Title Small states in world markets : industrial policy in Europe / Peter J. Katzenstein

Published Ithaca, N.Y. : Cornell University Press, 1985

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Description 1 online resource (268 pages) Series Cornell studies in political economy Cornell studies in political economy. Contents Introduction -- Flexible adjustment in the small European states -- Democratic corporatism and its variants -- The historical origins of democratic corporatism -- Conclusion Summary By the early 1980s the average American had a lower standard of living than the average Norwegian or Dane. Standards of living in the Netherlands, Belgium, Sweden, Switzerland, and Austria also rivaled those in the United States. How have seven small democracies achieved economic success and what can they teach America? In Small States in World Markets, Peter Katzenstein examines the successes of these economically vulnerable nations of Western Europe, showing that they have managed to stay economically competitive while at the same time preserving their political institutions. Too dependent on world trade to impose protection, and lacking the resources to transform their domestic industries, they have found a third solution. Their rapid and flexible response to market opportunity stems from what Katzenstein calls "democratic corporatism," a mixture of ideological consensus, centralized politics, and complex bargains among politicians, merest groups, and bureaucrats. Democratic corporatism is the solution these nations have developed in response to the economic crises of the 1930s and 1940s, the liberal international economy established after World War II, and the volatile markets of more recent years. Katzenstein maintains that democratic corporatism is an effective way of coping with a rapidly changing world, a more effective way than the United States and several other large industrial countries have yet managed to discover Analysis social corporatism, economic crisis of 1930 and 1940, world economies, west european politics and policies, western europe economics Bibliography Includes bibliographical references (pages 212-261) and index Notes Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL In English digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL Print version record Subject Industrial policy -- Europe BUSINESS & ECONOMICS -- Industries -- General. POLITICAL SCIENCE -- Political Economy. Industrial policy Industriepolitik Kleine landen. Industriepolitiek. industrial policy. international market. economic policy. economic structure. vertical integration. export oriented industry. balance of trade. trade unionism. history. democracy. statistical table. Industrial policy -- Europe. Corporate state. politique industrielle. marché international. politique économique. structure économique. intégration verticale. industrie tournée vers l'exportation. balance commerciale. syndicalisme. histoire. démocratie. tableau statistique. política industrial. mercado internacional. política económica. estructura económica. integración vertical. industria orientada hacia la exportación. balanza comercial. sindicalismo. historia. democracia. cuadros estadísticos. Europe Westeuropa Austria. Belgium. Netherlands. Scandinavia. Switzerland. Europe -- Economic conditions -- 1945- Europe -- Economic policy. Autriche. Belgique. Pays-Bas. Scandinavie. Suisse. Austria. Bélgica. Países Bajos. Escandinavia. Suiza. Genre/Form reference. référence bibliographique. referencia. Form Electronic book ISBN 9781501700361 1501700367 1501700359 9781501700354

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