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This authoritative Handbook provides a thorough account and analysis of the important issues relating to the globalization of the international economy. The increasing interdependence of the world's economies has caused a breakdown in national economic boundaries and a freer access to goods, services and labour. This comprehensive book, written by experts in the field, addresses major issues associated with this international economic integration. This reference work considers: global growth including inequality, saving, foreign direct investment, external debt and multinational corporations regionalization and globalization of trade such as the role of international institutions, external economies of scale and trading blocs transition to market economies in Central and Eastern Europe, the former Soviet Union and East Asia internationalization and integration of markets including the financial, capital, labour and agricultural markets global environmental and resource problems including transboundary pollution, the implication of North-South trade for natural resource depletion and environmental degradation, and the impact of energy markets on global growth, pollution and economic stability.
During the growth process inequality may rise or decline, and the change in the level of inequality may, in turn, affect growth. An increase in inequality in one place and better prospects of growth and earnings elsewhere can trigger migration. As a result of these close affecting links between factors, each of the eighteen studies - a mix of both theoretical and empirical - is concerned with at least two of these issues, and is classified into one of three general parts in accordance with the theme that is mostly emphasised. The main focus of the papers appearing in the first part of the book is on inequality and its effects on growth, labour market integration and government policies. The book continues by dealing with migration, its determinants and its possible effect on the host country's output, employment and standard of living. Finally, the authors discuss economic growth and its relationship with trade, capital accumulation and internal and external debts. Economists and researchers studying development economics and migration studies will find this original book, with its innovative state-of-the-art studies, of great interest.
Published in 1995, this set of 13 essays on the causes and implications of financial problems in three different economic organizations - corporate, semi-co-operative and non-co-operative farming communities and sovereign states. Areas covered include insolvency and bankruptcy, and risk-sharing/spreading behaviour.
Published in 1995, this set of 13 essays on the causes and implications of financial problems in three different economic organizations - corporate, semi-co-operative and non-co-operative farming communities and sovereign states. Areas covered include insolvency and bankruptcy, and risk-sharing/spreading behaviour.
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