Call Boomerang Books 1300 36 33 32

Get Latest Book News + FREE Shipping. Subscribe to the Boomerang Books Bulletin eNewsletter right now!

Description - Large Firms and Institutional Change by Bob Hancke

Between 1980 and 1985, the French economy and industry faced a dramatic crisis; in the ten years that followed, it witnessed a remarkable revival. How did the French economy make this transition? While the state is still an important economic agent in France, and the market certainly has become more central in the organization of the French economy, both state- and market-centered perspectives fail to understand critical elements of this adjustment. Building on the new Varieties of Capitalism approach in political economy which puts firms at the center of the analysis, this book argues that the post-war, state-led system changed into a system organized by and around the large firms. Large firms have always been central in the French post-war economic development model. In the past, however, they adapted to patterns set by the central state. By exploiting the possibilities in government policies in different areas such as finance, labour relations, and regional policies, the large firms were able to induce their main interlocutors - the state, banks, labour unions, workers, and small firms - to adjust in a way which was congruent with their own interests. From subservient economic agents, they became the drivers of economic adjustment. Through this case study of readjustment in France, this book offers a subtle critique of neo-institutionalist perspectives on firms. Institutional frameworks do not simply offer scenarios for adjustment, but are themselves constructions of economic and political actors and therefore subject to change and reorganization. By analysing how large firms in France, arguably one of the least likely places to harbour such endogenous capacities, changed their institutional environment to fit their own needs, this book offers an important new perspective on the political economy of industrial and economic change.

Buy Large Firms and Institutional Change by Bob Hancke from Australia's Online Independent Bookstore, Boomerang Books.

Book Details

ISBN: 9780199252053
ISBN-10: 019925205X
Format: Hardback
(242mm x 162mm x 18mm)
Pages: 236
Imprint: Oxford University Press
Publisher: Oxford University Press
Publish Date: 25-Jul-2002
Country of Publication: United Kingdom

Book Reviews - Large Firms and Institutional Change by Bob Hancke

» Have you read this book? We'd like to know what you think about it - write a review about Large Firms and Institutional Change book by Bob Hancke and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a Boomerang Books Account Holder - it's free to sign up and there are great benefits!)

Write Review

Author Biography - Bob Hancke

Bob Hancke studied Sociology at the Free University of Brussels and Political Economy at MIT. From 1994 to 2000 he was a research fellow at the Wissenschaftszentrum in Berlin. His research interests are the comparative analysis of economic and industrial restructuring in advanced capitalist countries; the comparative analysis of labour relations systems and trajectories of economic adjustment in advanced capitalist countries; EMU, wage bargaining systems, and macro-economic policy.

Books By Bob Hancke

Unions, Central Banks, and EMU by Bob Hancke
Hardback, April 2013
Debating Varieties of Capitalism by Bob Hancke
Paperback, September 2009
Intelligent Research Design by Bob Hancke
Hardback, July 2009
Beyond Varieties of Capitalism by Bob Hancke
Paperback, June 2008