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Develop a unified view of the latest global macroeconomic events,
connecting the short, medium, and long-run markets. Macroeconomics:
A European Perspective, 4th edition by Blanchard, Amighini &
Giavazzi, offers the European perspective based on the best-selling
US text by leading author Olivier Blanchard, presenting an
integrated, global view of macroeconomics, and showing the
connections between goods markets, financial markets, and labour
markets worldwide. An essential textbook for students studying
Macroeconomics at an intermediate level, this is a book rooted in
the real world: from the major economic crisis of the late 2000s to
the profound economic effects caused by the COVID-19 pandemic, from
monetary policy in the US to Brexit, the problems of the Euro area,
and growth in China, this edition will help you make sense not only
of current macroeconomic events but also those that may unfold in
the future. Key features include: A new chapter 'The COVID economic
crisis' examines the economic impact of the COVID-19 pandemic. A
new appendix, 'What do macroeconomists do?', explores career
options for those thinking about taking their Macroeconomics study
further. Organised into two distinct parts: a core section focuses
on short, medium, and long-run markets, and two extensions offer
more in-depth coverage of the issues. Margin notes help re-create a
student-teacher dialogue, further explaining more challenging
concepts. Focus boxes discuss real macroeconomic events and facts
from Europe, the United States, and around the world. With a series
of features and digital resources to help you cement your learning,
this is a must-have textbook on the European perspective reflecting
all major contemporary changes in the field. Also available with
MyLab (R) Economics MyLabis the teaching and learning platform that
empowers you to reach every student. By combining trusted author
content with digital tools and a flexible platform, MyLabEconomics
personalises the learning experience and improves results for each
student. If you would like to purchase both the physical text and
MyLab (R) Economics, search for: 9781292360966 Macroeconomics: A
European Perspective Paperback, 4th Edition plus MyLab Economics
with Pearson eText. Package consists of: 9781292360898
Macroeconomics: A European Perspective Paperback, 4th Edition
9781292360935 Macroeconomics: A European Perspective Paperback, 4th
Edition MyLab (R) Economics 9781292360973 Macroeconomics: A
European Perspective Paperback, 4th Edition Pearson eText MyLab (R)
Economics is not included. Students, if MyLab is a
recommended/mandatory component of the course, please ask your
instructor for the correct ISBN. MyLab should only be purchased
when required by an instructor. Instructors, contact your Pearson
representative for more information.
Can local markets and clusters represent a powerful alternative to
global markets? Do transnational corporations and global buyers
play a role and enhance or undermine local firms' upgrading and
learning? What opportunities do clustering and global value chains
offer to SMEs in global markets?
"Upgrading to Compete" shows that both the local and the global
dimensions matter at once. Clustering and collaborating with other
local firms offers substantial advantages, and participating in
global value chains and interacting with foreign buyers and
companies may enhance local firms' capabilities and access to
distant markets as well. However, what matters most markedly is the
form of governance of value chains and clusters, which affects the
upgrading process of local SMEs. Thus, hierarchical and less
cooperative chains often inhibit more complex and promising forms
of upgrading.
The book illustrates this point with original empirical
evidence from several clusters in Latin America. Case studies from
Brazil, Chile, Mexico, and Nicaragua are supplemented by desk
studies on other experiences in the region. The methodological
foundations and the policy implications of these analyses are also
exhaustively addressed.
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