Search results for "tag:"Author Darius Ornston, Jr.""
Cornell University Press When Small States Make Big Leaps
Book SynopsisAt the close of the twentieth century, Denmark, Finland, and Ireland emerged as unlikely centers for high-tech competition. In When Small States Make Big Leaps, Darius Ornston reveals how these historically low-tech countries managed to assume leading positions in new industries such as biotechnology, software, and telecommunications equipment. In each case, countries used institutions that are commonly perceived to delay restructuring to accelerate the redistribution of resources to emerging enterprises and industries. Ornston draws on interviews with hundreds of politicians, policymakers, and industry representatives to identify two different patterns of institutional innovation and economic restructuring. Irish policymakers worked with industry and labor representatives to contain costs and expand market competition. Denmark and Finland adopted a different strategy, converting an established tradition of private-public and industry-labor cooperation to invest in high-qualiTrade Review"When Small States Make Big Leaps is a first-rate book that adds substantially to debates on European political economy and corporatism. Darius Ornston argues that some small European states have invented a new 'creative' corporatism that turns economic pressure into targeted political pressures that both motivate and enable new kinds of tripartite deals to deliver supply-side benefits. Throughout, Ornston distinguishes among industrial policy, labor market policy, and developments in capital markets. I found this very enlightening and provocative." -- Wade Jacoby, Brigham Young University, author of Imitation and Politics: Redesigning Modern Germany"At a moment when the West is confused on what to do next, Darius Ornston provides us with a remarkably detailed comparative account of the search for solutions to a previous crisis. He demonstrates how the coordinated market economies of Denmark and Finland, by making creative use of corporatism, could transform institutions and move from low- to high-tech societies during the 1990s. These lessons are highly significant for locating theoretically the sources of institutional and social innovation and the capability for searching for new phases of prosperity." -- Peer Hull Kristensen, Copenhagen Business SchoolTable of ContentsIntroduction: Recasting Corporatism 1. The Paradox of High-Tech Corporatism 2. The Crisis of Low-Tech Production in Denmark, Finland, and Ireland 3. From Price-Fixing Cartels to Research Consortia: Rapid Restructuring in Finland 4. From Social Protection to Skill Formation: Diversified High-Tech Production in Denmark 5. A Low-End Producer in High-Tech Markets: Economic Adjustment in Ireland 6. Comparing Corporatisms Conclusion: Explaining Institutional InnovationReferences Index
£35.15
Cornell University Press Good Governance Gone Bad
Book SynopsisIf we believe that the small, open economies of Nordic Europe are paragons of good governance, why are they so prone to economic crisis? In Good Governance Gone Bad, Darius Ornston provides evidence that adapting flexibly to rapid, technological change and shifting patterns of economic competition may be a great virtue, but it does not prevent countries from making strikingly poor policy choices and suffering devastating results. Home to three of the big five financial crises in the twentieth century, Nordic Europe in the new millennium has witnessed a housing bubble in Denmark, the collapse of the Finnish ICT industry, and the Icelandic financial crisis.Ornston argues that the reason for these two seemingly contradictory phenomena is one and the same. The dense, cohesive relationships that enable these countries to respond to crisis with radical reform render them vulnerable to policy overshooting and overinvestment. Good Governance Gone Bad tests this argumentTrade ReviewOrnston shows how we can recognize this mechanism by a wider pattern of logical entailments, negative as well as positive. The book is carefully designed to reveal that pattern and painstakingly researched to bring it to life. * Governance *Darius Ornston has built on years of comparative political economic studies to provide an ambitious if demanding critical study of the region... [he] has made an important empirical and theoretical contribution. * EuropeNow *Ornston's book is a must-read not only for academics but also for Nordic policy makers, businesspeople, and all institutional actors who are keen to make rapid reforms in the name of innovation and change. * American Journal of Sociology *Table of ContentsAcknowledgements Introduction: The Nordic Paradox 1. Good Governance Gone Bad: Overshooting in Nordic Europe 2. Manufacturing a Crisis: Planning in Sweden 3. Connecting People: Innovation in Finland 4. From Banking on Fish to Fishy Banks: Liberalization in Iceland 5. Overshooting in Comparative Perspective: Contrasting Cases 6. Overshooting beyond Nordic Europe: Ireland and Estonia Conclusion: Lessons for Large States Appendix 1: Measuring Cohesive, Encompassing Networks Appendix 2: Characterizing Economic Adjustment Notes References Index
£97.20
Cornell University Press Good Governance Gone Bad
Book SynopsisIf we believe that the small, open economies of Nordic Europe are paragons of good governance, why are they so prone to economic crisis? In Good Governance Gone Bad, Darius Ornston provides evidence that adapting flexibly to rapid, technological change and shifting patterns of economic competition may be a great virtue, but it does not prevent countries from making strikingly poor policy choices and suffering devastating results. Home to three of the big five financial crises in the twentieth century, Nordic Europe in the new millennium has witnessed a housing bubble in Denmark, the collapse of the Finnish ICT industry, and the Icelandic financial crisis.Ornston argues that the reason for these two seemingly contradictory phenomena is one and the same. The dense, cohesive relationships that enable these countries to respond to crisis with radical reform render them vulnerable to policy overshooting and overinvestment. Good Governance Gone Bad tests this argumentTrade ReviewOrnston shows how we can recognize this mechanism by a wider pattern of logical entailments, negative as well as positive. The book is carefully designed to reveal that pattern and painstakingly researched to bring it to life. * Governance *Darius Ornston has built on years of comparative political economic studies to provide an ambitious if demanding critical study of the region... [he] has made an important empirical and theoretical contribution. * EuropeNow *Ornston's book is a must-read not only for academics but also for Nordic policy makers, businesspeople, and all institutional actors who are keen to make rapid reforms in the name of innovation and change. * American Journal of Sociology *Table of ContentsAcknowledgements Introduction: The Nordic Paradox 1. Good Governance Gone Bad: Overshooting in Nordic Europe 2. Manufacturing a Crisis: Planning in Sweden 3. Connecting People: Innovation in Finland 4. From Banking on Fish to Fishy Banks: Liberalization in Iceland 5. Overshooting in Comparative Perspective: Contrasting Cases 6. Overshooting beyond Nordic Europe: Ireland and Estonia Conclusion: Lessons for Large States Appendix 1: Measuring Cohesive, Encompassing Networks Appendix 2: Characterizing Economic Adjustment Notes References Index
£26.59
