Adjusting To Globalization

Author : Edward Alden
Publisher : Rowman & Littlefield
Page : 268 pages
File Size : 44,7 Mb
Release : 2017-09-15
Category : Political Science
ISBN : 9781538109090

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Failure to Adjust by Edward Alden Pdf

*Updated edition with a new foreword on the Trump administration's trade policy* The vast benefits promised by the supporters of globalization, and by their own government, have never materialized for many Americans. In Failure to Adjust Edward Alden provides a compelling history of the last four decades of US economic and trade policies that have left too many Americans unable to adapt to or compete in the current global marketplace. He tells the story of what went wrong and how to correct the course. Originally published on the eve of the 2016 presidential election, Alden’s book captured the zeitgeist that would propel Donald J. Trump to the presidency. In a new introduction to the paperback edition, Alden addresses the economic challenges now facing the Trump administration, and warns that economic disruption will continue to be among the most pressing issues facing the United States. If the failure to adjust continues, Alden predicts, the political disruptions of the future will be larger still.

Author : David Greenaway
Publisher : Wiley-Blackwell
Page : 176 pages
File Size : 51,7 Mb
Release : 2005-05-20
Category : Political Science
ISBN : 1405131691

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Adjusting to Globalization by David Greenaway Pdf

This volume investigates the ways in which firms and workers are adjusting to globalization. A collection of cutting-edge essays investigating the ways in which firms and workers are adjusting to globalization. Written by leading researchers in the field. Covers such issues as: outsourcing; the productivity effects of entry to export markets; job losses and wage insurance; and the protection of intellectual property. Presents original research on adjusting to globalization. Provides important insights into the microeconomics effects of globalization. Highlights key issues for policy makers.

Author : Ulrike Schaede,William W. Grimes
Publisher : Routledge
Page : 278 pages
File Size : 46,7 Mb
Release : 2015-03-27
Category : History
ISBN : 9781317466888

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Japan's Managed Globalization by Ulrike Schaede,William W. Grimes Pdf

As Japan moves from a "catch-up" strategy to a post-developmental stage, it is changing its actions and reactions both in terms of international political economy and domestic policy issues. The current changes in Japan can best be understood as following a path toward "permeable insulation." Japan's government and economic system continue to insulate domestic businesses from full competition and the rigor of market forces, but this insulation is also permeable because a decline in state power vis-a-vis the private sector since the 1990s has combined with a decline in the solidarity of private institutions (such as keiretsu or trade associations) to make strategies of insulation much less rigid and uniform. As a result of the "permeable insulation," Japan's response to the global and domestic challenges of the 1990s is neither one of full acceptance nor rejection of global standards and practices. Instead, the basic scheme is one of pragmatic utilization of new rules and circumstances to continue industrial policies of promotion or protection in a new post-developmental era. By bringing together in-depth case studies of eight critical issue areas, this book looks at Japan's responses to globalization and move toward "permeable insulation." Part 1 introduces the reader to the concept of "permeable insulation" and provides a detailed review of past practices and changes in policy. Part 2 deals with international trade issues, Japan's compliance with and resistance to global trade rules, and the domestic interests visible in Japan's compliance. Part 3 focuses on domestic measures and policies that Japanese firms have used to adapt to the changes, within Japan and abroad, triggered by globalization and liberalization.

Author : Ann Harrison
Publisher : University of Chicago Press
Page : 675 pages
File Size : 44,8 Mb
Release : 2007-11-01
Category : Business & Economics
ISBN : 9780226318004

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Globalization and Poverty by Ann Harrison Pdf

Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.

Author : Marc Bacchetta,Emmanuel Milet,José-Antonio Monteiro
Publisher : Unknown
Page : 215 pages
File Size : 46,9 Mb
Release : 2019
Category : Globalization
ISBN : 9287050589

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Making Globalization More Inclusive by Marc Bacchetta,Emmanuel Milet,José-Antonio Monteiro Pdf

Author : Wolfgang Dauth,Sebastian Findeisen,Jens Südekum
Publisher : Unknown
Page : 38 pages
File Size : 52,9 Mb
Release : 2016
Category : International trade
ISBN : OCLC:935337009

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Adjusting to Globalization by Wolfgang Dauth,Sebastian Findeisen,Jens Südekum Pdf

This paper addresses the impact of rising international trade exposure on individual earnings profiles in heterogeneous worker-establishment matches. We exploit rich panel data on job biographies of manufacturing workers in Germany, and apply a high-dimensional fixed effects approach to analyze endogenous mobility between plants, industries, and regions in response to trade shocks. Rising import penetration reduces earnings within job spells, and it induces workers to leave the exposed industries. Intra-industry mobility to other firms or regions are far less common adjustments. This induced industry mobility mitigates the adverse impacts of import shocks in the workers' subsequent careers, but their cumulated earnings over a longer time horizon are still negatively affected. By contrast, we find much less evidence for sorting into export-oriented industries, but the earnings gains mostly arise within job spells. These results point at an asymmetry in the individual labour market response to trade shocks: Import shocks trigger substantial "push effects", whereas the "pull effects" of export shocks are weaker.

