Modeling Economic Globalization: A Post-neoclassic View on Foreign Trade and Competition

Modeling Economic Globalization: A Post-neoclassic View on Foreign Trade and Competition
ISBN-10
3865824471
ISBN-13
9783865824479
Category
Business & Economics
Pages
205
Language
English
Published
2006
Publisher
MV-Verlag
Author
Bruno G. Rüttimann

Description

Why is economy globalizing? Does an intrinsic reason exist, a sort of divine systemic force which controls this evolution, or is it just the lunatic actions of some managers to let their companies operate on a global level to increase profits? This book provides a comprehensive model of economic globalization. Starting from the dynamics behind the occurring changes, itanalyzes product characteristics and market structures, defines different business typologies and related types of globalization. A new approach is presented, developing comparative competitive advantages and an entropy-based in equality with related risk concept. The result is an ormative thesis on economic globalization.

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