Competing in capabilities : the globalization process

Author(s)

Bibliographic Information

Competing in capabilities : the globalization process

John Sutton

Oxford University Press, 2012

Other Title

Clarendon lectures in economics

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Note

"Clarendon lectures in economics"--Dust jacket

Bibliography: p. [122]-125

Includes indexes

Description and Table of Contents

Description

This book offers a new perspective on the economics of globalization, based on the concepts of firms' capabilities as the immediate cause of countries' wealth. It presents new ways of looking at the way China, India, and Africa have been drawn into the global economy over the past two decades. It offers new perspectives on some of the most central questions in the current debate: What effects does the rise of China have for the advanced industrial economies? Why have some industries adapted quickly and effectively to the changing global scene, while others have not? How were the 'Transition Economies' of Eastern Europe affected by trade liberalization? How have the economic prospects of sub-Saharan African countries changed over the past decade? This analysis contributes to the recent literature on quality and trade, which is providing a new and different approach to the analysis of globalization, and which focusses on those economic mechanisms that are central to the current wave of this centuries-old phenomenon. This book forms the basis for the author's course on Globalisation and Strategy, given to Masters students in Economics and Management at the London School of Economics.

Table of Contents

  • History and Theory
  • 1. Capabilities
  • Appendix 1.1: Solving the Model
  • Appendix 1.2: Properties of the Output Function
  • Appendix 1.3: The Viability Threshold
  • Appendix 1.4: Re-interpreting the Capability-Wealth Link
  • 2. Wealth
  • Appendix 2.1: Perfect Sorting
  • 3. Globalization I: The Shock of Liberalization
  • 4. Globalization II: The Great Arbitrage
  • Appendix 4.1
  • 5. Globalization III: The Moving Window

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