State capitalism's uncertain future
A provocative and timely look at the current state of global economics, particularly how the state-owned companies of Russia, China, Latin America, and other emerging markets are influencing how people work, how they consume, and how they prosper. The global economy is changing: experts are noting slow growth in the advanced economies, greater volatility in international markets, and the emergence of state-owned companies in the competitive marketplace. This forward-looking reference explores t…
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- Full title :State capitalism's uncertain future / Scott B. MacDonald and Jonathan Lemco.
Summary
A provocative and timely look at the current state of global economics, particularly how the state-owned companies of Russia, China, Latin America, and other emerging markets are influencing how people work, how they consume, and how they prosper. The global economy is changing: experts are noting slow growth in the advanced economies, greater volatility in international markets, and the emergence of state-owned companies in the competitive marketplace. This forward-looking reference explores the role that state capitalism plays within the political structures of countries throughout the world. The text begins with an introduction to state capitalism, moves into an in-depth examination of several countries and regions, and concludes with a discussion on the future of state capitalism in the next decade. Coauthors Scott B. MacDonald and Jonathan Lemco examine the challenges that state-owned companies face in the global economy, including a weak legal and commercial infrastructure, a conflict of interest between politics and business, and massive corruption in local and regional governments. A close review of the perils of state capitalism based on meritocracy devolving into crony capitalism invites debate on the longevity of this economic system versus a free market economy.--
Read More ↓Edition Statements
- Publication Date:2015.
Publication Statements
- Publisher(s):Praeger, an imprint of ABC-CLIO, LLC
- Place of Publication:Santa Barbara, California
- Language:eng
- Publication Date:2015.
The Physical Object
- Description:ix, 206 pages ; : 25 cm.
Edition Identifiers
- ISBN:9781440831072, 1440831076
- oclc:ocn993068606
- Dewey Decimal:330.122
Table of Contents
A short history of state capitalism -- Market Leninism at work in China -- In the new tsar's court -- State capitalism, power, and identity in the Middle East -- State capitalism in Latin America -- The limits of state capitalism -- Conclusion : an uncertain future.
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