Globalization of Small Economies as a Strategic Behavior in International Business

Globalization of Small Economies as a Strategic Behavior in International Business PDF Author: Sergio A. Castello
Publisher: Routledge
ISBN: 1136782478
Category : Business & Economics
Languages : en
Pages : 170

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Book Description
This book postulates the proposition that small economies exhibit a higher degree of outward orientation and structural adaptability, compared to their larger counterparts within the context of the European Union and two case studies (i.e. Catalonia and New Zealand). The number of nations has doubled in the last half of the century to around 200 independent economic units. Moreover, the break-up of the former Soviet bloc into a large number of small independent nations in Central and Eastern Europe, and the continued threat of separatist groups (i.e. Canada, Spain, and Sri Lanka) have sparked economists' interest to focus on the size of nations once again. This book offers a more comprehensive measurement of smallness than the conventional one for the analysis of the globalization strategies and flexibility of countries to overcome smallness. Small independent economic units, when economically successful, tend to be more export focused in manufacturing, likely to specialize in differentiated manufactures, more actively involved with direct overseas businesses, more sensitive in strategically managing exchange rates, likely to be in a better position to achieve price stability, more actively involved in international trade through varying degrees of economic integration, likely to have a higher degree of flexibility, more actively involved to forge a complementary government-firm relationship, and likely to have a higher degree of corporatism.

Globalization of Small Economies as a Strategic Behavior in International Business

Globalization of Small Economies as a Strategic Behavior in International Business PDF Author: Sergio A. Castello
Publisher: Routledge
ISBN: 1136782478
Category : Business & Economics
Languages : en
Pages : 170

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Book Description
This book postulates the proposition that small economies exhibit a higher degree of outward orientation and structural adaptability, compared to their larger counterparts within the context of the European Union and two case studies (i.e. Catalonia and New Zealand). The number of nations has doubled in the last half of the century to around 200 independent economic units. Moreover, the break-up of the former Soviet bloc into a large number of small independent nations in Central and Eastern Europe, and the continued threat of separatist groups (i.e. Canada, Spain, and Sri Lanka) have sparked economists' interest to focus on the size of nations once again. This book offers a more comprehensive measurement of smallness than the conventional one for the analysis of the globalization strategies and flexibility of countries to overcome smallness. Small independent economic units, when economically successful, tend to be more export focused in manufacturing, likely to specialize in differentiated manufactures, more actively involved with direct overseas businesses, more sensitive in strategically managing exchange rates, likely to be in a better position to achieve price stability, more actively involved in international trade through varying degrees of economic integration, likely to have a higher degree of flexibility, more actively involved to forge a complementary government-firm relationship, and likely to have a higher degree of corporatism.

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.

Globalization: A Very Short Introduction

Globalization: A Very Short Introduction PDF Author: Manfred B. Steger
Publisher: Oxford University Press
ISBN: 0192589326
Category : Political Science
Languages : en
Pages : 185

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Book Description
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.

International Business and the Eclectic Paradigm

International Business and the Eclectic Paradigm PDF Author: John Cantwell
Publisher: Routledge
ISBN: 1134373414
Category : Business & Economics
Languages : en
Pages : 335

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Book Description
The eclectic paradigm has arguably become the dominant theoretical basis in the study of FDI, multinational corporations and internationalisation over the last two decades. The contributions to this volume evaluate the eclectic paradigm in the global economy and its validity as a theoretical basis to understand developments such as economic globali

Breaking Away: The Case for Secession, Radical Decentralization, and Smaller Polities

Breaking Away: The Case for Secession, Radical Decentralization, and Smaller Polities PDF Author: Ryan McMaken
Publisher: Ludwig von Mises Institute
ISBN: 1610167619
Category : Political Science
Languages : en
Pages : 212

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Book Description
Breaking Away differs from countless other books on secession and decentralization in that it considers examples and benefits of secession and radical decentralization in a much broader historical, geographical, and theoretical context. This book is for anyone interested in how issues of secession and decentralization come up again and again worldwide as communities of human beings seek self-determination, freedom, and economic prosperity. McMaken also examines small states which are often examples of successful cases of secession and radical decentralization. The reader will come away with a better understanding of how political decentralization continues to be relevant, useful, and important in the modern world.

