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Author: Marvin Suesse
Publisher: Cambridge University Press
ISBN: 1108912389
Category : Business & Economics
Languages : en
Pages : 431
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Book Description
Nationalists think about the economy, Marvin Suesse argues, and this thinking matters once nationalists hold political power. Many nationalists seek to limit global exchange, but others prioritise economic development. The potential conflict between these two goals shapes nationalist policy making. Drawing on historical case studies from thirty countries – from the American Revolution to the rise of China – this book paints a broad panorama of economic nationalism over the past 250 years. It explains why such thinking has become influential, despite the internal contradictions and chequered record of many nationalist policy makers. At the root of economic nationalism's appeal is its ability to capitalise upon economic inequality, both domestic and international. These inequalities are reinforced by political factors such as empire building, ethnic conflicts, and financial crises. This has given rise to powerful nationalist movements that have decisively shaped the global exchange of goods, people, and capital.
Author: Mehdi Shafaeddin
Publisher:
ISBN:
Category : Industrialization
Languages : en
Pages : 36
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Book Description
The purpose of this study is to clarify some confusion surrounding the infant industry argument presented by Frederick List. Its main contribution is to show that List recommended selective, rather than across-the-board, protection of infant industries and that he was against neither international trade nor export expansion. In fact, he emphasizes the importance of trade and envisages free trade as an ultimate aim of all nations; he regards protection as an instrument for achieving development, massive export expansion and ultimately free trade. List's theory was a dynamic one, with dimensions of time and geography. Making a distinction between 'universal association' and national interest, he argues that infant industry protection is necessary for countries at early stages of industrialization if some countries 'outdistanced others in manufactures'. Nevertheless, protection should be temporary, targeted and not excessive. Domestic competition should in due course be introduced, preceded by planned, gradual and targeted trade liberalization. List guards, however, against premature liberalization. He is aware of the limitation of size for infant industry protection but claims that in most cases this obstacle could be overcome through collaboration with other countries. To List, trade policy is not a panacea; it is an element in his general theory of 'productive power' (development); industrial development also requires a host of other socio-economic measures. The infant industry argument is not only still valid, if properly applied, but, in fact, it is at present even more relevant owing to recent technological revolution and changes in the organization of production. But despite this increased need, the means to achieving it have been restricted by international trade rules. The study also refers to significant incidences of targeted protection of production and exports in advanced countries, while universal and across-the-board liberalization is recommended for developing countries. International trade rules need to be revised to aim at achieving a fair trading system, in which the differential situations of countries at various stages of development are taken into greater consideration. Universal free trade may be easier for developing countries to implement th an a dynamic and targeted trade policy; but 'easiness' is not a substitute for 'soundness'. It is emphasized, however, that, as List maintained, after a point in time trade should be liberalized selectively and gradually, aiming at the ultimate goal of free trade when all nations have reached the same level of development.
Author: Marvin Suesse
Publisher: Cambridge University Press
ISBN: 1108831389
Category : Business & Economics
Languages : en
Pages : 431
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Book Description
Analyses economic nationalism as a set of ideas and policies that have shaped the modern world economy over the past 250 years.
Author: Friedrich List
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 434
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Book Description
Author: Nikhil Gupta
Publisher: Bloomsbury Publishing
ISBN: 9356403554
Category : Business & Economics
Languages : en
Pages : 389
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Book Description
IT IS A WONDERFUL STORY, but time after time in the decades since Independence, it stops short midway. India is poised for growth. The GDP is rising. The lumbering elephant is turning into a tiger. But the leap doesn't quite happen. There has been enormous change, but alongside the problems have also been rising. And for a large mass of people, it remains a future of brutal poverty. If India is to meet the needs of its people, it has to consistently generate enough jobs for the millions of youth who enter the job market every year, and build up an infrastructure in which there is enough to go round for education, health and security of its population. Nikhil Gupta, chief economist with a leading brokerage, has been a close observer of the policies and factors that help India grow. As he puts it, an economy consists of four participants-households, corporate, government and external-and just three activities: consumption, savings/investment and external trade. However, the lack of attention to the finances of the household sector and the unlisted corporate sector is shocking. As too the gap between the real and the financial economy. It is these and other gaps in this complicated scenario that Gupta tries to bridge. The Eight per cent Solution presents Gupta's version of a grand unified theory that brings in the neglected but important elements to show how India can finally achieve that elusive target of a higher phase of growth.