Author : Philip H. Gordon,Sophie Meunier-Aitsahalia
Publisher : Rowman & Littlefield
Page : 166 pages
File Size : 49,5 Mb
Release : 2004-06-23
Category : Political Science
ISBN : 9780815798651

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The French Challenge by Philip H. Gordon,Sophie Meunier-Aitsahalia Pdf

In August 1999 a forty-six-year-old sheep farmer name José Bové was arrested for dismantling the construction site of a new McDonald's restaurant in the south of France. A few months later Bové built on his fame by smuggling huge chunks of Roquefort cheese into Seattle, where he was among the leaders of the antiglobalization protests against the World Trade Organization summit. Bové's crusade against globalization helped provoke a debate both within France and beyond about the pros and cons of a world in which financial, commercial, human, cultural, and technology flows move faster and more extensively than ever before. As the French struggle to preserve the country's identity, heritage, and distinctiveness, they are nonetheless adapting to a new economy and an interdependent world. This book deals with France's effort to adapt to globalization and its consequences for France's economy, cultural identity, domestic politics, and foreign relations. The authors begin by analyzing the structural transformation of the French economy, driven first by liberalization within the European Union and more recently by globalization. By examining a wide variety of possible measures of globalization and liberalization, the authors conclude that the French economy's adaptation has been far reaching and largely successful, even if French leaders prefer to downplay the extent of these changes in response to political pressures and public opinion. They call this adaptation "globalization by stealth." The authors also examine the relationship between trade, culture, and identity and explain why globalization has rendered the three inseparable. They show how globalization is contributing to the restructuring of the traditional French political spectrum and blurring the traditional differences between left and right. Finally, they explore France's effort to tame globalization—maîtriser la mondialisation—and the possible consequences and lessons of the French s

Author : Joseph E. Stiglitz
Publisher : W. W. Norton & Company
Page : 304 pages
File Size : 40,7 Mb
Release : 2003-04-17
Category : Business & Economics
ISBN : 9780393071078

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Globalization and Its Discontents by Joseph E. Stiglitz Pdf

This powerful, unsettling book gives us a rare glimpse behind the closed doors of global financial institutions by the winner of the 2001 Nobel Prize in Economics. When it was first published, this national bestseller quickly became a touchstone in the globalization debate. Renowned economist and Nobel Prize winner Joseph E. Stiglitz had a ringside seat for most of the major economic events of the last decade, including stints as chairman of the Council of Economic Advisers and chief economist at the World Bank. Particularly concerned with the plight of the developing nations, he became increasingly disillusioned as he saw the International Monetary Fund and other major institutions put the interests of Wall Street and the financial community ahead of the poorer nations. Those seeking to understand why globalization has engendered the hostility of protesters in Seattle and Genoa will find the reasons here. While this book includes no simple formula on how to make globalization work, Stiglitz provides a reform agenda that will provoke debate for years to come. Rarely do we get such an insider's analysis of the major institutions of globalization as in this penetrating book. With a new foreword for this paperback edition.

Author : D. Greenaway,R. Upward,P. Wright
Publisher : Springer
Page : 215 pages
File Size : 49,8 Mb
Release : 2008-04-17
Category : Business & Economics
ISBN : 9780230582385

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Globalisation and Labour Market Adjustment by D. Greenaway,R. Upward,P. Wright Pdf

Although economists have long pointed to the aggregate gains from increased economic integration, the popular perception of globalization is much more pessimistic. Workers feel less secure in their jobs and fear wage losses and unemployment. This book explores these issues, and asks whether the concerns are warranted.

