790-357 2-6-08

790-357 2-6-08 - Comp Poli Econ 2 level analysis FIZM...

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Comp Poli Econ 2-6-08 2 level analysis FIZM – finance, labor, training, o firm Larger politicized economic environment o Firms prefer to finance the way they have financed previously, etc… becomes equ Larger environment Economic conditions, trade, finance, technology, sectoral change o 4 important changes in economic conditions – have affects on Acceleration of international trade capitalist countries have become increasingly dependent on international markets and trade Technological innovation since 1970s Countries in Europe and US for first time since WW2 began to experience inflationary pressures Social coalitions o Rise of business power Shift in balance of power between labor and capital> organized labor weaker, business stronger (b/c of globalization) – opening up for opportunities of investment abroad o Conflicts between sectors 2 sectors: Tradable and sheltered (public employment, security services > things that don’t have to compete with exports/imports)
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This note was uploaded on 04/07/2008 for the course POLI 357 taught by Professor Kaufman during the Spring '08 term at Rutgers.

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790-357 2-6-08 - Comp Poli Econ 2 level analysis FIZM...

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