Download or read book Globalization at Risk written by Gary Clyde Hufbauer and published by Yale University Press. This book was released on 2010-10-19 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: History has declared globalization the winner of the 20th century. Globalization connected the world and created wealth unimaginable in the wake of the Second World War. But the financial crisis of 2008-09 has now placed at risk the liberal economic policies behind globalization. Engulfing the entire world, the crisis gave new fuel to the skeptics of the benefits of economic integration. Policy responses seem to favor anti-globalizers. New regulations could balkanize the global financial system, while widespread protectionist impulses might undo the Doha Round. Issues from climate change to national security may be used as convenient excuses to keep imports out, keep jobs at home, and to clamp down on global capital. Will globalization triumph or perish in the 21st century? What reforms make sense in the post-crisis world?International economists Gary Clyde Hufbauer and Kati Suominen argue that globalization has been a force of great good, one that needs to be actively advanced and honed. Drawing on the latest economic analyses, they reveal the drivers and effects of global finance and trade, lay out the key risks to globalization, and offer a practical policy roadmap for managing the challenges while increasing the gains. Vital reading for anyone in business, finance, foreign affairs, or economics, Globalization at Risk is sure to advance public debate on this defining issue of the 21st century.

Download or read book Managing Country Risk in an Age of Globalization written by Michel Henry Bouchet and published by Springer. This book was released on 2018-08-04 with total page 542 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an up-to-date guide to managing Country Risk. It tackles its various and interlinked dimensions including sovereign risk, socio-political risk, and macroeconomic risk for foreign investors, creditors, and domestic residents. It shows how they are accentuated in the global economy together with new risks such as terrorism, systemic risk, environmental risk, and the rising trend of global volatility and contagion. The book also assesses the limited usefulness of traditional yardsticks of Country Risk, such as ratings and rankings, which at best reflect the market consensus without predictive value and at worst amplify risk aversion and generate crisis contamination. This book goes further than comparing a wide range of risk management methods in that it provides operational and forward-looking warning signs of Country Risk. The combination of the authors’ academic and market-based backgrounds makes the book a useful tool for scholars, analysts, and practitioners.

Download or read book Democracy under Threat written by Ursula van Beek and published by Palgrave Macmillan. This book was released on 2019-01-19 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses some of the most pressing questions of our time: Is democracy threatened by globalisation? Is there a legitimacy crisis in contemporary democracies? Is the welfare state in individual countries under pressure from global trends? What are the implications of high-level migration and rising populism for democracy? Does authoritarianism pose a challenge? The volume builds on a cross-cultural study of democracy conducted by the Transformation Research Unit (TRU) at Stellenbosch University in South Africa for nearly twenty years. Three of the countries studied – South Africa, Turkey and Poland – receive individual attention as their respective democracies appear to be the most vulnerable at present. Germany, Sweden, Chile, South Korea and Taiwan are assessed in their regional contexts. Further insights are gained by examining the impact on democracy of the global screen culture of Television and the Internet, and by pointing out the lessons democracy should learn from diplomacy to fare better in the future. The book will appeal to both students and practitioners of democracy as well as the general reader.

Download or read book The Cyber Threat and Globalization written by Jack A. Jarmon and published by Rowman & Littlefield. This book was released on 2018-06-26 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the post-industrial age, information is more valuable than territory and has become the main commodity influencing geopolitics today. The reliance of societies on cyberspace and information and communication technologies (ICTs) for economic prosperity and national security represents a new domain of human activity and conflict. Their potential as tools of social disruption and the low cost of entry of asymmetric conflict have forced a paradigm shift. The Cyber Threat and Globalization is designed for students of security studies and international relations, as well as security professionals who want a better grasp of the nature and existential threat of today’s information wars. It explains policies and concepts, as well as describes the threats posed to the U.S. by disgruntled employees, hacktivists, criminals, terrorists, and hostile governments. Features Special textboxes provide vignettes and case studies to illustrate key concepts. Opinion pieces, essays, and extended quotes from noted subject matter experts underscore the main ideas. Written to be accessible to students and the general public, concepts are clear, engaging, and highly practical.

Download or read book Challenge and Change written by Norma C. Noonan and published by Springer. This book was released on 2016-11-11 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume addresses how the state system, the organizing political institution in world politics, copes with challenges of rapid change, unanticipated crises, and general turmoil in the twenty-first century. These disruptions are occurring against the background of declining US influence and the rising power of countries in Asia, Africa, and Latin America. Traditional inter-state security concerns coexist with new security preoccupations, such as rivalries likely to erupt over the resources of the global commons, the threat of cyber warfare, the ever-present threat of terrorism, and the economic and social repercussions of globalization. The contributors explore these key themes and the challenges posed by rapid change.

