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  • Competing in Capabilities: The Globalization Process

    Competing in Capabilities by Sutton, John;

    The Globalization Process

    Series: Clarendon Lectures in Economics;

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    Product details:

    • Publisher OUP Oxford
    • Date of Publication 25 October 2012

    • ISBN 9780199274536
    • Binding Hardback
    • No. of pages144 pages
    • Size 221x148x13 mm
    • Weight 302 g
    • Language English
    • Illustrations Figures and Tables
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    Short description:

    This book offers a new perspective of globalization. The author moves away from the established 'For or Against' debates and shows what the globalization process looks like from Chinese, Indian, and African perspectives.

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    Long 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.

    Competing in Capabilities: The Globalization Process is a comprehensive, formal treatment of a new theoretical approach that introduces and emphasises the dimension of quality into a regular trade framework. Published as the authors Clarendon Lecture at Oxford University,the book succinctly coalesces ideas and themes explored by the author for some time over a number of addresses, lectures, papers and courses.

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    Table of Contents:

    History and Theory
    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
    Wealth
    Appendix 2.1: Perfect Sorting
    Globalization I: The Shock of Liberalization
    Globalization II: The Great Arbitrage
    Appendix 4.1
    Globalization III: The Moving Window

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