Author: Allan Webster
Publisher: Routledge
ISBN: 1135095833
Category : Business & Economics
Languages : en
Pages : 261
Book Description
The chapters in this edited collection, first published in 1990, examine the key aspects of change in the global economy at the end of the twentieth century and the role of national government policies in this. Drawing on material from a wide range of disciplines, including international trade, technology and economic history, the authors discuss the implications of these changes for the world’s leading capitalist economies. With an analysis of the prospects for the future, this relevant title will be of particular value to students of business studies and economics and those researching the global economy over the past thirty years.
Structural Change in the World Economy (Routledge Revivals)
Author: Allan Webster
Publisher: Routledge
ISBN: 1135095833
Category : Business & Economics
Languages : en
Pages : 261
Book Description
The chapters in this edited collection, first published in 1990, examine the key aspects of change in the global economy at the end of the twentieth century and the role of national government policies in this. Drawing on material from a wide range of disciplines, including international trade, technology and economic history, the authors discuss the implications of these changes for the world’s leading capitalist economies. With an analysis of the prospects for the future, this relevant title will be of particular value to students of business studies and economics and those researching the global economy over the past thirty years.
Publisher: Routledge
ISBN: 1135095833
Category : Business & Economics
Languages : en
Pages : 261
Book Description
The chapters in this edited collection, first published in 1990, examine the key aspects of change in the global economy at the end of the twentieth century and the role of national government policies in this. Drawing on material from a wide range of disciplines, including international trade, technology and economic history, the authors discuss the implications of these changes for the world’s leading capitalist economies. With an analysis of the prospects for the future, this relevant title will be of particular value to students of business studies and economics and those researching the global economy over the past thirty years.
The Palgrave Handbook of Development Economics
Author: Machiko Nissanke
Publisher: Springer
ISBN: 3030140008
Category : Business & Economics
Languages : en
Pages : 918
Book Description
This Handbook responds to the needs and aspirations of current and future generations of development economists by providing critical reference material alongside or in relation to mainstream propositions. Despite the potential of globalisation in accelerating growth and development in low and middle-income countries through the spread of technology, knowledge and information, its current practice in many parts of the world has led to processes that are socially, economically and politically and ecologically unsustainable. It is critical for development economists to engage with the pivotal question of how to change the nature and course of globalisation to make it work for inclusive and sustainable development. Applying a critical and pluralistic approach, the chapters in this Handbook examine economics of development paths under globalisation, focusing on sustainable development in social, environmental, institutional and political economy dimensions. It aims at advancing the frontier of development economics in these key aspects and generating more refined policy perspectives. It is critically reflective in examining effects of globalisation on development paths to date, and in terms of methodological and analytical approaches, as well as forward-thinking in policy perspectives with a view to laying a foundation for sustainable development.
Publisher: Springer
ISBN: 3030140008
Category : Business & Economics
Languages : en
Pages : 918
Book Description
This Handbook responds to the needs and aspirations of current and future generations of development economists by providing critical reference material alongside or in relation to mainstream propositions. Despite the potential of globalisation in accelerating growth and development in low and middle-income countries through the spread of technology, knowledge and information, its current practice in many parts of the world has led to processes that are socially, economically and politically and ecologically unsustainable. It is critical for development economists to engage with the pivotal question of how to change the nature and course of globalisation to make it work for inclusive and sustainable development. Applying a critical and pluralistic approach, the chapters in this Handbook examine economics of development paths under globalisation, focusing on sustainable development in social, environmental, institutional and political economy dimensions. It aims at advancing the frontier of development economics in these key aspects and generating more refined policy perspectives. It is critically reflective in examining effects of globalisation on development paths to date, and in terms of methodological and analytical approaches, as well as forward-thinking in policy perspectives with a view to laying a foundation for sustainable development.
