Macroeconomic Performance in a Globalising Economy

Macroeconomic Performance in a Globalising Economy PDF Author: Robert Anderton
Publisher: Cambridge University Press
ISBN: 1139493825
Category : Business & Economics
Languages : en
Pages : 299

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Book Description
The process of globalisation has been ongoing for centuries, but few would doubt that it has accelerated and intensified in recent decades. This acceleration is evidenced as much by the strong synchronicity in the rapid transmission of financial crises starting in late 2007 as it is by the decade of almost unprecedented growth in international trade and financial market liberalisation that preceded it. This book shows how the international economy has become more connected via increased production, trade, capital flows and financial linkages. Using a variety of methodologies, including both panel econometrics and DSGE modelling, a team of experts from academia, central banks and the IMF examine how this increased globalisation has affected competitiveness, productivity, inflation and the labour market. This timely contribution to the globalisation literature provides a longer-term perspective while also evaluating some of the potential implications for policy makers, particularly from a European perspective.

Macroeconomic Performance in a Globalising Economy

Macroeconomic Performance in a Globalising Economy PDF Author: Robert Anderton
Publisher: Cambridge University Press
ISBN: 1139493825
Category : Business & Economics
Languages : en
Pages : 299

Get Book Here

Book Description
The process of globalisation has been ongoing for centuries, but few would doubt that it has accelerated and intensified in recent decades. This acceleration is evidenced as much by the strong synchronicity in the rapid transmission of financial crises starting in late 2007 as it is by the decade of almost unprecedented growth in international trade and financial market liberalisation that preceded it. This book shows how the international economy has become more connected via increased production, trade, capital flows and financial linkages. Using a variety of methodologies, including both panel econometrics and DSGE modelling, a team of experts from academia, central banks and the IMF examine how this increased globalisation has affected competitiveness, productivity, inflation and the labour market. This timely contribution to the globalisation literature provides a longer-term perspective while also evaluating some of the potential implications for policy makers, particularly from a European perspective.

Accelerating the Globalization of America

Accelerating the Globalization of America PDF Author: Catherine Mann
Publisher: Columbia University Press
ISBN: 0881324736
Category : Business & Economics
Languages : en
Pages : 269

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Book Description
Information technology (IT) was key to the superior overall macroeconomic performance of the United States in the 1990s—high productivity, high growth, low inflation, and low unemployment. But IT also played a role in increasing earnings dispersion in the labor market—greatly rewarding workers with high education and skills. This US performance did not happen in a global vacuum. Globalization of US IT firms promoted deeper integration of IT throughout the US economy, which in turn promoted more extensive globalization in other sectors of the US economy and labor market. How will the increasingly globalized IT industry affect US long-term growth, intermediate macro performance, and disparities in the US labor market? What policies are needed to ensure that the United States remains first in innovation, business transformation, and education and skills, which are prerequisites for US economic leadership in the 21st century? This book traces the globalization of the IT industry, its diffusion into the US economy, and the prospects and implications of more extensive technology-enabled globalization of products and services.

Challenges of Growth and Globalization in the Middle East and North Africa

Challenges of Growth and Globalization in the Middle East and North Africa PDF Author: Mr.Hamid R Davoodi
Publisher: International Monetary Fund
ISBN: 9781589062290
Category : Business & Economics
Languages : en
Pages : 44

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Book Description
The Middle East and North Africa (MENA) is an economically diverse region. Despite undertaking economic reforms in many countries, and having considerable success in avoiding crises and achieving macroeconomic stability, the region’s economic performance in the past 30 years has been below potential. This paper takes stock of the region’s relatively weak performance, explores the reasons for this out come, and proposes an agenda for urgent reforms.

Macroeconomic Performance in a Globalising Economy

Macroeconomic Performance in a Globalising Economy PDF Author: Robert Anderton
Publisher:
ISBN: 9780511992636
Category : Electronic books
Languages : en
Pages : 300

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Book Description
Examines how the international economy has become more connected via increased production, trade, capital flows and financial linkages.

Macroeconomics in Emerging Markets

Macroeconomics in Emerging Markets PDF Author: Peter J. Montiel
Publisher: Cambridge University Press
ISBN: 1139498339
Category : Business & Economics
Languages : en
Pages : 779

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Book Description
The macroeconomic experience of emerging and developing economies has tended to be quite different from that of industrial countries. Compared to industrial countries, emerging and developing economies have tended to be much more unstable, with more severe boom/bust cycles, episodes of high inflation and a variety of financial crises. This textbook describes how the standard macroeconomic models that are used in industrial countries can be modified to help understand this experience and how institutional and policy reforms in emerging and developing economies may affect their future macroeconomic performance. This second edition differs from the first in offering: extensive new material on themes such as fiscal institutions, inflation targeting, emergent market crises, and the Great Recession; numerous application boxes; end-of-chapter questions; references for each chapter; more diagrams, less taxonomy, and a more reader-friendly narrative; and enhanced integration of all parts of the work.

