Economic globalization is a complex phenomenon where the links between social security expenditures and globalization are not well understood so far. This study summarizes new key findings and highlights new theoretical insights in the field of social security systems, labor standards, taxation and economic globalization. Moreover, new thoughts on the links between social security systems and migration as well as between free trade areas and social market economy development are presented. The book analyzes the role of a changing age dependency using a Branson model and it derives implications for the stock market price index, the exchange rate and the interest rate. Economic globalization needs to be politically managed and through the Transatlantic Banking Crisis and the Euro Crisis the need to more carefully draw the rules of the game for financial globalization has been highlighted. Unstable financial markets have a large potential to undermine social market economies and social security systems. The rising income inequalities within countries raise more policy challenges for Europe than for the US.

The study deals with challenging questions of long-term future of global economy and the mankind. Focusing not only on what happens in the economic sphere but also on cultural, social, political, demographic, technological, and ecological processes. It employs a holistic approach to answer fundamental questions about the course of the future.

First published in 1997, this volume examines how Bulgaria has been an early starter, but a slow and often erratic mover in the path of stabilization and systemic transition. This book provides a most useful account of the development to date, and of the costs associated with Bulgarian strategy (or lack of), empirical analysis and theoretical reflections, especially in comparison with other transition economies. It will be of great interest to any scholar, official or businessman involved not only with Bulgaria, but more generally with post-communist countries.

This book focuses on the economic and political relationships between Russia and Europe, which are currently characterized by the existence and escalation of contradictions. On the one hand, the common history and geographical proximity of Russia and Europe have naturally produced a close interdependence; on the other, current global political affairs and opposing positions continue to hinder the development of common economic relationships in Russia and Europe. This contributed volume describes integration processes in Russia and Europe to illustrate best practice examples and demonstrates how both parties have increasingly come to understand the importance of international cooperation, highlighting economic, legal, philosophical, political and sociological aspects.

The Impact of Innovation on Globalization is the eighth volume of the series China in the World. Like other volumes in the series, this volume includes views of leading Chinese scholars on China's relations with other countries and regions in the world. In view of the theme of "globalization" in this volume, the contributors in this volume pay attention to how the Covid-19 pandemic impacts and challenges globalization, especially how it affects China, the United States, and their mutual relations. However, this is not to say that some issues surrounding globalization-the orientation and interrelationship of political and economic decision-making in China and the United States-have emerged only after the outbreak of the pandemic. The volume focuses on some long-term trends and innovations, from the past to the future. Chapter 2, "Globalization, Convergence, and China's Economic Development," describes the patterns of globalization. Chapter 3, "The Rejuvenation of the Chinese Nation is Unstoppable," talks about views on current economic and financial issues. Chapter 4, "Reconstructing Global Industrial Chains under the Pandemic, and China's Response," discusses China's pivotal position in global supply chains. Besides answering these basic questions, the book investigates other important issues, such as Global Value Chains, Changes in the International Order, Changes in the International Economic Landscape, WTO Reform, China's Foreign Economic and Trade Strategies, Towards a Climate Resilience Society, Identity Politics, and the AI "Revolution".

This thorough and compelling book offers a long-run perspective on the European economy from 1500 to the present day, and compares Europe's position of world dominance in the nineteenth century with its vacillating fortunes in the twentieth century. Europe is set specifically within an international context to illustrate how it influenced the rest of the world and how in turn the latter helped to shape the pattern of European development. The authors explain why Europe overtook the formerly advanced Eastern civilizations and how this resulted in the growing inequality among the nations of the world which is such a marked feature in the present day. They then trace the development of the European economy within the context of the international economy and analyse the reasons for its rise to world dominance in the nineteenth century and then its collapse and revival in the twentieth century. Europe in the International Economy 1500 to 2000 will be of interest to students and scholars of economic history and international economics.