Digital Transformation and the World Economy
Author: Andrei Rudskoi
Publisher: Springer Nature
ISBN: 3030898326
Category : Business & Economics
Languages : en
Pages : 243
Book Description
Nanotechnology, biotechnology, information technology, and cognitive sciences are contributing to the emergence of intelligent computers and robots with elements of artificial intelligence and intelligent machines. This book postulates that these developments are accelerating the technological substitution of jobs and the shift in labor demand towards high qualification levels, putting the jobs of lower-skilled labor at risk. The digital economy is poised to increase the demand for highly qualified specialists in STEM fields (scientific research, innovative technologies, engineering, and mathematics serving digital technologies). In addition, highly skilled robotics engineers, AI and machine learning specialists, and virtual and augmented reality architects will be required. This book, using sector-focused mathematical models, explores how the demand for specialized human capital will play a decisive role in increasing the efficiency and productivity of labor in the digital economy. Success is guaranteed to those entrepreneurs who manage to establish a successful process of interaction with intelligent machines, which will require a deep restructuring of the training system for the digital economy.
Publisher: Springer Nature
ISBN: 3030898326
Category : Business & Economics
Languages : en
Pages : 243
Book Description
Nanotechnology, biotechnology, information technology, and cognitive sciences are contributing to the emergence of intelligent computers and robots with elements of artificial intelligence and intelligent machines. This book postulates that these developments are accelerating the technological substitution of jobs and the shift in labor demand towards high qualification levels, putting the jobs of lower-skilled labor at risk. The digital economy is poised to increase the demand for highly qualified specialists in STEM fields (scientific research, innovative technologies, engineering, and mathematics serving digital technologies). In addition, highly skilled robotics engineers, AI and machine learning specialists, and virtual and augmented reality architects will be required. This book, using sector-focused mathematical models, explores how the demand for specialized human capital will play a decisive role in increasing the efficiency and productivity of labor in the digital economy. Success is guaranteed to those entrepreneurs who manage to establish a successful process of interaction with intelligent machines, which will require a deep restructuring of the training system for the digital economy.
Multisector Growth Models
Author: Terry L. Roe
Publisher: Springer Science & Business Media
ISBN: 0387773584
Category : Business & Economics
Languages : en
Pages : 333
Book Description
The primary objective of this book is to advance the state of the art in specifying and ?tting to data structural multi-sector dynamic macroeconomic models, and empirically implementing them. The fundamental construct upon which we build is the Ramsey model. A most attractive feature of this model is the insights it provides into the dynamics of an economy in tr- sition to long-run equilibrium. With some exceptions, Ramsey models are highly aggregated – typically single sector models. However, interest often lies in understanding the forces of e- nomic growth across multiple sectors of an economy and on how policy impacts likely play out over time. Such analyses call for moredisaggregatedmodelsthatcanbe?ttocountryorregional data.Thisbookshowshowto:(i)extendthebasicmodeltom- tiple sectors, (ii) how to adapt the basic model to account for policy instruments, and (iii) ?t the model to data, and obtain equilibrium values both forward and backward in time from the data points to which the model is initially ?t.
Publisher: Springer Science & Business Media
ISBN: 0387773584
Category : Business & Economics
Languages : en
Pages : 333
Book Description
The primary objective of this book is to advance the state of the art in specifying and ?tting to data structural multi-sector dynamic macroeconomic models, and empirically implementing them. The fundamental construct upon which we build is the Ramsey model. A most attractive feature of this model is the insights it provides into the dynamics of an economy in tr- sition to long-run equilibrium. With some exceptions, Ramsey models are highly aggregated – typically single sector models. However, interest often lies in understanding the forces of e- nomic growth across multiple sectors of an economy and on how policy impacts likely play out over time. Such analyses call for moredisaggregatedmodelsthatcanbe?ttocountryorregional data.Thisbookshowshowto:(i)extendthebasicmodeltom- tiple sectors, (ii) how to adapt the basic model to account for policy instruments, and (iii) ?t the model to data, and obtain equilibrium values both forward and backward in time from the data points to which the model is initially ?t.