Globalisation, Economic Development & the Role of the State

Globalisation, Economic Development & the Role of the State PDF Author: Ha-Joon Chang
Publisher: Zed Books
ISBN: 9781842771433
Category : Business & Economics
Languages : en
Pages : 348

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Book Description
Ha-Joon Chang evaluates the role of the state in economics and development. In this collection of essays, he reviews theories and practices of state intervention as they have developed over two centuries of modern capitalism. He develops an institutionalist approach to the role of the state in economic change, and examines the issues involved in particular settings including industrial policy, trade policy, intellectual property rights, regulation, and strategies towards transnational corporations. He mounts a sophisticated theoretical and historical case for the continuing essential and constructive roles which the state can and must play in economic development.

Macroeconomics

Macroeconomics PDF Author: Frederic S. Mishkin
Publisher: Prentice Hall
ISBN: 9780133424317
Category : Macroeconomics
Languages : en
Pages : 0

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Book Description
For courses in Intermediate Macroeconomics Help students understand macroeconomics in theory as well as practice Macroeconomics: Policy and Practice, Second Edition draws on the rich tapestry of recent economic events to help students understand the policy issues debated by the media and the public at large during these trying times. Building on his expertise in macroeconomic policy making at the Federal Reserve, author Frederic S. Mishkin provides detailed, step-by-step explanations of all models and highlights the techniques used by policy makers in practice. The Second Edition incorporates a wealth of new and updated content, as well as new tools and resources in MyEconLab that bring course material to life. This text provides a better teaching and learning experience--for you and your students. It will help you to: * Personalize learning with MyEconLab: This online homework, tutorial, and assessment program engages students in learning and provides instructors tools to keep students on track. * Enable students to connect theory to practice: An aggregate demand and supply model helps students understand theory, while numerous examples help them understand the applications of theory. * Foster interest via engaging features and updated content: Updates that reflect the latest happenings in the world of economics and student-friendly in-text tools capture student interest. * Teach your course your way: A flexible structure allows instructors to focus on the particular areas of macroeconomics that match their course goals. Note: If you are purchasing the standalone text or electronic version, MyEconLab does not come automatically packaged with the text. To purchase MyEconLab please visit www.myeconlab.com or you can purchase a package of the physical text + MyEconLab by searching for 0133578240 / 9780133578249. MyEconLab is not a self-paced technology and should only be purchased when required by an instructor.

Globalisation and Emerging Economies Brazil, Russia, India, Indonesia, China and South Africa

Globalisation and Emerging Economies Brazil, Russia, India, Indonesia, China and South Africa PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264044817
Category :
Languages : en
Pages : 457

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Book Description
This book analyses key elements of the trade performance of the so-called BRIICS: Brazil, Russia, India, Indonesia, China and South Africa, in relation to the rest of the world, focusing on trade and other policies influencing that performance. It also presents a separate chapter for each country.

Complexities of Financial Globalisation

Complexities of Financial Globalisation PDF Author: Tony Cavoli
Publisher: Routledge
ISBN: 1000067416
Category : Business & Economics
Languages : en
Pages : 331

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Book Description
Since the 1990s, several emerging market and developing economies (EMDEs) have, to varying degrees, embraced the process of financial globalisation, broadly defined as a set of policies that involve allowing for greater openness to cross-border capital flows as well as greater market access to foreign financial institutions. This book provides a systematic empirical analysis on the complex interactions between financial sector development, macroeconomic and financial stability in EMDEs in general and those in the Asian region in particular. The book consists of three sections pertaining to monetary and exchange rate policies under financial globalisation; financial inclusion and macroeconomic policies in the context of financial liberalisation; and finally, the dynamics of foreign direct investment flows and their real impacts in EMDEs. Each of the chapters analyse important economic policy issues of contemporary relevance and is informed by data and rigorous empirical analysis. The book will be appealing to anyone interested in exploring the implications of a key set of issues emanating from financial globalisation on EMDEs in a rigorous but readable manner.

Firms and Workers in a Globalized World

Firms and Workers in a Globalized World PDF Author: Gianmarco I. P. Ottaviano
Publisher: World Scientific Studies in In
ISBN: 9789811233388
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
Globalization is a complex phenomenon involving the mobility of goods, capital, labour and ideas across country borders. From an economic point of view, two waves of globalization have been identified by scholars so far. The first wave materialized between the second half of the Nineteenth century and WWI; the second wave rose after WWII and gained momentum at the end of the Twentieth century before slowing down in the aftermath of the global financial crisis due to renewed protectionist pressures. This collection of essays studies the implications of this second wave of globalization for national economic performance. In doing so, it takes a bottom-up approach, building up the macroeconomic trajectories from the microeconomic effects of globalization on firms and workers. The collected essays highlight the asymmetry of responses across firms and workers between and within industries as well as territories, thus explaining the forces behind the emergence of 'winners' and 'losers' from globalization. The collection shows how state-of-the-art models of international economics and economic geography can be brought to life by addressing several topical issues in the public debate, ranging from regional growth and regional decline to international competition and creative destruction, from innovation patterns to cultural diversity and from immigration to offshoring.