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Competing in Capabilities: the globalization process

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John Sutton
Oxford University Press (25 October 2012)

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.

  • Professor John Sutton is Sir John Hicks Professor of Economics at LSE.

Also related

The Enterprise Map Project
Professor John Sutton is also the lead author of the Enterprise Map Project, which provides the first comprehensive account of industries and of leading industrial companies in each of several countries in sub-Saharan Africa. Volumes on Ethiopia, Ghana and Tanzania are now available.

To download the full Enterprise Map volumes, and a sample of Competing in Capabilities, click here|.

To watch a video about the Enterprise Map series, click here|.

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Competing in Capabilities