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Book The Asymmetric Global Economy

Download or read book The Asymmetric Global Economy written by Christos C. Paraskevopoulos and published by . This book was released on 2001 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Asymmetries of Globalization

Download or read book The Asymmetries of Globalization written by Pan Yotopoulos and published by Routledge. This book was released on 2007-01-24 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: The discourse on globalization has become polarized. Proponents consider globalization as the silver bullet for targeting growth in the world economy and for poor countries specifically, while opponents see it as the poisoned arrow of exploitation and impoverishment of the Third World. Splendidly edited, The Asymmetries of Globalization deals with the 'what' and 'how' but primarily with 'why' globalization has most often negative outcomes for developing countries. It breaks new ground in approaching globalization not only as trade commodities, but also as trade in positional goods ('decommodified trade.') The two novel and munificent forms of post-Ricardian decommodified trade, trade in services and trade in hard currency in the form of currency substitution, are sculpted in the introductory chapter as the foundation of the systematic asymmetries of globalization. The analytical approach of introducing 'positional goods' in the form of decommodified trade, in the discource on globalization, is original. It is also timely in a situation where the tail of trade in 'services' has grown enough to wag the traditional trade-in-commodities dog of globalization. The balance of the chapters in this volume constitute a tapestry of case studies that elaborate and empirically investigate the causes of systematic asymmetries of globalization. The book's appeal transcends economics to make it also highly useful to students across the disciplines of sociology and political science, especially in the fields of international political economy and the politics of international trade. It will certainly enlighten all those working in the general areas of globalization, poverty and economic development.

Book Asymmetric Demography and the Global Economy

Download or read book Asymmetric Demography and the Global Economy written by J. Fanelli and published by Springer. This book was released on 2015-03-05 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global demographic transition presents marked asymmetries as poor, emerging, and advanced countries are undergoing different stages of transition. Emerging countries are demographically younger than advanced economies. This youth is favorable to growth and generates a demographic dividend. However, the future of emerging economies will bring a decline in the working-age share and a rise in the older population, as is the case in today's developed world. Hence, developing countries must get rich before getting old, while advanced economies must try not to become poorer as they age. Asymmetric Demography and the Global Economy contributes to our understanding of why this demographic transition matters to the domestic macroeconomics and global capital movements affect the asset accumulation, growth potential, current account, and the economy's international investment position. This collaborative collection approaches these questions from the perspective of "systemically important" emerging countries i.e., members of the G20 but considers both the national and the global sides of the problem.

Book Asymmetric Globalization

Download or read book Asymmetric Globalization written by Nancy Birdsall and published by . This book was released on 2014 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper sets out two views of the facts about the effects of globalization on world poverty and inequality. The bottom line: globalization is not the cause, but neither is it the solution to world poverty and inequality. The paper then explores why and how the global economy is stacked against the poor, making globalization asymmetric, at least up to now. It concludes with some ideas about a new agenda of good global politics, an agenda to shape a future global economy and society that is less poor and less unequal - not only because it is more global and competitive, but also because it is more fair and more politically representative.

Book Information Economics

Download or read book Information Economics written by Daniel Shore and published by Freegulls Publishing House. This book was released on with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: In information economics, the focus is on understanding how the distribution, availability, and quality of information impact economic behavior and outcomes. Here are some key concepts to expand on: 1. Asymmetric Information: This occurs when one party in a transaction has more or better information than the other. For example, in a used car market, the seller typically has more information about the car's condition than the buyer. 2. Adverse Selection: Arises when one party in a transaction has more information than the other before the transaction occurs. This can lead to market failure, as the party with less information may make decisions based on incomplete or inaccurate information. 3. Moral Hazard: Occurs when one party changes their behavior after entering into a transaction because they know the other party cannot observe or monitor their actions. For instance, an insured person might take more risks if they know their insurance company will bear the cost of any resulting losses. 4. Signaling and Screening: These are strategies used by parties to convey or acquire information in the presence of asymmetric information. Signaling refers to actions taken by one party to reveal information about themselves, while screening involves efforts by another party to gather information about the first party. Find it more concepts and theories by getting this book!

