consumer goods. Businesses have actually achieved higher productivity at lower prices, and new goods are lighter, faster, more energy efficient, and more reliable than their predecessors. Robert J. Gordon has written the first full-scale work to treat the extent of quality changes over the entire range of durable goods, from autos to aircraft, computers to compressors, from televisions to tractors. He combines and extends existing methods of measurement, drawing data from industry sources, Consumer Reports, and the venerable Sears catalog. Beyond his important finding that the American economy is more sound than officially recognized, Gordon provides a wealth of anecdotes tracing the postwar history of technological progress. Bolstering his argument that improved quality must be accurately measured, Gordon notes, for example, that today's mid-range personal computers outperform the multimillion-dollar mainframes of the 1970s. This remarkable book will be essential reading for economists and those in the business community.
The end of the Cold War has unleashed unique economic and political forces. Computers are an increasing impetus to the world economy, along with technological developments. This work studies these developments, and others, to survey the approaches to understanding international economic relations.
In this third edition the chapters have been enhanced to reflect changes in technology and the way the air transport industry runs. Key topics that are newly addressed include low cost airline operations, security issues and EASA regulations on airports. A new chapter covering extended details about wildlife control has been added to the volume.
The Book Publishing Industry focuses on consumer books (adult, juvenile, and mass market paperbacks) and reviews all major book categories to present a comprehensive overview of this diverse business. In addition to the insights and portrayals of the U.S. publishing industry, this book includes an appendix containing historical data on the industry from 1946 to the end of the twentieth century. The selective bibliography includes the latest literature, including works in marketing and economics that has a direct relationship with this dynamic industry. This third edition features a chapter on e-books and provides an overview of the current shift toward digital media in the US book publishing industry.
In post-industrial societies more and more people earn an income in creative knowledge work, a highly flexible labour market segment that demands a geographically mobile workforce. Creative knowledge work is based on an understanding of language, culture and symbolic meanings. This can best be obtained through local and national embeddedness. Yet, this necessity for embeddedness stands in contrast to the demand in geographical mobility. How is this contradiction solved by individuals? What new forms of place attachment does this bring about? This book introduces a showcase of 25 multilocal creative knowledge workers, who live in different countries at the same time. It investigates how continuous mobility becomes part of their lifeworld, and how it changes their feelings of belonging and practices of place attachment. Applying an innovative methodological mix of social phenomenology, hermeneutics and mental mapping, this book takes a detailed look at biographies and the role of places in mobile lifeworlds. Plug&Play Places brings forth the idea that places have to be understood as individual items, which are configured and then plugged into the ‘system’ of the own lifeworld. They can be ‘played’ without great effort once an individual needs to make use of them. This new type of place attachment is a form of subjective standardization of place, which complements the well-known models of objective standardization of places. Plug&Play Places is relevant for scientists who deal with mobility and its impact on individual lifeworlds, with transnational multilocality and with flexibilized labour markets. Furthermore, the book provides a detailed qualitative perspective which can enrich the explanations of quantitative research in the same field. It is an interesting reading also for practitioners engaged in urban planning, housing and real estate development. Robert Nadler holds a doctoral degree in Urban and Local European Studies from the University of Milan-Bicocca. He is a researcher at the Leibniz Institute for Regional Geography and published on creative industries, multilocality and labour mobility.
Trade policy issues are no longer solely the concern of a few government specialists and academics. Manufacturers, businesspeople, educators, and government officials must keep abreast of laws and regulations relating to trade, the economic consequences of various trade measures, and current trends in policy, but there have been few coherent sources for such information. Trade Policy in a Changing World Economy provides a clear introduction to complex trade issues, covering theoretical issues of trade policy, the changing nature of American trade policy, the changing nature of American trade policy since World War II, multilateral trade negotiations, and trade strategies. The volume is particularly timely as the world's nations enter a new round of GATT negotiations for the reduction of trade barriers.
Has uniformly good essays on economic and political change, the policies of the great and local powers, and the prospects for building a new regional order". -- Foreign Affairs
Fourteen leading economists analyze the problem of imbalance in international payments and suggest corrective measures. Three general appraisals by William Fellner, Fritz Machlup, and Robert Triffin are followed by shorter technical papers on special issues by Fellner, Gottfried Haberler, Sir Roy Harrod, Harry G. Johnson, Peter B. Kenen, Alexandre Lamfalussy, Friedrich A. Lutz, Machlup, Jürg Niehans, Walters S. Salant, Tibor Scitovsky, James Tobin, Triffin, and Robert L. West. Originally published in 1966. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Horwitz here examines the history of telecommunications to build a compelling new theory of regulation, showing how anti-regulation rhetoric has often had unintended and unwanted effects on American industry.
The unprecedented shifts in the U.S. dollar's exhange rate that started during the late 1970s and continued through the 1980s provide an ideal opportunity to explore how the global economy works and the role that multinational enterprises (MNEs) play in the phenomenon of globalization. In this book, Subramanian Rangan and Robert Z. Lawrence examine the international pricing, sourcing, and trade responses of MNEs to shifts in the dollar. Based upon the micro patterns they observe in MNE behavior, the authors suggest explanations for some puzzling macro patterns evident in our international economy. They conclude that the global integration of markets remains incomplete due to informational and other important discontinuities, and they refute stereotypes which portray multinational firms as either footloose or inflexible. Policy implications for exchange rates, trade, and foreign direct investment are also discussed.
