The Financing of Foreign Direct Investment examines the communication gap between business leaders and international economists when it comes to financing the overseas operations of domestic firms. Gilman argues that economists and business people have been speaking 'two different languages' when it comes to these issues, and he explores the different positions adopted by economists and business people to provide a plausible explanation of the determinants of capital flows financing foreign direct investment that incorporates the main elements of both approaches.

'Submerging Markets' examines the analytical history of capital flows among the developed nations and the emerging markets from the 1990s to the current day. In terms of emerging markets, the arguments focus primarily on Brazil, Russia, India, China and South Africa. Within that spectrum, it uses any number of analytical tools to measure capital flows and capital formation within the context of globalized markets.

This book analyzes the current Islamic marketing environment. Since the Muslim world is extremely diverse in terms of economic development, customs and traditions and political and legal systems, it is vital for companies and marketers to analyze the environment before attempting to address these markets. The author emphasizes that it is ineffectual to elaborate the distribution and promotion strategies if the market does not exist in terms of purchasing power or demographics, if potential consumers do not believe that products and services answer their needs and demands or if there are political and legal barriers to companies wanting to enter these markets. The book offers detailed insights into the economic, socio-cultural, and politico-legal environment in the Muslim world, which are essential for marketers to understand and form the foundations of effective marketing strategies.

The world is changing rapidly. The global economic crisis has called into question the political decisions that have been made by all countries for decades and has led to a re-formulation of tools and aims. Adjustments to the new situation are necessary and entail considerable economic and social costs. The Balkan and Black Sea area is an important reference point for the European and global economy. Accordingly, the study of the economic development in the area is of great interest, engaging politicians and scientists alike. Under this framework, the matter of the relation between the area's countries and the E.U., the role of the banking system and the importance of the primary sector of the economy as an important developmental factor for the countries' economies are of great importance. "

Supranationalism in the New World Order argues that in the post-Cold War distribution of global power and configuration of global players, the European Union is just one among a growing number of regional regimes that are acquiring prominent roles in the process of global governance, to some extent through the operation of differentiated zones of geo-political management. The EU is currently the most advanced and influential example of a regional regime by virtue of having the novel European Community at its core - the EC being uniquely constructed around supranational institutions, decision-making and laws. But the EC's uniqueness is unlikely to last. The evident competitive advantages of supranational regional regimes, in conjunction with the realism generally adopted by the various global players, is conducive to the consolidation and proliferation of SRRs in a manner consistent with the neo-functionalist perspective on the progress of the EU. Other prospective SRRs include the Association of South-East Asian Nations, the East Asian Economic Caucus, the South Asian Society for Regional Cooperation, the North American Free Trade Area, and the Andean Community. It is argued that the emerging character of the global system will increasingly depend on SRRs, the relationships among such organisations, and accordingly the doctrine of supranationalism. The book offers a distinctive way of representing and interpreting the global system, global processes and global developments with the help of a set of freshly articulated concepts. The result is a novel, but highly contentious, treatise.

The post-Cold War period has seen the emergence of the Black Sea as a region of key strategic importance. As a conduit point for energy pipelines, the sea and its surrounding states are inextricably linked with the exploitation of energy resources in the Caspian Sea and beyond. The heightened risk of ethnic conflict, territorial disputes and instability has been matched by opportunities for regional co-operation on pressing economic and ecological matters. In 1992 the Black Sea Economic Co-operation Project (BSCP) was instigated by Turkey to further interregional agreements on issues such as environmental pollution, and the exploitation and transportation of oil and energy resources in the region. The BSCP consists of the member states of Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Turkey, and Ukraine. Simultaneously with this development, international companies have begun to move into the area, seeking access to the Caucasus, the Caspian Sea and the Central Asian republics. What are the prospects for the Black Sea? This text assesses the dynamics of interregional relations, and attempts to weigh up the risks and opportunities of the post-Cold War era.

The United States has long dominated economic as well as political affairs in the Caribbean. Recently, however, the relations between the US and the Caribbean nations have been changing. In the early 1980s, the United States unilaterally announced the Caribbean Basin Initiative, which was a set of tariff concessions to the region designed to improve the overall economic situation. More recently, the Association of Caribbean States was created to bring together the islands and countries on the Caribbean rim in an attempt to reposition the region in light of the development of powerful trading blocs in the western hemisphere and Europe. This volume brings together essays that explore the historical, political, and economic dimensions of US-Caribbean relations. As such, it will be of considerable use to scholars and researchers of the Caribbean, economic development, and international relations.

