Synopses & Reviews
How does a market globalize? How do antitrust and trade policies speed up or slow down the process? How do firms take part in it? This book offers a comprehensive appraisal of the phenomenon from a thorough study of the cement industry. Considered as a model of spatial competition in economic textbooks and inherently local, the industry globalized in the 1980s. This book deals with this extreme case highlighting the fundamental characteristics of globalization.
Synopsis
List of Abbreviations Foreword by Suzanne Berger, M.I.T. Introduction The Cement Industry: A Model Case Part I: LOCAL COMPETITION Stabilizing Local Competition Local Market Stabilization and Rivalry Local Market Stabilization and Competition Policy Concluding Comments PART II: GLOBALIZATION OF LOCAL MARKETS The Internal Conditions of Globalization The Globalization Process Strategic Responses to Globalization Concluding Comments PART III: UNDERSTANDING AND REGULATING MARKETS AT A TIME OF GLOBALIZATION The European Case Conclusion Comment by F.M. Scherer, Harvard University Bibliography Index
Synopsis
How does a market globalize? How do antitrust and trade policies speed up or slow down the process? How do firms take part in it? This book offers a comprehensive appraisal of the phenomenon from a thorough study of the cement industry. Considered as a model of spatial competition in economic textbooks and inherently local, the industry globalized in the 1980s. This book deals with this extreme case highlighting the fundamental characteristics of globalization.
Description
Includes bibliographical references (p. 213-228) and index.
About the Author
Hervé Dumez and
Alain Jeunemaître are Researchers at the Centre de Recherche en Gestion, Éscole Polytechnique, Paris.
Table of Contents
Foreword--Suzanne Berger, M.I.T. *
Introduction * The Cement Industry: A Model Case *
Part I: Local Competition * Stabilizing Local Competition * Local Market Stabilization and Rivalry * Local Market Stabilization and Competition Policy *
Part II: Globalization of Local Markets * The Internal Conditions of Globalization * The Globalization Process * Strategic Responses to Globalization *
Part III: Understanding and Regulating Markets at a Time of Globalization * The European Case