This book is a collection of working papers, policy briefs and training modules, published by the International Poverty Centre in Brazil, which provides a comprehensives set of recommendations for alternative economic policies that can generate growth, employment and poverty reduction in developing countries.

Alibaba, Samsung, Toyota - Asia is home to some of the world's biggest, most innovative and most trusted brands. As the global economy undergoes massive disruption in the wake of Covid-19, what are the new brands emerging from the region? Which brands will be the next big thing? Take a deep dive into Asia's most promising brands, ranging from Korea's fast-expanding Go Pizza and Singapore's Kinobi edu-tech platform to Vietnam's automobile wunderkind, VinFast. Through wide-ranging interviews with the brands' founders and management teams, author Jörg Dietzel uncovers what makes each of them tick, and distills invaluable lessons for every business out there looking to take off in the post-Covid world.

This book addresses a number of vital economic convergence issues in the European Union. These are both general and specific issues relating to financial and monetary matters as well as social and labour market concerns. The book opens with a discussion of problems of a general nature. Questions posed include: What is the convergence record in the EU so far? Is there a sign of Baumol and Quah's 'convergence clubs' and 'twin peaks'? Have the 'structural funds' of the European Commission made any difference? The authors then analyse questions of a fiscal and monetary nature: Can we expect the monetary policy of the ECB to have similar effects in the EMU member-states, or is it in itself a source of asymmetric shocks? Has EU membership made any difference, with respect to the initial differences in tax revenue structures? Finally the book focuses on questions regarding social and labour markets: Is global economic convergence compatible with sustainable differences in national social protection levels? Does European globalisation force labour markets to 'de-institutionalise' and do European labour markets converge to a 'Third Way' model? Academics and researchers of European studies and economic policy will find this up-to-date book of great interest, as will policymakers and business leaders both affected by and from within the EU.

Michio Morishima builds a model of economic development where both politicians and entrepeneurs are active in making an Asian Community made up of China, Japan, two Koreas, and Taiwan. He examines how the Community would work and argues that it is the only hope for Asia's revival.

The Yearbook on Space Policy, edited by the European Space Policy Institute (ESPI), is the reference publication analysing space policy developments. Each year it presents issues and trends in space policy and the space sector as a whole. Its scope is global and its perspective is European. The Yearbook also links space policy with other policy areas. It highlights specific events and issues, and provides useful insights, data and information on space activities. The first part of the Yearbook sets out a comprehensive overview of the economic, political, technological and institutional trends that have affected space activities. The second part of the Yearbook offers a more analytical perspective on the yearly ESPI theme and consists of external contributions written by professionals with diverse backgrounds and areas of expertise. The third part of the Yearbook carries forward the character of the Yearbook as an archive of space activities. The Yearbook is designed for government decision-makers and agencies, industry professionals, as well as the service sectors, researchers and scientists and the interested public.

The third volume in Greenwood's Handbook of Comparative Economic Policies, this volume provides an overview and comparison of monetary policies in the United States and the world's leading industrial, or G-7, countries. Although monetary policy is one of the most powerful and frequently used means of combating inflation and unemployment and of promoting long-term economic growth, there are many unresolved questions pertaining to the theory and practice of monetary policy. Moreover, in a world becoming increasingly interdependent, monetary policies in each industrial country have significant repercussions in other countries. This handbook is the only in-depth, up-to-date book providing an exhaustive comparative overview of the theory and practice of monetary policy in developed economies. Following an introduction written by the editors, the volume is divided into three parts. Part I, encompassing 5 chapters, covers the major issues in the theory and practice of monetary policy, including monetary policy and the money supply process, monetary policy and economic activity, monetary policy and inflation, monetary policy and regulation, and monetary policy and bank regulation. Part II, comprised of two chapters, deals with monetary policy in the United States, and part III includes chapters examining monetary policy in each of the other G-7 countries. A final chapter discusses monetary policy coordination in the European Monetary System. The chapters are written by well-known experts in the field of monetary economics. Chapter references and a selected bibliography identify the most important sources of additional information. The work concludes with a selected bibliography and an index.

