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Limits of Convergence
Limits of Convergence
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A01=Mauro F. Guillen
Adtranz
Attempt
Austerity
Author_Mauro F. Guillen
Authoritarianism
Backwardness
Bank
Category=GTQ
Category=KCM
Category=KCP
Chaebol
Comparative advantage
Convertibility plan
Corporate group
Corporatism
Cross subsidization
Currency
Demand deposit
Dependency theory
Diversification (marketing strategy)
Economic development
Economy
Employment
Entrepreneurship
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Eroski
Euromoney
Excess supply
Exhaustion
Expense
Export
Export performance
Factor endowment
Foreign direct investment
Globalization
Haitai
Half-truth
Ideology
Indicative planning
Inflation
Intermediation
Investment
Inward investment
Isolationism
Joint venture
KEY Difference
Latin America
Liberalization
Manufacturing
Mercantilism
Nontariff Barrier
Perfil
Policy
Populism
Prioritization
Privatization
Protectionism
Quantity
Receivership
Reinforcement
Remittance
Research and development
Saving
Scarcity
Shortage
Sovereign Risk
Subsidiary
Subsidy
Target market
Tariff
Technology
Trade union
Transaction cost
Underdevelopment
World economy
Product details
- ISBN 9780691116334
- Weight: 397g
- Dimensions: 152 x 235mm
- Publication Date: 03 Aug 2003
- Publisher: Princeton University Press
- Publication City/Country: US
- Product Form: Paperback
This book challenges the widely accepted notion that globalization encourages economic convergence--and, by extension, cultural homogenization--across national borders. A systematic comparison of organizational change in Argentina, South Korea, and Spain since 1950 finds that global competition forces countries to exploit their distinctive strengths, resulting in unique development trajectories. Analyzing the social, political, and economic conditions underpinning the rise of various organizational forms, Guillen shows that business groups, small enterprises, and foreign multinationals play different economic roles depending on a country's path to development. Business groups thrive when there is foreign-trade and investment protectionism and are best suited to undertake large-scale, capital-intensive activities such as automobile assembly and construction. Their growth and diversification come at the expense of smaller firms and foreign multinationals. In contrast, small and medium enterprises are best fitted to compete in knowledge-intensive activities such as component manufacturing and branded consumer goods.
They prosper in the absence of restrictions on export-oriented multinationals. The book ends on an optimistic note by presenting evidence that it is possible--though not easy--for countries to break through the glass ceiling separating poor from rich. It concludes that globalization encourages economic diversity and that democracy is the form of government best suited to deal with globalization's contingencies. Against those who contend that the transition to markets must come before the transition to ballots, Guillen argues that democratization can and should precede economic modernization. This is applied economic sociology at its best--broad, topical, full of interesting political implications, and critical of the conventional wisdom.
Mauro F. Guillen is Associate Professor of Management and of Sociology at the Wharton School of the University of Pennsylvania. A former Guggenheim Fellow, he is the author of "Models of Management: Work, Authority, and Organization in a Comparative Perspective" and the coauthor of "The AIDS Disaster".
Limits of Convergence
€55.99
