Your cart is empty
The volume focuses on the issue of globalization of research and development (R&D) in China. China has become the number one choice of R&D for multination corporations (MNCs), according to a recent survey. Many of the largest MNCs in the world, such as Microsoft, GE, GM, HP, Motorola, and Lucent, among hundred of others, have established R&D facilities. The phenomenon has become a hot issue among policy debates in many countries regarding job outsourcing, national and regional competitiveness, and China. This book examines the issue of foreign R&D, particularly, those from MNCs in China: the drivers, missions, locations, management challenges, policies, and implications for China's innovation system. This book was previously published as a special issue of the Asian Pacific Business Review.
In recent years, a great deal of scholarly and popular ink has been spilled on the subject of globalization. Relatively few scholars have addressed the political sociology of globalization, and specifically, the emergence of global class formations and a nascent global governance framework. This book is a contribution towards redressing this imbalance. The book traces the emergence of the World Bank as a key driver of globalization, and as a central source of an evolving form of elite-driven transnational governance which the author describes as 'global managerialism'. The book argues that the Bank has expanded its sphere of activity far beyond provision of low-cost capital for development projects, and plays a central role in pursuing global economic and social policy homogenization. The World Bank and Global Managerialism features a new theoretical approach to globalization, developed through an analytical exposition of the key stages in the institution's growth since its creation at the Bretton Woods conference of 1944. The author details the contemporary Bank's central policy framework, which includes the intertwining of public and private initiatives and the extension of global governance into ever-wider policy and geographic spheres. He also argues that contemporary globalization marks the emergence of a transnational elite, straddling the corporate, government, and civil society sectors. The book provides two detailed case studies that demonstrate the practical analytical utility of the theory of global managerialism. The theoretical approach provides a robust but flexible framework for understanding contemporary global development. It is essential reading for courses in areas such as International Organizations, Global Political Economy, and Globalization and its Discontents, and is also relevant to students of development policy and international economic architecture, among others.
The global financial crisis exposed great shortcomings in the global economic architecture, generating extensive international debate about possible remedies for these deficiencies. The postwar global architecture was guided by major developed economies, centered around the IMF, the GATT, and the World Bank. Today, the balance of economic power is shifting toward emerging economies. Global governance and economic policy must reflect this shift. With contributions from prominent Asian and international trade experts, this book critically examines key changes occurring in the world trading system and explores policy implications for Asia. The world trading system, led by the World Trade Organization (WTO), is under pressure to evolve and address 21st-century trade issues. Meanwhile, economically salient Asia has built deep supply chains over decades, whilst experimenting with mega-regional trade agreements and economic policies to sustain growth amid a fragile economy. The Asian-led Regional Comprehensive Economic Partnership (RCEP) and the United States-led Trans-Pacific Strategic Economic Partnership (TPP) are competing to set standards for Asia's trade and supply chains. Lessons from the Asian experience offer new approaches and economic policies to sustain growth, presenting the WTO as a forum for action to improve global and regional trade governance in the 21st century. Policy makers will benefit from the expert knowledge and policy lessons presented in this book, and development economists and researchers will profit from its critical examination of the world trading system. Undergraduate and postgraduate students interested in development, development economics, international development, and related fields will find this essential supplementary reading.
After the World Trade Organization's (WTO) critical December 2005 Hong Kong ministerial meeting, negotiations to implement the Doha Development Agenda (DDA) broke down completely in the summer of 2006. This book offers a detailed and critical evaluation of how and why the negotiations arrived at this point and what the future holds for the WTO.
It brings together leading scholars in the field of trade from across the social sciences who address the key issues at stake, the principal players in the negotiations, the role of fairness and legitimacy in the Doha Round, and the prospects for the DDA's conclusion.
The WTO after Hong Kong is the most comprehensive account of the current state of the World Trade Organization and will be of enormous interest to students of trade politics, international organizations, development and international political economy.
