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Comparative Economics in a Transforming World Economy, 2nd Edition

Author

Listed:
  • J. Barkley Rosser, Jr.

    (James Madison University)

  • Marina V. Rosser

    (James Madison University)

Abstract

This second edition of an innovative undergraduate text offers an approach to understanding different economic systems that reflects both recent transformations in the world economy and recent changes in the field of Comparative Economic Systems. The traditional way of teaching comparative economics, with its reliance on relatively simple dichotomies (private vs. state, planning vs. market) does not take into consideration the many variants and mixtures of economic systems that exist in the real world. The Rossers' introduction in the first edition of the concept of the "new traditional economy"—the effort by a developing country to embed a modern economic system into a traditional culture, usually religious—presented a new way to look at developing economies. Their innovative examination of Iran and its effort to develop a "revolutionary Islamic economy" as an alternative to market capitalism illustrates the use of this new tool in comparative economics.

Suggested Citation

  • J. Barkley Rosser, Jr. & Marina V. Rosser, 2004. "Comparative Economics in a Transforming World Economy, 2nd Edition," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262681536, April.
    • Handle: RePEc:mtp:titles:0262681536
    as

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    Citations

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    Cited by:

    1. György Simon, Jr, 2007. "The Impact Of The British Model On Economic Growth," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 52(174-175), pages 45-72, July - De.
    2. Mihaela Iacob & Rodica Gherghina & Georgiana Camelia Cre?an, 2019. "„Comparative (Bio)Economic Systems” in Terms of Social Responsibility: The Natural Environment – Between Ideal Capitalism, Utopian Socialism and Real-World Interventionism," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 21(52), pages 707-707, August.
    3. Ehsan Ahmed & Honggang Li & J. Barkley Rosser, 2006. "Nonlinear bubbles in Chinese Stock Markets in the 1990s," Eastern Economic Journal, Eastern Economic Association, vol. 32(1), pages 1-18, Winter.
    4. Mohd Mahyudi & Enizahura Abdul Aziz, 2018. "Method and Substance of Islamic Economics Revisited إعادة النظر في منهجية ومرتكزات الاقتصاد الإسلامي," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 31(2), pages 33-50, July.
    5. Rosser, J. Jr., 2005. "The Road to Serfdom and the world economy: 60 years later," European Journal of Political Economy, Elsevier, vol. 21(4), pages 1012-1025, December.
    6. J. Barkley Rosser & Marina V. Rosser, 2006. "Institutional Evolution of Environmental Management under Global Economic Growth," Journal of Economic Issues, Taylor & Francis Journals, vol. 40(2), pages 421-429, June.
    7. Barbara Hopkins & Lynn Duggan, 2011. "A Feminist Comparative Economic Systems," Feminist Economics, Taylor & Francis Journals, vol. 17(3), pages 35-69.
    8. J. Barkley Rosser Jr & Richard P.F. Holt & David Colander, 2010. "European Economics at a Crossroads," Books, Edward Elgar Publishing, number 13585.
    9. Barbara Dluhosch, 2011. "European Economics at a Crossroads, by J. Barkley Rosser, Jr., Richard P. F. Holt, and David Colander," Journal of Regional Science, Wiley Blackwell, vol. 51(3), pages 629-631, August.
    10. Victor M. Yakovenko & J. Barkley Rosser, 2009. "Colloquium: Statistical mechanics of money, wealth, and income," Papers 0905.1518, arXiv.org, revised Dec 2009.
    11. György Simon, Jr, 2010. "Technical Progress And Its Factors In Russia’S Economy," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 55(186), pages 7-41, July – Se.
    12. J. Rosser & Marina Rosser, 2009. "Post-Hayekian socialism a la Burczak: Observations," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 22(3), pages 289-292, September.

    More about this item

    Keywords

    comparative economic systems; new traditional economy;

    JEL classification:

    • P52 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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