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Chapter Outline
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Opening Case
Indonesia—The Stumbling Giant

Introduction

Political Systems
      Collectivism and Individualism
      Democracy and Totalitarianism

Economic Systems
      Market Economy
      Command Economy
      Mixed Economy

Legal Systems
     Different Legal Systems
     Differences in Contract Law
     Property Rights

Country Focus
Years of Corruption in Nigeria
     The Protection of Intellectual Property
     Product Safety and Product Liability

Management Focus
Piracy in the Video Game Market

The Determinants of Economic Development
     Differences in Economic Development
     Broader Conceptions of Development: Amartya Sen
     Political Economy and Economic Progress
     Geography, Education, and Economic Development

States in Transition
     The Spread of Democracy
     The New World Order and Global Terrorism
     The Spread of Market-Based Systems
     The Nature of Economic Transformation

Country Focus
Building a Market Economy in India
     Implications of Changing Political Economy
     Implications for Managers

Chapter Summary

Critical Thinking and Discussion Questions

Research Task

Closing Case
The Poorest Continent

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