Economic Globalization and Political Stability in Developing Countries

Economic Globalization and Political Stability in Developing Countries PDF Author: Nicolas Van de Walle
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 98

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Book Description

Economic Globalization and Political Stability in Developing Countries

Economic Globalization and Political Stability in Developing Countries PDF Author: Nicolas Van de Walle
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 98

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Book Description


How Does Political Instability Affect Economic Growth?

How Does Political Instability Affect Economic Growth? PDF Author: Mr.Ari Aisen
Publisher: International Monetary Fund
ISBN: 1455211907
Category : Business & Economics
Languages : en
Pages : 30

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Book Description
The purpose of this paper is to empirically determine the effects of political instability on economic growth. Using the system-GMM estimator for linear dynamic panel data models on a sample covering up to 169 countries, and 5-year periods from 1960 to 2004, we find that higher degrees of political instability are associated with lower growth rates of GDP per capita. Regarding the channels of transmission, we find that political instability adversely affects growth by lowering the rates of productivity growth and, to a smaller degree, physical and human capital accumulation. Finally, economic freedom and ethnic homogeneity are beneficial to growth, while democracy may have a small negative effect.

International Political Economy and Globalization

International Political Economy and Globalization PDF Author: Syed Javed Maswood
Publisher: World Scientific
ISBN: 9812818723
Category : Political Science
Languages : en
Pages : 258

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Book Description
The second edition of International Political Economy and Globalization is completely revised and updated to include new material on trade, monetary, and environmental issues. It provides a comprehensive treatment of major developments in the global economy and is suitable for adoption as a primer in undergraduate courses in international political economy. The author takes a stand that is supportive of globalization in principle, while acknowledging that there are many areas of inequity that disadvantage developing countries. This is explored in chapters that deal with trade, debt crises, and the environment. Students will find that the material is presented in a readable format that does not presuppose prior familiarity with economics.

Globalization and Poverty

Globalization and Poverty PDF Author: Ann Harrison
Publisher: University of Chicago Press
ISBN: 0226318001
Category : Business & Economics
Languages : en
Pages : 674

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Book Description
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.

The Political Economy of Globalization

The Political Economy of Globalization PDF Author: Satya Dev Gupta
Publisher: Springer Science & Business Media
ISBN: 9780792399032
Category : Political Science
Languages : en
Pages : 372

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Book Description
Globalization is transforming the world at an accelerated pace. Integration of the world continues, widening and intensifying international linkages in economic, political and social relations. Liberalization of trade and fmance, lubricated by revolutionary changes in information technology, has resulted in significant economic growth at the global level. On the other hand, the process of globalization is changing the nature of production relations, threatening the traditional roles of the nation-state, and carrying with it far-reaching implications for sustainable growth, development and the environment. Although both developed and developing countries are actively participating in this saga of globalization, nearly ninety countries, as the United Nations' Human Development Report, 1996 indicates, are worse off economically than they were ten years ago, leading to "global polarization" between haves and have nots. The report further indicates that the gap between the per capita incomes of the industrialized world and the developing countries, far from narrowing, has more than tripled during the last thirty years. Further, a majority of the countries benefitting from this globalization drive have seen a rise in inequality and poverty. This failure of market driven globalization to reward the benefits equitably led the United Nations to proclaim 1996 as the International Year for the Eradication of Poverty (IYEP) and the decade of 1997-2006 as the international decade for the eradication of poverty, and to promote "people-centered sustainable development".

International Political Economy And Globalization (2nd Edition)

International Political Economy And Globalization (2nd Edition) PDF Author: Javed Maswood
Publisher: World Scientific Publishing Company
ISBN: 9813107251
Category : Political Science
Languages : en
Pages : 258

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Book Description
The second edition of International Political Economy and Globalization is completely revised and updated to include new material on trade, monetary, and environmental issues. It provides a comprehensive treatment of major developments in the global economy and is suitable for adoption as a primer in undergraduate courses in international political economy. The author takes a stand that is supportive of globalization in principle, while acknowledging that there are many areas of inequity that disadvantage developing countries. This is explored in chapters that deal with trade, debt crises, and the environment. Students will find that the material is presented in a readable format that does not presuppose prior familiarity with economics.

