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Books > Business & Economics > Economics > International economics > General
Structure and Performance of Manufacturing in Kenya explores the factors affecting business and investment decisions by Kenya's formal and informal manufacturing firms. The analysis of panel data provides insights into the effects of the existing business environment and policy changes on enterprise performance in the context of structural adjustment. Firm structure, labor and financial markets, investment behavior, productivity, export performance, firm growth, and the impact of policy reforms and infrastructure problems are also investigated.
Critical Perspectives on International Political Economy considers and revises the progress of critical thinking within IPE and engages with issues such as finance, the practices of health and work, and the relevance of new social movements and the political economy of the Internet. In so doing it provides a possible map for the next stage of critical development in the study of International Political Economy.
This volume addresses profound issues in international economics, with contributions from leading researchers on the implications of trade. Empirical studies address preferential trading arrangements, global imbalances and exchange rates, facilitating an understanding of how the economy functions and enabling detailed policy evaluation.
This book studies unemployment and inflation in economic crises, first considering the scenario of a demand shock in Europe. In that case, monetary and fiscal interaction would cause widespread oscillations in European unemployment and European inflation. And what is more, there would be equally far-reaching fluctuations in the European money supply and European government purchases. These monetary and fiscal interactions would have no effects on the American economy. Second, it examines the scenario of a supply shock in Europe, in which monetary and fiscal interactions would have no effects on European unemployment or European inflation; there would also be an explosion of European government purchases and an implosion of the European money supply. Monetary and fiscal interactions would produce uniform oscillations in American unemployment and American inflation. Lastly, we would also see an implosion of both the American money supply and American government purchases.
Formerly one of Africa s most promising economies, Zimbabwe has begun a process of economic reconstruction after decades of political turmoil and economic mismanagement. The advent of a national unity government in February 2009 launched a new but still tentative era of political stability. The government has a daunting political and economic agenda. Top priorities include restoring the rule of law, demonstrating fiscal responsibility, and putting in place macroeconomic and structural reforms to win the confidence of domestic and international investors. An optimistic time frame for its socio-economic recovery is now estimated to be at least ten years. Zimbabwe: Picking Up the Pieces chronicles the steps that led to the downturn of the Zimbabwean state and economy before assessing what can be done to resuscitate a once-thriving society. Leading experts from and on the region explore the country s options on key governance issues, from strengthening institutions to addressing food security to promoting private sector development to mobilizing donor country assistance. This collection offers a unique glimpse into a fragile state and the severe costs Zimbabweans have and will have to endure if there is to be any hope of recovery.
The Political Economy of Globalization brings together original chapters by leading authorities to provide much-needed evidence and analysis in relation to a highly contentious phenomenon and concept. The book shows how investment patterns are being transformed, a global civil society is emerging, and governments are losing control of national currencies. However, it also makes it clear that globalization does not prohibit strong governments from maintaining a welfare state and good working conditions and how they can co-operate to manage the flow of goods, money, people, and problems across borders.
While offering many growth-enhancing opportunities, India's ever-increasing integration with the world economy has given rise to a host of new challenges in managing the economy. This book provides an up-to-date empirical assessment of some of India's crucial policy challenges pertaining to its monetary and external sector management.
This volume analyzes the import patterns of selected countries to determine which nations are active importers and which ones import much less than expected. The majority of the work focuses on the industrialized countries, which are at the center of the international trading system, determining which are very active importers and which are not. Controls for wealth, size, and membership in customs areas are included. Countries importing at levels below predicted ones are the countries likely to be most effective at protecting domestic industries from foreign competition. For example, the results permit an evaluation of the arguments that Japan has consistently imported less than would be expected due to the presence of barriers protecting the domestic market.