Today there is widespread recognition that capitalism is the socioeconomic system of choice. This volume, perhaps the best single-volume assessment of this economic model and how it emerged, contributes to the understanding of the historic role of capitalism. After reviewing the gestation of the system, it explains the emergence of full-blown capitalism in the eighteenth century, taking it into the nineteenth and its link to the industrial revolution. The primary focus, however, is on the twentieth century, in which capitalism faced and met challenges due to world wars and depression with the aid of interventionist policies, notably Keynesian economics and the welfare state. But the failure of the postwar policy consensus to cope with the twin problems of inflation and slow economic growth led to a resurgence of greater reliance on unalloyed capitalism. Capitalist values so permeate modern culture in America that to question them seems like heresy. In 1989, the economist Robert L. Heilbroner, who had been a perceptive student of capitalism and socialism for decades, proclaimed "The Triumph of Capitalism," arguing that the contest of economic systems was over and the victory of capitalism was unambiguous. Fifteen years later, C. Fred Bergsten, Director of the Institute for International Economics, reinforced this view: "The U.S. model of capitalism and globalization dominates thinking around the world." Writer Russell Baker, dismayed by perceived degrading effects of market-obsessed management on journalism, observed that "belief in the virtue of maximized profits has acquired something like sanctity in American life." An appreciation of economic and social history, and the accompanying clash of ideas, is helpful in providing a context in which ongoing challenges may be evaluated. It is important to know that what is understood to be capitalism has changed significantly over time. The purpose of this book is to provide such context. Written by an economist, but accessible to a general public, this book is a wide-ranging assessment of today's dominant economic system and its historical development.
The consequences of changing comparative advantage are transforming the economic landscapes of nations and regions around the globe. This book deals with the most significant economic factors in the rapidly changing Pacific Basin area. Part 1 considers the area’s changing patterns of industrial development and trade and examines the general implications of such changes for national industrial development policies. Part 2 consists of a set of case studies of national industrial policies in the context of factors affecting industrial structures; how applicable these policies are to other countries in the region is a central theme. Part 3 addresses the specific issues of foreign investment and domestic labor in relation to economic growth and industrial development in the Pacific Basin. Finally, in Part 4 institutional arrangements are suggested that would facilitate economic growth while, at the same time, mitigating the serious negative consequences of changing economic advantage. Such negative consequences are to some extent pervasive and can destabilize social and political development and endanger formal and informal alliances; nevertheless, the segment of humanity that has adequate food, clothing, and shelter is being permanently widened in the Pacific Basin.
This work explores how the new medium of television changed America's pastime and traces the sometimes contentious but mutually beneficial relationship between baseball and television, from the first televised game in 1939 to the modern-day world of Internet broadcasts, satellite radio, and high-definition television. Original.
Eclipsed by the scope of the Atlantic economy, obscured by Anglo-German rivalry, and nearly destroyed by the post-1945 division of Europe, the flow of goods across East Central Europe has been, nonetheless, an immensely significant pattern of European economic exchange. For Germany, the Osthandel (Eastern trade) was both a blessing and a curse; its bounty provided much of the raw material for the rise of German economic and political power in Europe, while its lure tantalized German ambitions to the point of madness. Despite the enduring importance of this commerce, no monograph has yet made this pattern of trade the centerpiece of its treatment of German-East European relations. This study puts this important pattern of German-East European trade into the center of discussion and views an extended period of German foreign policy toward Eastern Europe through this lens.
Samuel Gompers, the charismatic chief of the American Federation of Labor at the turn of the century, claimed to represent the interests of all workers in North America, but it was not until American corporations began to export jobs to Canada via branch plants that he became concerned with representing Canadian workers. Within a very short time the Canadian labour movement was rationalized into a segment of the American craft-union empire. In order to secure the loyalty of these new recruits, the AFI reduced the national trade-union centre of Canada, the Trades and Labor Congress, to the level of an American state federation of labour. But Gombers failed to perceive the different political, historical, and cultural climates north of the forty-ninth parallel, and his policies inevitably generated friction. Although some Canadian workers felt sympathy for labour politicians inspired by left-wing doctrines and the social gospel movement, Gompers strove to keep Canadian socialists at bay. And although Canadian workers expressed considerable interest in governmental investigation of industrial disputes, Gompers remained inimical to such moves. Canadian labour groups desired a seat on international labour bodies, but Gompers would not allow them to speak through their own delegate. Canadian unions deemed rivals to AFL affiliates were banished. Dues were siphoned off into union treasuries in the US, and American labour leaders kept firm control over organizing efforts in Canada. Perhaps most importance, the AFL’s actions at the TLC convention of 1902—its opposition to dual unionism—helped spawn a separate labour movement in Quebec. Yet by 1914, following nearly two decades of effort by Gompers, many Canadian workers had become his willing subjects. Though others struggled to loosen Gompers’ grip on the Canadian labour movement, Canadian trade unions appeared firmly wedded to the AFL’s continentalism. The story of Gompers in Canada has never been properly treated: this book is a significant addition to Canadian and American labour history and to the study of American expansion. Based upon exhaustive research in the Gompers papers, the AFL-CIO archives, and in various Canadian manuscript and newspaper sources, it clearly reveals one importance aspect of the growth of American’s ‘informal’ empire at the turn of the century.
George Woods transformed the World Bank from a relatively passive investment organization into an active leader of world development. He pushed for greatly increased lending in support of agriculture and education, worked closely with the United Nations, and revived and greatly strengthened economic analysis in the Bank itself. He also initiated measures to expand the equity investments of the International Finance Corporation and sought annual funding of one billion dollars for the International Development Association, the Bank's soft-loan affiliate. He retired in 1968 after inducing Robert McNamara to be his successor.
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