Comparative Economics in a Transforming World Economy 3rd Edition by Barkley Rosser, Marina Rosser ISBN 0262037335 978026203733

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ISBN 10: 0262037335
ISBN 13: 978-0262037334
Author: J. Barkley Rosser Jr., Marina V. Rosser
Comparative Economics in a Transforming World Economy 3rd Edition: An approach to comparative economic systems that avoids simple dichotomies to examine a wide variety of institutional and systemic arrangements, with updated country case studies.
Comparative economics, with its traditional dichotomies of socialism versus capitalism, private versus state, and planning versus market, is changing. This innovative textbook offers a new approach to understanding different economic systems that reflects both recent transformations in the world economy and recent changes in the field.This new edition examines a wide variety of institutional and systemic arrangements, many of which reflect deep roots in countries’ cultures and histories.

The book has been updated and revised throughout, with new material in both the historical overview and the country case studies. It offers a broad survey of economic systems, then looks separately at market capitalism, Marxism and socialism, and “new traditional economies” (with an emphasis on the role of religions, Islam in particular, in economic systems). It presents case studies of advanced capitalist nations, including the United States, Japan, Sweden, and Germany; alternative paths in the transition from socialist to market economies taken by such countries as Russia, the former Soviet republics, Poland, China, and the two Koreas; and developing countries, including India, Iran, South Africa, Mexico, and Brazil. The new chapters on Brazil and South Africa complete the book’s coverage of all five BRICS nations; the chapter on South Africa extends the book’s comparative treatment to another continent. The chapter on Brazil with its account of the role of the Amazon rain forest as a great carbon sink expands the coverage of global environmental and sustainability issues. Each chapter ends with discussion questions.

 

Comparative Economics in a Transforming World Economy 3rd Edition Table of contents:

I Overview of Comparative Economics 1

1 How Do We Compare Economies? 5

2 The Theory and Practice of Market Capitalism 31

3 The Theory and History of Marxism and Socialism 63

4 Islamic Economics and the Economics of Other Religions 97

II Varieties of Advanced Market Capitalism 125

5 The United States of America: The Market Capitalist Leader 131

6 Japan: Can a Former Planned New Traditional Economy Thrive? 161

7 France: State-Directed Dirigisme in a Free Market World 199

8 Sweden: Crisis and Reform of the Capitalist Welfare State 223

9 The Unification of Germany and the Unification of Europe 251

III Varieties of Transition among Socialist Economies 285

10 The Myth and Reality of the Soviet Command Socialist Economy and Russia’s Economic Transition 291

11 Post-Soviet States: Alternative Paths of Transition and Divergent Models of Market Economies 341

12 Poland: A Success Story of Economic Transition? 391

13 China’s Socialist Market Economy: The Sleeping Giant Wakes 419

14 North and South Korea: The Lingering Shadow of the Cold War 457

IV Alternative Paths among Developing Economies 491

15 India: The Elephant Walks 497

16 Iran: The Struggle for a New Traditional Islamic Economy 531

17 South Africa: Systemic Choice and the Struggle for Racial Justice 563

18 Mexico: Revolution and Reform 603

19 Brazil: The Search for Sustainable Development and Socioeconomic Equality 635

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