Essays on the Regional Implications of Globalization

Essays on the Regional Implications of Globalization PDF Author: Daniel Isaac Chiquiar-Cikurel
Publisher:
ISBN:
Category : Free trade
Languages : en
Pages : 526

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Essays on the Regional Implications of Globalization

Essays on the Regional Implications of Globalization PDF Author: Daniel Isaac Chiquiar-Cikurel
Publisher:
ISBN:
Category : Free trade
Languages : en
Pages : 526

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Book Description


Globalization and Governance

Globalization and Governance PDF Author: Ann Marie Bissessar
Publisher: McFarland
ISBN: 9780786427154
Category : Social Science
Languages : en
Pages : 248

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Book Description
Despite the controversial nature of globalization, there is no doubt that the pace and intensity of global interactions has been multiplied exponentially over the last few decades. Criticism of globalization is generally arranged into three camps: political, economic and cultural. Political critics point to the status of the small state and conclude either that it is in retreat, or that the state has reconstituted itself to confront the challenges posed by globalization, thereby transforming itself into a "competition state." Economic critics hold that globalization is nothing new, that international transactions are in the logic of capitalism and that the trade along the silk route goes back centuries. Cultural critics protest that globalization is taking us headlong into the "homogenization of the world." Others warn of new fault lines that would lead to "a clash of civilizations" and international conflicts along those lines. Others lament that cultural globalization will end with the Americanization of the world. This collection of essays, like the debates themselves, is divided into three parts. The first section focuses on the political aspects of globalization. In one essay, "Globalization and the Caribbean," the essayist argues that internationalization leaves no room for small countries in the Caribbean. The essays in the second section are devoted to an economic inquiry into the process and impact of globalization. In "Inequality and the Division of Gains at the Global Level," one essayist notes that the logic of economic theory is being overwhelmed by the interests of the powerful, and that the concerns of the poor countries are important only to the point where they begin to impact the well-being of the rich. The final section explores the issue of cultural and social integration. Instructors considering this book for use in a course may request an examination copy here.

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.

Essays on the Economic Implications of Globalization

Essays on the Economic Implications of Globalization PDF Author: Kensuke Suzuki
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
The broad objective of this dissertation is to understand the economic implications of globalization, with a particular focus on two key aspects: international migration and trade liberalization. The dissertation is comprised of three chapters. In Chapter 1, my coauthor and I examine the impacts of Japan's immigration policy reforms on labor market outcomes and sectoral production across regions. In Chapters 2 and 3, I analyze the effects of China's trade liberalization, specifically its WTO accession in 2001, with a special emphasis on firms' input trade. Chapter 1 examines the impact of immigrant workers on the regional economies of the host country. We focus on Japan, which has expanded the foreign employment in the total workforce over the last three decades in response to the shrinking domestic workforce. We develop a quantitative spatial model to evaluate the gains of foreign employment, i.e., the consequences of an inflow of foreign workers on aggregate welfare, local wages, employment, and production. Our model features three crucial aspects--occupation, region, and sector--that interact with each other to shape the local labor market and production responses to immigration shocks. We quantify the model using the newly available micro-level data on foreign workers and conduct counterfactual exercises to evaluate the past and future immigration policy reforms. We find that in regions where foreign workers tend to gravitate, there was a substantial negative impact on the wages of low-education domestic workers. At a nationwide level, there is a minimal gain of social welfare. We argue that these results suggest that the Japanese labor market is segmented spatially, particularly for low-education workers. We also highlight the importance of the sectoral dimension in understanding the impact of foreign workers. Specifically, the skewed occupational distribution of foreign workers has pronounced implications on sectors that are intensive in occupations with a larger proportion of foreign workers and sectoral input-output linkage plays a key role in determining the regional impacts. Chapter 2 investigates the decision of firms to import intermediate inputs and their impact on firm performance. Previous research in development economics and international trade has highlighted the benefits of imported inputs for firms, including lower marginal cost of production and positive productivity implications from, e.g., interaction with foreign suppliers. Using Chinese firm-level data from the early 2000s, when trade liberalization occurred, I develop a dynamic structural model of a firm's importing decision that captures both static and dynamic benefits of using imported inputs. I estimate the firm's production function while controlling for unobserved productivity and confirms that the marginal cost of production decreases when using imported inputs (i.e., Ethier's love-of-variety effect), and their use has positive impacts on future productivity. By using the estimated model, I show that subsidizing the fixed cost of importing is more effective in increasing the overall import participation rate than subsidizing the startup sunk cost of importing. Chapter 3 examines the impact of trade liberalization on a firm's intermediate imports and aggregate outcomes, with a focus on heterogeneous impacts across locations within a country. I use Chinese firm-level data covering the period of China's trade reforms following its WTO accession in 2001 and finds that coastal firms, despite their geographic advantage in international trade, are less likely to import, use fewer imports, and spend less on imported inputs than inland firms on average. I also find evidence that coastal firms are less likely to import because domestic inputs are more available than in the inland region. To explain these findings, I develop a spatial general equilibrium model of a firm's input trade, which features multiple regions in a country, endogenous market size, and firm selection. I find that a reduction in international trade costs increases market size and the number of active firms in the coastal region, making the domestic input bundle relatively cheaper. As a result, the model replicates the empirical regularities that coastal firms are less likely to import and use fewer imports than inland firms.

