Download or read book Global Linkages written by Warwick J. McKibbin and published by Brookings Institution Press. This book was released on 2011-03-01 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the rapid deterioration of the U.S. trade balance in the 1980s, the United States was forced to finance deficits by borrowing heavily from the rest of the world. In doing so, the United States went from being the world's largest creditor country to the world's largest debtor, while Japan and West Germany experienced a rise in trade surpluses. Such a shift in international trade flows has had profound effects on the world economy. McKibbin and Sachs address a range of issues involving macroeconomic imbalances in the world economy. Through the use of a new simulation model of the world economy they explore how policy actions undertaken in one country affect the trade flows and macroeconomic patterns among the other counties. The authors show that key macroeconomic features of the 1980s can be explained by shifts in monetary and fiscal policies in the major economies and by supply shocks due to changes in oil prices. In addition to showing how the global macroeconomic experience can be understood, they focus on a number of current policy issues, including the reduction of global trade imbalances, the consequences of U.S. fiscal consolidation, the effects of an oil price shock, the implications for the U.S. economy of increases in Japanese and German fiscal spending, the effects of targeting exchange rates among the major currencies, and the gains of increased coordination of macroeconomic politics among the major economies. In several cases, their conclusions are shown to be quite different from those that form the basis of many conventional views. The authors also analyze the importance of interaction between policymakers in industrial economies and conclude by reemphasizing the need for U.S. politicians and policy experts to recognize that macroeconomic results in the U.S. now depend heavily on events abroad.
Download or read book Global Linkages written by Warwick J. McKibbin and published by Brookings Institution Press. This book was released on 1991 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: " With the rapid deterioration of the U.S. trade balance in the 1980s, the United States was forced to finance deficits by borrowing heavily from the rest of the world. In doing so, the United States went from being the world's largest creditor country to the world's largest debtor, while Japan and West Germany experienced a rise in trade surpluses. Such a shift in international trade flows has had profound effects on the world economy. McKibbin and Sachs address a range of issues involving macroeconomic imbalances in the world economy. Through the use of a new simulation model of the world economy they explore how policy actions undertaken in one country affect the trade flows and macroeconomic patterns among the other counties. The authors show that key macroeconomic features of the 1980s can be explained by shifts in monetary and fiscal policies in the major economies and by supply shocks due to changes in oil prices. In addition to showing how the global macroeconomic experience can be understood, they focus on a number of current policy issues, including the reduction of global trade imbalances, the consequences of U.S. fiscal consolidation, the effects of an oil price shock, the implications for the U.S. economy of increases in Japanese and German fiscal spending, the effects of targeting exchange rates among the major currencies, and the gains of increased coordination of macroeconomic politics among the major economies. In several cases, their conclusions are shown to be quite different from those that form the basis of many conventional views. The authors also analyze the importance of interaction between policymakers in industrial economies and conclude by reemphasizing the need for U.S. politicians and policy experts to recognize that macroeconomic results in the U.S. now depend heavily on events abroad. "
Download or read book Global Linkages and Economic Rebalancing in East Asia written by Shigeyuki Hamori and published by World Scientific. This book was released on 2013 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the wake of the global financial crisis, leading industrialized countries have managed to show only a gradual recovery, while East Asian economies have surged ahead. In particular, China achieved growth in excess of 10% in 2010 and is expected to continue growing at a rapid pace. It appears that in the coming years, East Asia will play an even greater role as a growth center leading global economic expansion. Following the Asian currency crisis of 1997OCo98, consumption and investment in the region decreased considerably, and East Asian economies recovered on the strength of exports. Presently, however, amid a less-than-robust recovery in the US and Europe, the sustainability of East Asia''s reliance on export-led growth has been called into question. The region''s transition to growth based on a balance of foreign and domestic demand is important for both building a stronger foundation for sustainable growth and buttressing global economic expansion. Moreover, the rebalancing of demand in East Asia holds the key to rectifying global current account imbalances OCo the disadvantage of uneven international capital flows. This unique volume illuminates policy issues involved in the efforts to promote the rebalancing of demand in East Asia.
Download or read book Changing Global Linkages A New Cold War written by Ms. Gita Gopinath and published by International Monetary Fund. This book was released on 2024-04-05 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global linkages are changing amidst elevated geopolitical tensions and a surge in policies directed at increasing supply chain resilience and national security. Using granular bilateral data, this paper provides new evidence of trade and investment fragmentation along geopolitical lines since Russia’s invasion of Ukraine, and compares it to the historical experience of the early years of the Cold War. Gravity model estimates point to significant declines in trade and FDI flows between countries in geopolitically distant blocs since the onset of the war in Ukraine, relative to flows between countries in the same bloc (roughly 12% and 20%, respectively). While the extent of fragmentation is still relatively small and we do not know how longlasting it will be, the decoupling between the rival geopolitical blocs during the Cold War suggests it could worsen considerably should geopolitical tensions persist and trade restrictive policies intensify. Different from the early years of the Cold War, a set of nonaligned ‘connector’ countries are rapidly gaining importance and serving as a bridge between blocs. The emergence of connectors has likely brought resilience to global trade and activity, but does not necessarily increase diversification, strengthen supply chains, or lessen strategic dependence.
