The Planned Economies and International Economic Organizations


Book Description

This is the first comprehensive study of the role of socialist countries within the international economic order. The author presents an overview of the emergence of the postwar economic order and examines the key features of three kinds of centrally planned economies. He then analyzes the role of financial frameworks and the international trade system in ensuring smooth economic relations among market-type economies and he details the problems of associating typical CPEs within them. Finally Jozef van Brabant explores the possibility of reconstituting a multilateral economic order that can provide greater security, predictability, stability and reliability in international economic relations. The Planned Economies and International Economic Organizations is written at a time when the Soviet Union and other centrally planned economies are seeking closer links with the mainstream world economy. It will therefore be of interest to governments and institutional economists as well as to students and specialists of Soviet and East European studies, international relations and comparative economics.




Introduction to Business


Book Description

Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License.




The People's Republic of Walmart


Book Description

Are multi-national corporations like Walmart and Amazon laying the groundwork for international socialism? For the left and the right, major multinational companies are held up as the ultimate expressions of free-market capitalism. Their remarkable success appears to vindicate the old idea that modern society is too complex to be subjected to a plan. And yet, as Leigh Phillips and Michal Rozworski argue, much of the economy of the West is centrally planned at present. Not only is planning on vast scales possible, we already have it and it works. The real question is whether planning can be democratic. Can it be transformed to work for us? An engaging, polemical romp through economic theory, computational complexity, and the history of planning, The People’s Republic of Walmart revives the conversation about how society can extend democratic decision-making to all economic matters. With the advances in information technology in recent decades and the emergence of globe-straddling collective enterprises, democratic planning in the interest of all humanity is more important and closer to attainment than ever before.




Varieties of Capitalism


Book Description

Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.







The Labour Party and the Planned Economy, 1931-1951


Book Description

An exploration of Labour's 1931 pledge to create a planned socialist economy and the reasons for its failure to do so. In the general election of 1931, the Labour Party campaigned on the slogan "Plan or Perish". The party's pledge to create a planned socialist economy was a novelty, and marked the rejection of the gradualist, evolutionary socialism to which Labour had adhered under the leadership of Ramsay MacDonald. Although heavily defeated in that election, Labour stuck to its commitment. The Attlee government came to power in 1945 determined to plan comprehensively. Yet, the aspiration to create a fully planned economy was not met. This book explores the origins and evolution of the promise, in order to explain why it was not fulfilled. RICHARD TOYE lectures in history at Homerton College, Cambridge.




Comecon


Book Description

Comecon, or the Council for Mutual Economic Assistance, was founded by Joseph Stalin in 1949 to counteract the Marshall Plan and reinforce the bonds between the Soviet Union and the "people's democracies" of Eastern Europe. Other Soviet Bloc nations later joined "Comecon, "and for forty years it dominated the trade policies of the Soviet Bloc and profoundly influenced their domestic economic development and relations with the West. "Comecon "collapsed in 1991 after the countries of Eastern Europe rejected communism. It was often compared with the (West European) Common Market, but differed vastly in its aims, structure, powers, and activities. Its influence is a critical factor in assessing both the economic failures of the Soviet Bloc and the problems facing former member states as they make the transition to free-market economies. This detailed, annotated bibliography is an essential guide to the extensive English-language literature about "Comecon "from its founding until its demise. Chapters cover "Comecon's "history, structure, and law; socialist economic integration; the organization's arrangements for international trade and finance; environment, natural resources, and energy; labor; industry and agriculture; science and technology. "Comecon, "like the rest of the Soviet Bloc, collapsed suddenly, but its legacy will color international relations and worldwide economic issues for years to come. An understanding of its institutions, mechanisms, and policies remains vital hi appreciating the economic organization of the former Soviet empire. This bibliography will therefore be indispensable to policymakers, economists, historians, and political scientists.




Global Political Economy


Book Description

Praised for its authoritative coverage, Global Political Economy places the study of IPE in its broadest theoretical context. This text not only helps students understand the fundamentals of how the global economy works but also encourages them to use theory to more fully grasp the connections between key issue areas like trade and development. Written by a leading IPE scholar, Global Political Economy equally emphasizes theory and practice to provide a framework for analyzing current events and long-term developments in the global economy.




Accession to the World Trade Organization


Book Description

This detailed and perceptive book examines the extent and scope of how rules for accession to the WTO may vary between countries, approaching the concerns that some countries enter with a better deal than others. Dylan Geraets critiques these additional ‘rules’ and aims to answer the question of whether new Members of the WTO are under stricter rules than the original Members, whilst analysing the accession process to the multilateral trading system.




Facing Up to Low Productivity Growth


Book Description

Labor productivity growth in the United States and other advanced countries has slowed dramatically since the mid-2000s, a major factor in their economic stagnation and political turmoil. Economists have been debating the causes of the slowdown and possible remedies for some years. Unaddressed in this discussion is what happens if the slowdown is not reversed. In this volume, a dozen renowned scholars analyze the impact of sustained lower productivity growth on public finances, social protection, trade, capital flows, wages, inequality, and, ultimately, politics in the advanced industrial world. They conclude that slow productivity growth could lead to unpredictable and possibly dangerous new problems, aggravating inequality and increasing concentration of market power. Facing Up to Low Productivity Growth also proposes ways that countries can cope with these consequences.