Understanding the World Economy

Author: Tony Cleaver

Publisher: Routledge

ISBN: 1136191631

Category: Business & Economics

Page: 304

View: 427

This fourth edition of Understanding the World Economy will continue to provide the reader with the clearest guide available to the global economic scene. Since the last edition was published in 2006, enormous changes have taken place. The world economy has been in upheaval with the biggest financial crash and ensuing recession since the 1930s; with a global re-ordering of economic power relations; with widespread demonstrations by those left behind; with divergent views about where Europe is heading; with a growing scarcity of essential resources; with increasing international terrorism and with increasing concerns of environmental degradation and climate change. To embrace such urgent issues, this text is an almost entirely rewritten version of earlier editions. Tony Cleaver takes a long look at the evolution of market systems and how they have liberated peoples on one side of the globe and yet driven others into debt, depression and despair. He analyses causes and consequences, and discusses (and sometimes dismisses) economic theories. Topics covered include: Why crashes occur What causes some countries to grow and others to stagnate Whether the Euro can survive The economic underpinnings of terrorism The dangers of climate change This book takes the student through the major characteristics of the global economy in jargon-free non-technical language. Chapter summary diagrams and a wealth of boxes and tables make this an essential introduction for undergraduates and A-level students, as well as the casual reader.

Understanding the World Economy

Author: Tony Cleaver

Publisher: Psychology Press

ISBN: 0415244056

Category: Business & Economics

Page: 270

View: 1766

The world economy is in a constant state of change and development. This 2nd edition has been fully revised and updated to take account of current developments in this area of economics. Building on the first edition, the overall structure is retained whilst new topic boxes and up-to-date examples add to its accessibility. Key areas covered include: the economics of unemployment and inflation; free trade agreements, custom unions and common markets, including the recent introduction of the Euro; money, banking and international finance; development issues; environmental issues; material on the Asian crisis; and the impact of globalization. Key theories are illustrated using real-world settings and explained non-technical language. The chapter summary diagrams help make the book a usefl introduction for those just beginning the subject as well as lay readers. The book is also suitable for those studying International Baccalaureate courses in economics.

Understanding the Global Economy

Author: Howard Richards

Publisher: Peace Education Books

ISBN: 0974896101

Category: Political Science

Page: 311

View: 3728

Understanding the Global Economy names the first step in coping with or transforming the flawed global ethics. To that end, the author explains the economic theory, social science, and thought that formed the basis of the global system. Applied to the sense of our current crisis, this book shows the ethics and forces that make the global market work as it does and how it fails. It presents a balance of the historical basis for global markets with the relevant economic theories, ethics, ideology, inclusive research of all the leading scholars, the current issues of the crisis, and the failed solutions. Through the intellectual background with an expose of the current crisis, the author leads us to a seemingly ironic prescription, which he lives—the willing, caring heart of humanity that knows no bounds. The book presents the solution by an analysis of the economic history from antiquity through the present, observations and research of the likely solutions, and decades of proactive work to enact the lasting solution.

South Africa in the global economy

understanding the challenges, working towards alternatives

Author: Shafika Isaacs,Trade Union Research Project (South Africa)

Publisher: N.A

ISBN: N.A

Category: Business & Economics

Page: 216

View: 3099

Macroeconomics

Understanding the Global Economy

Author: David Miles,Andrew Scott,Francis Breedon

Publisher: John Wiley & Sons Incorporated

ISBN: 9781119995715

Category: Business & Economics

Page: 597

View: 4139

Revised edition of: Macroeconomics and the global business environment / David Miles, Andrew Scott. 2nd ed.

Wirtschaft für Dummies

Author: Sean Masaki Flynn

Publisher: John Wiley & Sons

ISBN: 3527802630

Category: Political Science

Page: 396

View: 5908

Angebot und Nachfrage, Rezession und Inflation sind Begriffe, die täglich und nicht nur im Wirtschaftsteil der Tageszeitung auftauchen. Aber was verbirgt sich hinter diesen Begriffen? Und was versteht man unter Makro- und Mikroökonomie? Welche Faktoren führen zu einer Inflation, warum gibt es Rezessionen und, last but not least, warum lieben Ökonomen freie Märkte und Konkurrenz? Sean Masaki Flynn gibt die Antworten zu diesen Fragen und bringt Ihnen damit die Grundzüge der Wirtschaft näher.

