The Economics and Ideology of Free Trade makes an important contribution to the debate on globalization by providing much needed intellectual and historical perspective on the issue of Free Trade versus Protection. The book does so by reviewing and integrating doctrinal history and past policy debates. Firstly the book deals with the doctrinal evolution of the economics of free trade from the mercantilists onwards (including the reaction against classical economics by Friedrich List and the American national economists). It then goes on to critically examine the debates, policies and events that mark over two centuries of fierce but intellectually stimulating controversy over free trade and protection (including the debate on the Corn Laws, the British Tariff Reform Controversy 1903, and Keynes on Protection). In this stimulating and highly informative volume, the author summarizes and encapsulates a vast amount of material in a singularly economical and succinct manner that will appeal to academics and students interested in the history of economic thought, international economics, economic history and also international relations.

In the age of globalisation, goods, services, labour and capital are crossing international borders on a scale never before known. They are creating a nationless market. Governed by both the invisible hand of business and interest and the visible hand of authority and direction, a world market can be a free-for-all, but it can also be constrained by the national interest of countries that differ greatly in their social institutions and material circumstances. This book provides a lucid and comprehensive account of contemporary international political economy. Beginning with the ideological underpinnings, it examines the globalisation of trade in goods and services and labour and capital. It relates the free economic market to social consensus and political regulation, both within sovereign countries and at the supra-national level. The book is comprehensive and interdisciplinary, incorporating philosophical, political, social and economic insights on an international scale and applying them directly to the ongoing phenomenon of globalisation. Topical and non-nation specific, it covers the WTO, EU, the transfer of technology, the multinational corporation, the exchange rate, free versus regulated trade, the status of agreements and blocs, as well as contemporary issues such as populism, xenophobia and rapid economic growth in both rich and poor nations. Accessible to specialists, students and the informed reader alike, State and Trade offers wide-ranging analysis of the politics of trade in goods and services, international investment and the migration of labour across the globe.

The legal, political and economic rationales that underpin trade policy are reflected in the establishment and implementation of EU trade relations with the rest of the world. This comprehensive Handbook provides readers with a multidisciplinary overview of the major perspectives, actors and challenges in contemporary EU trade relations. Changes in institutional dynamics, Brexit, the politicisation of trade, competing foreign policy agendas, and adaptation to trade patterns of value chains and the digital and knowledge economy are reshaping the European Union's trade policy. The authors tackle how these challenges frame the aims, processes and effectiveness of trade policy making in the context of the EU trade relations with developed, developing and emerging states in the global economy. This Handbook presents students and practitioners with an accessible introduction to the policy processes in the EU?'s trade policy. Policy-makers, especially those outside of the EU, will also gain key knowledge regarding the trade policies of the EU by reading this. Contributors include: J. Adriaensen, L. Choukrounel, P. De Lombaerde, F. De Ville, M. Eagleton-Pierce, J. Eckhardt, M. Filadoro Alikhanoff, C. Gammage, M.J. Garcia, T. Heron, W.A. Kerr, S. Khorana, L. Kuhnhardt, D. Martens, P. Murray-Evans, L. Nilsson, J. Orbie, L. Perdikis, N. Perdikis, G. Rosen, G. Siles-Brugge, A. Smith, M. Smith, N.R. Smith, M. Shu, L. van der Putte, S. Velluti, W.G. Voss

To remain competitive, businesses must consistently analyze and enhance their management strategies. By utilizing the latest technological tools in the corporate world, organizations can more easily optimize their processes. The Handbook of Research on Technology Adoption, Social Policy, and Global Integration is a comprehensive reference source for the latest scholarly perspectives on the integration of emerging technologies and computational tools in business contexts. Highlighting a range of topics such as micro-blogging, organizational agility, and business information systems, this publication is ideally designed for managers, researchers, academics, students, and professionals interested in the growing presence of technology in the corporate sector.

Visions for the Global Economy explores a collection of global issues that are vital to every student of world affairs. It addresses key topics on the global stage, focusing on the foundational aspects of these global issues. It gets to the heart of diverse arguments that create roadblocks to progress in the global economy and combines current affairs with key turning points in history.

This guide examines topics of the global economy at their core, as each chapter traces the storyline of one issue. Global issues and the decisions world leaders make are complex; and there never is one clear reason as to why something exists or why something takes place.

Visions for the Global Economy also considers economic growth, global economic governance, and political economy, providing a solid base for understanding the increasingly complex world today. The global economy has changed exponentially over the last decade and a half. Today, students cannot exclusively study politics or economics. They need to study both and have a good grasp of the political economy to succeed in today's world.

