Foreign States in Domestic Markets PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Foreign States in Domestic Markets PDF full book. Access full book title Foreign States in Domestic Markets by Mark Thatcher. Download full books in PDF and EPUB format.
Author: Mark Thatcher
Publisher: Oxford University Press
ISBN: 0198786085
Category : Business & Economics
Languages : en
Pages : 192
Get Book Here
Book Description
In Western democracies, decades of privatization, liberalization and internationalization appear to have reduced the role of states in the economy. But the 2000s have seen states return, only this time as foreign investors. The most prominent have been massive sovereign wealth funds, many from the Middle East or Asia, that have taken stakes worth up to $9 trillion, often encouraged by policy makers in recipient countries. The state is back but in a new form that we call 'internationalised statism'. Why would Western governments welcome these sovereign wealth funds into their economies? Do they see them as benign and useful or as economic and national security threats that should be resisted? Governments' policy responses have varied. Britain has welcomed these overseas state funds with open arms. France and Germany have done so more cautiously and directed their investments. The United States, supposedly the most liberal and open economy, has been more reluctant to attract these funds. This book charts the growth of sovereign wealth funds and analyses the very different responses of national governments. It shows that their diverse strategies have roots in domestic politics and political institutions as policymakers use overseas state funds to tackle economic problems that they once addressed within national borders. The book's findings reveal that the liberalization and internationalisation of financial markets not only constrain states but can also empower them. States can cross borders as investors. In turn, national policymakers in recipient countries use overseas state investors as new tools to pursue strategies for governing their domestic economies. Thus, internationalised statism is central to understanding the room for state action in the 21st century. Book jacket.
Author: Mark Thatcher
Publisher: Oxford University Press
ISBN: 0198786085
Category : Business & Economics
Languages : en
Pages : 192
Get Book Here
Book Description
In Western democracies, decades of privatization, liberalization and internationalization appear to have reduced the role of states in the economy. But the 2000s have seen states return, only this time as foreign investors. The most prominent have been massive sovereign wealth funds, many from the Middle East or Asia, that have taken stakes worth up to $9 trillion, often encouraged by policy makers in recipient countries. The state is back but in a new form that we call 'internationalised statism'. Why would Western governments welcome these sovereign wealth funds into their economies? Do they see them as benign and useful or as economic and national security threats that should be resisted? Governments' policy responses have varied. Britain has welcomed these overseas state funds with open arms. France and Germany have done so more cautiously and directed their investments. The United States, supposedly the most liberal and open economy, has been more reluctant to attract these funds. This book charts the growth of sovereign wealth funds and analyses the very different responses of national governments. It shows that their diverse strategies have roots in domestic politics and political institutions as policymakers use overseas state funds to tackle economic problems that they once addressed within national borders. The book's findings reveal that the liberalization and internationalisation of financial markets not only constrain states but can also empower them. States can cross borders as investors. In turn, national policymakers in recipient countries use overseas state investors as new tools to pursue strategies for governing their domestic economies. Thus, internationalised statism is central to understanding the room for state action in the 21st century. Book jacket.
Author: Simone Dietrich
Publisher: Cambridge University Press
ISBN: 1316519201
Category : Business & Economics
Languages : en
Pages : 295
Get Book Here
Book Description
Explores the different choices made by donor governments when delivering foreign aid projects around the world.
Author: Peter J. Katzenstein
Publisher: Cornell University Press
ISBN: 1501700367
Category : Political Science
Languages : en
Pages : 269
Get Book Here
Book Description
By the early 1980s the average American had a lower standard of living than the average Norwegian or Dane. Standards of living in the Netherlands, Belgium, Sweden, Switzerland, and Austria also rivaled those in the United States. How have seven small democracies achieved economic success and what can they teach America? In Small States in World Markets, Peter Katzenstein examines the successes of these economically vulnerable nations of Western Europe, showing that they have managed to stay economically competitive while at the same time preserving their political institutions. Too dependent on world trade to impose protection, and lacking the resources to transform their domestic industries, they have found a third solution. Their rapid and flexible response to market opportunity stems from what Katzenstein calls "democratic corporatism," a mixture of ideological consensus, centralized politics, and complex bargains among politicians, merest groups, and bureaucrats. Democratic corporatism is the solution these nations have developed in response to the economic crises of the 1930s and 1940s, the liberal international economy established after World War II, and the volatile markets of more recent years. Katzenstein maintains that democratic corporatism is an effective way of coping with a rapidly changing world, a more effective way than the United States and several other large industrial countries have yet managed to discover.