The World Economy
Author: Dale W. Jorgenson
Publisher: Cambridge University Press
ISBN: 1107143349
Category : Business & Economics
Languages : en
Pages : 597
Book Description
The first long-term analysis of the process of structural change and productivity growth in Asia, Europe, Latin America and the USA.
Publisher: Cambridge University Press
ISBN: 1107143349
Category : Business & Economics
Languages : en
Pages : 597
Book Description
The first long-term analysis of the process of structural change and productivity growth in Asia, Europe, Latin America and the USA.
The Global Trade Slowdown
Author: Cristina Constantinescu
Publisher: International Monetary Fund
ISBN: 1498399134
Category : Business & Economics
Languages : en
Pages : 44
Book Description
This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses an empirical strategy based on an error correction model to assess whether the global trade slowdown is structural or cyclical. An estimate of the relationship between trade and income in the past four decades reveals that the long-term trade elasticity rose sharply in the 1990s, but declined significantly in the 2000s even before the global financial crisis. These results suggest that trade is growing slowly not only because of slow growth of Gross Domestic Product (GDP), but also because of a structural change in the trade-GDP relationship in recent years. The available evidence suggests that the explanation may lie in the slowing pace of international vertical specialization rather than increasing protection or the changing composition of trade and GDP.
Publisher: International Monetary Fund
ISBN: 1498399134
Category : Business & Economics
Languages : en
Pages : 44
Book Description
This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses an empirical strategy based on an error correction model to assess whether the global trade slowdown is structural or cyclical. An estimate of the relationship between trade and income in the past four decades reveals that the long-term trade elasticity rose sharply in the 1990s, but declined significantly in the 2000s even before the global financial crisis. These results suggest that trade is growing slowly not only because of slow growth of Gross Domestic Product (GDP), but also because of a structural change in the trade-GDP relationship in recent years. The available evidence suggests that the explanation may lie in the slowing pace of international vertical specialization rather than increasing protection or the changing composition of trade and GDP.
The Evolution of the World Economy
Author: Terutomo Ozawa
Publisher: Edward Elgar Publishing
ISBN: 1781003319
Category : Business & Economics
Languages : en
Pages : 225
Book Description
The world economy is near a critical crossroads, as a rising China, the greatest-ever beneficiary of US-led capitalism, dreams to replace America's supremacy as a new hegemonic power with a non-liberal world order. This third volume of the trilogy on reformulating the ‘flying-geese’ theory explains how capitalism has changed industrial structures across the world. It asks whether the ‘flying-geese’ formation will survive the changes that have produced the East Asian miracle, and – as hoped – spread to Africa. Terutomo Ozawa’s reformulated 'flying-geese' theory explains structural changes as an innovation-driven, ratcheting-up process of economic growth and shows that market-driven multinational corporations are key players for a successful ‘flying-geese’ formation and structural transformation. The book argues that the ‘ladder’ of economic development must be conceived as a double-helix with inter- and intra-industry rungs, the latter embedding cross-border supply chains and adaptive innovations. A thorough exploration of the structural changes under Pax Britannica and Pax Americana – moving from ‘kicking away the ladder’ from emerging economies to then providing it – demonstrates that this trend engenders multinational corporations that can facilitate structural transformation, particularly in catching-up economies. Ozawa shows that China is now in the critical transitional period that requires more sophisticated institutional, socio-political setups, as well as more advanced knowledge and ethics to move from the lower to the higher rungs. This enlightening, accessible and timely conclusion to Ozawa’s trilogy will be of great interest to many, particularly those specialising in international business, economics, political science, and international relations. Academics and practitioners alike will find this an invaluable resource.