In the global financial crisis, competitiveness gaps between Euro area countries caused additional strain. This book discusses the various dimensions of competitiveness, with a special focus on emerging Central, Eastern and Southeastern European countries. For Europe to proceed with convergence and to resist global competitive pressures, it argues that policies to boost productivity and innovation are vital. With products becoming ever more technically sophisticated and global interconnectedness on a relentless rise, it also demonstrates that quality, customer orientation and participation in global production networks and global value chains are at least as important as relative costs and prices. This book delves into the literature and dissects the complexity of competitiveness, aiming to offer tangible policy advice focussed on how well the European economy is performing and how it could improve. The key findings of the book, from a mix of academics and policymakers, constitute a state-of-the-art assessment of competitiveness that may change traditional perceptions of how economies can return to a path of sustainable growth. Comprehensive and forward-looking, this enlightening book will appeal to academics, researchers and policymakers with a particular interest in European economies and economic integration. Contributors include: D. Andrews, B.B. Bakker, I. Begg, M. Belka, K. Benkovskis, Z. Darvas, A. de Serres, M. Gradzewicz, D. Hanzl-Weiss, B.S. Javorcik, A. Kosior, K. Krogulski, M. Landesmann, E. Nowotny, B. Pinto, D. Ritzberger Grunwald, M. Rubaszek, P. Samecki, M. Silgoner, P. Sinclair, K. Vondra, B. Vujcic, J. Woerz, L. Yueh

This book shows that research contributions from different fields-finance, economics, computer sciences, and physics-can provide useful insights into key issues in financial and cryptocurrency markets. Presenting the latest empirical and theoretical advances, it helps readers gain a better understanding of financial markets and cryptocurrencies. Bitcoin was the first cryptocurrency to use a peer-to-peer network to prevent double-spending and to control its issue without the need for a central authority, and it has attracted wide public attention since its introduction. In recent years, the academic community has also started gaining interest in cyptocurrencies, and research in the field has grown rapidly. This book presents is a collection of the latest work on cryptocurrency markets and the properties of those markets. This book will appeal to graduate students and researchers from disciplines such as finance, economics, financial engineering, computer science, physics and applied mathematics working in the field of financial markets, including cryptocurrency markets.

This book provides a broad quantitative analysis of the new facets of regionalism in the Americas. In particular, major aspects of the New American Regionalism are discussed in terms of two basic notions: the genuine political character of economic integration schemes, and the profound inter-connectedness of the American regions with the global economy. Heinz Preusse examines the recent experiences of the two main integration agreements in the Americas - the North American Free Trade Agreement (NAFTA) and the Mercado Comun del Sur/Sud (MERCOSUR), and discusses critical aspects of the envisaged Free Trade Area of the Americas (FTAA). He concludes that NAFTA has enjoyed a good internal economic record, but, externally it may have contributed to the rise of the present American 'spaghetti bowl' regionalism. In addition, MERCOSUR is stagnating and faces an uncertain future after what was a fairly successful start-up period. The author goes on to argue that under these conditions, the FTAA may be a chance for the formation of an open - and only moderately discriminatory - regional agreement in the Americas. He ascertains that the FTAA may therefore determine the fate of the New American Regionalism. Critically exploring the hypothesis that the New American Regionalism is growth-enhancing and conducive to the multilateral order, this book will appeal to academics, researchers and policymakers with a special interest in international economics, international politics, and regionalism.

Although the full extent of the potential damages from global warming remain unknown, scientists have long argued that action should be taken now to mitigate any possible adverse consequences. However, in making such policy recommendations, economic arguments need to be considered as much as scientific ones. This volume examines the appropriate economic incentives for implementing policy to mitigate climate change and then exposes the flaws in current international agreements. The book begins by providing the economic foundations for understanding climate change. It examines how Kyoto's flexibility mechanism departs from more efficient and less-costly approaches for reducing atmospheric carbon dioxide, and highlights the problems that terrestrial carbon credits pose for emissions trading. Unique case studies of Canada, Japan and The Netherlands indicate that most countries will be unable to meet their own Kyoto obligations. The author then uses an economic analysis of the potential damages to show that even though some countries will experience a detrimental effect from climate change, the majority will actually benefit. In this way, he clearly demonstrates that not only will current policies do little to avert global warming, most countries will also have less incentive to sign up to any future international agreements. Academics, economists and policymakers involved in the climate change debate will find this succinct yet comprehensive analysis of the economic instruments available for mitigating climate change to be essential reading.

