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Books > Business & Economics > Economics > International economics > International trade > General
This title was first published in 2003. Nurul Islam, currently head of economic and social policy at the FAO/UN and a key advisor at the International Food Policy Research Institute, has been a renowned expert on economic development for the past thirty years. Over that time he has researched and written about a wide range of economic development issues, focussing mainly on policy. For the first time ever, his most important writings have been brought together in this volume, reflecting not only Professor Islam's own views on particular issues, but also providing a unique overview of the key debates and discussions taking place among academic economist and policy analysts over the past three decades. The collection is divided into three main sections: trade and aid, development strategy, and food security, the section on food security being the most recent. It discusses food security in a broad sense, covering issues of availability and growth in food production, access or entitlement of individuals or households to basic food, and variability in food supplies and prices. In the section on Development Strategy, Professor Islam highlights how theoretical argument has veered away from organized 'development planning' models which proved so important in the 1960s. He questions the role of models and policies throughout the decades and, following articles written in the 1970s or 80s, he includes articles he has recently completed, assessing the previous ones from his current perspective. In the final section, on Trade and Aid, he follows the academic debate on trade and exchange rate policies in developing countries from the 1960s to the progress of the WTO forums of today. This is a wide-ranging and thought-provoking volume. No matter whether the subject in question was examined in the 1960s or currently, Professor Islam provides a challenging and insightful analysis, and even the earliest articles retain relevance and will be of continuing interest.
This title was first published in 2001. The dynamics of New Firm Formation (NFF) are central to the phenomenon of economic growth and development. While the economic importance of NFF has been recognized, the mechanisms that drive NFF are not well documented or understood. Illustrated by an in-depth case study from Texas, this volume analyzes the relationships between NFF and its localized context. Using specially-formulated fixed-effects regression models, the study brings about controversial new findings. These provide a counterpoint to the neoclassical theory that there is an adversarial relationship between small and large firms by instead suggesting that the relationship is more of a symbiotic one. Furthermore, it suggests that deep churning - the turnover and replacement in a business base - is a key factor in understanding the forces shaping regional economies.
This title was first published in 2002. This compelling text provides fresh insight into an area that is often touched upon, but rarely examined in any great detail - the relationship between Multinational Enterprises (MNEs) and their host governments. Taking Japanese Foreign Direct Investment (FDI) strategy, arguably the model of FDI, Young-Chan Kim takes a revealing look at why the United Kingdom (UK) has dominated among the EU member states for FDI destination, while ironically losing its nationalized car manufacturers. Scholars of business history, international business and business economics will find this work invaluable.
This title was first published in 2002: The Commodity Protocols of the EU have become a major focus of conflict with the USA. This illuminating volume reviews the significance of the banana, rum and sugar Protocols for the Commonwealth Caribbean, while placing them in the context of the Lome and Cotonou Agreements. In an era of transition in the international trading environment, it provides an interesting case study of the implications for some of the smaller economic players in the world economy of these global changes. Timely and thought-provoking, this study will be of critical interest to students, academics and professionals in the field of development economics and European studies.
This title was first published in 2003. This prominent and commanding volume collates the best research available on China's agricultural trade. Critically analyzing the agricultural supply and demand factors that underlie trade patterns such as agricultural productivity and policy, it also explores China's agricultural trade and policy including implications for China and elsewhere. Long term issues and productivity growth are taken into consideration, as are specific issues such as WTO accession. The slate of authors combines the leading established scholars in the field and the best of the next generation, including those from China and the West.
This title was first published in 2002. This provocative volume explores key aspects of the contemporary relationship between the United States and the European powers as they attempt to address common issues as the international community enters a new millennium. Representing diverse perspectives, opinions, analyses and recommendations regarding the regional and global problems and opportunities confronted by both the United States and the Europeans, the book is particularly suitable for scholars and policy makers alike who contribute to ongoing discussions concerning this critical relationship.