This book analyses recent developments and likely future paths for trade and financial integration in East Asia. It suggests a more coherent, balanced way forward for regional economic integration and analyses implications for institution building in East Asia. East Asia has achieved a high degree of intra-regional trade, investment and GDP correlation, through an expanding web of free trade agreements and production networks. However, financially, most regional economies are linked more closely to North America and Europe than to each other. As trade integration has accelerated, financial and monetary integration has not kept pace. East Asian Economic Integration analyses potential reasons and remedies for this phenomenon through a multidisciplinary framework of law, politics and economics. This comprehensive book will appeal to researchers and students in political science, international relations, trade law, international finance law, and regional studies generally. It will also be of great interest to regional policy makers.
The book reveals, for the first time, the origins, growth and complex role of the OECD as it celebrates its fiftieth anniversary, showing how it has adapted - for the most part successfully - to the changing needs of its members, both large and small. Peter Carroll and Aynsley Kellow provide a comprehensive account and analysis of the origins, development and, most intriguingly, the recent reforms that characterise the OECD. They argue that this increasingly complex organisation has fulfilled its design to be an adaptive, learning organisation and explore how the OECD has spread its wings beyond its European and North American roots to become an increasingly influential body in global governance. Topical chapters include the OECD's work on health and the environment, relations with international, intergovernmental organisations, the OECD's structure and also the key processes. This fascinating book will be warmly welcomed by academics, researchers and postgraduate students in a wide range of fields including international relations, international business, political science, public policy and public administration. Public servants in national departments and agencies - particularly those with significant international activities - will also find the book to be of great interest, as will professionals within international organisations such as IMF, World Bank, EU, UN and (of course) the OECD itself.
Since the late 1980s, there has been a global upsurge of various forms of regionalist projects. The widening and deepening of the European Union (EU) is the most prominent example, but there has also been a revitalization or expansion of many other regionalist projects as well, such as the African Union (AU), the Association of Southeast Asian Nations (ASEAN), the North American Free Trade Agreement (NAFTA) and the Southern Common Market (Mercosur). More or less every government in the world is engaged in regionalism, which also involves a rich variety of business and civil society actors, resulting in a multitude of regional processes in most fields of contemporary politics. In this new text, Fredrik Soederbaum draws on decades of scholarship to provide a major reassessment of regionalism and to address questions about its origins, logic and consequences. By examining regionalism from historical, spatial, comparative and global perspectives, Rethinking Regionalism transcends the deep intellectual and disciplinary rivalries that have limited our knowledge about the subject. This broad-ranging approach enables new and challenging answers to emerge as to why and how regionalism evolves and consolidates, how it can be compared, and what its ongoing significance is for a host of issues within global politics, from security and trade to development and the environment. Retaining a balanced and authoritative style throughout, this text will be welcomed for its uniquely comprehensive examination of regionalism in the contemporary global age.
A collection in four volumes of writings on international financial centres, suitable for financial practitioners and students. It encompasses the moves to European financial integration, the dynamic rise of new centres, particularly in Asia and the Pacific, and challenges to existing centres. Included are essays on the conceptual classification of financial centres, comparative and historical perspectives, and technological and international financial market developments affecting their operations and prospects. This volume deals with concepts, developments and dynamics in international financial centres.
A collection in four volumes of writings on international financial centres, suitable for financial practitioners and students. It encompasses the moves to European financial integration, the dynamic rise of new centres, particularly in Asia and the Pacific, and challenges to existing centres. Included are essays on the conceptual classification of financial centres, comparative and historical perspectives, and technological and international financial market developments affecting their operations and prospects. This volume deals with the global financial centres - London, New York and Tokyo.
