Competition and the World Economy

Hardback

Competition and the World Economy

Comparing Industrial Development Policies in the Developing and Transition Economies

9781840641929 Edward Elgar Publishing
Francisco C. Sercovich, Economist, Investment Promotion and Institutional Capacity Building Division, United Nations Industrial Development Organisation (UNIDO), Austria, Choong-Yong Ahn, Fondad, The Netherlands, Claudio Frischtak, formerly Vice-President, World Invest Ltd, Rio de Janeiro, Brazil, Mojmir Mrak, Professor, University of Ljubljana, Slovenia, Herman Mügge, UNIDO, Vienna, Austria, Wilson Peres, ECLAC, Santiago, Chile and Samuel M. Wangwe, Professor of Economics and Chairman, Daima Associates Limited, Tanzania
Publication Date: 2000 ISBN: 978 1 84064 192 9 Extent: 480 pp
Globalisation has had a major impact on manufacturing competitiveness and industrial development in transitional and developing economies. This up-to-date book critically examines the experience of a wide range of countries, focusing on the policy challenges they face in the new global economy.

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Globalisation has had a major impact on manufacturing competitiveness and industrial development in transitional and developing economies. This up-to-date book critically examines the experience of a wide range of countries, focusing on the policy challenges they face in the new global economy.

The rising demand for manufactured goods is causing increased pressure on developing and transitional countries to introduce policies aimed at enhancing productivity, mobilising resources, building capabilities and changing internal structures. Yet policymakers face difficult trade-offs between allocative efficiency and sustainable development. This book begins by looking at key policy issues in manufacturing including international best practices, policy convergence and policy benchmarking. The discussion then moves on to discuss the measurement of manufacturing competitiveness and the policies necessary for companies to compete successfully in the new global economy. The policy recommendations are underpinned through a wide range of case studies from different regions and countries.

The book offers policymakers, scholars and researchers a unique perspective, and serves as a comprehensive guide for formulating policies vital for national industrial development and integration into the world economy. It will help those concerned with policy formulation in developing and transitional countries take informed decisions and better cope with the challenges and opportunities of the global economy.
Critical Acclaim
‘The book is very useful to the policymakers and researchers in the area of policy studies. The analytical presentation of policy in the context of development, with a parameter for inter-country comparison, makes it a very important book, especially in the present context of globalization and the associated structural changes taking place worldover.’
– N. Mrinalini, Journal of Scientific and Industrial Research

‘This book is a remarkable contribution to the debate on the worldwide crisis of structural adjustment.’
– from the preface by Christopher Freeman, SPRU – Science and Technology Policy Research, University of Sussex, UK and Maastricht University, The Netherlands
Contents
Contents: Foreword Preface Part I: Introduction 1. Overview 2. Best Practices and Policy Convergence 3. Policy Benchmarking: Principles and Practice Part II: Themes 4. Manufacturing Competitiveness: Concept, Measurement and Policies 5. Effect of Financial Factors on Manufacturing Competitiveness 6. The Macro/Micro Policy Dichotomy: Implications for Cross-Country Replicability Part III: Countries and Regions 7. Overview of Countries and Regions 8. Newly Industrializing Economies: The Case of the Republican of Korea 9. Newly Opened Economies: The Case of Brazil 10. Economies in Transition: The Case of Hungary 11. Less Developed Countries: The Case of the United Republic of Tanzania 12. ASEAN and MERCOSUR Index
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