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.

The Eurasian continent, which has for over a century lagged behind in global markets, is currently gaining economic and political momentum. This book investigates emerging economic linkages in the area, examining the factors shaping this integration, the benefits and risks involved, and the future of these states on the global stage.

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.

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.

The expanding membership of the EU means significant changes for accession countries' international trade relations, affecting imports, exports, tax revenues, government expenditures and domestic regulatory regimes. There are also significant ramifications for the EU budget. This book is a valuable comprehensive tool kit for analysing the economic effect of EU accession, using examples from the most complex sector for both candidate countries and the EU itself - agriculture. The authors provide a complete set of market configurations with which to analyse harmonisation with the Common Agriculture Policy in both the long and short run. It also provides insights into the questions of regulatory harmonisation in areas of food safety, animal and plant health, the environment, animal welfare, technical standards and the protection of intellectual property. Background is provided on the EU and its policies, economic developments in transition economies and the accession process. The book also provides a unique insight into how negotiating positions can be developed. A wide audience will find this book of great value and interest including policymakers and analysts in governments and related think tanks, businesses and consultancy firms trading in the EU. Scholars and researchers of European studies, international trade and agriculture will also find the book invaluable.

Some years ago the Chinese painted a canvas for themselves, and made all its colours come true. National income multiplied rapidly over thirty years, and millions of lives in the country improved, as China shot dizzyingly to the second slot in world economy. As growth now slows in China, the world waits for the giant to stumble. The never-say-die Chinese are however busy transforming their economy yet again - in surprising and significant ways - poised to catapult themselves to the next stage of development. The change is slow, seemingly imperceptible, but relentless, unmistakable and innovative.... China: Behind the Miracle reveals the many dimensions of the country's growth phenomenon. The book focuses on telling a simple tale of the Chinese economy, sharing extraordinary models of growth and economic change, while helping the reader develop an insight into critical issues.

In this book, Tran Van Hoa reveals how competition policy and competitiveness are essential for contemporary economic, financial and trade management as well as national and international governance. Containing new in-depth studies of these issues and their development, the book focuses on major Asian economies encountering increasing globalisation and the prevailing influence of the WTO. In major Asian economies, competition policy, while being important for trade, development and growth, is nascent. Competition Policy and Global Competitiveness in Major Asian Economies surveys the fundamentals of competition policy and investigates how, in practice, it has been developed in major economies in the Asian region. It also contains previous lessons and experiences in the formulation and implementation of competition policy and the pitfalls that may be avoided in similar future developments. Suggesting solutions in economic development and policy reform for Asian economies in the face of increasing globalisation and WTO membership requirements, this important book will be of enormous interest to economic policymakers and advisers, academics, government officials, business executives and tertiary students.

In "Delivering Development," author Edward Carr calls into question the very universal, unquestioned assumptions about globalization, development, and environmental change that undergird much of development and economic policy. Here he demonstrates how commonly held beliefs about globalization and development have failed the global poor. Over his 13 years of working along what he calls "globalization's shoreline," a world region buffeted by the economic, political, and environmental decisions of those living in wealthier places, Carr has concluded that most experts misunderstand what they are trying to fix, and cannot tell if they are fixing it. "Delivering Development" is an eye opening, you-are-there book that compels the reader to question conventional wisdom, redefines what assistance to the developing world really means, and explores alternative ways of achieving meaningful, enduring improvements to human well-being.

A Basic Income Guarantee (BIG) is the unconditional government-ensured guarantee that all citizens will have enough income to meet their basic needs without a work requirement. Significant questions include: Why should we adopt a BIG? Can the U.S. afford it? Why don't the current welfare programs work? Why not guarantee everyone a job? Would anyone work if his or her income were guaranteed? Has a BIG ever been tested? This book answers these questions and many more in simple, easy-to-understand language.

