The Global Economy and Its Economic Systems

Part I. 1. Economic Systems in Historical Perspective. 2. Definitions and the Classification of Economic Systems. 3. Economic Systems and Economic Outcomes. 4. How Economic Systems Change. 5. The Setting of Economic Systems. Part II. 6. The Theory of Capitalism. 7. The Theory of Planned Socialism. 8. The Theory of Market Socialism. Part III. 9. Introducing Three Models of Capitalism. 10. The Anglo-Saxon Model - England and the Industrial Revolution. 11. The Anglo-Saxon Model - the United States Economy. 12. The European Model. 13. The Society Command Economy. 14. China: Market Socialism. Part IV. 15. System Change in a Global Perspective: Transition. 16. Transition Economies: Output Patterns and Measurement Issues. 17. Introducing Markets: Privatization and the Decline of Government. 18. The Macroeconomy: Fiscal and Monetary Issues. 19. Transition and the Global Economy: International Trade and Finance. 20. Transition and the Safety Net. Part V. 21. The World Economies: Economic Growth and Performance in Differing Economic Systems. 22. Prospects for the World Economy Through 2050.