CONTENTS
Preface = ⅴ
Foreword = ⅸ
International economic relations = ⅹ
The North-South dimension = xi
The scope, objectives and methods of this study = xi
1.The adjustment problem = 1
Stagflation and unemployment = 1
The underlying issues = 3
The role of competition = 5
Conclusions = 9
2.Performance review = 11
Introduction = 11
The Federal Republic of Germany = 14
Conclusions = 16
Japan = 18
Conclusions = 20
The United Kingdom = 21
Conclusions = 24
The Netherlands = 25
Conclusions = 28
The United States = 29
Conclusions = 31
Concluding remarks = 32
3. Companies and markets = 35
Control and objectives of large companies = 35
The constraint of the market = 38
The United Kingdom and the Federal Republic of Germany = 43
Ownership, financing and control = 43
Market concentration = 48
Other influences on managerial behaviour = 52
Japan = 54
Ownership, financing and control = 54
Market concentration = 62
Quality and organisation of management = 68
The United States = 69
Ownership, financing and control = 69
Market concentration = 73
Quality and organisation of management = 77
The Netherlands = 78
Ownership and control = 80
4.Employment and unemployment = 87
Introduction = 87
Employment systems = 89
The United Kingdom and the Federal Republic of Germany = 89
The United States = 98
Japan = 102
The Netherlands = 105
Unemployment = 110
5. The role of government = 125
Introduction = 125
The United Kingdom amd the Federal Republic of Germany= 132
Sectoral policies = 132
Innovation policies = 139
Japan = 143
Sectoral and innovation policies = 143
The United States = 147
Sectoral and innovation policies = 147
The Netherlands = 155
Sectoral and innovation policies = 155
6 Conclusions = 161
Control and objectives of companies = 162
Labour markets and employment systems = 166
The role of government = 167