This MBA textbook provides a guide to the international institutions, both public and private, that exist to regulate and facilitate international business. William Kerr and Nicholas Perdikis explain how international business decision making should take into account the ideas and institutions that make up the international commercial environment, such as why trade theories are important to business; the ways in which governments can restrict trade; the role of international trade rules in reducing risk; the threats that anti-dumping and countervail actions pose; the pros and cons of operating multilaterally; the role of trading houses and the advantages of using private sector institutions to settle international business disputes. Key features include: * Economic theory presented in a business-friendly style; * Major arguments in international trade theory outlined and critically assessed; * An explanation of the role and rules of international organizations, such as the WTO * Barriers to trade and how they can affect competitiveness; * An exploration of the organizational choices (e.g. direct exporting, becoming a multinational, joint ventures, etc.) open to those participating in international business; and * Discussion of the international private sector arrangements which ensure payment, facilitate the movement of products and resolve disputes. This book will be essential reading for senior executives needing to familiarize themselves with the international commercial environment. It will also be an excellent resource for executive and international MBAs, as well as upper level international business students.
International trade has shaped the modern world, yet until now no single book has been available for both economists and general readers that traces the history of the international economy from its earliest beginnings to the present day. "Power and Plenty" fills this gap, providing the first full account of world trade and development over the course of the last millennium.
Ronald Findlay and Kevin O'Rourke examine the successive waves of globalization and "deglobalization" that have occurred during the past thousand years, looking closely at the technological and political causes behind these long-term trends. They show how the expansion and contraction of the world economy has been directly tied to the two-way interplay of trade and geopolitics, and how war and peace have been critical determinants of international trade over the very long run. The story they tell is sweeping in scope, one that links the emergence of the Western economies with economic and political developments throughout Eurasia centuries ago. Drawing extensively upon empirical evidence and informing their systematic analysis with insights from contemporary economic theory, Findlay and O'Rourke demonstrate the close interrelationships of trade and warfare, the mutual interdependence of the world's different regions, and the crucial role these factors have played in explaining modern economic growth.
"Power and Plenty" is a must-read for anyone seeking to understand the origins of today's international economy, the forces that continue to shape it, and the economic and political challenges confronting policymakers in the twenty-first century.
This important collection of previously published articles and papers, together with an original introduction by the editor, provides both a comprehensive overview of the subject and a more detailed examination of the issues. Topics covered include: the objectives and effectiveness of foreign exchange intervention; the portfolio-balance and expectations channel; new approaches to foreign exchange intervention; technical analysis, private information and game-theoretic models.
The EU is under stress. Many believe in the euro's demise because they blame it for the 2008 financial crisis and the unwelcome austerity measures. Many resent the immigrants from the new EU member states, threatening the survival of the Single European Market. Many complain of a 'Brussels diktat', seeking an escape from joint EU decisions. Several member states want to unilaterally deal with the enhanced competition from the emerging markets, especially China, undermining the EU's 'common commercial policy', run by a single EU commissioner. And many in the UK want its exit from the EU, diluting EU unity and reducing its global influence. These concerns are either misguided or require a stronger EU to deal with them - this book aims to address these issues by considering the nature, importance and future of the European Union.
The need for countries to facilitate trade and to reduce the transactions costs plaguing trade is receiving a lot of interest in policy circles, and in particular in the WTO, where trade facilitation has been one of the few good stories in recent multilateral negotiations. Is this interest justified? What have economic theory and empirical findings to contribute to our understanding of the value of free trade? This authoritative two-volume set, edited by two leading scholars in the field, offers a collection of seminal articles that have led our economic thinking on these issues and encouraged a new and growing literature. This important work, along with an original introduction by the editors, is of immense value to scholars and practitioners interested in the topic of trade costs and facilitation.
International strategies and the organizational designs of multinational corporations are in a period of transition; the dominant designs of the recent past are gone and new dominant designs have not yet emerged. This authoritative collection of articles by leading international scholars presents the dominant ways of examining and understanding these current changes. It investigates contrasting points of view and provides the reader with a framework for evaluating the transformation of international corporations and for developing a critical insight which will be as useful for understanding future changes as it is for understanding those that have already occurred.
