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Books > Business & Economics > Economics > International economics > General
The first 50 years of ASEAN integration has brought peace and prosperity to the Southeast Asian region, while the next 50 will undoubtedly be fraught with unprecedented challenges. Today ASEAN not only has to contend with its own internal challenges arising from the highly diverse political, economic and socio-cultural systems of its member countries, it also has to deal with external factors which include shifts in geostrategic balance, fraying global consensus on free trade, populism and xenophobia, climate change, digital revolutions and cybercrimes. Set against the above background, this edited collection considers some of the contemporary issues and challenges faced by ASEAN in its journey towards more cohesive and dynamic regional integration. Among the topics explored are ASEAN's evolving partnerships with its key strategic partners including China and the United States on economic policies and strategies, educational systems and frameworks, migration and environmental threats.
In recent years, the English School or international society approach to International Relations has risen to prominence because its theories and concepts seem able to help us explain some of the most complex and seemingly paradoxical features of contemporary world politics. In doing so, the approach has attracted a variety of criticisms from both ends of the political spectrum. Some argue that the claim that states form an international society is premature in an era of terror where power politics and the use of force have returned to the fore. Others insist that international society's state-centrism make it an inherently conservative approach unable to address many of the world's most pressing problems. International Society and its Critics provides the first in-depth study of the English School approach to International Relations from a variety of different theoretical and practical perspectives. Sixteen leading scholars from three continents critically evaluate the School's contribution to the study of international theory and history; consider its relationship with a variety of alternative perspectives including international political economy, feminism, environmentalism, and critical security studies; and assess how the approach can help us to make sense of the big issues of the day such as terrorism, the management of cultural difference, global governance, the ethics of coercion, and the role of international law. They find that whilst the concept of international society helps to shed light on many of the important tensions in world politics, much work still needs to be done. In particular, the approach needs to broaden its empirical scope to incorporate more of the issues and actors that shape global politics; draw upon other theoretical traditions to improve its explanations of change in world politics; and recognize the complex and multi-layered nature of the contemporary world.
The purpose of this study is to better understand the essential interdependencies between the world economy and the global ecosystem, including human populations. World production, product prices, wages, interest rates, exchange rates, employment, and spending are shown to be mutually determined over time with the growth rates of country-specific renewable resources, the generation of waste, human population growth, waste assimilation by the basic fungible resource, and the sanitation and other health and human services provided by the government sectors. Particular attention is paid to alternative central bank policies and their potential effects upon future mixes of resources in world production and upon the level and composition of that production. Materials balance holds with respect to all production and consumption. Cash flow constraints hold with respect to all economic transactions; in particular, the decisions to save and invest are directly linked to financial market decisions.
In the competitive environment of corporate business, companies are constantly looking for a competitive edge. With the development of information and communication technologies, professionals are altering their process of conducting business. A vital tool that is contributing to this competitive shift is the management control system, which provides updated information on markets, contributing to smarter decisions. Management Control Systems and Tools for Internationalization Success is an essential reference source that discusses the fundamentals, benefits, and risks of implementing internationalization strategies within a business, along with other organizational performance instruments. Featuring research on topics such as financial performance, international markets, and evaluation systems, this book is ideally designed for entrepreneurs, managers, executives, IT consultants, business professionals, marketers, researchers, students, and academicians seeking coverage on internationalization strategies within management control systems.
This book tells the story of Holocaust survivor and prominent banker Marcel Goldman, born in Krakow in 1926. Goldman started his studies in economics in Krakow and completed them in Israel, where he became a respected banker. In telling his story, this book analyzes Israel's social and economic development, its causes and circumstances. Following Goldman as our main character, we take a close look at the birth of the private banking sector and the building of modern economy in Israel. The book also describes the life of Polish Jews in Israel in general, the way in which they settled there, and built the prosperity of the state. The story of Marcel Goldman is an example of how Israel's success is the sum of its citizens' successes.
The Asian financial crisis of 1997-98 shook the foundations of the global economy and what began as a localised currency crisis soon engulfed the entire Asian region. What went wrong and how did the Asian economies long considered 'miracles' respond? How did the United States, Japan and other G-7 countries respond to the crisis? What role did the IMF play?. Why did China, which suffers many of the same structural problems responsible for the crisis remain conspicuously insulated from the turmoil raging in its midst?. What explains the remarkable recovery now underway in Asia? In what fundamental ways did the Asian crisis serve as a catalyst to the current thinking about the "new international financial architecture"?. This book provides answers to all the above questions and more, and gives a comprehensive account of how the international economic order operates, examines its strengths and weaknesses, and what needs to be done to fix it. -- .
