Summary: What influence does business have on government? How much should government regulate and intervene with business? To evaluate the nexus of the two, Richard Lehne explores how government and business each rely on the effective performance of the other to meet their goals. Government depends on business to create jobs, generate revenue, promote innovation, and provide goods and services; business needs government to provide specific opportunities for firms and industri...show morees and to maintain conditions in which economic activity can flourish.
Taking a decidedly comparative approach, Lehne evaluates the similarities and differences between the U.S. political economy and those of Great Britain, Germany, Japan, and the European Union. After providing rich historical context, he probes some of the most crucial dilemmas facing government and business today--including whether economic globalization threatens national sovereignty; the place of public opinion, unions, and other advocacy groups in government-business relations; and the best way to improve the international trade system.
Important new coverage includes:
how the Enron and WorldCom-MCI scandals illustrate major failures in regulation by both government policies and corporate governance
how the regulation of cell phones in the EU and United States illustrates major differences in industrial policy
how recalls on drugs such as Vioxx and Celebrex shamed the FDA and reflect the intense accountability of federal regulation for certain private industries
how European business groups are gaining strength and influence on policy in the EU
how regulation is used as a policy tool, specifically looking at the FCC's tightening regulation of the media
For enhanced accessibility and interest, Lehne has added several features new to the second edition:
Cases in Development boxes extend the comparative analysis with key illustrations of business-government relations in developing countries, including India, Mexico, Brazil, China, and South Korea.
Comprehensive glossary spotlights all key terms for each chapter.
Chapter-ending summaries encapsulate the most important concepts developed in each chapter.
Edition/Copyright:2ND 06 Cover: Paperback Publisher:Congressional Quarterly Published: 10/09/2005 International: No
View Table of Contents
Tables, Figures, and Boxes Preface Introduction
Part I. Environment for Government-Business Relations
1. Origins of Government and Business
Colonial Times to 1860: Legal Foundations of Business The Rise of Modern Industry: 1860-1929 The Emergence of Positive Government: 1929-2005 Paths to Industrial Development Summary Further Readings
2. Creating Government-Business Relations
The Role of Government Models of Business and Government Government and Business: International Perspectives Summary Further Readings
3. The Stakes in Governmental Systems
Government Activities Patterns of American Governance Governmental Institutions in Comparative Perspective Summary Further Readings
4. Corporate Governance and Public Space Responsibility
Who Controls Corporations in the United States? Corporate Governance in Comparative Perspective Corporate Public Affairs Programs Summary Further Readings
5. Globalization of Business Activity
The Emergence of the Global Marketplace Multinational Corporations in the Global Economy Carving Up the Global Pie: Varieties of Capitalism Summary Further Readings
Part II. Corporate Activities in the Political Arena
6. The Advocacy Environment: Public Opinion, Unions, and Groups
Public Attitudes toward Business Labor Unions Interest Group Universe Summary Further Readings
7. Corporations and Business Associations in the Political Arena
Business Involvement in Politics Business Associations in the United States Business Associations: A Comparative Perspective Summary Further Readings
8. Lobbying Connections
What Do Business Lobbyists Do? Lobbying Administrative Agencies Litigation as a Business Tactic Governmental Relations in Comparative Perspective Corporate Lobbying: Pluralism or Hegemony? Summary Further Readings
9. Why Does Business Win and Lose in Politics?
Business and Political Parties: A Comparative Perspective Winning and Losing in Politics Hallmarks of Business in American Politics Summary Further Readings
Part III. Government Policies and Business
10. Business and Economic Policy
Fiscal Policy Monetary Policy Revenues and Expenditures Employment Summary Further Readings
11. Regulatory Policy
Theories of Regulation Dimensions of Federal Regulation The Contest among Reform, Deregulation, and Reregulation Summary Further Readings
12. Antitrust and Competition Policy in the New Economy
American Antitrust Policy Comparative Antitrust Policies Conclusion Summary Further Readings
13. Industrial Policy and High-Tech Industries
American Industrial Policies and Proposals Industrial Policy: International Experiences Technology Policies Conclusion Summary Further Readings
14. Global Trade Policies
Features of the International Trading System The International Trade System under Stress What is the Future of the International Trade System? Summary Further Readings
15. Business as Social Actor
Policies to Achieve Societal Goals Policies to Protect Society from Business Policies to Protect Workers Conclusion Summary Further Readings
Other Editions of Government and Business : American Political Economy in Comparative Perspective:
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