This timely book presents practical applications of modern economic theories to trade, transaction costs and institutions within both business and governmental realms. Frank A.G. den Butter explains the importance and means of keeping transaction costs as low as possible. He illustrates how this transaction management can contribute to making firms and nations more competitive by exploiting gains from the division of labour and international fragmentation of production, and uses relevant case studies to illustrate how value is created by reducing transaction costs. Policy recommendations for strengthening the competitive position of trading nations and reducing implementation costs of government policy are presented, and management methods for creating value in organizing production on a global scale are prescribed. A wide-ranging audience encompassing economists in academia, government and business; managers in industry and government; and students of economics, business and globalization will find this book to be a crucial reference tool.
Europe is in a troubled state. The macroeconomic situation looks grim, national governments are close to dysfunction, and Europeans are facing austerity and relative decline. The one bright spot on the horizon is the potential for positive action at the level of the city and urban regions. In this book, the editors have assembled a collection of original contributions by scholars from Europe, North America and Asia who offer insights as to how local authorities in Europe might be able to chart a course for their city or urban region during this period of extraordinary difficulty. The volume begins with an Introduction, followed by a set of three papers in Part Two examining European urban competitiveness from the standpoints of measurement and policy. This section also provides a case study of the cities of one country - Italy - from which the reader can gain an understanding of the current position of European cities as well as what might be possible going forward. Experience has shown that perhaps the most crucial element in competitiveness enhancement is good and effective governance. To that end, Part Three examines structural aspects of urban government, including polycentric regions, wide metropolitan cooperation, the role of social actors and territorial aggregation. Part Four treats issues of innovation from two perspectives and provides a case study from Eindhoven, while also covering social issues such as demographics, participation, social exclusion and mobility. This set of scholarly reflections will be of considerable benefit to urban practitioners, researchers and students of public policy.
With the Treaty of Lisbon, which entered into force on 1 December 2009, the EU de facto became a state territory stretching from Portugal to Finland and from Ireland to Cyprus. The previous co-decision procedure was elevated to become the standard procedure ("ordinary legislative procedure"). For the players on the "European Union stage" - the EU member states, EU regions, companies, associations and organisations - this leads to the problem that the outcome of decision-making processes has become largely incalculable. The author, Klemens Joos, points out that, at the latest since the Treaty of Lisbon, successful lobbying in the complex decision-making system of the EU is much more the result of the intermesh of content competence (the four "classic instruments" of lobbying: corporate representative of-fices, associations, public affairs agencies, law firms) with process structure competence (i.e. the EU-wide maintenance of the required spatial, personnel and organisational capacities as well as strong networks across institutions, political groups and member states) on the part of an independent intermediary. One's own concerns are only likely to be successful if the in-terests of politicians and the general public are taken into consideration (change in perspec-tive to the common interest perspective). If this perspective change is successful, process support competence is crucial to achieving the objective.
Globalization provokes both excitement and fear. This comprehensive collection, which brings together some of the most important published work on the subject, addresses a core issue of contention: the implications of globalization for poverty and inequality. While the debate is highly politicized, this insightful set of papers focuses on the contributions made by academic economists. Globalization may be regarded by some as the realization of new opportunities through the removal of barriers to the flows of goods, services, factors and knowledge. However, it may also have adverse consequences: notably for farmers and unskilled workers in rich countries and for workers in protected industries in poor countries. In addition, this important collection investigates the implications of globalization for the power of international corporations and for the sovereignty of poor countries. It also explores topics such as the history of globalization, migration, capital movements and international institutions.
What is the impact of regional integration for different countries
and how can it be measured? Using an interdisciplinary approach,
this book explores how regional integration can be quantified,
evaluated and monitored.
