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The economic battleground is about to change. For the past two decades, the intense conflict between America and Japan has been played out on U.S. soil, as Japanese companies have become dominant producers of cars, computers, and electronics. But now the European Community has become the world's largest market, and this new arena will be the site of an even more important competition with Japan. As Tim Jackson explains in this provocative book, Europe...
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What is the impact of foreign direct investment (FDI) on development? The answer is important for the lives of millions, if not billions, of workers, families, and communities in the developing world. The answer is crucial for policymakers in developing and developed countries, and in multilateral agencies. This volume gathers together the cutting edge of new research on FDI and host country economic performance and presents the most sophisticated...
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"Access to finance is a critical element in any effort to promote development in emerging market economies. In this analysis of the Latin American financial sector, Barbara Stallings and Rogerio Studart examine recent transformations in the region, compare them to related developments elsewhere, and consider where they might lead. They challenge the new literature on finance and development, which argues for the elimination of public-sector banks,...
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The international monetary system has changed radically in the last twenty years. Capital, information, goods, and services move around the globe with unprecedented ease. Countries from the former communist bloc have joined the system. Europe is on the verge of monetary union. Financial crises in East Asia and Mexico have rocked the world economy. In this book, Robert Solomon - author of the definitive history of the monetary order between 1945 and...
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Explores economic theories to attempt to explain why some countries are richer than others. Argues that most differences are the result of country-specific policies which result in constraints on work practices and on the application of better production methods at the plant level. Such barriers imply differences in total factor productivity (TFP) at the aggregate level, suggesting that differences in international incomes are the result of differences...
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"The rapid growth of offshore outsourcing in manufacturing and IT-based services is unleashing dramatic changes around the world. The book brings together leading scholars and practitioners to analyze the implications of this huge transformation. For some observers, offshore outsourcing promises more rapid economic growth for both developed and developing countries. For others, it unravels the social contract in today's rich countries, as labor and...
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Today Mexico is viewed as a success story in the management of economic adjustment and structural reform. Inflation is under control, capital and foreign investment are returning, and output growth has increased. Mexico's recovery, however, has been neither fast nor smooth, and the social costs the country has borne for the past several years have been very large. In 1982, Mexico faced a severe balance-of-payments crisis. Rampant inflation, capital...
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"Antiglobalist forces have been gaining greater momentum in recent years in their efforts to reverse what they view as the negative effects of an integrating global economy. Their influence was felt earlier when efforts to create a Multilateral Agreement on Investment (MAI) ended in failure in 1998 after France left the bargaining table at the Organization for Economic Cooperation and Development, effectively killing the initiative." "Through an evaluation...
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A respected international economic advisor and the director of The Earth Institute shares a wide-spectrum theory about how to enable economic success throughout the world, identifying the different categories into which various nations fall in today's economy while posing solutions to top political, environmental, and social problems that contribute to poverty. [The author] sets the stage by drawing a ... conceptual map of the world economy and the...
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"After nearly five decades of insulation from world markets, state controls, and slow growth, India embarked in 1991 on a process of liberalization of controls and progressive integration with the global economy in an effort to put its economy on a path of rapid and sustained growth. Despite major changes in the government since then, the thrust on reforms has been maintained. According to the World Bank, only 10 out of 145 countries had more rapid...
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"In 1965, "the rest" accounted for less than one-twentieth of the world manufacturing output. By 1995, they produced nearly one-fifth of world output. This book explains the economic policies that allowed for this rapid growth "The rest" comprises primarily at China, India, Indonesia, South Korea, Malaysia, Taiwan, Thailand, Argentina, Brazil, Chile, Mexico, and Turkey. Amsden shows that their economic growth was driven by industrialization that was...
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Everybody talks about the economy; everybody has complaints or recommendations. Few know what they're talking about. So asserts Robert Eisner - one of our nation's most distinguished economists - in this authoritative analysis of the real and imagined ills of the U.S. economy.
In clear, accessible language, The Misunderstood Economy confronts an array of myths surrounding economic issues. Eisner begins by challenging many of the standards traditionally...
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One of the core assumptions of recent American foreign policy is that China's post-1978 policy of "reform and openness" will lead to political liberalization. This book challenges that assumption and the general relationship between economic liberalization and democratization. Moreover, it analyzes the effect of foreign direct investment (FDI) liberalization on Chinese labor politics. Market reforms and increased integration with the global economy...
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Analysis of economic and social development trends in Cuba and the impact of the socialist revolution on economic growth, employment, consumption, income distribution and socio-economic conditions - examines the historical background, production indexes, economic indicators and estimates of gross domestic product, 1946-1981; studies dependence, structural change, basic needs, labour force and unemployment; includes statistical tables on foreign investment,...
Description
"Examines the merits of including three non-traditional areas in the NAFTA agreement: 1) environmental and labor standards; 2) social issues such as human rights and health care; and 3) issues arising due to the integration of low wage and high wage countries. Leading authorities also address issues such as Mexican nationalism, political reform, and transition mechanisms"--Handbook of Latin American Studies, v. 57.
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