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In line with rapid world economic growth, globalization has led to
a decrease in global income inequality, according to the World
Bank. However, in some contexts, income disparity continues to
rise, proving that a variety of factors can determine wealth and
income across different countries and regions. Social indicators in
particular play a serious role in the development of such
inequalities, though their impacts have previously been of little
interest to economic scholars. Proposing issues that hinder equal
development, Inclusive Developments through Socio-economic
Indicators: New Theoretical and Empirical Insights focuses upon the
roles of different socio-economic indicators in explaining the
convergence or inclusiveness of income across groups of varying
wealth as well as within larger economies. Employing both
theoretical and empirical thinking from across the world,
contributors also provide thought-provoking solutions to pervasive
social, global and economic issues, including sustainable
development. Beneficial for researchers, economists and policy
makers, Inclusive Developments through Socio-economic Indicators:
New Theoretical and Empirical Insights encapsulates the roles of
different socio-economic indicators in justifying the convergence
of income and wealth at a global level.
Most countries in the world today have entered an advanced phase of
globalization with the objective of increasing growth of output and
employment. With the evidence suggesting that this has been the
case at a general level incorporated with a good sign of reducing
income gap at the global level and an acceptable trend towards a
global village, some inequalities across different groups of
economies have been increasing in hand with the resultant increase
in the aggregate pollution levels. The combined effects of these
two negative impacts gives rise to the problem of maintaining
sustainable development. Globalization, Income Distribution and
Sustainable Development: A theoretical and empirical investigation
addresses these feasibility issues of globalization, focusing on
the impact of globalization on income distribution in a wider
perspective and exploring the impact of globalization on
sustainable development in a range of countries across the globe.
With the help of new theories and the latest data, Globalization,
Income Distribution and Sustainable Development asks the question:
Are we eyeing for a better future?
Global Tariff War: Economic, Political and Social Implications
traces the range of impacts that global tariff wars in
international trade can have on the growth and expansion of
national economies. The Global economic and political status quo
has faced turmoil after the US President's 2018 announcement on the
imposition of import tariff steel and aluminium products. Taking as
its core focus the trade war between the USA and China, this book
focuses impact on the rest of the world's economies, and explores
key areas including neo-protectionism, globalization and restricted
trade, inflation volatility, FDI and tariff rates, and the
environmental footprint of global trade tariffs. Having previously
played the role of campaigner in favour of free trade since the
World War II, today's United States has projected itself towards
greater protectionism and patriotism. Conclusions arise that tariff
wars, as well as trade wars, are damaging for national and
transnational economies, as well as other sectors, such as society
and environment. Evidence presented in the work illustrates that
developed countries are impacted more adversely in comparison to
developing zones due to this type of tariff war. Offering a range
of illuminating perspectives from under explored developing
economies being directly affected by these policies, this
collection presents a unique critical insight into this complex and
evolving area of geo-political and economic practice.
Global economic and political systems have been facing serious
threats from different terrorist groups for the last few decades,
and the implications of these incidences are increasing rapidly.
This edited collection seeks to address and analyse the
ramifications of terrorism and terrorist activities on economic and
political systems in terms of the decline in GDP levels, increase
in unnecessary military expenditure at the cost of social and
economic developments, disincentives to the foreign investors, loss
of diplomatic powers at global levels, social unrest, and increase
in youth unemployment, poverty, political violence, and more.
Whilst the book considers the effects of terrorism at a
world-level, there is a specific focus on the economies in the
Afro-Asian regions. This unique coverage of studies in quantitative
economics and political systems offers postgraduate students,
researchers and academics in the fields of political economics,
international relations, and defence studies, among others, the
opportunity to expand their knowledge on the impact of terrorism.
Growth and Developmental Aspects of Credit Allocation: An Inquiry
for Leading Countries and the Indian States focuses on bank credit
and deposit within a variety of economies and specifically examines
Indian states to demonstrate how these two financial components are
linked to their income growths and levels of development. Examining
the world economy on both macro and micro levels, Ramesh Chandra
Das highlights the increase in current world output as well as its
implications for financial indicators and human development across
selected countries. Focusing on credit-deposit ratios, trends of
credit, NPA, GDP, security investments, and the interconnections of
credit with GDP and HDI, Das further locates the link between the
financial and real sectors of the economy that amplifies their
overall progress. Undertaking a micro level study of these
indicators across different states in India, chapters also provide
insight into credit concentration, including security investment by
banks and the inequality in credit allocation, within an Indian
context. Incorporating and applying modern economic theory, Growth
and Developmental Aspects of Credit Allocation: An Inquiry for
Leading Countries and the Indian States presents a ground-breaking
perspective for those interested in banking, finance, macro- and
microeconomics, as well as human development on a global scale.
Since the turn of the 21st century, the global economy has faced
several significant financial crises such as the monetary
mismanagements of the EURO Zone countries struggling with sovereign
debt problems, the Global Financial Crisis between 2007 and 2009
preceded by the housing market collapse, and the Quantitative
Easing Policies used by the US Central Bank. The Impacts of
Monetary Policy in the 21st Century: Perspectives from Emerging
Economies explores and analyses how monetary authorities have
handled and continue to confront these issues of economic crises at
both a global and country-specific level. The book establishes the
effect of monetary policies upon economic indicators during the
21st Century at the global, regional, group or country levels, with
an emphasis upon emerging economies such as India. In looking at
the effects of globalization, demonetization and inflation
targeting through the use of panel regression models, unit root
tests and case studies, the book provides a unique coverage of
quantitative financial economics. The Impacts of Monetary Policy in
the 21st Century is an illuminating book for postgraduate-level
students, researchers and academics in the fields of economics and
finance to help develop their understanding of the severe impact of
monetary policies upon global economic systems and emerging
economies.
Global economic and political systems have been facing serious
threats from different terrorist groups for the last few decades,
and the implications of these incidences are increasing rapidly.
This edited collection seeks to address and analyse the
ramifications of terrorism and terrorist activities on economic and
political systems in terms of the decline in GDP levels, increase
in unnecessary military expenditure at the cost of social and
economic developments, disincentives to the foreign investors, loss
of diplomatic powers at global levels, social unrest, and increase
in youth unemployment, poverty, political violence, and more.
Whilst the book considers the effects of terrorism at a
world-level, there is a specific focus on the economies in the
Afro-Asian regions. This unique coverage of studies in quantitative
economics and political systems offers postgraduate students,
researchers and academics in the fields of political economics,
international relations, and defence studies, among others, the
opportunity to expand their knowledge on the impact of terrorism.
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