In This Review

U.S. Competitiveness in the World Economy
U.S. Competitiveness in the World Economy
Edited by Bruce R. Scott and George C. Lodge
Harvard Business School Press, 1984, 512 pp

According to this challenging book, Asian economic strategies that create dynamic comparative advantage are one main source of the decline of the place of American manufacturing in world markets. Much of the rest of the trouble stems from American policies that enhance consumption and distribution at the expense of competitiveness. Studies of a few industries and of several elements of the American system back up the forcible arguments of the editors and their colleagues at the Harvard Business School.