The Princeton Encyclopedia of the World Economy. (Two volume set)

Author: Kenneth A. Reinert,Ramkishen S. Rajan,Amy Joycelyn Glass,Lewis S. Davis

Publisher: Princeton University Press

ISBN: 1400830400

Category: Political Science

Page: 1336

View: 4008

Increasing economic globalization has made understanding the world economy more important than ever. From trade agreements to offshore outsourcing to foreign aid, this two-volume encyclopedia explains the key elements of the world economy and provides a first step to further research for students and scholars in public policy, international studies, business, and the broader social sciences, as well as for economic policy professionals. Written by an international team of contributors, this comprehensive reference includes more than 300 up-to-date entries covering a wide range of topics in international trade, finance, production, and economic development. These topics include concepts and principles, models and theory, institutions and agreements, policies and instruments, analysis and tools, and sectors and special issues. Each entry includes cross-references and a list of sources for further reading and research. Complete with an index and a table of contents that groups entries by topic, The Princeton Encyclopedia of the World Economy is an essential resource for anyone who needs to better understand the global economy. Features: ? More than 300 alphabetically arranged articles on topics in international trade, finance, production, and economic development International team of contributors Annotated list of further reading with each article Topical list of entries Full index and cross-references Entry categories and sample topics: ? Concepts and principles: globalization, anti-globalization, fair trade, foreign direct investment, international migration, economic development, multinational enterprises Models and theory: Heckscher-Ohlin model, internalization theory, New Trade Theory, North-South trade, Triffin dilemma Institutions and agreements: European Union, International Monetary Fund, World Trade Organization, World Bank, Doha Round, international investment agreements Policies and instruments: dollar standard, international aid, sanctions, tariffs Analysis and tools: exchange rate forecasting, effective protection, monetary policy rules Sectors and special issues: child labor, corporate governance, the digital divide, health and globalization, illegal drugs trade, petroleum, steel

Understanding the Digital Economy

Data, Tools, and Research

Author: Erik Brynjolfsson,Brian Kahin

Publisher: MIT Press

ISBN: 9780262523301

Category: Business & Economics

Page: 401

View: 4832

The rapid growth of electronic commerce, along with changes in information, computing, and communications, is having a profound effect on the United States economy. President Clinton recently directed the National Economic Council, in consultation with executive branch agencies, to analyze the economic implications of the Internet and electronic commerce domestically and internationally, and to consider new types of data collection and research that could be undertaken by public and private organizations. This book contains work presented at a conference held by executive branch agencies in May 1999 at the Department of Commerce. The goals of the conference were to assess current research on the digital economy, to engage the private sector in developing the research that informs investment and policy decisions, and to promote better understanding of the growth and socioeconomic implications of information technology and electronic commerce. Aspects of the digital economy addressed include macroeconomic assessment, organizational change, small business, access, market structure and competition, and employment and the workforce.

Energy and the Wealth of Nations

Understanding the Biophysical Economy

Author: Charles A. S. Hall,Kent A. Klitgaard

Publisher: Springer Science & Business Media

ISBN: 9781441993984

Category: Business & Economics

Page: 407

View: 2270

For the past 150 years, economics has been treated as a social science in which economies are modeled as a circular flow of income between producers and consumers. In this “perpetual motion” of interactions between firms that produce and households that consume, little or no accounting is given of the flow of energy and materials from the environment and back again. In the standard economic model, energy and matter are completely recycled in these transactions, and economic activity is seemingly exempt from the Second Law of Thermodynamics. As we enter the second half of the age of oil, and as energy supplies and the environmental impacts of energy production and consumption become major issues on the world stage, this exemption appears illusory at best. In Energy and the Wealth of Nations, concepts such as energy return on investment (EROI) provide powerful insights into the real balance sheets that drive our “petroleum economy.” Hall and Klitgaard explore the relation between energy and the wealth explosion of the 20th century, the failure of markets to recognize or efficiently allocate diminishing resources, the economic consequences of peak oil, the EROI for finding and exploiting new oil fields, and whether alternative energy technologies such as wind and solar power meet the minimum EROI requirements needed to run our society as we know it. This book is an essential read for all scientists and economists who have recognized the urgent need for a more scientific, unified approach to economics in an energy-constrained world, and serves as an ideal teaching text for the growing number of courses, such as the authors’ own, on the role of energy in society.

