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Competing in Capabilities: The Globalization Process


  • Sutton, John

    (Sir John Hicks Professor of Economics, London School of Economics)


This book offers a new perspective on the economics of globalization, based on the concepts of firms' capabilities as the immediate cause of countries' wealth. It presents new ways of looking at the way China, India, and Africa have been drawn into the global economy over the past two decades. It offers new perspectives on some of the most central questions in the current debate: What effects does the rise of China have for the advanced industrial economies? Why have some industries adapted quickly and effectively to the changing global scene, while others have not? How were the 'Transition Economies' of Eastern Europe affected by trade liberalization? How have the economic prospects of sub-Saharan African countries changed over the past decade? This analysis contributes to the recent literature on quality and trade, which is providing a new and different approach to the analysis of globalization, and which focusses on those economic mechanisms that are central to the current wave of this centuries-old phenomenon. This book forms the basis for the author's course on Globalisation and Strategy, given to Masters students in Economics and Management at the London School of Economics.

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  • Sutton, John, 2012. "Competing in Capabilities: The Globalization Process," OUP Catalogue, Oxford University Press, number 9780199274536.
  • Handle: RePEc:oxp:obooks:9780199274536

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    References listed on IDEAS

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    Cited by:

    1. Joshua S. Gans & Scott Stern, 2017. "Endogenous Appropriability," American Economic Review, American Economic Association, vol. 107(5), pages 317-321, May.
    2. Lisandra Flach & Florian Unger, 2016. "Quality and Gravity in International Trade," CESifo Working Paper Series 6080, CESifo Group Munich.
    3. Lectard, Pauline & Rougier, Eric, 2018. "Can Developing Countries Gain from Defying Comparative Advantage? Distance to Comparative Advantage, Export Diversification and Sophistication, and the Dynamics of Specialization," World Development, Elsevier, vol. 102(C), pages 90-110.
    4. Eckel, Carsten & Unger, Florian, 2015. "Credit constraints, endogenous innovations, and price setting in international trade," Discussion Papers in Economics 24858, University of Munich, Department of Economics.
    5. Valeria SMEETS & Sharon TRAIBERMAN & Frederic WARZYNSKI, 2014. "Offshoring and the Shortening of the Quality Ladder: Evidence from Danish Apparel," Working Papers DP-2014-12, Economic Research Institute for ASEAN and East Asia (ERIA).
    6. Patrick Van Cayseele & Jozef Konings & Ilona Sergant, 2014. "The effects of state aid on Total Factor Productivit growth," Working Paper Research 264, National Bank of Belgium.
    7. Volker Nocke & Stephen Yeaple, 2014. "Globalization And Multiproduct Firms," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 55, pages 993-1018, November.
    8. David Marsden, 2015. "The Future of the German Industrial Relations Model," CEP Discussion Papers dp1344, Centre for Economic Performance, LSE.
    9. Marco Vivarelli, 2016. "The middle income trap: a way out based on technological and structural change," Economic Change and Restructuring, Springer, vol. 49(2), pages 159-193, August.
    10. Azamat Valei, 2017. "Advertising Response to New Entry," CERGE-EI Working Papers wp588, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    11. Goedhuys, Micheline & Sleuwaegen, Leo, 2016. "International standards certification, institutional voids and exports from developing country firms," International Business Review, Elsevier, vol. 25(6), pages 1344-1355.
    12. Lorenz Kueng & Nicholas Li & Mu-Jeung Yang, 2016. "The Impact of Emerging Market Competition on Innovation and Business Strategy," NBER Working Papers 22840, National Bureau of Economic Research, Inc.
    13. Marco Vivarelli, 2015. "Structural Change and Innovation in Developing Economies: A Way Out of the Middle Income Trap ?," LEM Papers Series 2015/09, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    14. Carol Newman & John Page, 2017. "Industrial clusters: The case for Special Economic Zones in Africa," WIDER Working Paper Series 015, World Institute for Development Economic Research (UNU-WIDER).
    15. Francesca Barbiero & Michael Blanga-Gubbay & Valeria Cipollone & Koen De Backer & Sébastien Miroudot & Alexandros Ragoussis & André Sapir & Reinhilde Veugelers & Erkki Vihriälä & Guntram B. Wolff & Ge, . "Manufacturing Europe’s future," Blueprints, Bruegel, number 795.
    16. Boehm, Johannes & Dhingra, Swati & Morrow, John, 2016. "Swimming upstream: input-output linkages and thedirection of product adoption," LSE Research Online Documents on Economics 66418, London School of Economics and Political Science, LSE Library.
    17. Jonathan I. Dingel, 2017. "The Determinants of Quality Specialization," Review of Economic Studies, Oxford University Press, vol. 84(4), pages 1551-1582.
    18. Page, John, 2014. "Industrial policy in practice: Africa.s Presidential Investors. Advisory Councils," WIDER Working Paper Series 117, World Institute for Development Economic Research (UNU-WIDER).
    19. Vivarelli, Marco, 2014. "Structural Change and Innovation as Exit Strategies from the Middle Income Trap," IZA Discussion Papers 8148, Institute for the Study of Labor (IZA).
    20. Mu-Jeung Yang & Lorenz Kueng & Bryan Hong, 2015. "Business Strategy and the Management of Firms," NBER Working Papers 20846, National Bureau of Economic Research, Inc.
    21. Pranab Bardhan, 2016. "State and Development: The Need for a Reappraisal of the Current Literature," Journal of Economic Literature, American Economic Association, vol. 54(3), pages 862-892, September.
    22. Valerie Smeets & Sharon Traiberman & Frederic Warzynski, 2013. "Offshoring and Patterns of Quality Growth: Evidence from Danish Apparel," Economics Working Papers 2013-25, Department of Economics and Business Economics, Aarhus University.
    23. Pranab Bardhan, 2015. "State and Economic Development: The Need for a Reappraisal of the Current Literature," Working Papers id:7060, eSocialSciences.

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