Publisher: Edward Elgar Publishing
ISBN: 1781003319
Category : Business & Economics
Languages : en
Pages : 225
Book Description
The world economy is near a critical crossroads, as a rising China, the greatest-ever beneficiary of US-led capitalism, dreams to replace America's supremacy as a new hegemonic power with a non-liberal world order. This third volume of the trilogy on reformulating the ‘flying-geese’ theory explains how capitalism has changed industrial structures across the world. It asks whether the ‘flying-geese’ formation will survive the changes that have produced the East Asian miracle, and – as hoped – spread to Africa. Terutomo Ozawa’s reformulated 'flying-geese' theory explains structural changes as an innovation-driven, ratcheting-up process of economic growth and shows that market-driven multinational corporations are key players for a successful ‘flying-geese’ formation and structural transformation. The book argues that the ‘ladder’ of economic development must be conceived as a double-helix with inter- and intra-industry rungs, the latter embedding cross-border supply chains and adaptive innovations. A thorough exploration of the structural changes under Pax Britannica and Pax Americana – moving from ‘kicking away the ladder’ from emerging economies to then providing it – demonstrates that this trend engenders multinational corporations that can facilitate structural transformation, particularly in catching-up economies. Ozawa shows that China is now in the critical transitional period that requires more sophisticated institutional, socio-political setups, as well as more advanced knowledge and ethics to move from the lower to the higher rungs. This enlightening, accessible and timely conclusion to Ozawa’s trilogy will be of great interest to many, particularly those specialising in international business, economics, political science, and international relations. Academics and practitioners alike will find this an invaluable resource.
Growth and Structural Transformation
Author: Kwang Suk Kim
Publisher: BRILL
ISBN: 1684172195
Category : History
Languages : en
Pages : 224
Book Description
This study provides a comprehensive overview of Korea’s macroeconomic growth and structural change since World War II, and traces some of the roots of development to the colonial period. The authors explore in detail colonial development, changing national income patterns, relative price shifts, sources of aggregate growth, and sources of sectoral structural change, comparing them with other countries.
Publisher: BRILL
ISBN: 1684172195
Category : History
Languages : en
Pages : 224
Book Description
This study provides a comprehensive overview of Korea’s macroeconomic growth and structural change since World War II, and traces some of the roots of development to the colonial period. The authors explore in detail colonial development, changing national income patterns, relative price shifts, sources of aggregate growth, and sources of sectoral structural change, comparing them with other countries.
The Oxford Handbook of Structural Transformation
Author: Célestin Monga
Publisher:
ISBN: 0198793847
Category : Business & Economics
Languages : en
Pages : 741
Book Description
This Oxford Handbook provides a critical assessment of the history, patterns, and strategies of economic transformation. It deals with major themes including policy issues, illuminating country experiences, and important debates on the respective roles of the market and the state.
Publisher:
ISBN: 0198793847
Category : Business & Economics
Languages : en
Pages : 741
Book Description
This Oxford Handbook provides a critical assessment of the history, patterns, and strategies of economic transformation. It deals with major themes including policy issues, illuminating country experiences, and important debates on the respective roles of the market and the state.
Chinese Perspectives on Global Governance and China
Author:
Publisher: BRILL
ISBN: 9004439439
Category : Political Science
Languages : en
Pages : 279
Book Description
The acceleration of globalization and the rise of China are among the most important events in the 21st century. Globalization is a double-edged sword for human society. There is a strong belief among the international community that global governance is the most effective solution to most of our global problems. In this volume Chinese scholars contribute to the study of global governance by exploring ways to effectively face the tough challenges brought by globalization, such as economic prosperity, environmental issues, and global security.
Publisher: BRILL
ISBN: 9004439439
Category : Political Science
Languages : en
Pages : 279
Book Description
The acceleration of globalization and the rise of China are among the most important events in the 21st century. Globalization is a double-edged sword for human society. There is a strong belief among the international community that global governance is the most effective solution to most of our global problems. In this volume Chinese scholars contribute to the study of global governance by exploring ways to effectively face the tough challenges brought by globalization, such as economic prosperity, environmental issues, and global security.