Globalization in State Socialist East Central Europe

Globalization in State Socialist East Central Europe PDF Author: Béla Tomka
Publisher: Springer Nature
ISBN: 3031635248
Category : Electronic books
Languages : en
Pages : 135

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Book Description
This open access Palgrave Pivot explores four major aspects of globalization: foreign trade, capital and information flows, and the movement of people. The book examines how the state socialist countries of East Central Europe fit into the general trend of globalization after WWII. It focuses on three specific countries in the region: Poland, Czechoslovakia, and Hungary. The study also considers conceptual problems: whether recently introduced terms such as 'alternative globalization' and 'socialist proto-globalization' are plausible for interpreting state socialist globalization. Special attention is paid to the study of continuities and discontinuities in the process of globalization in East Central Europe, which is a key issue in current debates. This requires a long-term perspective, so the study covers not only the decades before 1989 but also subsequent developments. In doing so, the book attempts to find a balance between old and new mainstream interpretations: it recognises that East Central European societies experienced considerable globalization during the state socialist era; however, based on empirical findings, instead of 'alternative' or 'proto-' globalization, the book suggests other notions to conceptualize this process, including fragmentation, selectivity, and unevenness. Thus, the proposed understanding could also contribute to discussions on globalization beyond East Central Europe. Béla Tomka is a professor of Contemporary Social and Economic History at the University of Szeged, Hungary. He is the author of 16 books including Welfare in East and West (2004), A Social History of Twentieth-Century Europe (2013, winner of 'Outstanding Academic Title 2013 Award' by Choice, American Library Association), Austerities and Aspirations: A Comparative History of Growth, Consumption and Quality of Life in East Central Europe since 1945 (2020), and the editor of several other volumes. He is the head of the Department of Contemporary History, University of Szeged, co-founder and board member of the International Social History Association, Amsterdam, as well as leader of the History of Globalization Research Group, Budapest-Szeged, established by the Hungarian Academy of Sciences.

The Imagination Machine

The Imagination Machine PDF Author: Martin Reeves
Publisher: Harvard Business Press
ISBN: 1647820871
Category : Business & Economics
Languages : en
Pages : 248

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Book Description
A guide for mining the imagination to find powerful new ways to succeed. We need imagination now more than ever—to find new opportunities, rethink our businesses, and discover paths to growth. Yet too many companies have lost their ability to imagine. What is this mysterious capacity? How does imagination work? And how can organizations keep it alive and harness it in a systematic way? The Imagination Machine answers these questions and more. Drawing on the experience and insights of CEOs across several industries, as well as lessons from neuroscience, computer science, psychology, and philosophy, Martin Reeves of Boston Consulting Group's Henderson Institute and Jack Fuller, an expert in neuroscience, provide a fascinating look into the mechanics of imagination and lay out a process for creating ideas and bringing them to life: The Seduction: How to open yourself up to surprises The Idea: How to generate new ideas The Collision: How to rethink your idea based on real-world feedback The Epidemic: How to spread an evolving idea to others The New Ordinary: How to turn your novel idea into an accepted reality The Encore: How to repeat the process—again and again. Imagination is one of the least understood but most crucial ingredients of success. It's what makes the difference between an incremental change and the kinds of pivots and paradigm shifts that are essential to transformation—especially during a crisis. The Imagination Machine is the guide you need to demystify and operationalize this powerful human capacity, to inject new life into your company, and to head into unknown territory with the right tools at your disposal.

Challenges to Globalization

Challenges to Globalization PDF Author: Robert E. Baldwin
Publisher: University of Chicago Press
ISBN: 0226036553
Category : Business & Economics
Languages : en
Pages : 560

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Book Description
People passionately disagree about the nature of the globalization process. The failure of both the 1999 and 2003 World Trade Organization's (WTO) ministerial conferences in Seattle and Cancun, respectively, have highlighted the tensions among official, international organizations like the WTO, the International Monetary Fund (IMF), the World Bank, nongovernmental and private sector organizations, and some developing country governments. These tensions are commonly attributed to longstanding disagreements over such issues as labor rights, environmental standards, and tariff-cutting rules. In addition, developing countries are increasingly resentful of the burdens of adjustment placed on them that they argue are not matched by commensurate commitments from developed countries. Challenges to Globalization evaluates the arguments of pro-globalists and anti-globalists regarding issues such as globalization's relationship to democracy, its impact on the environment and on labor markets including the brain drain, sweat shop labor, wage levels, and changes in production processes, and the associated expansion of trade and its effects on prices. Baldwin, Winters, and the contributors to this volume look at multinational firms, foreign investment, and mergers and acquisitions and present surprising findings that often run counter to the claim that multinational firms primarily seek countries with low wage labor. The book closes with papers on financial opening and on the relationship between international economic policies and national economic growth rates.

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.

Globalization of Technology

Globalization of Technology PDF Author: Proceedings of the Sixth Convocation of The Council of Academies of Engineering and Technological Sciences
Publisher: National Academies Press
ISBN: 9780309038423
Category : Political Science
Languages : en
Pages : 224

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Book Description
The technological revolution has reached around the world, with important consequences for business, government, and the labor market. Computer-aided design, telecommunications, and other developments are allowing small players to compete with traditional giants in manufacturing and other fields. In this volume, 16 engineering and industrial experts representing eight countries discuss the growth of technological advances and their impact on specific industries and regions of the world. From various perspectives, these distinguished commentators describe the practical aspects of technology's reach into business and trade.