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Societal Cohesion and the Globalising Economy: What Does the Future Hold?
Societal Cohesion and the Globalising Economy What Does the Future Hold Author:OECD As economic globalization runs its seemingly relentless course, the demands on O ECD economies' flexibility are set to increase further in the years to come. Wha t kind of society will be able to cope with these pressures? How much and what k inds of adaptability will be required of individuals, institutions, and enterpri ses? What forces will h... more »old OECD societies together in an environment shaped by i ntense international competition and fast-moving technological change? This book looks into the prospects for societal cohesion in tomorrow's world. It assesses the long-run implications of continuing with the current set of policies, and e xamines ideas that may help societies strike a sustainable balance between econo mic flexibility and a cohesive social fabric. The contributors are Wolfgang Michalski, Riel Miller, and Barrie Stevens of the OECD; Robert Z. Lawrence of the John F. Kennedy School of Government at Harvard University; Dennis J. Snower of the University of London; Henri Lepage of Instit ut Euro 92; and Claus Offe of Humboldt University of Berlin. Sustainable Development: OECD Policy Approaches for the 21st Century, published by the OECD, is not out of print. The listing for China's Economic Performance in an International Perspective by Ren Ruoen (the author's name is misspelled on the Amazon site) is incorrect. It should read as follows: Although China has one of the world's most dynamic and fastest growing economies , performances remain difficult to measure in terms of international statistics. Experts say official figures give only an approximate idea of the Chinese econo my and make international comparisons difficult. How big is Chinese GDP? Is grow th as vigorous as it is said to be? Are estimates of inflation realistic? Withou t revealing the sometimes surprising and always instructive answers given, it ca n be said that China's national income and inflation may be substantially undere stimated, whereas its growth rates may be overestimated. Written by a leading Chinese expert on national accounts, this book clarifies av ailable data and puts the results obtained by China since it opened to the outsi de world into proper perspective. The information presented allows for a more ri gorous assessment of the Chinese economy, its production levels, and the competi tiveness of its markets.« less