This is the fourth volume of Paul Davidson's major contributions to the economics and policy debates of our times, with writings on the debates surrounding the interpretation of the General Theory. The book contains professional articles, newspaper columns and papers that explain why Keynes' General Theory, as developed by Post Keynesian theorists, and provides important policy implications for the economic problems of the twenty-first century global economy.

The first major comparative study of the causes and consequences of violent conflict that integrates and addresses the issue of self-determination. The authors show that with violent conflict in the developing world as the critical issue for the twenty-first century, and conflict prevention a central security problem for both the developed and developing world, self-determination movements can only be understood, and conflict prevented, in the context of global economic and cultural forces, and of local responses to them.

"With economic reforms underway for more than a decade in India, it is interesting to examine the responses of the Indian states to the newer challenges. This book addresses a wide range of issues, such as growth dynamics, income inequality, the fiscal behaviour of the states, the role of the banking sector, and the emerging institutional structure aimed at catering for social banking and strategies for agricultural growth"--Provided by publisher.

As the shock of the 2008 European financial crisis begins to subside, it is time for scholars to step back and analyze the crisis's causes and effects from a multidisciplinary vantage point. Europe in Crisis examines the current state of the European economy, society, and polity, both on the theoretical and political levels, by placing special emphasis on its current crisis. With important contributions from heterodox economists and radical social and political scientists, this innovative new edited collection seeks to evaluate past efforts and policies (mainly since World War II), criticize the failed neoclassical/neoliberal perspectives, and offer alternative strategies and policies to Europe's socioeconomic impasse and misery.

This book studies the sustainability and optimality of public debt under different scenarios: the closed economy, the small open economy, and a two-country setting. Sustainability refers to the existence and the stability of the long-run equilibrium. Optimality relates to the path of public debt that maximizes discounted utility. The analysis is conducted within the framework of the Solow model, the overlapping generations model and the infinite horizon model. The government can follow different strategies, it either fixes the deficit ratio or the tax rate. As a result, a fixed deficit ratio generally can be sustained. By contrast, a fixed tax rate generally cannot be sustained. Depending on the chosen fiscal strategy, there exists either an optimal deficit ratio or an optimal tax rate that maximizes the sum of consumption and government purchases per capita.

This book explores the Arctic as a rapidly evolving phenomenon in international affairs of a rising number of stakeholders. For decades, Arctic studies used to be an affair of a relatively narrow group of experts from northern countries. This time is over due to a new Chinese Arctic policy, as well as growing regional interests from South Korea, Singapore, India and Japan. Contributors reflect on new roles for the Arctic region: both as a playground for the old school nation state competition and even confrontation, and a new source for international cooperation in energy, logistics and natural sciences. Climate change, political tensions and economic competition make Arctic a hotter venue of international relations. This new Arctic fever, studied through a comparative analysis of different regional agendas, especially with a focus on the US-China-Russia triangle, represents the main subject of our book, which will be of interest to scholars of geopolitics, of climate change, and of 21st century energy economics.

A careful basic theoretical and econometric analysis of the factors determining the real exchange rates of Canada, the U.K., Japan, France and Germany with respect to the United States is conducted. The resulting conclusion is that real exchange rates are almost entirely determined by real factors relating to growth and technology such as oil and commodity prices, international allocations of world investment across countries, and underlying terms of trade changes. Unanticipated money supply shocks, calculated in five alternative ways have virtually no effects. A Blanchard-Quah VAR analysis also indicates that the effects of real shocks predominate over monetary shocks by a wide margin. The implications of these facts for the conduct of monetary policy in countries outside the U.S. are then explored leading to the conclusion that all countries, to avoid exchange rate overshooting, have tended to automatically follow the same monetary policy as the United States. The history of world monetary policy is reviewed along with the determination of real exchange rates within the Euro Area.

