Governing Capitalist Economies Performance and Control of Economic Sectors

by Hollingsworth, J. Rogers; Schmitter, Philippe C.; Streeck, Wolfgang

• ISBN13: 9780195079685
• ISBN10: 019507968X
• Format: Hardcover
• Copyright: 1994-01-20
• Publisher: Oxford University Press

Summary

This comparative analysis of the coordination and control of industries in North America, Japan, and Western Europe challenges neo-classical economists' assumptions about the efficaciousness of market mechanisms as a means of enhancing economic performance. The authors also explore variation in state policies in the governance of internationally competitive industries (automobiles, chemicals, consumer electronics, and steel, for example) and demonstrate how variation in state policies influences the economic performance of industrial sectors. The authors argue that tightly controlled sectors outperform their less-regulated counterparts in the world economy.

Table of Contents

Capitalism, Sectors, Institutions, and Performance	p. 3
Neither Markets nor Hierarchies: A Comparative Study of the Printed Circuit Board Industry in Britain and Japan	p. 17
Governance Systems in Steel: The American and Japanese Experience	p. 43
Modes of Governance in the Shipbuilding Sector in Germany, Sweden, and Japan	p. 72
Industry as a Form of Order: A Comparison of the Historical Development of the Machine Tool Industries in the United States and Germany	p. 97
The Chemical Industry: A Study in Internationalization	p. 129
Sectoral Governance in the Automobile Industries of Germany, Great Britain, and France	p. 156
Industry or Infrastructure? A Cross-National Comparison of Governance: Its Determinants and Economic Consequences in the Dairy Sector	p. 183
Sectoral Governance in Consumer Electronics in Britain and France	p. 215
Keeping the Shotgun Behind the Door: Governing the Securities Industry in Canada, the United Kingdom, and the United States	p. 244
Countries and Sectors: Concluding Remarks on Performance, Convergence, and Competitiveness	p. 270
Contributors	p. 301
Index	p. 305
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