This authoritative volume traces the creation and development of the EEC as an institution and assesses its impact on the economic development of Europe and the policy areas under its control. The book includes a thorough discussion of the background and origins of the European Economic Community. In the early years of post-war Europe, the continuous search for a multilateral commercial agreement resulted in various plans for European commercial cooperation. These schemes were proposed less in a desire for European integration and supranational institutions, than in response to real economic problems and were the precursors to the formation of the EEC. The next section investigates the process of creating the EEC including the road to integration of the major founding members, and the attitude of the United States to European integration. Finally, it discusses the economic development of the EEC since 1957. It explores major themes including the impact of the Community on trade and agriculture and on competition and financial policy, as well as the effects of its own enlargement. The study ends with the steps towards closer union embodied in the Treaty of Maastricht, which signalled the transformation of the European Economic Community into the European Union.
The IMF, the World Bank and GATT/WTO have had to adapt to changing circumstances in the past 60 years as they guided the world economy to growing interdependence and prosperity. Now they face several simultaneous challenges. In this book, David Robertson discusses the rise of new economic players, including proliferating NGOs, self-promoting UN agencies and 'emerging' economies (such as Brazil, China and India), which call into question the management of G7 governments. This volume assesses the future of international economic relations as economic imbalances are exacerbated by these developments and by changing international alliances. The author also considers the interests of small developing countries, which are acting collectively to seek 'a place at the table', as well as more preferential treatment. International socialism has re-invented itself as 'participatory democracy', which is employed by 'civil society' to challenge inter-governmental agencies. The future of international economic integration will depend on how these developments affect trade, finance, aid and development policies. Providing a review of international economic relations, while taking account of political, environmental and social issues, this analytical assessment of anti-globalisation forces will be of interest to anyone concerned with international affairs.
A large and growing academic literature seeks to analyse the key aspects of the International Monetary Fund's operations from both theoretical and empirical perspectives. This two-volume set draws together what are generally acknowledged to be the most important contributions. In the main it focuses on the economics of the IMF but also reflects the fact that a full understanding of the Fund will only be achieved if its political dimensions are also addressed. The collected articles demonstrate the way in which research on the IMF has evolved over time. They cover the role of the IMF, the determinants of IMF lending, conditionality and the implementation and effects of IMF programs, the prolonged use of IMF resources as well as the IMF's own reserve asset, the Special Drawing Right. No serious student of the IMF will want to be without this up-to-date and comprehensive collection.
Over the past few decades, alliance and networks have been generally examined individually. This Handbook sheds new light on this research by combining the two topics and focuses on highlighting their similarities. The expert contributors discuss topics surrounding the state-of-the-art in alliance and network research such as organising opportunities in international entrepreneurship; transaction costs in alliances and joint ventures; diaspora networks; and national culture and international alliances. They go on to look at conceptual developments relating to born globals; subsidiary performance; internationalisation; and knowledge transfer and organisational learning. Finally, they present empirical evidence of international alliances and networks. They combine diverse types of studies including literature reviews, conceptual papers and empirical studies in order to provide the reader with a comprehensive understanding of the topic. Researchers with an interest in joint ventures and alliance and networks, along with students and academics of international business will find this book to be a valuable resource.
This book presents an authoritative collection of the most important papers previously published by leading scholars in the field of trade policy and its reform. Included are sections on early contributions to the theory of reform, world welfare and trade reform, and reform with quotas and tariffs.
You may like...
Eclipse - Living in the Shadow of…
Arvind Subramanian Paperback R564 Discovery Miles 5 640
Accountable - How we Can Save Capitalism
Warren Valdmanis, Michael O'Leary Paperback
Africa And The World - Navigating…
State, Governance And Development In…
Firoz Khan, Greg Ruiters, … Paperback (1)
The Bottom Billion - Why the Poorest…
Paul Collier Paperback (2)
The Asian Aspiration - Why And How…
Greg Mills, Olusegun Obasanjo, … Paperback
Rekeningkundige standaarde - `n…
Nico van der Merve Paperback
Outside the Box - How Globalization…
Marc Levinson Hardcover
Globalization - A Multi-Dimensional…
C. Gopinath Paperback R755 Discovery Miles 7 550
China's Trump Card - Cryptocurrency and…
Raymond Yeung Hardcover