India's Turn

Understanding the Economic Transformation

Author: Arvind Subramanian

Publisher: Oxford University Press, USA

ISBN: 9780195693546

Category: Business & Economics

Page: 237

View: 7735

On economic policies pursued in Indian economy post 1991 watershed year; articles co-authored with many other writers.

Tourism and the Economy

Understanding the Economics of Tourism

Author: James Mak

Publisher: University of Hawaii Press

ISBN: 9780824827892

Category: Business & Economics

Page: 267

View: 1091

Tourism is one of the fastest growing industries in the world. Many countries see it as a passport to their economic development; others express concern that uncontrolled tourism may overwhelm their natural, cultural, social, and physical resources. The question of how best to harness tourism for the good of host communities is increasingly debated and forms the basis of this book. Written in a highly accessible style for a general audience as well as professionals, it applies an economic way of thinking to tourism to help readers gain a better understanding of this dynamic and fascinating global industry.

Global Political Economy

Understanding the International Economic Order

Author: Robert Gilpin

Publisher: Princeton University Press

ISBN: 140083127X

Category: Political Science

Page: 440

View: 5230

This book is the eagerly awaited successor to Robert Gilpin's 1987 The Political Economy of International Relations, the classic statement of the field of international political economy that continues to command the attention of students, researchers, and policymakers. The world economy and political system have changed dramatically since the 1987 book was published. The end of the Cold War has unleashed new economic and political forces, and new regionalisms have emerged. Computing power is increasingly an impetus to the world economy, and technological developments have changed and are changing almost every aspect of contemporary economic affairs. Gilpin's Global Political Economy considers each of these developments. Reflecting a lifetime of scholarship, it offers a masterful survey of the approaches that have been used to understand international economic relations and the problems faced in the new economy. Gilpin focuses on the powerful economic, political, and technological forces that have transformed the world. He gives particular attention to economic globalization, its real and alleged implications for economic affairs, and the degree to which its nature, extent, and significance have been exaggerated and misunderstood. Moreover, he demonstrates that national policies and domestic economies remain the most critical determinants of economic affairs. The book also stresses the importance of economic regionalism, multinational corporations, and financial upheavals. Gilpin integrates economic and political analysis in his discussion of "global political economy." He employs the conventional theory of international trade, insights from the theory of industrial organization, and endogenous growth theory. In addition, ideas from political science, history, and other disciplines are employed to enrich understanding of the new international economic order. This wide-ranging book is destined to become a landmark in the field.

Understanding the Process of Economic Change

Author: Douglass C. North

Publisher: Princeton University Press

ISBN: 9781400829484

Category: Business & Economics

Page: 200

View: 4162

In this landmark work, a Nobel Prize-winning economist develops a new way of understanding the process by which economies change. Douglass North inspired a revolution in economic history a generation ago by demonstrating that economic performance is determined largely by the kind and quality of institutions that support markets. As he showed in two now classic books that inspired the New Institutional Economics (today a subfield of economics), property rights and transaction costs are fundamental determinants. Here, North explains how different societies arrive at the institutional infrastructure that greatly determines their economic trajectories. North argues that economic change depends largely on "adaptive efficiency," a society's effectiveness in creating institutions that are productive, stable, fair, and broadly accepted--and, importantly, flexible enough to be changed or replaced in response to political and economic feedback. While adhering to his earlier definition of institutions as the formal and informal rules that constrain human economic behavior, he extends his analysis to explore the deeper determinants of how these rules evolve and how economies change. Drawing on recent work by psychologists, he identifies intentionality as the crucial variable and proceeds to demonstrate how intentionality emerges as the product of social learning and how it then shapes the economy's institutional foundations and thus its capacity to adapt to changing circumstances. Understanding the Process of Economic Change accounts not only for past institutional change but also for the diverse performance of present-day economies. This major work is therefore also an essential guide to improving the performance of developing countries.

