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Small States in World Markets : Industrial Policy in Europe by Katzenstein, Peter J. is a nonfiction available to read on EtoBox.

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By the early 1980s the average American had a lower standard of living than the average Norwegian or Dane. Standards of living in the Netherlands, Belgium, Sweden, Switzerland, and Austria also rivaled those in the United States. How have seven small democracies achieved economic success and what can they teach America?In __Small States in World Markets,__ Peter Katzenstein examines the successes of these economically vulnerable nations of Western Europe, showing that they have managed to stay economically competitive while at the same time preserving their political institutions. Too dependent on world trade to impose protection, and lacking the resources to transform their domestic industries, they have found a third solution. Their rapid and flexible response to market opportunity stems from what Katzenstein calls "democratic corporatism," a mixture of ideological consensus, centralized politics, and complex bargains among politicians, merest groups, and bureaucrats.Democratic corporatism is the solution these nations have developed in response to the economic crises of the 1930s and 1940s, the liberal international economy established after World War II, and the volatile market

Who reads Small States in World Markets : Industrial Policy in Europe?

Author

Katzenstein, Peter J.

Publisher

Cornell University Press

Published

2017

Language

EN

ISBN

9781501700361

Category

nonfiction

Subjects

Economics, History, Management