State Capitalism's Uncertain Future
1st Edition
Published on 20. July 2015
216 pages
978-1-4408-3108-9 (ISBN)
Description
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.
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.
More details
Edition
1. Auflage
Language
English
Place of publication
United States
Publishing group
Bloomsbury Publishing Plc
ISBN-13
978-1-4408-3108-9 (9781440831089)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Scott B. MacDonald | Jonathan Lemco
State Capitalism's Uncertain Future
Book
07/2015
Praeger Publishers Inc
€68.50
Shipment within 10-20 days
Persons
Scott B. MacDonald, PhD, is head of research for MC Asset Management Holdings LLC and adjunct professor in political science at the University of Connecticut.
Jonathan Lemco, PhD, is principal and senior sovereign debt analyst at The Vanguard Group.
Jonathan Lemco, PhD, is principal and senior sovereign debt analyst at The Vanguard Group.
Content
Preface
ONE: Introduction
TWO: A Short History of State Capitalism
THREE: Market Leninism at Work in China
FOUR: In the New Tsar's Court
FIVE: State Capitalism, Power, and Identity in the Middle East
SIX: State Capitalism in Latin America
SEVEN: The Limits of State Capitalism
EIGHT: Conclusion: An Uncertain Future
Selected Bibliography
Index
ONE: Introduction
TWO: A Short History of State Capitalism
THREE: Market Leninism at Work in China
FOUR: In the New Tsar's Court
FIVE: State Capitalism, Power, and Identity in the Middle East
SIX: State Capitalism in Latin America
SEVEN: The Limits of State Capitalism
EIGHT: Conclusion: An Uncertain Future
Selected Bibliography
Index