Download or read book Globalization and Poverty written by Ann Harrison and published by University of Chicago Press. This book was released on 2007-11-01 with total page 674 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.

Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

Download or read book Globalization Under Threat written by Zdenek Drábek and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Globalisation Under Threat written by Zdenek Drabek and published by Edward Elgar Publishing. This book was released on 2001-01-01 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: The events in Seattle and other cities around the world demonstrate that globalisation and trade liberalisation are currently under severe pressure. There are also reasons to believe that these pressures are being translated into measures to increase the protection of domestic markets. This book addresses what are arguably the four most important origins of these pressures: macroeconomic conditions, labour policy, trade and the environment, and market imperfections. The authors first address the role of macroeconomic conditions and policies, and demonstrate how these can have a crucial role in explaining 'slippages' of trade policy. The second origin of instability is labour policy, in particular the pressures to introduce universal labour standards. The third economic origin the book considers is the relationship between trade and the environment and the attempts to link trade policies to environmental standards. The fourth origin of protectionist pressure comes from the presence of various market imperfections and the extent to which they affect competition. The authors conclude that multilateral agreements can be extremely helpful in creating the right environment for equitable trade policies, but warn that complete success can only be achieved once major hurdles are overcome in the highly controversial and politically sensitive areas of labour, environment and competition.

Download or read book Globalization And Systemic Risk written by Douglas D Evanoff and published by World Scientific. This book was released on 2009-01-05 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: The impact of globalization of financial markets is a highly debated topic, particularly in recent months when the issue of globalization and contagion of financial distress has become a focus of intense policy debate. The papers in this volume provide an up-to-date overview of the key issues in this debate. While most of the contributions were prepared after the initial outbreak of the current global turmoil and financial crisis, they identify the relative strengths of the risk diversification and risk transmission processes and examine the empirical evidence to date. The book considers the relative roles of banks, nonbank financial institutions and capital markets in both risk diversification and risk transmission. It then evaluates the current status of crisis resolution in a global context, and speculates where to go from here in terms of understanding, resolution, prevention and public policy.

Download or read book The Butterfly Defect written by Ian Goldin and published by Princeton University Press. This book was released on 2015-10-20 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: How to better manage systemic risks—from cyber attacks and pandemics to financial crises and climate change—in a globalized world The Butterfly Defect addresses the widening gap between the new systemic risks generated by globalization and their effective management. It shows how the dynamics of turbo-charged globalization has the potential and power to destabilize our societies. Drawing on the latest insights from a wide variety of disciplines, Ian Goldin and Mike Mariathasan provide practical guidance for how governments, businesses, and individuals can better manage globalization and risk. Goldin and Mariathasan demonstrate that systemic risk issues are now endemic everywhere—in supply chains, pandemics, infrastructure, ecology and climate change, economics, and politics. Unless we address these concerns, they will lead to greater protectionism, xenophobia, nationalism, and, inevitably, deglobalization, rising inequality, conflict, and slower growth. The Butterfly Defect shows that mitigating uncertainty and risk in an interconnected world is an essential task for our future.

Download or read book Global Disorder written by Robert Harvey and published by Carroll & Graf Pub. This book was released on 2003 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: A hard-hitting analysis of the dangers presented by globalism, nationalism, and terrorism offers a sobering perspective on a world in danger and a nation faced with defending itself.

Download or read book Financial Derivatives and the Globalization of Risk written by Benjamin Lee and published by Duke University Press. This book was released on 2004-09-29 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: The market for financial derivatives is far and away the largest and most powerful market in the world, and it is growing exponentially. In 1970 the yearly valuation of financial derivatives was only a few million dollars. By 1980 the sum had swollen to nearly one hundred million dollars. By 1990 it had climbed to almost one hundred billion dollars, and in 2000 it approached one hundred trillion. Created and sustained by a small number of European and American banks, corporations, and hedge funds, the derivatives market has an enormous impact on the economies of nations—particularly poorer nations—because it controls the price of money. Derivatives bought and sold by means of computer keystrokes in London and New York affect the price of food, clothing, and housing in Johannesburg, Kuala Lumpur, and Buenos Aires. Arguing that social theorists concerned with globalization must familiarize themselves with the mechanisms of a world economy based on the rapid circulation of capital, Edward LiPuma and Benjamin Lee offer a concise introduction to financial derivatives. LiPuma and Lee explain how derivatives are essentially wagers—often on the fluctuations of national currencies—based on models that aggregate and price risk. They describe how these financial instruments are changing the face of capitalism, undermining the power of nations and perpetrating a new and less visible form of domination on postcolonial societies. As they ask: How does one know about, let alone demonstrate against, an unlisted, virtual, offshore corporation that operates in an unregulated electronic space using a secret proprietary trading strategy to buy and sell arcane financial instruments? LiPuma and Lee provide a necessary look at the obscure but consequential role of financial derivatives in the global economy.

