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Home > Business and Economics > Economics > Economic systems and structures > State Capitalism's Uncertain Future
State Capitalism's Uncertain Future

State Capitalism's Uncertain Future


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About the Book

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.



Table of Contents:

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



About the Author :

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.


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Product Details
  • ISBN-13: 9781440831072
  • Publisher: Bloomsbury Publishing PLC
  • Publisher Imprint: Praeger Publishers Inc
  • Height: 235 mm
  • No of Pages: 216
  • Width: 156 mm
  • ISBN-10: 1440831076
  • Publisher Date: 20 Jul 2015
  • Binding: Hardback
  • Language: English
  • Weight: 535 gr


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