How can America and Europe regain strength and prosperity and prevent another Great War? After two centuries of ascent, the United States finds itself in economic decline. Some advise America to cure its woes alone. But the road to isolation leads inevitably to the end of U.S. leadership in the international system, warns Richard Rosecrance in this bold and novel book. Instead, Rosecrance calls for the United States to join forces with the European Union and create a transatlantic economic union. Such a U.S.-Europe community would unblock arteries of trade and investment, rejuvenate the West, and enable Western countries to deal with East Asian challenges from a position of unity and economic strength. Exploring the possibilities for such a merger, the author writes, "The European Union offers a means of creating larger units without recourse to force. A connection between Europe and North America could eventually grow into an agglomeration of states, drawing China and the East into a new network of countries. In this way East will eventually join the West." Through this great merger the author offers a positive vision of the future in which members of a tightly knit Western alliance regain economic health and attract Eastern nations to join a new and worldwide international order.

Professor Damanpour provides a unique insight into international finance and banking. Often books of this nature are either too theoretical or quantitative in nature. This book is a blend of both areas and thus becomes a useful tool . . . . I would recommend this book to anyone involved in international business irrespective of their specialized interest.

"Brian A. Reynolds, Ph.D. Director, Center for International Business National College of Education"

This groundbreaking study analyzes the rapid growth of foreign banking activity in the United States over the course of the past two decades and evaluates the potential impact of this development on United States banking institutions. The author brings together a substantial amount of information and data not previously available in one source to examine both the overall status of foreign banks in the United States and the structural components of international banks and lending institutions. Unlike those who see the influx of foreign banking in strictly negative terms, Damanpour demonstrates some positive aspects of the situation including the contribution of foreign banks to general improvement in the U.S. economy, increased competition in the banking industry, the provision of a flow of capital into U.S. balance of payments capital accounts, and the introduction of innovative techniques and pricing structures.

Damanpour begins by tracing the evolution of foreign banking and the financial goals of key players. He goes on to illustrate the institutional structure of international banking, detailing the types of foreign banking offices that have been established in this country. Subsequent chapters address the legal environment of foreign banking, international financial markets, U.S. international lending institutions, and such issues as the motivation behind international banking market structure and activities of foreign banks and major foreign banking concerns in the United States. The final chapters look at developments in international trade and banking and assess the impact of foreign banks and their future prospects. Written in a style accessible to both students and practitioners, this is an excellent text for courses in international finance, business, and political science programs as well as an important source of background information for members of the banking community concerned with developing appropriate responses to the increased foreign presence on the U.S. banking scene. Numerous tables enhance the text.

India is one of the fastest growing countries in the world. However, high economic growth is accompanied by social stratification and widening economic disparity between states. This book illustrates some important aspects of underdevelopment and the process by which the underclass is left behind by focusing on the country's most neglected regions.

As global business competition continues to accelerate, it is imperative that managers and executives examine all facets of an organization so that it remains successful. Often dynamics such as espionage, diplomacy, and geopolitical atmosphere have a great impact on daily operations of an organization; however, these areas are often overlooked. Corporate Espionage, Geopolitics, and Diplomacy Issues in International Business highlights strategic planning and operations tactics in the areas of human resource management and security. Featuring the impact of espionage, geopolitics, and diplomacy, this book is an insightful reference for business and government executives, scholars, graduate and undergraduate students, and practitioners.

This book offers a new understanding of how firms determine their location and what kinds of regional economic policies are needed to attract factories to a country and a region in a highly globalized economic setting. The theoretical and empirical analyses examine the influence of the transfer pricing system, corporate tax rates, and a country's industrial structure on a firm's decision to locate and the impact of firms' location on regional economic activities. The theoretical analysis elucidates the importance of the above-mentioned factors in the firm's selection of possible location. The empirical analysis uses as an example the case of a supply chain in East Asia. The empirical analysis is illustrated with the regional/spatial development experiences at the country level and city level of selected countries and cities. The analysis offers a perspective for understanding the spatial patterns of a cross-border production system.