Download or read book Gains from Global Linkages written by Bimal Ghosh and published by Springer. This book was released on 1997-05-13 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: The growth of the services sector in developing countries and their increased participation in trade in services have far-reaching implications for promotion of employment and income and management of international migration. The book brings out these implications in the context of the Uruguay Round Agreement on Trade in Services (GATS) and explains how trade-related temporary movements of persons can be a partial substitute for longer-term migration, serving the interests of both developed and developing countries in a more efficient global economy.
Download or read book Public Health Linkages with Sustainability written by Roundtable on Environmental Health Sciences, Research, and Medicine and published by National Academies Press. This book was released on 2013-08-02 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1992 world leaders met at the Earth Summit in Rio de Janeiro to reaffirm the Declaration of the United Nations Conference on the Human Environment that was established on June 16, 1972 in Stockholm. The meeting resulted in the adoption of Agenda 21 by the member states which is a framework for the transition to a more sustainable world. In 2012 the members gathered to assess and reaffirm the importance of progress towards the efforts of Agenda 21. In response to this the Institute of Medicine's (IOM's) Roundtable on Environmental Health Sciences, Research, and Medicine held a workshop to inform the policies that are discussed at the 2012 Earth Summit. The workshop, held in Woods Hole, Massachusetts on July 25-26, 2011, focused on the issue of sustainability and health as well as the linkages that are currently present between the two. The workshop included presentations and discussions which are summarized in Public Health Linkages with Sustainability: Workshop Summary. The report presents how different areas of public health, such as food and water resources, link to sustainability and opportunities or venues that can be examined.
Download or read book Financial Linkages Remittances And Resource Dependence In East Asia written by Takuji Kinkyo and published by World Scientific. This book was released on 2016-01-06 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this book is to empirically analyse the multifaceted nature of financial linkages in East Asia and to discuss the key policy challenges faced by the region's economies. Although the emphasis is placed on East Asia, some of the chapters cover a broader area of countries depending on the aim of the study. Particular areas of focus in these studies include: the evolution of cross-border financial linkages in East Asia; long-run economic consequences of remittance inflows and natural resource dependence; and policy priorities for the financial integration and management of resource-rich economies.
Download or read book Macro Financial Linkages in the Pacific Region written by Akira Kohsaka and published by Routledge. This book was released on 2015-03-05 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Growth perspectives in emerging market economies are increasingly dependent on international capital flows in recent decades because of their influences on business cycles. In fact, volatile international capital flows has been one of the main concerns for the macroeconomic policy authorities. Focusing on emerging economies in the Pacific region, this book reveals how they are different from those in other regions in terms of international macro-financial linkages to the global capital market and domestic financial development,. The book also discusses how these characteristics have interacted with their macroeconomic policy regimes and their macroeconomic performance throughout the two major international financial crises in the past more than two decades. It suggests facts that have strengthened the resilience of these emerging economies in the Pacific region against the global financial crisis along with the intensified intra-regional economic integration through trade and investment. The book also examines their macroeconomic management focusing on monetary policy regimes and suggests that their factual unorthodox policies with exchange rate management and capital controls have contributed to their resilience against the intrinsic volatility of the international capital market and financial flows.
Download or read book Global Perspectives on Strategic International Partnerships written by Clare Banks and published by . This book was released on 2016-02 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Internationalizing China written by David Zweig and published by Cornell University Press. This book was released on 2018-05-31 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: China began opening to the outside world in 1978. This process was designed to remain under the state's control. But the relative value of goods and services inside and outside China drove cities, enterprises, local governments, andindividuals with comparative advantage in international transactions to seek global linkages. These contacts, David Zweig asserts, led to the deregulation of China's mercantilist regime. Through extensive field research, Zweig surveys the extraordinary changes in four sectors of China's domestic political economy: the establishment of developmentzones, rural joint ventures, the struggle over foreign aid and higher education. He also addresses the crucial question of whether, on balance, internationalization weakens or strengthens state power.
Download or read book Handbook Of Global Financial Markets Transformations Dependence And Risk Spillovers written by Sabri Boubaker and published by World Scientific. This book was released on 2019-06-27 with total page 828 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of this handbook is to provide the readers with insights about current dynamics and future potential transformations of global financial markets. We intend to focus on four main areas: Dynamics of Financial Markets; Financial Uncertainty and Volatility; Market Linkages and Spillover Effects; and Extreme Events and Financial Transformations and address the following critical issues, but not limited to: market integration and its implications; crisis risk assessment and contagion effects; financial uncertainty and volatility; role of emerging financial markets in the global economy; role of complex dynamics of economic and financial systems; market linkages, asset valuation and risk management; exchange rate volatility and firm-level exposure; financial effects of economic, political and social risks; link between financial development and economic growth; country risks; and sovereign debt markets.
