LEADER 05893nam 22009014a 450 001 9910792326003321 005 20200520144314.0 010 $a1-282-53809-8 010 $a9786612538094 010 $a0-226-47700-2 024 7 $a10.7208/9780226477008 035 $a(CKB)2670000000019004 035 $a(EBL)530442 035 $a(OCoLC)630542323 035 $a(SSID)ssj0000425826 035 $a(PQKBManifestationID)11287902 035 $a(PQKBTitleCode)TC0000425826 035 $a(PQKBWorkID)10372662 035 $a(PQKB)10563917 035 $a(SSID)ssj0000741681 035 $a(PQKBManifestationID)12311464 035 $a(PQKBTitleCode)TC0000741681 035 $a(PQKBWorkID)10742609 035 $a(PQKB)10714028 035 $a(StDuBDS)EDZ0000115670 035 $a(MiAaPQ)EBC530442 035 $a(DE-B1597)523875 035 $a(OCoLC)1135589280 035 $a(DE-B1597)9780226477008 035 $a(Au-PeEL)EBL530442 035 $a(CaPaEBR)ebr10383909 035 $a(CaONFJC)MIL253809 035 $a(EXLCZ)992670000000019004 100 $a20031027d2004 uy 0 101 0 $aeng 135 $aur||||||||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe power of productivity$b[electronic resource] $ewealth, poverty, and the threat to global stability /$fWilliam W. Lewis 210 $aChicago $cUniversity of Chicago Press$dc2004 215 $a1 online resource (373 p.) 300 $aDescription based upon print version of record. 311 $a0-226-47698-7 311 $a0-226-47676-6 320 $aIncludes bibliographical references. 327 $aFindings : the global economic landscape -- Japan : a dual economy -- Europe : falling behind -- The United States : consumer is king -- Korea : following Japans path -- Brazil : big government is big problem -- Russia : distorted market economy -- India : bad economic management from democratic government -- Patterns : clear and strong -- Why bad economic policy around the world? -- New approaches -- So what. 330 $aThe disparity between rich and poor countries is the most serious, intractable problem facing the world today. The chronic poverty of many nations affects more than the citizens and economies of those nations; it threatens global stability as the pressures of immigration become unsustainable and rogue nations seek power and influence through extreme political and terrorist acts. To address this tenacious poverty, a vast array of international institutions has pumped billions of dollars into these nations in recent decades, yet despite this infusion of capital and attention, roughly five billion of the world's six billion people continue to live in poor countries. What isn't working? And how can we fix it? The Power of Productivity provides powerful and controversial answers to these questions. William W. Lewis, the director emeritus of the McKinsey Global Institute, here draws on extensive microeconomic studies of thirteen nations over twelve years-conducted by the Institute itself-to counter virtually all prevailing wisdom about how best to ameliorate economic disparity. Lewis's research, which included studying everything from state-of-the-art auto makers to black-market street vendors and mom-and-pop stores, conclusively demonstrates that, contrary to popular belief, providing more capital to poor nations is not the best way to help them. Nor is improving levels of education, exchange-rate flexibility, or government solvency enough. Rather, the key to improving economic conditions in poor countries, argues Lewis, is increasing productivity through intense, fair competition and protecting consumer rights. As The Power of Productivity explains, this sweeping solution affects the economies of poor nations at all levels-from the viability of major industries to how the average consumer thinks about his or her purchases. Policies must be enacted in developing nations that reflect a consumer rather than a producer mindset and an attendant sense of consumer rights. Only one force, Lewis claims, can stand up to producer special privileges-consumer interests. The Institute's unprecedented research method and Lewis's years of experience with economic policy combine to make The Power of Productivity the most authoritative and compelling view of the global economy today, one that will inform political and economic debate throughout the world for years to come. 606 $aIndustrial productivity 606 $aEconomic policy 606 $aCompetition, International 606 $aConsumption (Economics) 606 $aInvestments, Foreign 606 $aWealth 606 $aPoverty 606 $aEconomic stabilization 606 $aEconomic development 606 $aMicroeconomics 610 $apoverty, terrorism, humanitarian aid, civil war, conflict, state violence, influence, power, rogue nations, immigration, refugees, migration, diaspora, stability, security, wealth gap, government, politics, political science, economics, nonfiction, history, capital, investment, solvency, exchange-rate flexibility, education, consumer rights, competition, productivity, economic stabilization, microeconomics, japan, korea, brazil, russia, europe, india. 615 0$aIndustrial productivity. 615 0$aEconomic policy. 615 0$aCompetition, International. 615 0$aConsumption (Economics) 615 0$aInvestments, Foreign. 615 0$aWealth. 615 0$aPoverty. 615 0$aEconomic stabilization. 615 0$aEconomic development. 615 0$aMicroeconomics. 676 $a338/.06 700 $aLewis$b William W.$f1942-$01585135 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910792326003321 996 $aThe power of productivity$93869436 997 $aUNINA