Book Asymmetric Crisis in Europe and Possible Futures

Download or read book Asymmetric Crisis in Europe and Possible Futures written by Johannes Jäger and published by Routledge. This book was released on 2015-04-10 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: The crisis in Europe is often discussed as a crisis of European integration or a crisis of national economies within Europe. Both the ‘methodological Europeanism’ and ‘methodological nationalism’ miss out the important links between economic and political processes at different spatial scales within Europe, and therefore, asymmetries and phenomena of uneven development. In addition, a discussion of possible scenarios which systematically addresses the implications of anti-crisis policies is missing. This volume seeks to close this gap by systematically integrating the analysis of economic policy or ‘technical’ solutions to the crisis within a broader framework of political economy. It argues that combining critical political economy approaches and post-Keynesian perspectives allows for a systematic understanding of the economic and political dimensions of the crisis. Although both approaches have the capacity to deal with asymmetries and uneven development, the heterogeneity in Europe has been an often largely neglected dimension of analysis. However, this recent crisis has shown that this is an essential dimension which has to be addressed in order to better understand the dynamics of European development and integration. Hence, this book aims to deal with asymmetries in Europe and to bridge the gap between the two perspectives. This work will initiate an integrative debate that is crucial for a deeper understanding of the current crisis and is an important resource for all students and scholars of IPE, European political economy and European politics.

Book Investment Led Growth in China

Download or read book Investment Led Growth in China written by Mr.Ashvin Ahuja and published by International Monetary Fund. This book was released on 2012-11-06 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decade, China’s growth model has become more reliant on investment and its footprint in global imports has widened substantially. Several economies within China’s supply chain are increasingly exposed to its investment-led growth and face growing risks from a deceleration in investment in China. This note quantifies potential global spillovers from an investment slowdown in China. It finds that a one percentage point slowdown in investment in China is associated with a reduction of global growth of just under one-tenth of a percentage point. The impact is about five times larger than in 2002. Regional supply chain economies and commodity exporters with relatively less diversified economies are most vulnerable to an investment slowdown in China. The spillover effects also register strongly across a range of macroeconomic, trade, and financial variables among G20 trading partners.

Book Commercial Policy in an Asymmetric World Economy

Download or read book Commercial Policy in an Asymmetric World Economy written by Tamal Datta Chaudhuri and published by . This book was released on 1985 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Asymmetric Economic Integration

Download or read book Asymmetric Economic Integration written by Snorri Thomas Snorrason and published by Springer Science & Business Media. This book was released on 2012-07-09 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates whether the effects of economic integration differ according to the size of countries. The analysis incorporates a classification of the size of countries, reflecting the key economic characteristics of economies in order to provide an appropriate benchmark for each size group in the empirical analysis of the effects of asymmetric economic integration. The formation or extension of Preferential Trade Areas (PTAs) leads to a reduction in trade costs. This poses a critical secondary question as to the extent to which trade costs differ according to the size of countries. The extent to which membership of PTAs has an asymmetric impact on trade flow according to the size of member countries is analyzed by employing econometric tools and general equilibrium analysis, estimating both the ex-post and ex-ante effects of economic integration on the size of countries, using a data set of 218 countries, 45 of which are European. ?

Book The Market Or the Public Domain

Download or read book The Market Or the Public Domain written by Daniel Drache and published by Psychology Press. This book was released on 2001 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examining the idea of the return, reconstitution and redeployment of the public domain in a post-Seattle, post-Washington consensus world order, this forward-looking book examines the need to rethink the tenants of global free trade.

Book International Trade and Sustainable Development

Download or read book International Trade and Sustainable Development written by Bob Milward and published by Routledge. This book was released on 2019-11-19 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: The contemporary orthodox view of world trade has centred, generally unchallenged, on the ideas of free trade, based on the theoretical construct of comparative advantage. This book will engage in a critique of the orthodox position based on the underlying theoretical economic construct, the historical development of the now developed economies and the morally unsustainable position of the free-trade regime. The author examines alternatives such as Most Favoured Nation and Preferential Trading Agreements before making the argument in favour of Asymmetric Trading, where the underdeveloped economies can develop behind tariff barriers and quotas, whilst the triadic nations maintain a lack of barriers to the exports of these economies. He outlines how such a trading regime would be mutually beneficial in the long term, in the sense that development through industrialisation takes place and the increase in GDP per capita would allow markets for exports to be sustainable, thus widening the market for the goods and services of the developed economies. However, the author demonstrates that free trade actually increases the development gap by maintaining the status quo in terms of the underdeveloped economies specialising in and exporting low value-added primary products and importing high value-added manufactures. The book analyses contemporary and historical data to illustrate how an alternative trading regime can be truly advantageous to both the developed and underdeveloped regions of the world: a global trading regime that is capable of increasing GDP in a sustainable manner without transferring a surplus from the poor to the rich nations and without a long-term commitment on the part of the developed nations to altruism.

