Volume II combines, reorganizes, and updates material that was found in Volumes II and III of the previous edition. It includes in-depth, up-to-date treatment of transitional economies, such as Hungary and China, and draws un the experiences of other East European transforming economies. As examples of capitalist systems, the author profiles the Japanese and Swedish economies and draws on the experiences of other contemporary Asian economies as well. A concluding chapter surveys the rise and fall of National Socialism and the German renewal after World War II. Throughout Volume I and Volume II of the new edition, the author presents the evolution of economic systems across time and discusses the relationship between growth and inequality, to include the recent increases in inequality in Western countries.A Toyota Corolla that went for less than $12, 000 in New York sold for about $16, 000 in Tokyo, although the latter ... In order to buy Japanese goods, foreigners must sell their own currencies for yen, which puts upward pressure on the ... This aquot;hollowing outaquot; of Japanese manufacturing has caused much concern, although as of 1996, only about 10 ... The first was the collapse of the economic ( or asset price) bubble, owing to the Bank of Japana#39;s sudden tightening of monetary policy.
|Title||:||Comparative Economic Systems: Transition and capitalist alternatives|
|Author||:||Richard L. Carson, Baerbel M. Traynor|
|Publisher||:||M E Sharpe Incorporated - 1998|