Download or read book Globalization in the 21st Century written by Emirates Center for Strategic Studies and Research and published by Emirates Center for Strategic Studies and Research. This book was released on 2009-01-15 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: An ongoing and pervasive phenomenon, globalization is redefining the economic, social and cultural dynamics of contemporary societies in complex ways. The process of globalization is generally considered beneficial, but it is also viewed in some quarters as a threat to national sovereignty and indigenous culture. Although globalization has largely arisen as a result of greater stability and security, its key developments can also be deployed towards the opposite end. Without global integration, for example, terrorist groups would find it much more difficult to unobtrusively communicate, travel and transfer money and materials. Globalization has also facilitated illegal international trade, be it in materials, people or money. Here experts discuss globalization and its economic foundations and manifestations; migration and freedom of mobility; the social implications of globalization; politics in a globalized international system; new security threats resulting from globalization; and evolving national and commercial global responsibilities. Globalization in the 21st Century is essential for all those interested in international relations, politics and change in the twenty-first century.

Download or read book Global Economic Prospects 2007 written by World Bank and published by World Bank Publications. This book was released on 2006 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the next 25 years developing countries will move to center stage in the global economy. Global Economic Prospects 2007 analyzes the opportunities - and stresses - this will create. While rich and poor countries alike stand to benefit, the integration process will make more acute stresses already apparent today - in income inequality, in labor markets, and in the environment. Over the next 25 years, rapid technological progress, burgeoning trade in goods and services, and integration of financial markets create the opportunity for faster long-term growth. However, some regions, notably Africa, are at risk of being left behind. The coming globalization will also see intensified stresses on the "global commons." Addressing global warming, preserving marine fisheries, and containing infectious diseases will require effective multilateral collaboration to ensure that economic growth and poverty reduction proceed without causing irreparable harm to future generations."

Download or read book Globalization A Very Short Introduction written by Manfred B. Steger and published by Oxford University Press. This book was released on 2020-05-28 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: We live today in an interconnected world in which ordinary people can became instant online celebrities to fans thousands of miles away, in which religious leaders can influence millions globally, in which humans are altering the climate and environment, and in which complex social forces intersect across continents. This is globalization. In the fifth edition of his bestselling Very Short Introduction Manfred B. Steger considers the major dimensions of globalization: economic, political, cultural, ideological, and ecological. He looks at its causes and effects, and engages with the hotly contested question of whether globalization is, ultimately, a good or a bad thing. From climate change to the Ebola virus, Donald Trump to Twitter, trade wars to China's growing global profile, Steger explores today's unprecedented levels of planetary integration as well as the recent challenges posed by resurgent national populism. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.

Download or read book Consensus or Conflict written by Huiyao Wang and published by Springer Nature. This book was released on 2021-09-28 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book brings together leading international scholars and policy-makers to explore the challenges and dilemmas of globalization and governance in an era increasingly defined by economic crises, widespread populism, retreating internationalism, and a looming cold war between the United States and China. It provides the diversity of views on those widely concerned topics such as global governance, climate change, global health, migration, S&T revolution, financial market, and sustainable development. It is a truly unique book. Never before has such an authoritative group of essayists come together to develop deep new thinking about global governance that is relevant to current shared global challenges. They express deep concerns about the historically unprecedented upheavals in the world. They describe the unparalleled turbulence that mankind is facing in the form of multiple crises, any one of which has the potential to bring civilization to its knees. The most obvious of these is the threat posed by climate change. They spell out why these perils pose a stark choice for the human race. They stress how any path that leads to conflict increases the risk of catastrophe. In this context, the common thread is that a consensus must be reached about the future of our world. They have put forward many ideas and potential new policies, reflecting their vision of what this consensus should be and how it is the only way forward for the human race.