The fallout from the crisis in Asia has been immense. Asia's position as the global economy's growth engine is now no longer tenable. As the political and economic regimes that defined "Asian capitalism" struggle to survive, it is by no means clear that free markets, transparent and accountable systems of governance and more vigorous civil societies will follow. The contributors to this book argue that processes of globalization are driven by complex political forces and that it is not enough to look at economic factors in isolation. Chapters focus on the different political and market institutions being forged in the wake of the crisis: from the highly ordered responses of China and Singapore to the chaos and disintergration in Indonesia; from the money politics of Thailand to the developmentalist juggernauts of Korea. They put the crisis in its global context, reassessing its impact on the configurations of power and interest shaping global markets and analyzing the major Western economies.
Transnational commons, cross-border areas without well-defined property rights, have long been ignored in 'official' development economics. This volume redresses the balance by adopting an environmental approach which stresses the importance of shared natural resources and the links between acute poverty and environmental degradation. The Economics of Transnational Commons draws together eminent contributors from fields as diverse as law, population studies, social anthropology, biological sciences, and economics, to present authoritative accounts that combine empirical case-studies with rigorous theoretical foundations. Despite the milti-disciplinary approach, the main focus of the articles is the same: that the reciprocal externalities and problems of free-riding created by any common resource are complicated in the case of transnational commons by difficulties in monitoring, enforcement, and unequal access to information. Often using theories of negotiation taken from game theory, the studies then suggest possible solutions, both at an institutional and educational level. In order to make these materials suitable for teaching purposes, the authors have been encouraged to survey their topics rather than present their most recent findings. A companion publication, The Environment and Emerging Development Issues Volumes 1-11 (edited by Dasgupta and Mahler), deals with national environmental issues.
What can Keynesian economics mean in the 21st century? Do globalization, inflationary pressures and supply-side constraints make managing demand in a domestic economy impossible? Or could its use to tackle unemployment be put back on the political agenda? These essays examine the potential relevance of Keynesian policies for Europe, America, the developing world and the global economy. There is no common definition, but Keynesianism is throughout seen as more than demand management, with policy proposals to promote investment, strengthen the supply-side and reduce uncertainty.
The World Bank is the key institution through which rich nations channel resources to poorer ones. Yet it was established over 50 years ago in a radically different international environment, and constantly re-invented itself in the intervening decades. What drives this evolution? This text considers the nature of change at the World Bank, exploring both the external impetous for change, and the impact of the Bank's internal organization and culture. The author's findings are supported by case studies of three of the Bank's most important new agendas: private sector development, participation, and governance. Michelle Miller-Adams finds that traditional international-relations based approaches, which focus on states and power, are inadequate for explaining institutional change at the World Bank. Attention must be paid to the Bank's internal processes, especially the technical and apolitical norms that form an intrinsic part of its identity. This identity, which dates from the Bank's earliest days, continues to shape its response to new demands and affect its ability to meet the needs of a changing world.
Peter Burnham presents a detailed, archive-based account of the keys aspects of international monetary relations in the 1950s focusing in particular on Anglo-American policy surrounding the restoration of sterling convertibility. He argues that in 1952 the British government had a unique opportunity to take an almost revolutionary step in the external field to transform the international political economy (through the abolition of the fixed rate system, the International Monetary Fund, and the European Payments Union) and restructure Britain's domestic economy to tackle longstanding productivity, export and labour market problems.
It is said that a little knowledge is a dangerous thing. It is a
time honored cautionary statement that has suddenly acquired a new
urgency. A little knowledge is dangerous, because as a force for
dramatic change, knowledge today is revolutionary. More is known
and being learned everyday than was ever known or learned before.
As a direct result, the pace of change-and that means change in the
sense of everything from business to economics, science, medicine,
and politics-is beginning to accelerate much more rapidly than ever
before in mankind's history.
This is a study of the long-run evolution of the relationship between China and the world economy. The book presents an original interpretation of the country's socio-economic processes in the past 150 years, focusing on China's interaction with the expanding capitalist world economy. The author argues that the general thrust of China's quest for development or modernization has been to catch up with the wealthy nations of the West, and goes on to explain the changing paths and outcomes.
