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Integration and Globalization - Challenges for Developed and Developing Countries (Hardcover)
Loot Price: R2,941
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Integration and Globalization - Challenges for Developed and Developing Countries (Hardcover)
Series: INFER Advances in Economic Research series
Expected to ship within 12 - 17 working days
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The main challenges the European Single Market is facing in the
21st century result from the enlargement to Central and Eastern
Europe, the EMU, and the globalization of trade and investment that
has aided the rise of competitive emerging markets. This
state-of-the-art book provides fresh theoretical and empirical
evidence on the challenges presented by integration and
globalization for both developed and developing countries. The
authors demonstrate how the European Single Market remains a work
in progress with many critical issues still to be addressed. These
include the rigidities in product and labor markets, the need for
innovation and quality upgrading, and the rapid catch-up of new
member countries. They go on to show how firms use the
opportunities provided by integration and globalization to fragment
their production processes internationally, which brings gains but
also requires structural adjustment. The book also argues that
global environmental coordination may be less detrimental to the
growth prospects of developing countries than is commonly believed.
Illustrating a number of methodologies, this book will be a great
resource tool for postgraduates and undergraduates in the fields of
international economics and business, as well as researchers and
policy-makers.
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