State Capitalism's Uncertain Future - Macdonald, Scott; Lemco, Jonathan
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A provocative and timely look at the current state of global economics, particularly how the state-owned companies of Russia, China, Latin America, and other emerging markets are influencing how people work, how they consume, and how they prosper. The global economy is changing: experts are noting slow growth in the advanced economies, greater volatility in international markets, and the emergence of state-owned companies in the competitive marketplace. This forward-looking reference explores the role that state capitalism plays within the political structures of countries throughout the…mehr

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Produktbeschreibung
A provocative and timely look at the current state of global economics, particularly how the state-owned companies of Russia, China, Latin America, and other emerging markets are influencing how people work, how they consume, and how they prosper. The global economy is changing: experts are noting slow growth in the advanced economies, greater volatility in international markets, and the emergence of state-owned companies in the competitive marketplace. This forward-looking reference explores the role that state capitalism plays within the political structures of countries throughout the world. The text begins with an introduction to state capitalism, moves into an in-depth examination of several countries and regions, and concludes with a discussion on the future of state capitalism in the next decade. Coauthors Scott B. MacDonald and Jonathan Lemco examine the challenges that state-owned companies face in the global economy, including a weak legal and commercial infrastructure, a conflict of interest between politics and business, and massive corruption in local and regional governments. A close review of the perils of state capitalism based on meritocracy devolving into crony capitalism invites debate on the longevity of this economic system versus a free market economy.
Autorenporträt
Scott MacDonald was a successful corporate executive and was CEO or President of several real estate or property companies before retiring. He was born near Chicago, Illinois and grew up in a family headed by his single mother and with limited funds. During his long career, he worked with investors on assignments throughout the world. He is a philanthropist, setting up scholarships at several universities for need-eligible students under the MacDonald Scholars program. He has written four books previously and had several articles and essays published. His wife, Pat Kurtz, is a long time school teacher, administrator and principal. Scott has four grandchildren and has been around dogs most of his life. A previous book, Think like a Dog, How Dogs Teach us to be Happy in Life and Successful at Work, was published by Indiana University Press. His current dog, Charlie, is a Cavalier King Charles and is the subject of this children's book. Scott MacDonald's website with more information is Authorscottmacdonald.com.