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Should Japan and Germany strive to restructure their institutional fabric and arrangements to make them more similar to Anglo-American standards? Where will systemic change lead? This book offers fresh insights by collecting Japanese and German contributions to this scholarly discussion both from theoretical and empirical viewpoints. A major conclusion of several papers is that the forces of differentiation are frequently underestimated. Important thematic issues include: contingency, path dependence and complementarity. Examinations of economic globalisation and rapidity of technological chan
Corporate governance --- Comparative advantage (International trade) --- Globalization. --- Japan --- Germany --- Economic conditions --- -Corporate governance --- -Comparative advantage (International trade) --- Globalization --- 330.9 --- Global cities --- Globalisation --- Internationalization --- International relations --- Anti-globalization movement --- Comparative advantage (Commerce) --- Comparative costs (International trade) --- International trade --- Heckscher-Ohlin principle --- International division of labor --- Governance, Corporate --- Industrial management --- Directors of corporations --- -Economic conditions
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Activités syndicales internationales --- Division internationale du travail --- International division of labor --- International labor activities --- Internationale arbeidsverdeling --- Internationale vakbondsactiviteiten --- Labor unions --- Syndicaten --- Syndicats --- Trade unions --- Trade-unions --- Vakbonden --- Vakverbonden --- Vakverenigingen --- #SBIB:316.334.2A410 --- #SBIB:044.AANKOOP --- Labor activities, International --- International specialization --- Division of labor --- International economic relations --- Comparative advantage (International trade) --- Industrial unions --- Labor, Organized --- Labor organizations --- Organized labor --- Unions, Labor --- Unions, Trade --- Working-men's associations --- Labor movement --- Societies --- Central labor councils --- Guilds --- Syndicalism --- Arbeidssociologie: vakbeweging: algemeen --- International cooperation
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Corporate governance --- Economic development --- Economic history. --- Globalization --- International business enterprises --- International division of labor --- International economic relations --- International finance --- International trade --- History. --- Economic aspects --- Environmental aspects --- Economic history --- #SBIB:034.IO --- #SBIB:327.1H10 --- #SBIB:33H071 --- International specialization --- Global cities --- Globalisation --- Internationalization --- Economic conditions --- History, Economic --- Governance, Corporate --- History --- Economic aspects&delete& --- Environmental aspects&delete& --- Internationale betrekkingen: theorieën --- Economische internationale betrekkingen --- Division of labor --- Comparative advantage (International trade) --- International relations --- Anti-globalization movement --- Economics --- Industrial management --- Directors of corporations
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The quality of institutions-meaning the quality of contract enforcement, property rights, shareholder protection, and the like-has received a great deal of attention in recent years. The purposes of this paper are twofold. First, it studies the consequences of trade when institutional differences are the source of comparative advantage among countries. Institutional differences are modeled within the Grossman-Hart-Moore framework of contract incompleteness. It is shown, among other things, that the less developed country may not gain from trade, and that factor prices may actually diverge as a result of trade. Second, the paper provides empirical evidence of "institutional content of trade:" institutional differences are shown to be important determinant of trade flows.
Comparative advantage (International trade) --- Comparative advantage (Commerce) --- Comparative costs (International trade) --- International trade --- Heckscher-Ohlin principle --- International division of labor --- Econometric models. --- Exports and Imports --- Macroeconomics --- Production and Operations Management --- Neoclassical Models of Trade --- Empirical Studies of Trade --- Trade and Labor Market Interactions --- Labor Economics: General --- Employment --- Unemployment --- Wages --- Intergenerational Income Distribution --- Aggregate Human Capital --- Aggregate Labor Productivity --- Trade: General --- International economics --- Labour --- income economics --- Labor --- Capital productivity --- Imports --- Comparative advantage --- Trade balance --- Production --- Labor economics --- Balance of trade --- United States --- Income economics
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