Usa Eco Essay

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COMPARATIVE ECONOMICS IN A TRANSFORMING WORLD ECONOMY Second Edition J. BARKLEY ROSSER, JR., and MARINA V. ROSSER Comparative Economics in a Transforming World Economy Comparative Economics in a Transforming World Economy Second Edition J. Barkley Rosser, Jr. Marina V. Rosser The MIT Press Cambridge, Massachusetts London, England © 2004 Massachusetts Institute of Technology All rights reserved. No part of this book may be reproduced in any form by any electronic or mechanical means (including photocopying, recording, or information storage and retrieval) without permission in writing from the publisher. This book was set in Times Roman by ICC and was printed and bound in the United States of America. Library of Congress Cataloging-in-Publication Data Rosser, John Barkley Comparative economics in a transforming world economy / J. Barkley Rosser, Jr., Marina V. Rosser—2nd ed. p. cm. Includes bibliographical references and index. ISBN 0-262-18234-3 ISBN 0-262-68153-6 (International Student Edition) 1. Comparative economics. 2. International economic relations. I. Rosser, Marina V. (Marina Vcherashnaya) II. Title. HB90.R67 2004 337—dc22 2003059363 Contents Preface I 1 2 3 4 II 5 6 7 8 9 III 10 11 12 13 14 15 IV 16 17 OVERVIEW OF COMPARATIVE ECONOMICS How Do We Compare Economies? The Theory and Practice of Market Capitalism The Theory and History of Marxism and Socialism Islamic Economics and the Economics of Other Religions VARIETIES OF ADVANCED MARKET CAPITALISM The United States of America: The Market Capitalist Leader Japan: A Planned Market Economy with Traditional Elements Whither Indicative Planning? The Case of France Sweden: Crisis and Reform of the Social Market Welfare State The Unification of Germany and the Unification of Europe VARIANTS OF TRANSITION AMONG FORMER SOCIALIST ECONOMIES The Former Soviet Union: The Myth and Reality

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