This title was first published in 2001. By presenting research from a multi disciplinary perspective, this book will serve as an important reference tool for researchers and others interested in the land use issues of Central and Eastern Europe as well as agribusiness leaders seeking potential trading relations with and within these European countries.
This title was first published in 2000. Illustrated by a wide range of international case studies, this volume elaborates, extends and critiques one of the key models of local growth, which emphasizes learning, networking and 'embeddedness' in relation to the role of small and medium-sized firms (SMEs). In doing so, it provides a comprehensive understanding of the changing role of SMEs in an era of globalization.
This title was first published in 2003. This text offers an analysis of the linkages between trade policy and competition policy. It is a case study-based book that explores the conflicts and complementarities between these policy domains given different industry conditions and market structures. The essential argument is that as the complexity of markets and industry structures increases, the relationships between trade and competition grow in complexity also. The book attempts to classify these different industry conditions into four categories: natural resource, complex manufacturing, R+D intensive and internationally traded service industries. The book offers specific case studies in natural resource and complex manufacturing sectors. Given the proposals at the World Trade Organization concerning the internationalisation of antitrust policies, this text should serve as a useful guide to both academics and policymakers alike.
Since 1999, intensive research efforts have vastly increased what is known about the history of coerced migration of transatlantic slaves. A huge database of slave trade voyages from Columbus's era to the mid-nineteenth century is now available on an open-access Web site, incorporating newly discovered information from archives around the Atlantic world. The groundbreaking essays in this book draw on these new data to explore fundamental questions about the trade in African slaves. The research findings--that the size of the slave trade was 14 percent greater than had been estimated, that trade above and below the equator was largely separate, that ports sending out the most slave voyages were not in Europe but in Brazil, and more--challenge accepted understandings of transatlantic slavery and suggest a variety of new directions for important further research. For the most complete database on slave trade voyages ever compiled, visit www.slavevoyages.org.
This book, first published in 1973, presents a collection of original contributions to the analysis of international trade and monetary relations by a number of distinguished economists. The papers bear on six topics in trade theory: the inadequacies of classical trade theory, customs unions, immiserising growth, the international transmission of technical change, multinational company behaviour, and comparative trends in income distribution. Chapters dealing with international monetary relations focus on general equilibrium analysis of spot and forward exchange markets, money supply analysis in open economies, devaluation in developing countries, the sharing of the burden of international adjustment, the monetary approach to balance-of-payments theory, and the integration of Keynesian and monetary approaches to international adjustment. Taken together, they summarize much of the most advanced contemporary research in international economics. The volume is unified by the contributors' common belief that economic theory can help solve important and relevant problems in international economic relations. All the contributions represent original work on the frontiers of research in international economics, but they use simple and understandable techniques to reach their conclusions.
This second yearbook of The Vienna Institute for Comparative Economic Studies presents studies dealing with the economic situation in Eastern Europe and the Soviet Union. Its foreign trade analysis offers insights into the ongoing transition process from centrally planned to market-oriented systems.
This book provides an alternative approach to analyzing Western Europe's much-debated dependence on Russian natural gas. The actual and potential consequences of this dependence have in recent years become a growing concern both in individual importing countries and at the level of the European Union. Russian gas exports have come to decisively influence EU-Russia relations and there is nowadays hardly any aspect of these relations that can be discussed without, directly or indirectly, taking into account natural gas. But despite the central importance of Russian natural gas exports in present-day European and Russian affairs, little attention has been paid to the political and economic decisions that - starting in the late 1960s - paved the way for large-scale imports of Russian gas. Applying a systems and risk perspective on international energy relations, author Per Hogselius investigates how and why governments, businesses, engineers and other actors sought to promote - and oppose- the establishment of an extensive East-West natural gas regime that seemed to overthrow the fundamental logic of the Cold War.