Globalization has, within academic, political, and business circles alike, become the buzz-word of the 1990s, conjuring an ever growing diversity of associations, connotations, and attendant mythologies. In this volume a distinguished array of international academics assess the contribution of the globalization thesis to our understanding of social, political, and economic change in contemporary societies. They explore many of the exaggerated and overgeneralized claims made about globalization.
This innovative book provides a greater understanding of the relationships between transnational corporations and the economic development of host economies. In the age of globalisation, awareness of the mechanisms through which foreign firms impact on host countries is crucial. The emphasis lies on backward linkages and knowledge transfer to local firms. The book offers a theoretical framework for the activities of TNCs and a review of their impacts on South East Asian economies. The author conveys in-depth information, using extensive data collected from transnational corporations in the Malaysian electrical and electronics sector. A unique approach is adopted by presenting factors explaining the existence as well as the degree of knowledge transfer through backward linkages. To date, no other study has provided a full range of data - qualitative and quantitative - on the existence, as well as the degree, of backward linkages' transfer. Academics, practitioners and students of international business studies, international development and Asian studies will find Transnational Corporations, Technology and Economic Development of great interest, as will business school libraries in European, North American and Asian universities.
This book is about law, but it is not a law book. It is aimed at all interested contemporaries, lawyers and non-lawyers alike. Richly seasoned with personal memories and anecdotes, it offers unique insights into how European courts actually work. It is generally assumed that independence is part and parcel of the role and function of a judge. Nevertheless, European judges sometimes face difficulties in this regard. Owing to their being nominated by a government, their limited term of appointment, and the possibility of being reappointed or not, their judicial independence can be jeopardized. Certain governments have a track record of choosing candidates who they believe they can keep on a leash. When this happens, private parties are at risk of losing out. The EFTA Court is under even more pressure, since the EEA/EFTA states Iceland, Liechtenstein and Norway essentially constitute a pond with one big fish (Norway) and two minnows. For quite some time now, certain Norwegian protagonists have sought to effectively transform the EEA into a bilateral agreement with the EU. This attitude has led to political implications that have affected the author himself. The independence of the EFTA Court is also endangered by the fact that it operates alongside a large sister court, the Court of Justice of the European Union. And yet the EFTA Court has established its own line of jurisprudence and its own judicial style. It has remained faithful to specific EFTA values, such as the belief in free trade and open markets, efficiency, and a modern view of mankind. During the first 24 years of its existence, it has even had an over-proportionate influence on ECJ case law. Since EEA Single Market law is economic law, the importance of economics, an often-overlooked aspect, is also addressed. In closing, the book explores Switzerland's complicated relationship with, and Britain's impending departure from, the EU. In this regard, it argues that the EFTA pillar should be expanded into a second European structure under British leadership and with Swiss participation.
This up-to-date study of the contribution of women and men to changing European economic activity patterns, covers 15 members states. Based on the work of the European Commission's network of experts on women's employment, it draws on both national and European data sources. The book links trends in the structures of employment with new comparative data on the role of systems of welfare provision in order to explore economic activity patterns by gender. Participation patterns of women still vary widely within Europe, so much attention is paid to the institutions - both in the labour market and welfare - which help to explain these variations. The apparently contradictory tendency for women's employment and unemployment to rise is analyzed, taking into account changes in industrial/occupational structure and trends at the European, national and regional level. Many countries continue to pursue inconsistent and discriminatory labour market policies; many still base welfare policies on the nation of a single male breadwinner family. This text considers how such policies affect women as workers.
The book describes the practical process of economic growth both in developed and less developed countries, and presents a unified theory of growth from the earliest stages to the most advanced. Central to the theory is the structural transformation which is associated with the growth process. This structural transformation is used to explain the logistic pattern that economic growth has followed in the real world. Within this logistic pattern, growth performance is explained both in terms of supply factors and demand factors, and the interaction between them. The influence of inflation and income distribution on economic growth is also discussed. |
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