The European Economic and Monetary Union comprises twelve member states and forms a currency area of considerable size and, until now, remarkable stability. Still, however, discussion is going on whether it can survive as an institution providing the highest degree of monetary integration which is a single monetary policy for a group of member countries with divergent economic performance. It is also questioned whether it can withstand financial crises in international markets and contribute to the stability of the global financial system. The book addresses these questions with special emphasis on the need for new forms of economic policy coordination.

"The Grand Convergence describes, evaluates, and advocates for sweeping changes in our global economic and political structure that would ensure the prospects of global human civilization as we confront an uncertain and hazardous future. It argues both for the Marshall Plan as well as for a limited federal world government to replace the quasi-anarchic international regime of today"--Provided by publisher.

This book challenges the one-sided account of Poland as a successful transition case, by exploring the huge social costs for workers in terms of impoverishment and employment precarity. The ambivalent role of the European Union in the economic restructuring of Poland emerges through comparisons to earlier rounds of restructuring of steel in Western Europe, Eastern Europe and other parts of the world. By offering an exemplary case of multi-level analysis, an in-depth case study and biographical research, Fallen Heroes in Global Capitalism provides a compelling read on postsocialism and the restructuring of the Polish steel industry.

This book is the outcome of the international symposium on 'Economic Integration in Asia and India' held in Tokyo, Japan, on Decemeber 8, 2005.
In the flow of globalization in the world economies, the regional economic integrations which have been progressing institutionally in the EU and Americas are now substantially under way among countries in Asia, including Japan, Korea, China and the ASEAN countries. India has also taken steps on the passage towards economic integration. India's full-scale participation in the Asian market will affect other East Asian countries, which in turn will also have manifold influences on India. This book aims to trigger a wider examination of Asian economic integration.

After leading the world during most of the 20th century in economic, political, technological, military, and even social terms, America's role is now being challenged. Its values questioned, and its methods often disparaged, America had become the clear example to be followed or even copied, yet its more recent strategic and political decisions gained little international support and a lot of outright opposition. The quality of its national planning and decision making has been severely compromised, and risk management appears to be largely absent. India and China are now emerging as new economic powers, with advancing technological prowess. Their focus is on socioeconomic development, but their capabilities and potentials are much broader and may challenge America's leadership before long, unless it recognizes the changing demands of the new wide open globalized world.

The rise of large economic regions rivaling the United States will challenge its competitive strength and ability to withstand cross-border economic turbulence--a challenge the U.S. has not faced in more than 50 years. To meet this challenge, American business leaders need a comprehensive understanding of the existing global economic and monetary system. It is that, plus an explanation of international economic trend analysis, that Schaefer's book provides. Based on key economic and financial indicators published weekly in The Economist, Schaefer integrates a discussion of established international economic concepts with actual economic and financial data, giving readers a system to evaluate current economic indicators and anticipate future trends. An important resource for professionals and academics in international finance and investment, and for corporate management operating on a global scale.

A number of competing views are swirling around the literature concerning the impact of globalization on the ability of cooperatives to survive. This 10th volume of the Advances in the Economic Analysis of Participatory & Labor-Managed Firms series wants to understand some of these elements in the evolution of cooperatives in a world where globalization seems to be the driving force behind innovative forms of organization. In keeping with the main focus of the economics literature, the volume is focused on worker and producer cooperatives. This issue contains eleven papers and is organized into three parts: the first part collects empirical studies on producers cooperatives in Israel, Italy, Spain and Canada. The second part focuses on theoretical advances in the literature on cooperatives with the objective of understanding the conditions that explain co-ops longevity. Finally the third part documents the expansion into the global markets of the Mondragn Cooperative Corporation.
*Contains original research on cooperatives.
*Focuses on the impact of globalization on the cooperatives performance and survival.
*Contains a mix of empirical and theoretical research.

The contributors present theoretical and empirical advances on business cycles analysis with particular attention to Euro-zone characteristics. The book also identifies applications of sophisticated tools by private and public institutions involved in the analysis of economic fluctuations.