Global Governance

Global Governance PDF Author: János Hoós
Publisher: Akademiai Kiads
ISBN:
Category : Globalization
Languages : en
Pages : 336

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Book Description
In this sweeping and ambitious study of global governance, Professor Jnos Hos gives an outline account of the social, political, and economical forces that have major impact on the future of the world. He examines why the globalized world, entering the 21st century, brings with it unprecedented economic, social, and security dangers. Fortunately, at the same time, unlimited economic, social, and security developments are equally possible. The fate of mankind, to either eliminate the dangers or utilize the possibilities, depends on the ability to establish and employ responsible efficient global governance. Without such governance, the devastating consequences of globalization may be unavoidable. This book sets forth a theoretical and practical rationale of global governance and also examines existing features of its success and weakness. It elaborates the dilemmas and dangers that global governance must face, and in the last chapter outlines a prospectus for global governance. The bo

Saving Globalization

Saving Globalization PDF Author: Mike Moore
Publisher: John Wiley & Sons
ISBN: 1118179315
Category : Political Science
Languages : en
Pages : 357

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Book Description
Globalization is not new, nor is it a policy, it’s a process that has existed as long as man looked over the horizon, travelled and traded. It can’t be stopped but it can be slowed. It came to a grinding halt in August 1914 and the Marxist detour cost millions of lives and lost three generations their opportunity and hope in many countries. More wealth has been created in the past 60 years than in all of history. After the most successful decade of sustained economic growth in history, this progress is threatened. Extreme inequality, corruption and environmental degradation threaten the stability and legitimacy of many developing countries’ regimes. Anti-globalization and anti-capitalist campaigners’ confidence has been emboldened due to the present economic crisis. Protectionist rhetoric is growing as are the arguments to control and regulate markets. Leaders are meeting to discuss how to face these problems and create a new international architecture. How did we get to this position? What should we do? What is it that determines why some contemporary states are successful while others have failed? Saving Globalization departs from its analysis of the globalised economy in the twenty-first century to answer these question by tracing the development of what Moore considers to be ‘the big ideas of history’: democracy, independent courts, the separation of church and state, property rights, independent courts, a professional civil service, and civil society. Democratic capitalism has worked for most people. Why? It is a remarkable story, from the Greeks to the Geeks, encompassing technological progress and the corrections and contradictions between liberty and equality, technology, growth and the environment. In defence of the many virtues and opportunities that globalisation offers, Mike Moore makes the case for a fresh and new approach to our international Institutions and for domestic policies that promote equity and fairness. The book controversially attacks the new enemies of reason and evidence. The threats now come from all sides, especially workers in developed countries who fear for their jobs. Mike Moore is a political practitioner turned theoretician.

Globalization and Equity

Globalization and Equity PDF Author: Natalia E. Dinello
Publisher: Edward Elgar Publishing
ISBN: 9781781958599
Category : Business & Economics
Languages : en
Pages : 292

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Book Description
'In bringing together seven regional studies by economists from the Global Development Network, Natalia Dinello and Lyn Squire provide an insightful perspective on the relationships between globalization and equity. The topic is important, but too often has been oversimplified and viewed through western lenses. Complexity does not preclude strong conclusions, dubbed the Cairo Consensus here, but its analysis is helped by the mix of expertise and local knowledge embodied in this book.' - Richard Pomfret, University of Adelaide, Australia

The Political-Economy Trilemma

The Political-Economy Trilemma PDF Author: Joshua Aizenman
Publisher:
ISBN:
Category : Capital movements
Languages : en
Pages : 43

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Book Description
This paper investigates Rodrik’s political-economy trilemma: policy makers face a trade-off of choosing two out of three policy goals or governance styles, namely, (hyper-) globalization, national sovereignty, and democracy. We develop a set of indexes that measure the extent of attainment of the three factors for 139 countries in the period of 1975-2016. Using these indexes, we examine the validity of the hypothesis of the political-economy trilemma by testing whether the three trilemma variables are linearly related. We find that, for industrialized countries, there is a linear relationship between globalization and national sovereignty (i.e., a dilemma), and that for developing countries, all three indexes are linearly correlated (i.e., a trilemma). We also investigate whether and how three political-economic factors affect the degree of political and financial stability. The results indicate that more democratic industrialized countries tend to experience more political instability while developing countries tend to be able to stabilize their politics if they are more democratic. The lower level of national sovereignty an industrialized country attains, the more stable its political situation tends to be, while a higher level of sovereignty helps a developing country to stabilize its politics. Globalization brings about political stability for both groups of countries. Furthermore, more globalized countries, whether industrial or developing, tend to experience more financial stability. Future data will allow us to test the possibility of regime changes associated with the post-2016 dynamics.