The author provides a clear portrait of the dramatic transformation of the global financial system in the late 20th century. Drawing on work by a prestigious and interdisciplinary set of specialists, this volume looks at the political economy of individual sectors of the financial services industry, at regional market patterns such as the EU and NAFTA, and at individual countries from the Asian NICs to Europe and the United States. The book captures the complexity and dynamics of a sector with vital implications for the future of global economic development.
Unemployment remains stubbornly high in the richest nations of the world, and large transnational corporations continually downsize. A few get richer, but many are wondering where they will find customers for their goods amid the growing impoverishment of many developing countries. This book touches on the problem by examining the issue of corporate social responsibility, arguing that it is both good for business and essential for future prosperity and stability. It presents the case for a worldwide agreement, or "planetary bargain," between the private and public sectors and looks at the implications of such an idea. The book includes case studies of international companies who have adopted socially responsible programs and analyzes research in this area over the past two decades.
This is a study of the evolution of the relationship between China and the world economy. Focusing on China's responses to the expansion of the capitalist world economy, the book presents an interpretation of the country's socioeconomic processes since 1850. The author argues that the general thrust of China's quest for development or "modernization" has been to catch up with the western wealthy nations, and explains the changing paths and outcomes.
The former Soviet Union possessed some of the world's largest reserves of energy and mineral resources. With the dissolution of the country in 1991, the former Soviet republics are now exercising complete control over their mining industries. The Commonwealth of Independent States (CIS) consists of several new nations, well-endowed in hydrocarbons, metals, and industrial materials, and efforts are now underway to boost development activities and attract foreign investment. Commonwealth members today are implementing policies to regulate energy and mineral development and enhance economic growth. This text provides a comprehensive overview of the energy and minerals industries of the CIS and other former Soviet republics outside the Commonwealth. Prospects for international co-operation and trade in hydrocarbons, metals, and nonmetals are examined, as are opportunities for joint ventures and technology transfers in mining. Economic relations between the CIS and several Asian nations are also analyzed. Contributors to the book from throughout the Commonwealth, Asia, Europe, and North America have a wide variety of backgrounds in the energy and mineral fields, including government, academia, and industry.
International capital mobility is a fundamental aspect of the political economy of globalization, and this study develops a new framework for understanding this crucial phenomenon. Matthew Watson draws a distinction between the spatial and the functional mobility of capital, allowing fresh insights into existing work on the subject whilst repoliticizing the very idea of capital being 'in motion'. The dynamics of capital mobility and the patterns of risk exposure are illustrated through four cases: the Asian financial crisis; the Tobin tax; the Enron affair; and the proposed consolidation of the European stock market.
In the wake of the global financial crisis, there is a new impetus
for industrial policy. In Europe and the United States, where the
crisis emphasized that markets are by themselves imperfect,
industrial policy has re-entered the dialogue about restoring
growth. And in emerging economies especially, policymakers have
taken a keen interest in the various ways smart industrial policy
can help sustain growth and open up new possibilities for
employment creation. In this volume, world-renowned economists and
policymakers write about industrial policy's rejuvenation,
particularly in a development context. Through discussions of
theory and case studies, the volume provides the broad context for
its companion, New Thinking on Industrial Policy: Implications for
Africa.
Global Production and Trade in East Asia focuses on the profound change that the traditional paradigm of production and international trade has undergone in the last two decades or so as a result of worldwide trade and investment liberalization. This ongoing transformation has been both aided and stimulated by advances in telecommunications, transportation, and information management. The liberalization of trade and investment on the one hand and advances in communications technology on the other have further promoted global production networks in which vertical stages of final goods are fragmented across countries. International fragmentation of production, which enables international division of labor not only in final products but also in vertically related components, is more evident than ever before. The book documents the process of international production fragmentation and trade in East Asian economies, studies the mechanics of the process, explores the theory behind the phenomenon, and identifies important policy implications. It focuses on production fragmentation and trade in East Asia because this is the part of the world where the phenomenon is most visible. With contribution by well-known international economics scholars from North America, Europe, and the Asia-Pacific, the book distinguishes itself with high global quality and rich regional content. It achieves a fine balance between theory, policy, and empirical work. This book will interest scholars of international trade, foreign investment and international business, regional specialists in East Asian economies, policymakers and advisors in international economic relations, and anyone else who follows important economic issues of globalization.