Business and NGOs are seen by many to be locked in a perpetual war of values and ideologies. What this book demonstrates is that the war has moved on. Many companies are now engaging with their stakeholders - even those with which they have traditionally had antagonistic relationships - as part of their strategies for improved social and environmental performance. With contributions from an outstanding and diverse group of experts from business, consultancy, research institutes, NGOs and academia, Terms for Endearment investigates the how and why of these new collaborations and provides concrete examples of business working with stakeholder pressure for sustainable development. The book forcibly argues the notion of organizations of civil society setting the standards for business behaviour in the 21st century. For those companies that choose not to pursue high standards of social and environmental performance, confrontation with NGOs must be expected, with negative consequences for sales, costs and social capital, i.e. the bottom line. Terms for Endearment therefore presents business with both a threat and opportunity as we move closer to establishing a social basis for global economic activity.
Integration with the world economy is crucial to economic success for most, if not all, transitional economies. Rapid development of successful exports is vital to that aim. Governments can help through export promotion policies. These include the general macroeconomic policies governing the level of domestic demand and the exchange rate, but also direct support through institutions to provide insurance, finance and marketing assistance for exporters. As important market failures affect foreign trade, governments have good reason to intervene. In transitional economies market failures are even more common and acute because of their recent history of planned allocation, but their attempts to correct for market failures and support exporters have been weak so far. There is much scope for improvement and for lessons to be learned for both them and for latecomers to transition.
With the accession of Afghanistan in 2016, the World Trade Organization (WTO) numbered 164 members with nineteen other states in line to join. The WTO is certainly not alone in its growth though; the Organization for Economic Cooperation and Development (OECD), the North Atlantic Treaty Organization (NATO), and the European Union (EU) are all expanding with dozens of states continuing to negotiate their potential membership. What impact does membership in international organizations really have? Why do some states have a seemingly easy path to joining international organizations while others find the process nearly impossible? What implications do these difficult accession processes have on the domestic and international politics of the acceding states? The author presents the two-level theory of accession, which highlights factors at the domestic level and international organization level, to explain how accession processes in the WTO and EU vary from state to state and the impact of these variations. In so doing, this book provides a unique perspective on the topic of membership in international organizations.
This is the first book to tell the story of the diplomacy that has made the international trading system what it is today. It reveals how three major transformations over the past two centuries have shaped the way goods, services, capital and labour cross borders, as buyers and sellers meet in the global marketplace.
Fair trade is a fast-growing alternative market intended to bring better prices and greater social justice to small farmers around the world. But is it working? This vivid study of coffee farmers in Mexico offers the first thorough investigation of the social, economic, and environmental benefits of fair trade. Based on extensive research in Zapotec indigenous communities in the state of Oaxaca, Brewing Justice follows the members of the cooperative Michiza, whose organic coffee is sold on the international fair trade market. The book compares these families to conventional farming families in the same region, who depend on local middlemen and who are vulnerable to the fluctuations of the world coffee market. Written in a clear and accessible style and updated with an added chapter and a new conclusion, the book carries readers into the lives of these coffee-producer households and their communities, offering a nuanced analysis of both the effects of fair trade on everyday life and the limits of its impact. Brewing Justice paints a clear picture of the complex dynamics of the fair trade market and its relationship to the global economy. Drawing on interviews with dozens of fair trade leaders, the book also explores the changing politics of this international movement, including the challenges posed by the entry of transnational corporations into the fair trade system. It concludes by offering recommendations for strengthening and protecting the integrity of fair trade.
The customary treatment of Mediterranean trade from the 11th to the mid-15th century emphasizes the predominance of western merchants and the commercial exchange of spices and eastern raw materials for western woollens and other finished products. The studies in this collection, the sixth by David Jacoby to be published in the Variorum series, adopt a different perspective. They underscore the economic vitality of various countries bordering the eastern Mediterranean, their industrial capacity, the importance of exchanges between them, and the important contribution of the merchants based in that region to trans-Mediterranean trade. They also illustrate the role of hitherto neglected commodities, such as timber, iron, silk and cheese, in that trade.
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