This volume brings together essays that explore the historical, political, and economic dimensions of US-Caribbean relations. As such, it will be of considerable use to scholars and researchers of the Caribbean, economic development, and international relations.

An unprecedented description of the critical energy situation throughout Asia, this book examines the energy resources, naval forces, and national strategies of the nations of that vast landmass, set against the priorities and resources of the United States. Energy security in Asia is crucial to the continued economic growth and hence the national security of the region's nations. Providing such security requires a combination of naval, political, and economic policies. Despite dramatic news coverage to the contrary, Cole's research reveals that the nations of the region-of which the United States must be counted-are in fact acting more together than apart in striving to ensure the security of scarce energy resources they all require. No issue in today's international environment is more important than energy security. Even the North Korean nuclear development program must be taken as a subset of this subject. As the United States, the United Kingdom, and other nations have done in past decades, the People's Republic of China is striving to establish proprietorship of energy resources throughout their lifecycle, from recovery from the ground to sale in the market place. This important book demonstrates the vacuity of that paradigm, illustrating the multilateral nature of energy security.

Competition between companies tends to be beneficial for the general public, but is this also true for competition between States in a world with global financial markets, low transport costs, and increasing migration? In this book, Sinn provides a solid economic analysis of the competitive forces at work and addresses how we should organize competition between systems so they will enhance the efficiency of these systems, as opposed to acting destructively on them.Provides a thorough economic analysis of the competitive forces at work between nations and governments.Analyzes a wide range of state activities, including taxation, public goods provision, income redistribution, environmental policy, safety standards, and competition policy.Addresses ways to organize competition so it will enhance the efficiency of these systems.

This volume addresses different issues related to green innovation procurement as well as exploring the challenges involved in public procurement. It offers a broad array of perspectives, addressing both general, abstract problems of optimal public procurement and concrete cases of national or even local public procurement systems.

Corporate governance, namely the relationship between the ownership and control of firms, takes on new dimensions in the case of international joint ventures operating in the special context of China. The present study contributes a new examination of this relationship, firstly through its conceptual refinement, and secondly through original empirical research. It develops the concept of ownership as suited to joint ventures, in which account is taken of non-capital resourcing by foreign and Chinese partners.

This book contributes to the theoretical and empirical literature on Asian regionalism, with a focus on the innovations needed to reform the current institutional architecture in Asia. After reviewing the key issues and challenges related to the political economy of Asia s economic cooperation and integration, the book discusses various aspects of regionalism from political and economic perspectives. It looks at the rationale for regional collective action and reviews the trend of economic integration with a focus on the implications of the global financial crisis. In addition to reviewing the key issues related to the development of regional institutions for integration, the book analyzes issues such as trade and finance and deals with the implications of regionalism in terms of the introduction of domestic reforms in Asian countries before discussing the possible formation of a region-wide economic community. The eight chapters of the book are based on respective papers initially prepared for the Asian Development Bank Institute Conference 2010."

The banking industry extensively lobbied against Basel III and governments have been keen to delay its full implementation. Chorafas' latest book takes a well-rounded approach on Basel III's strengths and weaknesses and explains how, without deep restructuring of the global banking industry, (like Basel II) Basel III will fail.

In this edited collection, Joseph Stiglitz and Martin Guzman present a series of studies on contemporary macroeconomic issues. The book discusses a set of key lessons for macroeconomic theory following the recent global financial crisis and explores unconventional monetary policy in a post-crisis world. This volume is divided into five parts. The introduction includes keynote speeches by the Governors of the Bank of Japan and Central Bank of Jordan. Part one focuses on macroeconomic theory for understanding macroeconomic fluctuations and crises. Part two addresses the issue of the measurement of wealth. Part three discusses macroeconomic policies in times of crises. Finally, part four focuses on central banking and monetary policy.

In the contemporary business world, international is the default setting. Most organizations operate globally on some level which adds value but brings complexity and challenges. This textbook provides an introduction to understanding how businesses create value in global settings. In this updated edition, the authors cover the traditional key themes including multinationals, internationalization and international market entry, as well as contemporary issues. New topics analyzed in this edition include risk, business models and hyperglobalization. With dedicated chapters on the role on non-market actors in international business, the book provides a multi-disciplinary world-view for readers. A comprehensive and engaging text, supplemented by online resources, this book is the ideal accompaniment to international and global business learning.