Globalization in the Asian Region

Globalization in the Asian Region PDF Author: Gloria Davies
Publisher: Edward Elgar Publishing
ISBN: 9781781959862
Category : Business & Economics
Languages : en
Pages : 260

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Book Description
For anyone seeking a diverse range of perspectives on globalisation in the Asia-Pacific region, this collection of highly readable essays is a good place to start. Focusing on individual countries, the chapters examine the specific modalities of global integration and the responses of different sections of society in each country. The authors address questions of major importance for democratic societies, such as: the connection between globalisation and the rise of religious extremism; whether globalisation is in reality a new form of imperial preference; who the winners and losers are. These are complemented by three short case studies dealing with Indonesia s unrealised potential, foreign investment in China and patterns in the movement of people between Hong Kong and the mainland. The essays provide a rich source of thought-provoking analysis of the complex cultural and political responses arising from both opportunities provided by globalisation and its more negative impacts. Melanie Beresford, Macquarie University, Australia Globalization in the Asian Region draws confident ragged lines across disciplines, themes and the conventional boundaries of scholarship. The range of material in the anthology is astounding. The diversity and admixture of political positions and approaches is confronting. Contemporary Asia is thus mapped without overgeneralizing a homogenous whole. Paul James, RMIT University, Australia This collection of thoughtful essays provides a reliable picture of the dynamic and often ironic operation of globalization in Asia today and challenges individuals to believe that as communities we have a choice in how we respond and contribute to globalization. The editors highlight the multifaceted nature of globalization and bring to the fore its supraterritoriality. A dozen detailed studies make good on these claims from analyses of American militancy since 9-11, terrorism, and poverty, to case studies on Malaysia, Indonesia, India, Australia, New Zealand, Japan, and China. These essays make clear the interactive nature of globalization as various economic, cultural, and political forces pour into Asian societies while the impact of their responses from exports to currency fluctuations to migration flows to transnational religious movements in turn reshape the selfsame globalization process. Timothy Cheek, University of British Columbia, Canada Bringing together contributors from both the university sector and business-centered research institutions, this comprehensive volume offers diverse perspectives on the impacts and consequences of globalization in different parts of the Asian region. Each chapter offers a substantial account of globalization within a particular nation-state or area in the region. Different understandings underpin the chapters. Some contributors perceive globalization as progress in the form of economically driven processes that have made nations mutually dependent in unprecedented and complex ways. Others emphasize the uneven outcomes of globalization, as well as the stakes for economic growth and social order in the global climate of deepening political and religious divisions since September 2001. General and specialist readers alike will gain an appreciation of the myriad emphases placed on globalization within different nations and from various vantage points. The book showcases diverse styles of discourse and serves to greatly broaden the scope of what can be discussed under the rubric of globalization within a single volume.

From Here to Free Trade

From Here to Free Trade PDF Author: Ernest H. Preeg
Publisher: University of Chicago Press
ISBN: 9780226679624
Category : Business & Economics
Languages : en
Pages : 174

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Book Description
In his new book, Ernest Preeg analyzes international trade and investment in the 1990s and lays out a comprehensive U.S. trade strategy for the uncertain period ahead. He examines the influence of the World Trade Organization (WTO) and argues that economic globalization is beneficial to the U.S. economy in the short- to medium-term while raising important questions about national sovereignty and security over the longer term. Preeg believes regional free trade agreements will soon encompass the majority of world trade, but they can conflict with the WTO's multilateral objectives. The central challenge for U.S. trade strategy, then, is to integrate the now largely separate multilateral and regional tracks of the world trading system. The first essay assesses U.S. interests in economic globalization, the second examines recent steps toward free trade at the multilateral and regional levels, and the next three offer an in-depth critique of U.S. regional free trade objectives in the Americas, across the Pacific, and possibly with Europe. The final essay presents a multilateral/regional synthesis for going from here to free trade over the coming decade.

