This text challenges the popular view that globalization threatens the nation-state in determining national policy. It examines the fundamental issue of competitiveness and market power in an increasingly borderless and co-dependent world. Despite this increased threat to the nation-state as an effective manager of the national economy, the authors argue that there are a number of options and alternatives open to governments to protect themselves from the global business cycle.

Is Japan totally exceptional or is it a typical market economy? Is the poor macroeconomic performance of the 1990s down to archaic institutions or short term monetary and budgetary policies? Is the Japanese manufacturing system based on solid ground or does the bursting of the bubble highlight fundamental structural weaknesses? Should the Japanese authorities preserve the main tenets of their post-World War II economic institutions or should they do more to embrace market led capitalism? The contributions to Japanese Capitalism in Crisis show that there can be a middle ground between these...

Robert Boyer and Yves Sailard's Theorie de la Regulation introduces the Francophone public to one of the most important new currents in social science of the past half-century. This long-awaited translation will help broaden its impact still further.
Regulation Theory focuses on the structural features of a given model and has helped enliven the examination of core economic concepts.

Robert Boyer and Yves Sailard's Theorie de la Regulation introduces the Francophone public to one of the most important new currents in social science of the past half-century. This long-awaited translation will help broaden its impact still further.
Regulation Theory focuses on the structural features of a given model and has helped enliven the examination of core economic concepts.

This book argues that there is no single best institutional arrangement for organizing modern societies. Therefore, the market should not be considered the ideal and universal arrangement for coordinating economic activity. Instead, the editors argue, the economic institutions of capitalism exhibit a large variety of objectives and tools that complement each other and can not work in isolation. The various chapters of the book ask what logics and functions institutions follow and why they emerge, mature and persist in the forms they do.

After the Second World War, the economics of the western capitalist countries were based on a production system called fordism, but in the mid 1970s this system began to break down, and it has been in crisis since. But does resolving this crisis imply a complete break with the past, notably with the principles of Taylor and Ford? Based on an analysis of the transformations currently taking place in several international companies, this book reveals the complexities and subtleties of today's transitions.

Among a vast literature on the Asian economies, the book proposes a distinctive approach, inspired by Regulation Theory, in order to understand the current transformations of the Asian economies. The book follows their transformations after the 1997 Asian crisis until the subprime crisis. During this period, the viability of their growth regime was to coherence of five basic institutional forms: the degree of competition and insertion into the world economy, the nature of labour market organization, the monetary and exchange rate regimes and finally the style for State intervention via...

This book is the result of Asian European collaborative research on the diversity of capitalisms and regional economic interdependence in Europe and Asia. In particular, the recent transformations of both regions are analyzed: the growing Chinese economy; institutional changes and de-industrialization in Japan; increasing international production linkages among China, Japan, Korea, and ASEAN; the enlargement of the European Union; the Euro crisis; and the diverging competitiveness between Southern Europe and Northern Europe. Under these circumstances, we witness the great transformation of...

This highly topical book brings together some of the world's leading specialists on the global car industry, who discuss the ins and outs of the faster lane of regionalism at a time when the world is reassessing the ins and outs of globalization.