Download or read book Global Financial Stability Report April 2008 written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2008-04-08 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: The events of the past six months have demonstrated the fragility of the global financial system and raised fundamental questions about the effectiveness of the response by private and public sector institutions. The report assesses the vulnerabilities that the system is facing and offers tentative conclusions and policy lessons. The report reflects information available up to March 21, 2008.
Download or read book Rural Urban Linkages for Sustainable Development written by Armin Kratzer and published by Routledge. This book was released on 2020-09-23 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book critically examines different forms of urban-rural links for sustainable development in different countries. As intertwined processes of globalization, digitalization, environmental challenges and the search for sustainable development continue, rural and urban areas around the world become increasingly interconnected and interdependent. This book contributes to understanding the role of this growing interconnectedness from an economic geographical perspective. It does so by theoretically and empirically addressing the various existing linkages, such as food networks, value chains, and regional governance at local, regional, national and international levels. In doing so, contributions extend and contrast existing approaches dealing with urban and rural areas separately by considering the interplay between these two as well as their consequences for sustainability transition pathways. This edited volume adds to the academic and policy debate by bringing together a variety of concepts and themes in order to shift the research and policy agenda away from simple dichotomy to different notions of rural-urban linkages. Offering multidisciplinary insights into rural-urban linkages, the book will be of interest to decision-makers, practitioners and researchers in the fields of economic geography, regional planning, food studies and economics.
Download or read book International Environmental Cooperation and The Global Sustainability Capital Framework written by Chenaz B. Seelarbokus and published by Elsevier. This book was released on 2021-05-17 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt: International Environmental Cooperation and the Global Sustainability Capital Framework offers an integrated analysis of international environmental cooperation (IEC) and global sustainability. From a strategic management perspective, the book develops the Sustainability Capital Framework for IEC and global sustainability. The book provides an in-depth examination of the significance of state participation in international environmental agreements (IEAs), and analyzes the structure, life cycle, and evolution of IEAs. Through the Sustainability Capital Framework, the book delineates the core drivers, barriers, incentives, and critical success factors for IEC and global sustainability. - Develops the Sustainability Capital Framework for IEC and global sustainability from a strategic management perspective - Discusses the imperative for IEC through the novel lens of our common vulnerabilities and contingent survivability in the face of global environmental change - Presents a detailed discussion of the structure, life cycle, and evolution of IEAs - Identifies the core drivers, barriers, incentives, and critical success factors for IEC and global sustainability - Analyzes the human and environmental impacts of war, a core barrier to IEC and global sustainability - Highlights the human and moral dimensions of global sustainability
Download or read book Competition Policy in the Global Economy written by William S. Comanor and published by Routledge. This book was released on 2005-10-26 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines the complexities involved when international co-ordination and harmonization of competition law and policy are considered.
Download or read book Dealing with the Challenges of Macro Financial Linkages in Emerging Markets written by Otaviano Canuto and published by World Bank Publications. This book was released on 2013-10-29 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with the challenges of macro financial linkages in the emerging markets.
Download or read book CIVICUS Global Survey of the State of Civil Society Comparative perspectives written by Volkhart Heinrich and published by Kumarian Press. This book was released on 2007 with total page 457 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second volume of the CIVICUS Global Survey of the State of Civil Societyoffers a wide-ranging analysis of key issues facing civil society worldwide with contributions from prominent researchers and civil society practitioners. Comprising 24 chapters, the book draws on the information collected by the CIVICUS Civil Society Index project in more than 45 countries to explore issues such as civil society "s accountability, its relations to the state and corporate sector and its role in governance and development. It also includes regional overviews of the state of civil society in different continents. By bringing together a diversity of perspectives and themes, this book offers one of the most comprehensive and engaging analyses of civil society worldwide. Other Contributors: Helmut Anheier, Stefanie Bailer, Monica Blagescu, Thilo Bodenstein, David Bonbright, L. David Brown, Jerzy Celichowski, Julius Court, Wolfgang D rner, Alan Fowler, Marc M. Howard, Mohini Kak, Mahi Khallaf, Natalia Kiryttopoulou, Petr Kopecky, Barry Knight, Carmen Malena, Jacob Mati, Cas Mudde, Kumi Naidoo, Paul Opoku-Mensah, Aruna Rao, Laurie Regelbrugge, Janine Schall-Emden, Andres Serbin, Catherine Shea, Carla Suarez, Rajesh Tandon, –zlem T r, and Jan van Deth.
