The global economy--myths and realities

Perraton, Jonathan

doi:10.1093/cje/25.5.669

Cited by 55 publications

(26 citation statements)

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“…The general problems of sustainable development are analyzed through various aspects in a number of scientific works, including the ones carried out in Lithuania (Zavadskas 2008;Zavadskas et al 2007aZavadskas et al , 2007bZavadskas and Antuchevičienė 2006;Burinskienė 2009;Čiegis and Gineitiene 2008;Grundey 2009;Kavaliauskas 2008;Rutkauskas et al 2008;Platje 2008;Kaklauskas et al 2009a;Melnikas 1990Melnikas , 2002. Sustainable development in the context of various transformation and transition processes in general could be defined as an especially perspective area and as the main direction of the research on sustainable development (Zavadskas 2008;Dzemydiene 2008;Grundey 2008cGrundey , 2009McNally 1999;Melnikas 1990Melnikas , 2002Munasinghe et al 2001;Perraton 2001;Redding and Venables 2004). The problems and processes of the sustainable development in the transition countries in general , as well as in the Eastern and Central European countries could be defined as an important research area too (Brauers et al 2007;Cohendet and Stojak 2005;Dicken 1998;Goeransson and Soederberg 2005;Hayo and Seifert 2003;Krupka 2007;Lasas 2004;Llorca and Redzepagic 2008;Melnikas 1997Melnikas , 1999Melnikas , 2002Melnikas , 2008aMelnikas and Reichelt 2004;…”

Section: Sustainable Development and Creation Of The Knowledge Based mentioning

confidence: 99%

“…The creation and development of the knowledge based society and knowledge economy are assessed as the most important assumption and the main way to solve most of the social, economic, technological, even security and defense problems worldwide as well as in various countries or regions in general and in various countries or regions in the space of the European Union (Boldrin and Canova 2001;Cohendet and Stojak 2005;Currie 2000;David and Foray 2002;Dicken 1998;Ein-Dor et al 2004;Farnsworth 2005;Garrett and Mitchell 2001;Goeransson and Soederberg 2005;Grace and Butler 2005;Hayo and Seifert 2003;Hunt 2003;Huseman and Godman 1999;Leydesdorff 2004;McNally 1999;Melnikas 1990Melnikas , 2002Melnikas , 2008bMelnikas and Reichelt 2004;Merrill and Sedgwick 1997;Munasinghe et al 2001;Olsen and Osmundsen 2003;Parker 1998;Perraton 2001;Redding and Venables 2004;Sangmon 2002;Steinmueller 2002). The creation of the knowledge based society and knowledge economy expresses the essential qualitative changes in all the areas of social, economic, political life, science and technological progress, and interaction with nature.…”

Section: The Knowledge Based Society and Knowledge Economy Creation Pmentioning

confidence: 99%

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Sustainable Development and Creation of the Knowledge Economy: The New Theoretical Approach / Darni Plėtra Ir Žinių Ekonomikos Kūrimas: Naujas Teorinis Požiūris

Melnikas

2010

Technological and Economic Development of Economy

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Abstract.The new theoretical approach of the processes of creating knowledge based society and the knowledge economy, as well as sustainable development processes is described in the article. The main idea is that the creation and development processes of the knowledge-based society and knowledge economy may be attributed to the category of global transformation and sustainable development processes, therefore, all general phenomena and characteristics of global transformations and sustainable development in general, are absolutely typical for the creation and development of the knowledge based society and knowledge economy. The processes of the creating of knowledge based society and knowledge economy and modernization are analyzed in the general context of the processes of sustainable development. The main principles of creating the knowledge based society and knowledge economy and modernization are described. Creating and modernization of the knowledge based society and knowledge economy are very complicated processes, oriented to the formation of the new quality of society and qualitatively new lifestyle, these processes may be described as "twice" as complicated, because they win distinction by orientations to the pursuit of new quality in two aspects: the knowledge based society and knowledge economy, compared to "traditional" society and economy, are in all cases described as qualitatively new, creating and development of the knowledge based society and knowledge economy takes place under the conditions of the global changes, which means that qualitative changes take place in all global space, the essence of those changes is the creation and spread of the knowledge-based society and knowledge economy. A special attention is given to the conclusion that in the environment of the knowledge based society creation and generating knowledge economy and development, the provisions for sustainable development should be attained. The processes of creating knowledge based society and knowledge economy and further development should be analyzed and assessed in the context of processes of globalization and internationalization, as well as processes of global transformations.The "Power" concept intended for the scientific cognition of sustainable development and knowledge based society and knowledge economy creation processes phenomena is analyzed.

