In the wake of worldwide economic turmoil and efforts toward recovery, understanding the interdependence of government and business is more important than ever. In this thoroughly updated edition, Lehne takes a comparative approach, evaluating the U.S. political economy with respect to those of Great Britain, Germany, Japan, and the EU. The book provides detailed historical context for, and a conceptual understanding of, the business-government environment, and then clarifies the roles of the major actors and outlines the regulatory and policy frameworks. Along the way, Lehne probes some of the most crucial dilemmas facing government and business today. Updates to this edition include: • expanded coverage of ethics as it relates to government and business; • greater attention to China in particular in the feature boxes on developing nations; and • a look at relations between government and business at the subnational level. A comprehensive glossary and chapter summaries enhance student learning.

Global Trade Policies

Global trade policies

Nineteen-foot-tall replicas of the seven dwarfs from Snow White support the roof of the Walt Disney Company building in Southern California.1 Hollywood has long been the ultimate dream factory, but behind the carefully crafted façade of fantasy and illusion is an industry whose history is chronicled not only in scripts and screenplays but also in the reports of MBAs and accounts of the financial press.2

In 2010, Disney's revenues exceeded $38 billion. The firm's Studio Entertainment Division became the first studio in history to release two $1 billion films in a single year, Alice in Wonderland and Toy Story 3. The Lion King has become the most popular American musical in history with audiences on Broadway as well as in ...

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