Economic Globalization and Governance

Economic Globalization and Governance PDF Author: Luís Brites Pereira
Publisher: Springer Nature
ISBN: 3030532658
Category : Business & Economics
Languages : en
Pages : 339

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Book Description
Reflecting the diverse and profound changes triggered by the latest wave of economic globalization, this book highlights various governance responses at national, regional and global levels. The topics covered are wide-ranging and include economic history and development, European integration, exchange rate arrangements, industrial and labor economics, international cooperation and multilateralism, and public choice. The book is divided into three parts: The first part, which contains contributions by Barry Eichengreen and Marc Flandreau, is devoted to economic history. The second part examines open economy macroeconomics with a focus on Europe, including contributions by Jurgen von Hagen and Paul Krugman. The third part presents contributions to international political economy, and related interdisciplinary topics. This Festschrift is written in honor of Jorge Braga de Macedo, Professor Emeritus of Economics at the Nova School of Business and Economics and a distinguished Portuguese academic whose work has an impressive global reach. The contributions, written by a selection of international authors, deal with his oeuvre covering the wide range of topics broached in this book, as his publication record amply attests.

Economic Globalization and Asia

Economic Globalization and Asia PDF Author: Ramkishen S. Rajan
Publisher: World Scientific
ISBN: 9789812795168
Category : Political Science
Languages : en
Pages : 274

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Book Description
The term OC economic globalizationOCO has been discussed extensively in the popular press, by business executives and by policy-makers all over the world. While academic economists have made some excellent contributions to specific, technical aspects of economic globalization, there appears to be a need for economists to discuss the broader aspects of the issue in a more accessible manner. Failing this, the general debate will be informed only by the writings of non-economists. That is the motivation for this book, which is a collection of essays on various aspects of economic globalization in general, but with specific reference to Asia. Contents: Economic Globalization: Finance, Trade and Taxation: Economic Globalization and Small and Open Economies: Finance, Trade and Taxation; International Monetary and Financial Issues in East Asia: International Capital Flows and Regional Contagion: Boom and Bust in East Asia in the 1990s; Liquidity-Enhancing Measures and Monetary Cooperation in East Asia: Rationale and Progress; Choosing the Right Exchange Rate Regime for Small and Open Economies in East Asia; International Trade Issues in Asia: The Nexus Between Trade Liberalization and Poverty in Asia; India''s Decade-Long Trade Reforms: How Does It Compare with Its East Asian Neighbours? (with Rahul Sen); Singapore''s Drive to Form Cross-Regional Trade Pacts: Rationale and Implications (with Rahul Sen); International Trade in Infrastructural Services in East Asia: Telecommunications and Finance; International Tax Issues in Asia: Economic Globalization and Taxation: With Particular Reference to Southeast Asia (with Mukul Asher). Readership: Policy-makers, businessmen, professionals and others with an interest in international economic affairs and international economic policy."

Essays on Regional Integration and Globalisation

Essays on Regional Integration and Globalisation PDF Author: Bruno Amoroso
Publisher:
ISBN:
Category : Europe
Languages : en
Pages : 164

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Book Description


Globalization and Its Discontents

Globalization and Its Discontents PDF Author: Joseph E. Stiglitz
Publisher: W. W. Norton & Company
ISBN: 0393071073
Category : Business & Economics
Languages : en
Pages : 305

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Book Description
This powerful, unsettling book gives us a rare glimpse behind the closed doors of global financial institutions by the winner of the 2001 Nobel Prize in Economics. When it was first published, this national bestseller quickly became a touchstone in the globalization debate. Renowned economist and Nobel Prize winner Joseph E. Stiglitz had a ringside seat for most of the major economic events of the last decade, including stints as chairman of the Council of Economic Advisers and chief economist at the World Bank. Particularly concerned with the plight of the developing nations, he became increasingly disillusioned as he saw the International Monetary Fund and other major institutions put the interests of Wall Street and the financial community ahead of the poorer nations. Those seeking to understand why globalization has engendered the hostility of protesters in Seattle and Genoa will find the reasons here. While this book includes no simple formula on how to make globalization work, Stiglitz provides a reform agenda that will provoke debate for years to come. Rarely do we get such an insider's analysis of the major institutions of globalization as in this penetrating book. With a new foreword for this paperback edition.