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Section: Sustainable Development and Creation Of The Knowledge Based mentioning

confidence: 99%

Section: The Knowledge Based Society and Knowledge Economy Creation Pmentioning

confidence: 99%

Sustainable Development and Creation of the Knowledge Economy: The New Theoretical Approach / Darni Plėtra Ir Žinių Ekonomikos Kūrimas: Naujas Teorinis Požiūris

Melnikas

2010

Technological and Economic Development of Economy

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“…Some critics argue that institutionalists overstate the role of national complementarities (Yamamura and Streeck 2003) and under‐estimate the role of institutional embeddedness at other scales (Peck 2005), while others see national complementarities being progressively weakened by globalization (Christopherson and Lillie 2005; Ibata‐Arhens 2003; Lewchuck, Stewart and Yates 2001; Perraton 2001). However, our principal concern is with how labour struggles and innovation are conceptualized.…”

Section: Unions and Firm Innovation: Institutionalist And Political Ementioning

confidence: 99%

“We Simply Have to Do that Stuff for our Survival”: Labour, Firm Innovation and Cluster Governance in the Canadian Automotive Parts Industry

Rutherford

Holmes²

2007

Antipode

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Based on a case study of the Canadian Auto Workers (CAW) union in southern Ontario we argue for a critical reconstruction of both the labour geography and industrial cluster literature. The former stresses the active role of labour in the formation of economic landscapes, but has yet to explore labour's agency in production and how labour institutions shape technological change, firm innovation and industrial policy and strategy. Conversely, much of the industrial cluster and regional innovation systems literature is silent on the role of unions and industrial relations institutions in fostering innovation. We conclude with two main points. First, while some contend that positive union roles in innovation can only stem from partnerships with management and team working, we argue that innovation is more likely to emerge and worker interests are better protected when traditional collective bargaining structures and progressive employment legislation play a central role. Second, positive workplace and cluster level cooperation in the Canadian automotive parts industry are jeopardized by the broader and ongoing macro‐economic restructuring of OEM global production networks due to over‐capacity and intense cost‐cutting pressures reverberating down the supply chain.

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“…Thus, in spite of its rhetoric of globalization, the corporate economy is striving for spatial and cultural proximity through some form of local reembedding, structure, certainty and collectivity (see also, e.g. Gertler et al 2000;Torre and Gilly 2000;Perraton 2001).…”

Section: Local Clusters and Networking Hubandspoke-typementioning

confidence: 99%

Real-World Economics Today:The New Complexity, Co-ordination and Policy

Elsner¹

2005

Review of Social Economy

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More realistic economics has to start out from the most basic socio-economic phenomena and processes, i.e. dilemma-prone interdependencies and strong uncertainty among agents that have become ubiquitous phenomena in the world today. In the reality of the “new” economy these are represented by functional and spatial fragmentation of value-added chains, global de-regulation and disembedding of the most powerful economic agents, on one hand, and increasing complexity and high integration of goods and services and net-based tele-IC-technologies on the other hand. All these rather new phenomena entail ubiquitous actual or potential co-ordination failure, either in the form of conventional “market failure”, with a complete mutual blockage of action, or of “wrong” co-ordination, or technological “lock-in”. Both forms are indicative of an insufficient capacity of the co-ordinated action required. In contrast, capability of sustainable innovative action in a broad sense requires new forms of co-ordination beyond “market” and “hierarchy”. Economics thus has to be defined more than ever as a science of effective co-ordination and the generation of innovative and sustainable collective action capacity. The global corporate economy has developed individualist arrangements to cope with that new co-ordination problem, such as local clusters and hub&spoke networks, which all have severe shortcomings. Against this background, the paper develops a setting with ubiquitous direct interdependencies, net-externalities, “strategic” strong uncertainty and ubiquitous (latent) social-dilemma problems. It discusses the possibility of an ideal decentralized and spontaneous co-ordination through emergent institutionalized collective action, specifically of “well-governed” network co-operation. In conclusion, it is argued that only a hybrid system of networks together with a new public policy role, supporting collective learning and emergent institutional co-ordination, i.e. an “interactive” and “institutional” policy approach, is capable of solving the co-ordination problems of the “new” economy.complexity, co-ordination, co-operation, evolution, governance, information, information society, interaction, institutions, “interactive policy”, local clustering, networks, “new economy”, Prisoners' Dilemma,

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The global economy--myths and realities

Cited by 55 publications

References 0 publications

Sustainable Development and Creation of the Knowledge Economy: The New Theoretical Approach / Darni Plėtra Ir Žinių Ekonomikos Kūrimas: Naujas Teorinis Požiūris

Sustainable Development and Creation of the Knowledge Economy: The New Theoretical Approach / Darni Plėtra Ir Žinių Ekonomikos Kūrimas: Naujas Teorinis Požiūris

“We Simply Have to Do that Stuff for our Survival”: Labour, Firm Innovation and Cluster Governance in the Canadian Automotive Parts Industry

Real-World Economics Today:The New Complexity, Co-ordination and Policy

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