China's New Role in the World Economy

Author: Yiping Huang,Miaojie Yu

Publisher: Routledge

ISBN: 1135136807

Category: Business & Economics

Page: 316

View: 4475

The remarkable rise of China over the past three decades has been unprecedented in both its scale and speed. Analysts around the world have attempted to understand the causes of this unique event and to predict how long it will last. China's rise has also raised two important questions. The first concerns the stability and the sustainability of China’s growth, which has been accompanied by growing internal and external imbalances, rising inequality at home, environmental degradation and an increased risk of catastrophic climate change, and has happened in spite of the continuing, if diminished, role of the state in many sectors of the economy. The second concerns trying to guess what the effect of China’s rise will be on its relations with the rest of the region, the world and the existing global order. It seems only a matter of time until China becomes the world’s largest economy, and history suggests that it is unthinkable that this event would be without geopolitical consequences. The chapters in this volume draw on papers originally presented to the 34th Pacific Trade and Development Conference held in Beijing in 2010 to discuss these two big questions and China’s changing role in the world economy. This book will be welcomed by students and scholars of Chinese economics, business and politics, and those interested in the pervasive impact of China’s development on the global economy.

The World Economy

Resources, Location, Trade, and Development

Author: Frederick P. Stutz,Barney Warf

Publisher: Prentice Hall

ISBN: 9780132436892

Category: Business & Economics

Page: 525

View: 4249

Provides a sound theoretical and practical foundation for understanding the global economy in an era of shifting borders, restructuring economies, and regional realignments. The book covers population, natural resources, and international trade. It combines theory with geography in addressing growth, distribution, and development, and explains their impact on international business. Portrays recent geopolitical changes and uses real-world examples. Promotes a greater appreciation of international and U.S. economic issues through a global perspective while highlighting world trade. The fifth edition of World Economy: Resources, Location, Trade and Development has been revised to include a chapter on consumption. It emphasizes global interdependence; flexible manufacturing; the globalization of business, culture, environmental problems, and telecommunications; and the transnational corporation. It discusses the declining roles of traditional factors of production and provides the latest country-by-country economic data for all of the world's major economies. An essential reference for any professional or business owner doing business in the world economy.

Out of the Rabble

Ending the Global Economic Crisis by Understanding the Zimbabwean Experience

Author: David Chiweza

Publisher: iUniverse

ISBN: 1475973845

Category: Business & Economics

Page: 164

View: 9645

The world economy is in a crisis. From the United States to Europe to Africa, growing uncertainty exists over the future. In the midst of this, however, some nations are thriving. In Out of the Rabble, author David Chiweza dissects the real causes of the financial crisis and presents likely scenarios for the future. Based on Zimbabwe’s past forty-five years of experience, Chiweza, a resident of Zimbabwe, relates his nation’s economic fortunes to markets and establishes that all emerging economies have leveraged monopolistic domestic markets to overtake advanced economies. He sheds light on the causes of Zimbabwe’s infamous economic crisis and details an industrialisation blueprint with universal strategies that have catapulted underdog nations to succeed against the odds. A comprehensive and insightful exposition of the Zimbabwean and global economic crisis, Out of the Rabble proclaims that the free markets doctrine has benefited stronger economies. It not only reveals the factors influencing the current crisis but presents a sobering exposition of economic dynamics that mark the emergence of a new economic order.

Understanding the Gross Domestic Product and the Gross National Product

Author: Corona Brezina

Publisher: The Rosen Publishing Group, Inc

ISBN: 1448855691

Category: Juvenile Nonfiction

Page: 80

View: 338

Explains what the gross domestic product and gross national product are, discussing their role in the global economy, economic indicators, and the limitations of the GDP.

