Lecture%20Outlines%20for%20State%20Capitalism%20Comes%20of%20Age

Lecture%20Outlines%20for%20State%20Capitalism%20Comes%20of%20Age

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LECTURE OUTLINES FOR State Capitalism Comes of Age by Ian Bremmer Click here to read State Capitalism Comes of Age by Ian Bremmer The state's heavy hand in the economy Twenty years ago, the western economic model was embraced, such as the new Russian leadership along with young governments of the former Soviet republics championed western economic political values. Meanwhile, China had launched liberal economic reforms to breathe new life into the Chinese Communist Party, as well the deregulation of dormant economies of Brazil, India, Indonesia, and South Africa, and Turkey. (p.1) But the free-market tide has now receded. Governments, not private shareholders, now own the world's largest oil companies and control three-quarters of the world's energy reserves. Other companies owned by or aligned with the state enjoy growing market power in major economic sectors in the world's fastest- growing economies. (p.1) State capitalism’s principal actors State capitalism has four primary actors: national oil corporations, state-owned
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This note was uploaded on 04/24/2010 for the course MARK 3336 taught by Professor Cox during the Spring '10 term at University of Houston - Downtown.

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Lecture%20Outlines%20for%20State%20Capitalism%20Comes%20of%20Age

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