Addressing the problem of the foreign debt of less developed countries, this book examines its impact on their development possibilities. It also analyzes the lessons that both economic theory and policy should draw from the debt crisis. The contributions are divided into four parts dealing with: traditional facts and new horizons in the theory of economic development, the theory and practice of the debt problem, the policies of structural adjustment recommended by international organizations, and the relationship between economic growth, democracy and a new international order.;Long-term sustainable development is the only way to avoid further economic crises in the Third World, but it can only be achieved by means of a comprehensive approach directly aiming at long-term growth and involving a re-thinking of trade relationships between low and high-income countries. The author's articles have appeared in "The Economic Journal, "History of Political Economy", "Australian Economic Papers", "Contributions to Political Economy", "History of European Ideas", "Economie Appliquee" and "Note Economiche".
This new edition of An Economic History of Early Modern India extends the timespan of the analysis to incorporate further research. This allows for a more detailed discussion of the rise of the British Empire in South Asia and gives a fuller context for the historiography. In the years between the death of the emperor Aurangzeb (1707) and the Great Rebellion (1857), the Mughal Empire and the states that rose from its ashes declined in wealth and power, and a British Empire emerged in South Asia. This book asks three key questions about the transition. Why did it happen? What did it mean? How did it shape economic change? The book shows that during these years, a merchant-friendly regime among warlord-ruled states emerged and state structure transformed to allow taxes and military capacity to be held by one central power, the British East India Company. The author demonstrates that the fall of warlord-ruled states and the empowerment of the merchant, in consequence, shaped the course of Indian and world economic history. Reconstructing South Asia's transition, starting with the Mughal Empire's collapse and ending with the great rebellion of 1857, this book is the first systematic account of the economic history of early modern India. It is an essential reference for students and scholars of Economics and South Asian History.
This book analyses and explains the nature of the economies of small countries and territories. It includes an assessment of material prosperity in 41 small open economies worldwide, with case studies focusing on the Caribbean and Central America, with a review of the development of their economies in recent decades. The volume recommends a suite of economic policy tools for the management of these economies, demonstrating how these may best be employed in economies that live and breathe through international commerce. Among observations of interest is the fact that the devaluation of the local currency of a small nation makes the country worse off; even a currency that maintains its value is little more than a trophy, of little value if it is not readily convertible into US dollars. Also, that while government policies affect international competitiveness and a small country's growth prospects, more important is how governments use additional resources to improve the quality of health and educational services. Moreover, economic windfalls such as the discovery of mineral resources seldom bring prosperity commensurate with their economic value, and never in the short run. The volume will offer invaluable information and analysis to researchers and policy makers investigating small open economies.
Rich and informative case studies throughout bring this book to life for professionals and students alike. Written by one of the leading competitive experts in the world. Tackles a complex issues in a lively and engaging way.
From West Indian sugar and bottles of Southeast Asian arrack to French red wines, English felt cloth, and Mediterranean lemons, many global wares ended up in the Scandinavian borderlands during the late eighteenth century. This book explores how and why these goods came to be there and analyses what smuggling can reveal about the emergence of global trade, the formation of the nation state, and the development of consumer society in Europe's northernmost outskirts. This book shows that the global underground was ubiquitous in the Nordic countries and fundamentally altered them, politically, economically, socially, and culturally. Through re-evaluating the role of smuggling the book complements and challenges established historical accounts about state building, market dynamics, consumer culture, and ideas and identity. It also offers a roadmap for how to think about illegal global trade and how to approach this notoriously difficult research field. By integrating illegality, the book aims to show how an illicit web entangled often overlooked 'peripheral' territories with traditional 'portals of globalisation' and proposes a novel take on early modern globalisation and the paths to modernity in the European hinterlands. To achieve this a wide variety of sources are used including court records, administrative sources, diaries, ambassadorial correspondence, and maps in various languages including Swedish, Finnish, Norwegian, English, and French. This book makes a significant contribution to the literature on economic history, the first wave of globalisation, the study of shadow economies, and Scandinavian history more broadly.
Science, technology and innovation have long been key factors in the competitive advantage of nations. Today, however, the new international political economy is being increasingly driven by science and technology in new ways. Integration, globalization and internationalization have all become watchwords for a series of dynamic processes in which science and technology are deeply implicated. As a result, not only are the policies of "national" governments being exposed in terms of the limits of their sovereignty, but science and technology are being increasingly implicated in a wide array of public issues - ranging from security, privacy, development and economic growth to employment, environment, foreign policy and geopolitics. Clearly, in today's emerging world, the ways in which governments organize their science and technology policy, their science and technology intelligence, and their research advisory structures and resources matter more today than ever before. In turn, the contract between science and democracy is being rapidly redefined. This book is the first to comprehensively discuss these critical issues.
