Governance of the American economy

By - / edited by John L. Campbell, J. Rogers Hollingsworth, Leon N. Lindberg.

Floor - Floor 1

Published - Cambridge [England] ; New York : Cambridge University Press, 1991.

ISBN 10 - 0521402573

ISBN 13 - 9780521402576

Book Status - 1 Qnty Available with us.

Subject - Industrial policy--United States--Case studies.

Shelf No - 17

Call Number - 338.973 GOV

Physical Description - xii, 462 p. ; 24 cm.

Notes - Includes bibliographical references (p. 396-441) and index.

Book Information

In this book, nine scholars representing various perspectives examine institutions that govern economic activity in the United States and the dramatic changes they have undergone since the late nineteenth century. They investigate how and why these changes occurred and continue to occur as markets become more volatile, technology changes and international competition becomes more intense. They also address general questions about the governance of capitalist economies by considering several governance mechanisms such as markets, bureaucratic hierarchies, associations and informal networks and by exploring how such mechanisms emerge to coordinate economic activity and affect economic performance. The first part of the book describes the important characteristics of these organisational forms and provides an overview of institutional development in the US economy. The second part includes case studies of the institutional development of eight economic sectors. Finally, based on data from these case studies, the third part of the book tests competing theories of institutional change in capitalism, develops a new evolutionary model of the change process, and offers an original analysis of how the state influences this process.

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