 Economic Progress and Economic OrganisationM. Panić
Chapter 14 in National Management of the International Economy, 1988, pp 261-282 from Palgrave Macmillan Abstract: Abstract As economic processes become more and more specialised and divided, people inevitably become increasingly separated, both geographically and in their understanding of each other’s problems, aspirations and skills. It is, therefore, in the very nature of the continuous specialisation and segmentation of production and distribution processes that they increase the problem of communication and, thus, the risk of failure. The ability to achieve a particular economic objective depends increasingly on the compatibility and timing of a vast number of seemingly unrelated actions carried out by a large number of people. Yet most of these people frequently have no idea that they are working towards the same goal for the very simple reason that they are not even aware of each other’s existence! To complicate matters further, no objective can be attained unless it is, first of all, accepted by those whose participation is essential for its realisation. Keywords: World Economy; Economic Progress; European Economic Community; Dominant Firm; Political Union (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-07129-6_14 Ordering information: This item can be ordered from DOI: 10.1007/978-1-349-07129-6_14 Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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