How the persistent worsening of the income distribution in the US in the 1980s and 1990s be explained? What are the prospects for the re-emergence of sustainable prosperity in the US economy over the next generation? Situating these questions within a wider context through historical analysis and comparisons with Germany and Japan, this book focuses on the microeconomics of corporate investment behavior, and the macroeconomics of household saving behavior. The contributors analyze how the combined pressures of excessive corporate growth,international competition, and intergenerational dependence have influenced corporate investment over the past two decades. They also offer a perspective on how corporate investment in skill bases can support sustainable prosperity, with studies drawn from the machine tool, aircraft engine, and medical equipment industries.
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Book Description
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About the Author
William Lazonick is University Professor in the Department of Regional Economic and Social Development; also Co-Director of the Center for Industrial Competitiveness at the European Institute of business Administration (INSEAD), where Mary O'Sullivan is an Assistant Professor of Strategy.
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Inside This Book
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First Sentence:
By many measures of economic performance, in the last half of the 1990s, the American economy looked like a winner. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
deep skill bases, imaging equipment industry, deeper skill bases, diagnostic imaging companies, concentrated skill bases, electromedical industry, integrated skill bases, diagnostic imaging industry, imaging equipment manufacturers, sustainable prosperity, diagnostic imaging equipment, jet engine industry, intergenerational dependence, machine tool firms, electromedical equipment, machine tool builders, median tenure, corporate resource allocation, codetermination rights, managerial learning, organizational integration, functional segmentation, hierarchical integration, engine manufacture, more educated workers Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, New York, World War, General Electric, Nikkei Weekly, Department of Commerce, Deutsche Bank, Harvard University Press, National Research Council, Cambridge University Press, Deutsche Bundesbank, Council of Economic Advisors, Government Printing Office, Michael Handel, Russell Sage Foundation, Bureau of the Census, Cincinnati Milacron, Office of Technology Assessment, Basic Books, Bureau of Labor Statistics, Chris Tilly, Keizai Doyukai, University of Massachusetts Lowell, West German, Western Europe New!
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
By many measures of economic performance, in the last half of the 1990s, the American economy looked like a winner. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
deep skill bases, imaging equipment industry, deeper skill bases, diagnostic imaging companies, concentrated skill bases, electromedical industry, integrated skill bases, diagnostic imaging industry, imaging equipment manufacturers, sustainable prosperity, diagnostic imaging equipment, jet engine industry, intergenerational dependence, machine tool firms, electromedical equipment, machine tool builders, median tenure, corporate resource allocation, codetermination rights, managerial learning, organizational integration, functional segmentation, hierarchical integration, engine manufacture, more educated workers Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, New York, World War, General Electric, Nikkei Weekly, Department of Commerce, Deutsche Bank, Harvard University Press, National Research Council, Cambridge University Press, Deutsche Bundesbank, Council of Economic Advisors, Government Printing Office, Michael Handel, Russell Sage Foundation, Bureau of the Census, Cincinnati Milacron, Office of Technology Assessment, Basic Books, Bureau of Labor Statistics, Chris Tilly, Keizai Doyukai, University of Massachusetts Lowell, West German, Western Europe New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 91
books:
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11
books
cite this book:
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- Corporate Governance by David Hume Institute on 8 pages
- Competitive Advantage on the Shop Floor by William Lazonick on 4 pages
- Forces of Production: A Social History of Industrial Automation by David F. Noble on 4 pages
- Working Under Different Rules (Sla Occasional Papers Series) by Richard B. Freeman on page 177, page 216, and page 218
- Big Business and the Wealth of Nations by Alfred D. Chandler Jr on page 73, page 248, and page 295
See all 91 books this book cites
- The Development of Corporate Governance in Japan and Britain (Explorations in Asia Pacific Business Economics) by Robert Fitzgerald on page 54, and page 188
- The Growth of the Firm: The Legacy of Edith Penrose by Christos Pitelis on page 276, and page 277
- Systems of Production: Markets, Organisations and Performance (Routledge Studies in Contemporary Political Economy) by Brendan Burchell on page 156
- Beyond Market-Driven Development: Drawing on the Experience of Asia and Latin America (Routledge Studies in Development Economics) by Costas Lapavitsas on page 47
- Nonstandard Work: The Nature and Challenges of Emerging Employment Arrangements (Industrial Relations Research Association Series) by Francoise Carre on page 120
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