Coordination Styles and Economic Growth

Traditionally the problem of macroeconomic coordination has been discussed as being best done by either free-market competition or controlled planning. Such a formulation ignores several alternatives that societies can employ to encourage growth. Usually the argument for or against free-market competition has been fought on ideological grounds rather than by ascertaining whether it is most appropriate in some sectors of the economy rather than in others. To do this requires some way of conceptualizing economic sectors that breaks away from traditional thinking. This article suggests a four-sector model and then argues that there are four styles of coordination, each of which is most appropriate in a particular sector. It is argued that there is no single way to maximize growth in an economy and that different coordination mechanisms should be employed in different market contexts

Argument (complex analysis · Competition (biology · Coordination game · Economic system · Economics · Free market · Ideology · Industrial organization · Market economy · Microeconomics · Political science · Economic theories and models · Economic Theory and Institutions

• Business‐government relations in Canada

  Open Access•V V Murray, Víctor Murray et al.•Canadian Public Administration•1983

  Incluir item

• On the Ambiguities of A Sociological Analysis of the Culture of Narcissism

  Open Access•Joseph J Valadez, Joseph Valadez et al.•Sociological Quarterly•1987

  Incluir item

• Industrial organization

  Joan Woodward•Industrial organization•1980

  Incluir item

• The Visible Hand

  Alfred D Chandler, Alfred D Chandler Jr•Visible Hand•1993

  Incluir item

• The Structuring of Organizations

  Henry Mintzberg•Readings in Strategic Management•1989

  Incluir item

• Communication and Organizational Control

  J Kenneth Benson, Jarlath Benson et al.•Contemporary Sociology A Journal…•1976

  Incluir item

• Human Societies

  Edward F Vacha, G Lenski et al.•Teaching Sociology•1988

  Incluir item

• Determinants of Coordination Modes within Organizations

  Andrew H Van De Ven, Andre L Delbecq et al.•American Sociological Review•1976

  Incluir item