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Building a New Economy uses an evolutionary conceptual framework of states-and-markets, organizations-and-technology, and institutional change. It shows how the institutional coherence of the manufacturing-centred postwar model broke down, and was followed by the ideological and institutional dissonance of the 'lost decades'.
Balancing and blending ideas of globalization with an understanding of historical and institutional contexts of development is an important challenge for many across the social sciences. This book aims to bridge some of these debates through the concept of 'compressed development', addressing areas of time, space, and strategy compression.
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