Understanding the Political Economy of the Arab Uprisings

Author: Ishac Diwan

Publisher: World Scientific

ISBN: 9814596027

Category: Political Science

Page: 308

View: 8042

For the millions of citizens in the Arab World who came together in 2010–2011 to discover their common yearning for dignity and liberty, the real revolutions only began after the wave of protests. Understanding the Political Economy of the Arab Uprisings reassess the interests, potential and constraints of various socio-political players and their importance in the building of a constructive environment for democratic progress in the Middle East. Initiated by the Cairo-based Economic Research Forum and edited by Ishac Diwan, this invaluable volume features contributions by Middle East academics across the world. They examine the reasons behind the uprisings, how democratic transitions transpire, the role of Arab capitalism in the crises, and how the experiences of other countries such as Indonesia, Turkey and Iran, can forecast where these uprisings may lead the Middle East in the years to come. Contents:PrefaceIntroductionThe Genesis of the Uprisings:The Political Economy of Arab Presidents for Life — and After (Roger Owen)Understanding Revolution in the Middle East: The Central Role of the Middle Class (Ishac Diwan)The Making of the Tunisian Revolution (Fadhel Kaboub)A Transition to Democracy?:On the Determinants of Democratic Transitions (Caroline Freund and Melise Jaud)Islamists in Power? Inclusion, Moderation, and the Arab Uprisings (Jillian Schwedler)Arab Capitalism in Crisis:Detecting Corruption and Evaluating Programs to Control It: Some Lessons for MENA (Jeffrey B Nugent)Enhancing Competition in a Post-Revolutionary Arab Context: Does the Turkish Experience Provide Any Lessons? (Izak Atiyas)Lessons from Elsewhere:Political and Economic Developments in Turkey and The Transformation of Political Islam (1950–2010) (Hasan Ersel)Social Order, Rents, and Economic Development in Iran Since the Early 20th Century (Hadi S Esfahani & Esra Ç Gürakar)What Happened in the Early Years of Democracy: Indonesia's Experience (Akhmad R Shidiq and Philips J Vermonte) Readership: Graduate and research students, political scientists, economists, social scientists who specialize in the political economy of the Middle East and current affairs in the MENA Region. Key Features:Written by distinguished Middle East scholars from around the worldTimely topic with the aftermath of Arab revolutions still unfoldingGoes beyond the political perspective of the uprisings (which is what many books tend to focus on), and provides analyses on socio-economic and political-economic aspects of eventsKeywords:Political Economy;Democracy;Transitions;MENA;Arab Spring;Tunisia;Egypt;Libya;Turkey;Yemen;Indonesia;Revolutions;Political Islam;The Middle East;Islamists;Corruption;Competition;Iran;Social Order;Rents;Economic DevelopmentReviews: “How are we to understand the origins and consequences of the momentous changes which have rocked the Middle East in the past four years? This book brings together some of the most insightful scholars of the region to begin to distill some of the lessons from this experience. It takes on board the extent of the variation and the rich historical legacies. An important and fascinating work.” James A Robinson David Florence Professor of Government Harvard University “This is an important book for those are interested in the Arab region and recent ground-breaking events. Ishac Diwan and his colleagues have made a great contribution by providing deep and thought-provoking perspectives on the causes and implications of the so-called Arab Spring.” Mustapha Kamel Nabli Former Governor, Central Bank of Tunisia “… efforts to understand why the uprisings took place, and what effects they have had so far, are of the greatest importance … The contributors to this volume are to be congratulated for the many skillful ways they use a Political Economy approach to provide trenchant evidence …” Roger Owen A J Meyer Professor Emeritus of Middle East History Harvard University “This volume makes a valuable contribution to the growing literature on the Arab uprisings.” Middle East Media and Book Reviews Online “It includes the most commentary on the structural factors behind the uprisings, and a credible hypothesis emerges from some of its essays: in recent decades, neoliberal reforms enacted by Arab states combined with corrupt privatization schemes and crony capitalism to undermine the economic base of the middle class to ally with the lower-middle class and the poor.” Foreign Affairs