Book The Imperative of Development

Download or read book The Imperative of Development written by Geoffrey Gertz and published by Brookings Institution Press. This book was released on 2017-09-12 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: " The achievements and legacy of the Wolfensohn Center for Development at Brookings The Imperative of Development highlights the research and policy analysis produced by the Wolfensohn Center for Development at Brookings. The Center, which operated from 2006 to 2011, was the first home at Brookings for research on international development. It sought to help identify effective solutions to key development challenges in order to create a more prosperous and stable world. Founded by James and Elaine Wolfensohn, the Center’s mission was to “to create knowledge that leads to action with real, scaled-up, and lasting development impact.” This volume reviews the Center’s achievements and lasting legacy, combining highlights of its most important research with new essays that examine the context and impact of that research. Six primary research streams of the Wolfensohn Center’s work are highlighted in The Imperative of Development: the shifting structure of the world economy in the twenty-first century; the challenge of scaling up the impact of development interventions; the effectiveness of development assistance; how to promote economic and social inclusion for Middle Eastern youth; the case for investing in early child development; and the need for global governance reform. In each chapter, a scholar associated with the particular research topic provides an overview of the issue and its broader context, then describes the Center’s work on the topic and the subsequent influence and impact of these efforts. The Imperative of Development chronicles the growth and expansion of the first center for development research in Brookings’s 100-year history and traces how the seeds of this initiative continue to bear fruit. "

Book Asymmetric Trade Negotiations

Download or read book Asymmetric Trade Negotiations written by Sanoussi Bilal and published by Routledge. This book was released on 2016-04-15 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: The slow pace of the Doha Round has boosted the proliferation of regional and bilateral trade agreements. Paradoxically, the more powerful actors, the US and the European Union, who at the same time have benefited the most from the multilateral system, have also been engaged in bilateral and regional negotiations in order to sign WTO-plus agreements with developing countries. Combining a clear theoretical exposition with systematic cross-regional analysis, 'Asymmetric Trade Negotiations' offers a coherent picture of strategic, design and political economy aspects of North-South trade negotiation processes, from African, Asian and Latin American perspectives. Skilled area specialists gather to provide negotiators and policy makers in the South with recommendations, best practices, and benchmarks and contribute to the understanding of these recent processes.

Book Asymmetric Information in Financial Markets

Download or read book Asymmetric Information in Financial Markets written by Ricardo N. Bebczuk and published by Cambridge University Press. This book was released on 2003-08-21 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: Asymmetric information (the fact that borrowers have better information than their lenders) and its theoretical and practical evidence now forms part of the basic tool kit of every financial economist. It is a phenomenon that has major implications for a number of economic and financial issues ranging from both micro and macroeconomic level - corporate debt, investment and dividend policies, the depth and duration of business cycles, the rate of long term economic growth - to the origin of financial and international crises. Asymmetric Information in Financial Markets aims to explain this concept in an accessible way, without jargon and by reducing mathematical complexity. Using elementary algebra and statistics, graphs, and convincing real-world evidence, the author explores the foundations of the problems posed by asymmetries of information in a refreshingly accessible and intuitive way.

Book Globalization  Economic Growth and Innovation Dynamics

Download or read book Globalization Economic Growth and Innovation Dynamics written by Paul J.J. Welfens and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the new global economy, more countries have opened up to international competition and rapid capital flows. However, in the triad the process of globalization is rather asymmetric. With a rising role of multinational companies there are favorable prospects for higher global growth and economic catching-up, respectively. Theoretical analysis suggests key ingredients of sustained growth, but there is also a new concept of a long-term equilibrium income gap in which convergence is rather unlikely. The analysis also picks up European and US labor market issues in the context of economic globalization and raises the question of which EU policies in the field of labor market reform and of innovation policies are adequate.

Book Asymmetric Trade Negotiations

Download or read book Asymmetric Trade Negotiations written by Sanoussi Bilal and published by . This book was released on 2011 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Varieties of Capitalism

Download or read book Varieties of Capitalism written by Peter A. Hall and published by Oxford University Press. This book was released on 2001 with total page 557 pages. Available in PDF, EPUB and Kindle. Book excerpt: Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.