EVOLUTION AND EVALUATION OF THE FIRM INTENSIVE SYSTEM IN FIS-CENTRED COUNTRIES

S.I. Cohen

Chapter 4 in World Development and Economic Systems:Theory and Applications, 2015, pp 93-179 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The following sections are included:INTRODUCTIONHISTORICAL DEVELOPMENTSFocusThe period of 1000 to 1400The Papal revolution and crusade warsThe feudal–lordship–manorial subsystemUrban communesTrade guildsThe period of 1400 to 1700The RenaissanceThe Reformist RevolutionsThe world discoveriesThe colonial conquestThe rise of nation statesThe rise of business metropolisThe period of 1700 to 1900Enlightenment and the constitutional revolutionsEconomic thought and the IRThe period of the 20th century and recent yearsWorld War IWorld War IIGreat DepressionFinancial crisesIntegration of the FISGlobalizationA summary illustration of the changed relative powers of main subsystems in FIS countriesEVALUATION OF CHALLENGES AND RESPONSES IN FIS-CENTRED COUNTRIESThe free market economy model, market failures and policy responsesProduction indivisibilitiesNatural monopolyImperfect competitionThe trade-off between perfect competition and technological advanceImperfect governanceIncomplete informationAsymmetric informationExternality effectsCollective needsEndowments distribution: Income and wealthTHE POLITY SYSTEMIN FIS COUNTRIESPRIVATE AND PUBLIC SHARES IN FIS COUNTRIESCONCLUDING REMARKSENDNOTES

Keywords: Economics; Economic Systems; Comparative Studies; Market Economies; Transition Economies; Developing Countries; World Development; Economic Development (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9789814632331_0004 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9789814632331_0004 (text/html)
Ebook Access is available upon purchase.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:wschap:9789814632331_0004

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().