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Item Details
Title: THE LIMITS OF CONVERGENCE
GLOBALIZATION AND ORGANIZATIONAL CHANGE IN ARGENTINA, SOUTH KOREA, AND SPAIN
By: Mauro F. Guillen
Format: Paperback

List price: £42.00
Our price: £33.60
Discount:
20% off
You save: £8.40
ISBN 10: 0691116334
ISBN 13: 9780691116334
Availability: Usually dispatched within 1-3 weeks.
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Publisher: PRINCETON UNIVERSITY PRESS
Pub. date: 14 July, 2003
Pages: 304
Description: Challenges the notion that globalization encourages economic convergence. Analyzing the social, political, and economic conditions underpinning the rise of various organizational forms, this book shows that business groups, small enterprises, and foreign multinationals play different economic roles depending on a country's path to development.
Synopsis: This book challenges the widely accepted notion that globalization encourages economic convergence--and, by extension, cultural homogenization--across national borders. A systematic comparison of organizational change in Argentina, South Korea, and Spain since 1950 finds that global competition forces countries to exploit their distinctive strengths, resulting in unique development trajectories. Analyzing the social, political, and economic conditions underpinning the rise of various organizational forms, Guillen shows that business groups, small enterprises, and foreign multinationals play different economic roles depending on a country's path to development. Business groups thrive when there is foreign-trade and investment protectionism and are best suited to undertake large-scale, capital-intensive activities such as automobile assembly and construction. Their growth and diversification come at the expense of smaller firms and foreign multinationals. In contrast, small and medium enterprises are best fitted to compete in knowledge-intensive activities such as component manufacturing and branded consumer goods. They prosper in the absence of restrictions on export-oriented multinationals. The book ends on an optimistic note by presenting evidence that it is possible--though not easy--for countries to break through the glass ceiling separating poor from rich. It concludes that globalization encourages economic diversity and that democracy is the form of government best suited to deal with globalization's contingencies. Against those who contend that the transition to markets must come before the transition to ballots, Guillen argues that democratization can and should precede economic modernization. This is applied economic sociology at its best--broad, topical, full of interesting political implications, and critical of the conventional wisdom.
Illustrations: 6 line illus.
Publication: US
Imprint: Princeton University Press
Returns: Returnable
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