Globalization has profound effects on national economies even as distinct national ‘models’ of capitalism remain. International and Comparative Business accessibly tracks the historical and socio-political contexts of the world's major countries on a chapter-by-chapter basis to the present day. The book provides a comprehensive, critical, yet concise introduction to each of the economies’ key features, including macro overviews as well as organizational and workplace-level analysis. Each chapter features learning objectives, in-depth interpretation and critique of key literature, and annotated further reading to allow readers to rigorously navigate their way through the wealth of material available for each country. This text is essential reading for students and researchers in the areas of international business and cross-cultural management, comparative political economy, and history.

Germany: Europe'S ‘Production Machine’

Germany: Europe'S ‘Production Machine’

Germany: Europe's ‘production machine’

Chapter Objectives

  • To describe how Germany became a major economic power formed out of dozens of small independent states and principalities
  • To show how the relatively late unification of Germany retarded its economic development but also formed the basis for the German Empire's rapid growth based on ‘late industrialization’ strategies
  • The chapter will note the strong path-dependent effects of many of these historical features of Germany: many survive today to some degree
  • To explain how defeat and rancorous peace terms in the First World War foreshadowed the disastrous collapse of Germany's first democratic state and the slide into totalitarianism and the Second World War
  • To explore West Germany's enormously successful recovery from the Second World War, and the establishment of a popular ...
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