Research and Markets


Printer Friendly

Printed from http://www.researchandmarkets.com/reports/614581


Internationalisation and Economic Institutions: Comparing the European Experience


Description: This book examines how and why internationalisation of markets affects economic institutions. Its arguments relate to major debates in comparative politics, international relations, globalisation, political economy and regulation. It is also relevant for business studies and law.

This book examines when, how and why internationalisation affects national economic institutions. It confronts questions at the heart of debates in political economy and comparative politics: What does internationalisation of markets mean? Who are its carriers in domestic arenas? Through which mechanisms does it affect decisions about national institutional reform? What are institutional outcomes in the face of internationalisation?

The book responds to its questions by looking at key economic institutions in five strategic sectors: securities trading, telecommunications, electricity, airlines and postal services. It compares across four countries that represent different varieties of capitalism, namely Britain, France, Germany and Italy, over the period between 1965 and 2005. Thus it combines cross-national, historical and cross-sectoral comparisons to show the carriers mechanisms and outcomes of internationalisation.

The author distinguishes technological and economic forms of internationalisation from policy forms, notably decisions in powerful overseas nations and supranational regulation. He argues that, contrary to expectations, the first was met with institutional inertia. In contrast, policy forms of internationalisation, namely reforms in the US and European Union regulation, played significant roles in undermining long-standing national institutions. The book explores the mechanisms whereby policy forms of internationalisation were influential by looking at the strategies, coalitions and resources of key actors in national arenas. It also shows that institutional outcomes were surprising: all four countries, albeit through different routes, adopted increasingly similar reforms of economic institutions- privatisation, the ending of monopolies and delegation to independent regulatory agencies.

The book rejects the view that technological and economic forms of internationalisation drive institutional change. It suggests that policy forms of internationalisation are more important because they become part of domestic decision making and aid the reform of well-established national institutions.


Contents: List of Tables

Introduction: A Policy Analysis of Market Internationalisation and National Economic Institutions

1. Analysing Market Internationalisation and National Institutions

2. The Internationalisation of Securities Markets

3. Common Pressures, Diverse Paths: Securities Trading in France, West Germany, and Italy 1965-85

4. From Conservatism to Revolution: British Stock Exchanges 1965-2005

5. Transformation and Convergence: Stock Exchanges in France, Germany, and Italy 1986-2005

6. Internationalisation of Telecommunications Markets

7. The Force of Inertia: Telecommunications in France, West Germany, and Italy 1965-87

8. British Telecommunications: From Laggard to Leader

9. The European Path to Radical Reform: Telecommunications in France, Germany, and Italy 1988-2005

10. Power Politics: Electricity Supply in Europe

11. Changing Course: Airlines in Europe

12. Liberalising the Letter: The Reform of Postal Services

13. Conclusion: Internationalisation through Policy

Interviews
References
Index

List of Tables
0.1. Forms of market internationalisation and their strengths in network sector
0.2. Sectoral institutional features for securities trading in 1965
0.3. Sectoral institutions for securities trading in 2005
0.4. Sectoral institutions in telecommunications in 1965
0.5. Sectoral institutions in telecommunications in 2005
0.6. Sectoral economic institutions in electricity, airline transportation and postal services in 1965
0.7. Sectoral institutional features in 2005 in electricity, airline transportation, and postal services
2.1. Turnover of equities (millions of US dollars) and as percentage of national GDP
2.2. Market capitalisation of domestic listed companies in billions of US dollars
2.3. Transactions by foreigners on the NYSE in US and foreign securities
3.1. Major institutional features of securities trading in 1965
3.2. Allocation of regulatory powers in 1985
4.1. Institutional changes between 1965 and 2005
5.1. Major institutional features of securities trading in 1986
5.2. Institutional features of securities trading in 2005
7.1. The institutional position of telecommunications in 1987 and major changes since 1965
8.1. The institutional position of telecommunications in Britain 1965-2005
9.1. Institutional farameworks in 1988
9.2. Institutional frameworks in 2005
10.1. Economic institutions in the mid-1960s
10.2. Summarises the position in 2005
11.1. Economic institutions for airline transportation in 1987
11.2. Economic institutions for airline transportation in 2005
12.1. Sectoral institutions in 1985
12.2. Sectoral regulatory institutions in 1996
12.3. Sectoral regulatory institutions in 2005
13.1. Sectoral institutions in 1965
13.2. Key sectoral institutions in 2005




Ordering: Order Online - visit http://www.researchandmarkets.com/reports/614581

Order by Fax - using the order form below

Order By Post - print the order form below and send to

Research and Markets,
Guinness Centre,
Taylors Lane,
Dublin 8,
Ireland.


Research and Markets Page 1 of 2
Printed 11/10/2008 18:58:16
Fax Order Form

To place an order via fax simply print this form, fill in the information below and fax the completed form to the number at the bottom of this page. If you have any questions please email help@researchandmarkets.com


Order information

Please verify that the product information is correct and select the format you require.

Product Name:
Internationalisation and Economic Institutions: Comparing the European Experience
Web Address:
http://www.researchandmarkets.com/reports/614581
Office Code:
OCHKEPIOVOR

Report formats

Please enter the quantity of the report format you require.

Format Quantity Price
Electronic (PDF) - Single User €97.00




Contact information

Please enter all the information below in BLOCK CAPITALS.

First Name:   Last Name:  
Email Address:
Job Title:
Organisation:
Address:
City:
Postal/Zip Code:
Country:
Phone Number:
Fax Number:


Please fax this form to:
(646) 607-1907 or (646) 964-6609 - From USA
+353 1 481 1716 or +353 1 653 1571 - From Rest of World

Research and Markets Page 2 of 2
Printed 11/10/2008 18:58:16

Payment information

Please indicate the payment method you would like to use by selecting the appropriate box.

 Pay by Credit Card:
American Express
Diners Club
Master Card
Visa
Cardholder Name:
Expiry Date: /
Card Number:
CVV Security Code:
Issue Date: /   (Diners Club only)


 Pay by Check:
Please post the check, accompanied by this form, to:

Research and Markets,
Guinness Centre,
Taylors Lane,
Dublin 8,
Ireland.


 Pay by Wire Transfer:
Please transfer funds to:

Account number: 83313083
Sort code: 98-53-30
Swift code: ULSBIE2D
IBAN number: IE78ULSB98533083313083
Bank Address: Ulster Bank,
27-35 Main St,
Blackrock,
Co. Dublin,
Ireland.


If you have a Marketing Code please enter it below:

Marketing Code:


Please note that by ordering from Research and Markets you are agreeing to our Terms and Conditions at http://www.researchandmarkets.com/info/terms.asp



Please fax this form to:
(646) 607-1907 or (646) 964-6609 - From USA
+353 1 481 1716 or +353 1 653 1571 - From Rest of World