In this book a distinguished group of international contributors, from both developing and higher income countries, identify and discuss major social conflicts, labour and distributional concerns, environmental issues and impacts arising from the very rapid increase in globalisation experienced since the early 1970s. Issues considered include possible alternatives to globalisation; cultural and linguistic inequalities associated with globalisation, consequences of growing regionalism and economic inequality between and within nations. Poverty, international migration, biodiversity conservation, natural resource sustainability, and global trade in genetically modified organisms (GMOs) are also discussed. A substantial introductory chapter provides a significant overview of the rate and process of economic globalisation and integrates the contributions and their interconnections for the reader. Economic Globalisation offers policy proposals and responses and represents divergent views and rigorous theoretical analysis. Economists, particularly those with an interest in international economics, labour, environmental and ecological economics, macroeconomics and social economics will all find this book of great interest.

This book shares essential insights into the implementation of monetary policy in various East Asian countries. Highlighting case studies from China, Taiwan, Korea, Japan and Singapore, leading economists and practitioners from central banks illustrate how dependent effective monetary policy is on the institutional and financial market environment, as well as on successful implementation and communication. The respective contributions cover various aspects of monetary policy implementation, such as: How is inflation targeting handled? For what purposes and how do central banks operate on financial markets, and what are the (at times unintended) effects? How do currency market interventions help achieve the monetary policy targets set by individual countries or areas? In addition, Asian experiences are contrasted with those from the Eurozone.

The definitive survey of the countries and territories of Western Europe, comprising expert analysis and commentary, up-to-date economic and socio-political data and extensive directory information. General Survey Essays by leading experts on the area cover issues of regional importance. Country Surveys Individual chapters on each country, comprising: an introductory survey, containing essays on the geography, history and economy of each country, including a chronology and map. an extensive statistical survey of economic and demographic indicators, including area and population, health and welfare, agriculture, forestry, fishing, mining, industry, finance, trade, transport, tourism, communications media and education. a comprehensive directory of names and contact details covering the most significant political and commercial institutions. Regional Information a directory of research institutes specializing in the region bibliographies of books and periodicals covering the region.

Korea has been at the centre of intense debate concerning the role of government in economic development. Taking an in-depth approach, this book analyses the path of Korea's industrial technology development. In contrast to many previous studies on Korea, the author argues that the role of foreign multinational enterprises has been significant while the government's was surprisingly limited in scope. The author addresses three main questions: * How was Korea able to develop so effectively despite the low inflow of foreign technologies and capital? * What is the role of multinational enterprises in 'teaching' technology to the firms from developing countries? * What has been the influence of public policy on Korea's technology development? The author demonstrates that the key to the Korean electronics industry's spectacular growth has been through its participation in and learning from an inter-firm arrangement called 'original equipment manufacturing' (OEM) arrangement, and a number of firm-level case studies support this argument. This book will be of special interest to scholars of industrial and development economics, innovation and Asian studies. It will also be of use to policymakers responsible for industrial policy development.

This textbook offers a comprehensive analysis of traditional and newly emerging challenges affecting international logistics management from practical, theoretical and policy perspectives. Principles of International Logistics provides an in-depth exploration of the role of intermodal transportation, and the policy-oriented issues of market liberalization, regulatory policies, quality of institutions and supply chain orientation. Key Features: Detailed discussion of the role of the different modes of transport including air, land and maritime transportation Evaluation of international logistics and its economic significance, giving students a strong understanding of the basic principles of logistics Practically-oriented examples and cases drawn from developed and developing countries in Asia, Europe, South America and Africa to allow students to apply their knowledge in practice Coverage of new and emerging international issues such as new technologies and their application to logistics, placing traditional logistics concepts into modern context Principles of International Logistics will be an essential text for undergraduate students of international logistics, logistics management and global supply chains, and an excellent supplementary text for those studying operations and supply chain management more broadly.

NATO is facing a unique crisis questioning its existence and future. This book provides a detailed in-depth economic and critical analysis of the issues. It considers whether NATO has a future and what it might look like 70 years ahead. NATO is undergoing a process of dramatic change, reorganising its functions, funding and strategic responsibilities to address growing regional and global threats. This book not only explores the contentiousness of economic and financial burden-sharing and the associated political and diplomatic stresses involved in the pursuit of common strategic objectives, but contributes to a further debate concerning the expanded scope and roles of the Alliance in the 21st century. This book combines NATO's political controversies, complexities and conflicts with a treatment of the underlying theoretical economic frameworks. This book is essential reading for students in military staff colleges, university International Relations and Strategic Affairs Departments, but also to those working in government defence establishments, independent think tanks and political and economic institutions, generally.