Author: Mr.Udaibir S. Das
Publisher: International Monetary Fund
ISBN: 1589069277
Category : Business & Economics
Languages : en
Pages : 330
Get Book Here
Book Description
The book covers a wide range of topics of relevance to policymakers in countries that have sovereign wealth funds (SWFs) and those that receive SWF investments. Renowned experts in the field have contributed chapters. The book is organized around four themes: (1) the role and macrofinancial linkages of SWFs, (2) institutional factors, (3) investment approaches and financial markets, and (4) the postcrisis outlook. The book also discusses the challenges facing sovereign wealth funds in the coming years, from an inside perspective on countries, including Canada, Chile, China, Norway, Russia, and New Zealand. Economics of Sovereign Wealth Funds will contribute to a further understanding of the nature, strategies and behavior of SWFs and the environment in which they operate, as their importance is likely to grow in the coming years.
Author: James M. McCormick
Publisher: Rowman & Littlefield
ISBN: 1442209607
Category : Political Science
Languages : en
Pages : 485
Get Book Here
Book Description
The new edition of this leading reader for courses in American foreign policy offers students an up-to-date, highly accessible introduction to the broad array of domestic factors influencing U.S. policymakers. Editor James M. McCormick has carefully selected two dozen current insightful and sometimes controversial essays by a distinguished group of leading experts-- scholars, journalists and public officials--including 11 new and 7 updated contributions. In his introduction, McCormick evaluates the challenges facing U.S. foreign policy makers in recent years and assesses the Obama Administration's successes and failures in its efforts to pursue a new direction in American foreign policy. The volume is then divided into three major parts with an opening essay by the editor to place each part in context and then a selection of essays that analyzes the topic in that part in more detail. Part I, "The Societal Environment," contains a series of articles on the position of interest groups, the impact of military experience, the effect of public opinion, and the role of elections and political parties on foreign policy. Part II, "The Institutional Setting," examines how various political institutions, such as Congress, the presidency, and various bureaucracies (e.g., the National Security Council, the intelligence community) shape American foreign policy. Part III, "Decision makers and Their Policymaking Positions," provides various case analyses over several administrations to illustrate how individuals and bureaucracies affect the foreign policy decision making at the highest levels of government.
Author: William J. Norris
Publisher: Cornell University Press
ISBN: 1501704028
Category : Political Science
Languages : en
Pages : 316
Get Book Here
Book Description
In Chinese Economic Statecraft, William J. Norris introduces an innovative theory that pinpoints how states employ economic tools of national power to pursue their strategic objectives. Norris shows what Chinese economic statecraft is, how it works, and why it is more or less effective. Norris provides an accessible tool kit to help us better understand important economic developments in the People's Republic of China. He links domestic Chinese political economy with the international ramifications of China’s economic power as a tool for realizing China’s strategic foreign policy interests. He presents a novel approach to studying economic statecraft that calls attention to the central challenge of how the state is (or is not) able to control and direct the behavior of economic actors.Norris identifies key causes of Chinese state control through tightly structured, substate and crossnational comparisons of business-government relations. These cases range across three important arenas of China’s grand strategy that prominently feature a strategic role for economics: China’s efforts to secure access to vital raw materials located abroad, Mainland relations toward Taiwan, and China’s sovereign wealth funds. Norris spent more than two years conducting field research in China and Taiwan during which he interviewed current and former government officials, academics, bankers, journalists, advisors, lawyers, and businesspeople. The ideas in this book are applicable beyond China and help us to understand how states exercise international economic power in the twenty-first century.
