Lazonick explains the origins of the new era of employment insecurity and income inequality, and considers what governments, businesses, and individuals can do about it. He also asks whether the United States can refashion its high-tech business model to generate stable and equitable economic...

The authors argue that the pattern of social policy in developing countries is determined by two key factors: the domestic political influence of formal sector workers (who provide the most substantial roadblock to reform), and the absolute income level (gross domestic product per capita) of the...

State incentive granting for the purpose of firm retention or recruitment remains highly controversial and is often portrayed as antithetical to long-range economic development planning. This paper uses quasi-experimental methods to measure the impact of state-level economic development...

The contributors propose state-level initiatives that address key issues affecting the competitiveness of the U.S. economy.

This book provides a detailed insider's view under the Clinton and Bush administrations of the process by which eight social science experiments influenced federal laws and policies to alleviate joblessness in the United States.

These papers address globalization issues with a special emphasis on its impact on poverty. In general, the contributors recommend expanding the flows between countries to accelerate growth and reduce inequalities. These flows include international trade and capital, migration, remittances, and...

We analyze the pace and patterns of job reallocation in Ukraine using 1992-2000 panel data on nearly the surviving universe of manufacturing firms inherited from the Soviet Union. Employment growth displays substantial increase in heterogeneity during this transition period, with a corresponding...

How do economic reforms affect resource reallocation processes and their contributions to productivity growth? This paper studies the consequences of enterprise privatization and liberalization of product markets, labor markets, and imports in the former Soviet Republics of Russia and Ukraine....

How do economic policies and institutions affect job reallocation processes and their consequences for productivity growth? This paper studies the extreme case of economic system change and alternative transitional policies in the former Soviet Republics of Russia and Ukraine. Exploiting annual...