Historians and diplomats often claim that each international negotiation is a unique event. In contrast, negotiation theory, building on several academic disciplines, argues that international bargaining is characterized by recurrent patterns that can be generalized and formalized. In the context of that debate, this book addresses whether international economic negotiations differ from other types of negotiation and examines what might be typical and, possibly, special about economic negotiation. It also studies the extent to which economic theory as opposed to negotiation theory can explain the outcome of international economic negotiations. Using the framework of a comparative case study, the authors look at the most important economic issues that are traditionally at stake: trade, money, finance, macroeconomic affairs and direct investment. The cases represent government-to-government, business-to-business and business-to-government negotiations and are described by those who were either personally involved in the negotiations or were close observers. This excellent book will be of great interest to students and scholars of international economics, international business, management and game theory.

This expanded and enlarged third edition of Theodore Pelagidis and Michael Mitsopoulos' popular Who's to Blame for Greece? covers almost a decade of Greece's economic crisis from 2009 to 2019, as well as recent developments in the first months of 2020. It provides an overview of recent developments in the Greek economy and outlines the most important obstacles to a return to robust and sustainable growth rates. It considers the new optimism being developed in Greece after the crisis, but also the policy challenges facing Greece emanating from a deeply hurt economy in the aftermath of the crisis and the structural problems that persist. The book covers the most recent issues that affect the Greek economy including, the migration crisis at the borders with Turkey as well as a faltering global economy hit by the Covid-19 pandemic. This book will appeal to researchers, practitioners and policy makers interested in the EU and the political economy of Greece and offers valuable updates on the second edition.

The contributors to this book, from the US and Japan, explore the main issues involved in the international trade, foreign direct investment, and macro/financial relations of the United States and Japan and provide guidance to policymakers for measures to help overcome Japan's economic stagnation since the early 1990s.The book is divided into three parts. Part I contains an empirical analysis of trade diversion under the North American Free Trade Agreement (NAFTA), a theoretical analysis of time in determining the structure and effects of trade with an application to Japan, and an empirical analysis of Japan's changing import behavior. Part II is focused on foreign direct investment (FDI), trade, and the behavior and structure of Japanese firms. Part III deals with macro/financial issues of current interest and importance in Japan. The analytical focus of the chapters is intended to enhance the understanding of the issues addressed and to provide some guidance to policymakers in the design of measures that will improve economic efficiency and welfare and help to overcome the economic stagnation that Japan has experienced in the past decade or more. Economists, political scientists and policymakers will find the analysis provided in this volume invaluable in understanding the Japanese economy and economic relations between Japan and the United States.

This significant new book provides a succinct overview of the essential policy issues surrounding capital liberalization. The book compares the experiences of transition economies in Europe with those of advanced nations, allowing the reader to examine the changing international economic and financial environment within which transition countries have to liberalize. The book first deals with the critical issues concerning liberalization, including sequencing and financial market development. The authors move on to present an overview of the early liberalization experiences of advanced economies and East-Asian countries. This provides the context for a series of chapters reviewing liberalization progress in transition economies, in which international experts and senior officials analyze their own countries' experiences. The authors also emphasise the importance of financial market reform and the construction of a sound institutional framework if countries are to attract and productively use capital inflows. A stable financial system, whilst not infallible, is also crucial for minimizing the risk of financial crises of the type experienced by a number of countries during the 1980s and 1990s. The comprehensive scope of the subject matter and international contributions from a range of different perspectives will ensure this book is warmly received by academics and researchers with an interest in EU accession, transition economics and financial market reform. It will also serve as a useful guide to governments involved in capital liberalization in other parts of the world such as Latin America and Asia.

How impactful has the Eurasian Economic Union (EAEU) been since it was signed in 2015? This book provides a thorough and critical analysis of economic integration in the EAEU from the perspective of international economic relations. It focuses on trade, FDI, manufacturing, energy, transport and logistics, science and education, digital economy, labour and ecology. The book also addresses the global positioning of the EAEU by evaluating its existing and potential trade agreements both with third countries and regional blocks. Although the EAEU is an established regional entity that has achieved a number of quantitative and qualitative economic results, there needs to be inclusive dialogue at the intra-regional (within the EAEU) and interregional (for instance, BRICS+) levels to further deepen the economic integration in the EAEU. This book will be of interest to academics and policymakers working in Eurasian economic integration, international economic relations and regional studies.