Author: David Collins
Publisher: OUP Oxford
ISBN: 0191641669
Category : Law
Languages : en
Pages : 255
Get Book Here
Book Description
This book examines the relatively recent and under-explored phenomenon of outward foreign direct investment (FDI) from the large emerging market countries, focusing on the four BRIC states (Brazil, Russia, India, and China) and on the services sector meaning primarily telecommunications, finance, and transport. It considers the international legal framework governing FDI, discussing the nature and extent of the bilateral and regional investment treaty commitments undertaken by each of the BRIC states, including their commitments under the WTO General Agreement on Trade in Services, as well as their obligations as members of the International Monetary Fund and the World Bank. Drawing on trends observed in the regulatory approach of these countries to FDI in services, including the observed flow of FDI both to and now from the developing world, the book proposes a multilateral investment treaty aimed at the liberalization and protection of FDI in services. The treaty will capture the emerging equilibrium in global FDI patterns signifying a unified approach to the regulation of foreign investment in the growing services economy by developing and developed economies alike. The treaty will strengthen the legitimacy of investor-state dispute settlement and recognize public interest norms such as environmental protection and human rights as well as allow signatories to retain sovereignty over matters relating to national security and economic stability.
Author: United States. Congress. House. Select Committee on Small Business
Publisher:
ISBN:
Category : Petroleum industry and trade
Languages : en
Pages : 1038
Get Book Here
Book Description
May 25 and 26 hearings were held in Dallas, Tex.; July 14 hearing was held in NYC; and Aug. 17 hearing was held in Wichita, Kans.; Nov. 15 and 16 hearings were held in NYC; Continuation of hearings on impact of oil imports on domestic oil and coal production. Includes criticism of U.S. policy of fostering imports by U.S. and Europe of foreign oil. Apr. 24 hearing was held in Jackson, Miss.; Apr. 25 hearing was held in New Orleans, La.; Apr. 26, hearing was held in Lake Charles, and Shreveport, La.; Apr. 27 hearing was held in Little Rock, Ark.; Apr. 28 hearing was held in Oklahoma City, Okla.; and May 2 hearing was held in Santa Fe, N. Mex.
Author: Douglas A. Irwin
Publisher: University of Chicago Press
ISBN: 022639901X
Category : Political Science
Languages : en
Pages : 873
Get Book Here
Book Description
A Foreign Affairs Best Book of the Year: “Tells the history of American trade policy . . . [A] grand narrative [that] also debunks trade-policy myths.” —Economist Should the United States be open to commerce with other countries, or should it protect domestic industries from foreign competition? This question has been the source of bitter political conflict throughout American history. Such conflict was inevitable, James Madison argued in the Federalist Papers, because trade policy involves clashing economic interests. The struggle between the winners and losers from trade has always been fierce because dollars and jobs are at stake: depending on what policy is chosen, some industries, farmers, and workers will prosper, while others will suffer. Douglas A. Irwin’s Clashing over Commerce is the most authoritative and comprehensive history of US trade policy to date, offering a clear picture of the various economic and political forces that have shaped it. From the start, trade policy divided the nation—first when Thomas Jefferson declared an embargo on all foreign trade and then when South Carolina threatened to secede from the Union over excessive taxes on imports. The Civil War saw a shift toward protectionism, which then came under constant political attack. Then, controversy over the Smoot-Hawley tariff during the Great Depression led to a policy shift toward freer trade, involving trade agreements that eventually produced the World Trade Organization. Irwin makes sense of this turbulent history by showing how different economic interests tend to be grouped geographically, meaning that every proposed policy change found ready champions and opponents in Congress. Deeply researched and rich with insight and detail, Clashing over Commerce provides valuable and enduring insights into US trade policy past and present. “Combines scholarly analysis with a historian’s eye for trends and colorful details . . . readable and illuminating, for the trade expert and for all Americans wanting a deeper understanding of America’s evolving role in the global economy.” —National Review “Magisterial.” —Foreign Affairs
Author: United States. Congress. Senate. Committee on Interior and Insular Affairs
Publisher:
ISBN:
Category : Petroleum
Languages : en
Pages : 1840
Get Book Here
Book Description