Author: Alice Landau
Publisher: Routledge
ISBN: 1134352484
Category : Business & Economics
Languages : en
Pages : 171
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Book Description
The World Trade Organization (WTO) is without doubt one of our main instruments of globalization, the controversy which is whipped up by this organization is arguably mainly caused by the mystery which surrounds it.The International Trade System seeks to remove the clouds of misunderstanding that circle the multilateral commercial system by clearly
Author: Ha-Joon Chang
Publisher: Anthem Press
ISBN: 0857287613
Category : Business & Economics
Languages : en
Pages : 196
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Book Description
How did the rich countries really become rich? In this provocative study, Ha-Joon Chang examines the great pressure on developing countries from the developed world to adopt certain 'good policies' and 'good institutions', seen today as necessary for economic development. His conclusions are compelling and disturbing: that developed countries are attempting to 'kick away the ladder' with which they have climbed to the top, thereby preventing developing countries from adopting policies and institutions that they themselves have used.
Author: Sam Pryke
Publisher: Bloomsbury Publishing
ISBN: 113709284X
Category : Social Science
Languages : en
Pages : 208
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Book Description
What can globalization studies tell us about national identity? This text looks at historical and contemporary debates to assess the key issues of nationalism and national identity, from economic nationalism to cultural homogenisation. Setting issues in a global context and packed with examples, this is an important and engaging student text.
Author: David Clark
Publisher: Edward Elgar Publishing
ISBN: 1847202861
Category : Business & Economics
Languages : en
Pages : 757
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Book Description
If handbooks can be inspiring, this is it! Like a true companion, it takes in its stride conversations both big and small. Its entries do not just present an international and multidisciplinary mix, but true to life they work on several different scales. And, importantly, the book makes its authority evident. For it is like an extended website, but with all the added advantages of an encyclopaedia that actually tells you about the authors and the sources on which they have drawn. The resulting compilation is highly intelligent, thoughtful and above all usable. Dame Marilyn Strathern, University of Cambridge, UK The Elgar Companion to Development Studies is a major production in the development studies field, authored by a star-studded cast of contributors. With 136 entries covering a vast range of topics, it should quickly establish itself as a leading work of reference. We should all feel indebted to David Clark, who has successfully brought this substantial publishing project to completion. John Toye, University of Oxford, UK This is a most comprehensive handbook on development studies. It brings together a wide, varied array of carefully crafted summaries of 136 key topics in development by an international cast of well-respected academics and other experts in respective areas of study. The handbook is heavily interdisciplinary, organically combining economic, political, historical, social, cultural, institutional, ethical, and human aspects of development. While the wide range of entries might appear as a simple glossary listing or an encyclopedic collection, each of the 136 entries offers more depth and discussion than the average handbook. . . . Viewed in this light, this companion is highly likely to become known as a leading reference work on the topic. Highly recommended. Ismael Hossein-Zadeh, Choice The Elgar Companion to Development Studies is an innovative and unique reference book that includes original contributions covering development economics as well as development studies broadly defined. This major new Companion brings together an international panel of experts from varying backgrounds who discuss theoretical, ethical and practical issues relating to economic, social, cultural, institutional, political and human aspects of development in poor countries. It also includes a selection of intellectual biographies of leading development thinkers. While the Companion is organised along the lines of an encyclopaedia, each of its 136 entries provide more depth and discussion than the average reference book. Its entries are also extremely diverse: they draw on different social science disciplines, incorporate various mixes of theoretical and applied work, embrace a variety of methodologies and represent different views of the world. The Elgar Companion to Development Studies will therefore appeal to students, scholars, researchers, policymakers and practitioners in the filed of development as well as the interested layman.
Author: Singh Dharamveer
Publisher: Éditions Larcier
ISBN: 2879748488
Category : Law
Languages : en
Pages : 241
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Book Description
Economic globalization is transforming practically every service sector. The legal industry that has long remained insulated too has not remained untouched by the effects of globalization. The outsourcing of legal services in the past one decade has transformed the legal landscape. Legal outsourcing to India is becoming increasingly popular among U.S. and European law firms and corporations. This book broadly seeks to discuss three main topics surrounding legal process outsourcing (LPO): its emerging trends, the legal challenges it raises and the hitherto unrecognized potential it holds. Firstly, this book clarifies concepts of LPO and its operating models practiced by U.S. and U.K. law firms and corporations. Secondly, the outsourcing of legal services creates significant challenges for ethics rules including conflict of interests, attorney-client privilege, supervision and fee sharing. Thirdly, this research explores the hidden potential of LPO to improve access to justice. This book develops an altogether new proposal where Indian LPO professionals could help alleviate the access to justice problem among indigent and low-income populations of the United States.
Author: H. Khan
Publisher: Springer
ISBN: 0230503535
Category : Business & Economics
Languages : en
Pages : 196
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Book Description
Haider A. Khan goes beyond the study of catch-up technology and raises the question of innovation processes that are the key to the future growth and prosperity of the East Asian economies. This is particularly important in the aftermath of the Asian financial crises that have cost these economies much. How can newly industrialized economies achieve cohesive systems of innovation for sustainable growth? The author offers a novel theory of innovation systems with concrete case studies to illustrate its usefulness.