This new book brings together contributions from recognized experts in trade policy, discussing and evaluating economic integration in the Western Hemisphere, the alternative trade strategies being pursued in this area and Latin American relationships with United States and Canada.

These essays provide progress reports concerning the different regional and sub-regional groupings that have developed within the hemisphere and discuss the inter-relationships of Western Hemispheric trading arrangement with the multilateral trading systems. The difficulties encountered in hemispheric trade negotiations and the implications for the countries involved are also considered.

This book will be of great interest to students and researchers engaged with international trade and economic policy, as well as policy specialists in business organizations and government.

By combining insights from Europeanization, globalization, varieties of capitalism, and policy transfer literature, this book reconceptualizes the dynamics taking place during the EU enlargement process and makes a major contribution to the understanding of the relationships between institutional transformation and economic performance.

To bring this volume together, the editor asked leading scholars in the field of globalization to outline a "research framework" that reflects their own approach to the subject. The resulting book presents a broad spectrum of analytical approaches to globalization. Theoretical reviews are complemented by substantive chapters and methodological analyses. Contributors include scholars in the fields of sociology, anthropology, history and political science. These writings have been organized into four sections: theoretical perspectives and cultural globalization, economic globalization, political globalization, and methodological approaches.

This book aims to explore the social and cultural issues within the economic changes that have given rise to service work. Written by specialists in their respective fields, this book draws together authors from interdisciplinary areas that are carrying out significant research into gender and service work within an international context.

Many risks face the global insurance industry today, including the aging populations of developed countries, competition from other financial institutions, and both disparate and quickly changing regulatory demands, to name a few. The book's contributors offer their unique perspectives on challenges confronting the insurance industry and how attendant risks can be most effectively managed.

With the globalization of economic activity bringing about the expansion of markets and deepening of economic interdependency beyond state-borders, a new political challenge arises: how to effectively integrate the interdependent economies into a harmonious unity through the creation of new super-state institutions? This book applies a spatial economics perspective to the understanding of the recent dynamism of the global economy, with particular focus on East Asia. In addition, it examines the prospects of regional integration in East Asia.

The role of foreign direct investment initiatives is pivotal to effective enterprise development. This is particularly vital to emerging economies that are building their presence in international business markets. Foreign Direct Investments (FDIs) and Opportunities for Developing Economies in the World Market is a critical scholarly publication that explores the importance of global stocks to new economic structures and explores the effects that these holdings have on the financial status of growing nations. Featuring a broad range of topics, such as economic transformation, investment in production facilities, and foreign direct investors, this publication is geared towards academicians, practitioners, and researchers seeking current and relevant research on the importance of global investment in new and growing financial municipalities.

This book provides a comparative analysis of the emerging corporate control structures in the transition economies. It details characteristics of corporate governance in the two largest transition economies: Russia and Poland. It explores what kind of ownership structures are emerging in these two countries and to what degree they are they path-dependent and conditional on the initial choice of privatization methods - fast ownership transfer through the mass privatization programme and loans-for-equity scheme in Russia, and a more 'organic' growth of the new private sector in Poland. It examines the directions of the subsequent, post-privatization, secondary ownership flows in both countries and the impact of the government on corporations, implied both by the residual shareholding of the state and by its regulatory and administrative actions.

Veteran journalist and communications scholar Philip Seib examines the future of Anglo-American relations in the context of post-Cold War developments such as the restructuring of NATO and the growing importance of the European Union. After establishing the historical context of ties between the United States and Great Britain, Seib analyzes current and prospective security and economic issues, cultural links between the two countries, and the dynamics of bilateral cooperation in matters such as building peace in Northern Ireland. Professor Seib also suggests an agenda for strengthening these ties as the new millennium begins. Relations between the United States and Great Britain remain good, but neglect-even during stable periods-could undermine this relationship. Seib makes the case that the United States and Great Britain still need each other and would benefit from constructive reappraisal and reaffirmation of their friendship. Although much has been written about the history of the special relationship, Seib provides uniquely comprehensive analysis of the issues that will determine the future of this alliance. The book will be of considerable use to scholars, students, policymakers, and all who believe that the future of US-British relations is too important to be taken for granted.