Economic prospects for the countries of the Middle East and North Africa are assessed in light of the changing world economy, increasing integration of trade and financial markets, greater needs for educated labour, and growing concerns about poverty and environmental degradation. Cross-country papers on thematic topics by international scholars are presented. The need for major economic reforms is emphasized if the region is to use greater integration in the world economy as the basis for generating growth and jobs and reducing poverty.
*The Sunday Times Bestseller* Economics is broken, and the planet is paying the price. Unforeseen financial crises. Extreme wealth inequality. Relentless pressure on the environment. Can we go on like this? Is there an alternative? In Doughnut Economics, Oxford academic Kate Raworth lays out the seven deadly mistakes of economics and offers a radical re-envisioning of the system that has brought us to the point of ruin. Moving beyond the myths of `rational economic man' and unlimited growth, Doughnut Economics zeroes in on the sweet spot: a system that meets all our needs without exhausting the planet. The demands of the 21st century require a new shape of economics. This might just be it. *A Financial Times and Forbes Book of the Year* *Winner of the Transmission Prize 2018* *Longlisted for the FT/McKinsey Business Book of the Year Award 2017* `The John Maynard Keynes of the 21st century.' George Monbiot, Guardian `This is sharp, significant scholarship . . . Thrilling.' Times Higher Education `Raworth's magnum opus . . . A fascinating reminder to business leaders and economists alike to stand back at a distance to examine our modern economics.' Books of the Year, Forbes `There are some really important economic and political thinkers around at the moment - such as Kate Raworth's Doughnut Economics.' Andrew Marr, Guardian `An admirable attempt to broaden the horizons of economic thinking.' Martin Wolf, Books of the Year, Financial Times `A compelling and timely intervention.' Caroline Lucas MP, Books of the Year, The Ecologist
This book highlights current business practices in the emerging markets of China, Ghana, India, Kenya, Nigeria and UAE, and explains how global competition has created a culture of competitiveness and an era of consumerism. The region-specific issues, tested theories, and empirical evidence make the book of value to both researchers and managers.
Through a compliance with the neoliberal doctrines associated with the Washington Consensus, and the corresponding emphasis on the privitization of public assets, the promotion of well-defined property rights and a focus on price and trade liberalisation, developing countries have been promised that 'natural economic institutions' will form. However, despite the promotion of these doctrines, the 1980s and 1990s have come to be known as the 'lost decades of development': a period of long economic stagnation in most parts of the developing world, with little sign of the income level of the developing world converging with that of developed countries. In this book, Dic Lo re-examines the mainstream policy doctrines of globalization, and formulates explanations for the uneven development of recent years. Through a comparative analysis of the actual experiences of developing nations and their policy positions, this book clarifies the positive and negative lessons that can be learned by developing countries. Dic Lo also undertakes an examination of the theoretical underpinnings of the competing doctrines of institutions and development, with a view to creating a synthesis that transcends neoliberalism, instead emphasising solidarity and humanistic development.
Part one of Volume 4 (2013) of the European Yearbook of International Economic Law offers a special focus on recent developments in international competition policy and law. International competition law has only begun to emerge as a distinct subfield of international economic law in recent years, even though international agreements on competition co-operation date back to the 1970s. Competition law became a prominent subject of political and academic debates in the late 1990s when competition and trade were discussed as one of the Singaporeissues in the WTO. Today, international competition law is a complex and multi-layered system of rules and principles encompassing not only the external application of domestic competition law and traditional bilateral co-operation agreements, but also competition provisions in regional trade agreements and non-binding guidelines and standards. Furthermore, the relevance of competition law for developing countries and the relationship between competition law and public services are the subject of heated debates. The contributions to this volume reflect the growing diversity of the issues and elements of international competition law. Part two presents analytical reports on the developments of the regional integration processes in North America, Central Africa and Southeast Asia as well as on the treaty practice of the European Union. Part three covers the legal and political developments in major international organizations that deal with international economic law, namely the IMF, WCO, WTO, WIPO, ICSID and UNCTAD. Lastly, part four offers book reviews of recent works in the field of international economic law." |
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