This volume describes the construction method for a global accounting framework, referred to as the world accounting matrix (WAM). The WAM allows for the consistent presentation of international trade and finance figures in relation to domestic saving and investment. The book aims to show how a WAM can be used for the analysis of trade and finance in a global context. It also seeks to show how WAM can contribute to the solution of the large statistical problems in national and global macroeconomic data.

With the aim of providing a comprehensive analysis of institutions, and of the global economy more generally, this text explores systems of institutions and the effect of corruption, developments in behavioural economics, the impact of immigration, and the links between democratic progress and economic growth. Papers from the Fourteenth World Congress of the International Economic Association held in Marrakech from August 29 to September 2, 2005.

This volume explores the theoretical value of applying rational choice theory to questions of regional integration. As with other questions of conflict and cooperation in the field of international politics, studies of European integration are divided largely between the realist and liberalist perspectives. Yet neither of these schools of thought aptly explains the dynamics characterizing this process, that is, the major advances in regional integration and the long periods of paralysis. The contributions in this volume work their way from the most general questions and macro-processes down to particular policy problems of the European Union and the micro-foundations of interstate cooperation. The work will be of interest to scholars and policymakers in international relations, international economics, and European studies.

This study assesses democratization and marketization in the Visegrad states. The contributors analyze the effectiveness of these emerging government structures at a regional and local level in terms of competencies and resources, make comparisons with West European experiences at this level, and examine the role of external factors, especially the EU and international financial organizations, in the development of sub-national authorities in these countries.

Global poverty continues to be a major problem, one that has received much attention and resources for the last 60 years. The developed countries, international institutions such as the World Bank and United Nations, various aid agencies, and civil society have contributed trillions of dollars to fight poverty yet there are more poor today than there were a decade ago. In this hard-hitting polemical Karnani demonstrates what is wrong today's approaches to reducing poverty. He proposes an eclectic approach to poverty reduction that emphasizes the need for business, government and civil society to partner together to create employment opportunities for the poor arguing that the only way they will ever be truly lifted out of poverty is to create jobs that provide financial support for entire local communities in developing nations.

A jaw-dropping microhistory of the global economy over the last fifty years told through the many lives of a single ship.

At 94 meters long and 9,500 deadweight tonnes, once called the Bibby Resolution, is an unremarkable hulk, crossing the oceans unnoticed. And yet, the astonishing journey of this boat can tell us the story of the modern world.

First built as a Swedish offshore oil rig in the 1970s, it went on to become a barracks for British soldiers in the Falklands War in the 1980s, a jail off New York in the 1990s, a prison in Portland in the 2000s, and accommodation for Nigerian oil workers off the coast of Africa in the 2010s. It has been called Safe Esperia, HMP The Weare, even 'The Love Boat'. In each of its lives this empty vessel has been commanded by economic forces much larger than itself: private investment, war, mass incarceration, imperial interests, national sovereignty, inflation, booms, busts and greed.

Through its encounters with a world of island tax havens, the English court system, exploited labour forces, free banking zones or immigration politics, the ordinary boat at the heart of this story reveals our complex modern economy to us, connecting the dots of a dramatically changing world in the making, and warning us of its dangerous consequences.

This edited collection presents an alternative set of reflections on India's contemporary global role by exploring a range of influential non-Western state perspectives. Through multiple case studies, the contributors gauge the success of India's efforts to be seen as an alternative global power in the twenty-first century.

Most of the established theories of economics, particularly of international trade, became obsolete in the new world trade and production architecture. How, in these new circumstances, will host nations organize their economic resources? This book analyzes some prominent countries in the world to examine the issue.