Vietor Richard: Kako se zemlje natječu

Richard H. K. Vietor: How Countries Compete

Strategy, Structure, and Governance in the Global Economy

Economic Thought Library

As countries rush to compete in an increasingly globalized arena, government strategies are more important than ever. Countries around the world are competing more and more fiercely for the markets, technologies, skills, foreign investment and distribution channels needed to grow their economies and raise living standards. In our fully globalized world, the specific strategies of these national governments will either succeed—or fail—in their efforts to stimulate and sustain growth, reduce poverty, adapt to urbanization, and create jobs.

In How Countries Compete: Strategy, Structure, and Governance in the Global Economy, Richard H. K. Vietor shows how states set the direction and create the climate for national economic development and profitable private enterprise. Vietor points out that in today's hypercompetitive environment, the state constantly provides specific advantages that companies need in order to deal with competitors on an equal footing. These advantages include high savings and low interest rates for investment, strong property rights and good government governance, a technologically motivated and committed workforce, a low inflation rate and a rapidly growing domestic market.

Presenting historical context, economic analysis and interviews with CEOs and civil servants around the world, Vietor offers a vivid and insightful analysis of the various government approaches to strategies that lead to both success and failure. Chapters describe important countries—China, India, Japan, Singapore, and the United States, as well as Mexico, Russia, Saudi Arabia, South Africa, and Italy—and reveal the unique social, economic, cultural, and historical forces that have shaped the country's development trajectory. Vietor also challenges the widely held view that in market economies such as the United States, strong state influence can only hinder business success.

Provocative in presentation and rich in sources, How Countries Compete offers powerful insight into the developments in the business environments of important nations - both past and future.

"Globalization fully highlights, more than ever before, the competitive positions of nations. Using the long experience of Harvard Business School, majoring in Business, State and Lecturer international economics, Richard Vietor clarifies the link between economic achievement and state policy. How Countries Compete provides the framework managers need to understand the development trajectories of countries and how they can make decisions in the international economy."
Daniel Yergin, Chairman, Cambridge Energy Research Associates, author of The Prize: The Epic Quest for Oil, Money and Power and co-author of Commanding Heights: The Battle for the World Economy

"How Countries Compete is a highly readable account of why important in national economic achievement. Based on case studies of the world's most important economies, Richard Vietor shows how the development strategies pursued by countries significantly determine whether markets work well or not. Businessmen and informed citizens should understand the issues discussed in the book." globalization makes countries irrelevant and governments powerless, Vietor's book How Countries Compete provides a fascinating and fresh look at the impact of national policies on business performance."
Jordi Canals, Dean of IESE Business School, University of Navarra, Spain

"As the world becomes more 'flat', so does the power of governments to help or hinder their country's competitiveness, and it is important for businesses to take this into account when designing their strategies. Regardless of your philosophical view on the role of government policy in business operations, understanding the analytical framework and country "development paths" described in this book will be crucial. For thoughtful business people working in our globalized world, Professor Richard Vietor's book is essential reading."
Victor Fung, Group Chairman, Li&Fung Group

Brief:

Strategies and Structures Development
Japan's Economic Miracle
Singapore, INC.
China, a pragmatic state
India on the move
Mexico, an incomplete tradition
South Africa, tapping into speed
Saudi Arabia, modernization vs. westernization
Russia's institutional collapse and recovery
European integration and Italy
Competitiveness
Japan above the bubble
Managing the American dream

Richard H. K. Vietor is the Senator John Heinz Chair in Environmental Management at Harvard Business School, where he teaches courses in business regulation and international political economy.