State Capitalism's Uncertain Future - Hardcover

9781440831072: State Capitalism's Uncertain Future
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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. * Considers the factors that will impede future economic growth in China, Russia, Argentina, and Venezuela * Defines the role of the state in the economy and the accompanying political system * Features chapters on the economic outlook of Egypt, the Middle East, Eurasia, and Latin America * Discusses the future of capitalism in the 21st century * Includes a look at alternative economic scenarios in the year 2025

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Book Description:

Some of the world's largest businesses are state-owned corporations in China and Russia.

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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  • PublisherPraeger
  • Publication date2015
  • ISBN 10 1440831076
  • ISBN 13 9781440831072
  • BindingHardcover
  • Number of pages216

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Book Description Hardcover. Condition: new. Hardcover. 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. 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. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9781440831072

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