Author : Biplab Dasgupta
Publisher : SAGE Publications Pvt. Limited
Page : 292 pages
File Size : 49,7 Mb
Release : 2005-07-21
Category : Business & Economics
ISBN : UOM:39015063133220

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Globalization by Biplab Dasgupta Pdf

In this comprehensive appraisal of Indian economic reforms, the author recounts how reforms were initiated and how they unfolded in stages since 1991. He analyzes all the components of the structural adjustment programme including in the agrarian, industrial, banking, public sector, fiscal reforms, trade, environmental and labour sectors. In keeping with his ideological and political convictions, the author questions the benefits of the reforms and argues that an uncritical acceptance of IMF/World Bank/WTO/ conditions has not served to benefit the majority of Indian society.

Author : Gavin Kitching
Publisher : Penn State Press
Page : 366 pages
File Size : 50,8 Mb
Release : 2010-11-01
Category : Law
ISBN : 0271040505

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Seeking Social Justice Through Globalization by Gavin Kitching Pdf

Unusual coming from a leftist perspective, this book argues that those who care for social justice should seek more globalization and not try to prevent its development or roll it back.

Author : Paul J.J. Welfens
Publisher : Springer Science & Business Media
Page : 272 pages
File Size : 53,9 Mb
Release : 1999-07-16
Category : Business & Economics
ISBN : 3540652507

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Globalization of the Economy, Unemployment and Innovation by Paul J.J. Welfens Pdf

Economic globalization has intensified since the 1980s and created faster channels of international interdependence and an accelerating technology race. In this new asymmetric world economy the EU is facing a dynamic and flexible US system which takes advantage of the global quest for foreign direct investment. Innovation policies in the EU - in particular in Germany - are found to be rather inadequate. There are also new theoretical challenges where a "structural macro model" and a Schumpetrian model of innovation and full employment are presented as new approaches. Besides theoretical challenges the increasing global dynamics raise new problems of international policy coordination which could lead to unsustainable economic globalization.

Author : Robert E. Baldwin,L. Alan Winters
Publisher : University of Chicago Press
Page : 560 pages
File Size : 43,5 Mb
Release : 2007-11-01
Category : Business & Economics
ISBN : 9780226036557

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Challenges to Globalization by Robert E. Baldwin,L. Alan Winters Pdf

People passionately disagree about the nature of the globalization process. The failure of both the 1999 and 2003 World Trade Organization's (WTO) ministerial conferences in Seattle and Cancun, respectively, have highlighted the tensions among official, international organizations like the WTO, the International Monetary Fund (IMF), the World Bank, nongovernmental and private sector organizations, and some developing country governments. These tensions are commonly attributed to longstanding disagreements over such issues as labor rights, environmental standards, and tariff-cutting rules. In addition, developing countries are increasingly resentful of the burdens of adjustment placed on them that they argue are not matched by commensurate commitments from developed countries. Challenges to Globalization evaluates the arguments of pro-globalists and anti-globalists regarding issues such as globalization's relationship to democracy, its impact on the environment and on labor markets including the brain drain, sweat shop labor, wage levels, and changes in production processes, and the associated expansion of trade and its effects on prices. Baldwin, Winters, and the contributors to this volume look at multinational firms, foreign investment, and mergers and acquisitions and present surprising findings that often run counter to the claim that multinational firms primarily seek countries with low wage labor. The book closes with papers on financial opening and on the relationship between international economic policies and national economic growth rates.

Author : Bernard M. Hoekman,Beata K. Smarzynska Javorcik
Publisher : World Bank Publications
Page : 32 pages
File Size : 44,6 Mb
Release : 2004
Category : Globalization
ISBN : UCSD:31822032301947

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Policies Facilitating Firm Adjustment to Globalization by Bernard M. Hoekman,Beata K. Smarzynska Javorcik Pdf

"Hoekman and Javorcik focus on policies facilitating firm adjustment to globalization. They briefly review the effects of trade and investment liberalization on firms, focusing on within-industry effects. They postulate that governments' role in supporting the process is to (1) ensure that firms face "right" incentives to adjust, and (2) intervene in areas where market failures are present. Their main message is that while many policies could be adopted to address market failures, they need to be carefully designed and implemented in a stable macroeconomic environment. An institutional infrastructure that supports the functioning of modern markets is most important. Proactive support policies of whatever stripe should be subject to cost-benefit analysis, based on the existence of an identified market failure, and monitored for performance and cost effectiveness. Transparency and accountability are critical in ensuring that interventions accomplish their intended objectives rather than being vehicles for rent seeking. This paper--a product of the Trade Team, Development Research Group--is part of a larger effort in the group to examine the effects of globalization on developing countries"--World Bank web site.

Author : OECD
Publisher : OECD Publishing
Page : 351 pages
File Size : 45,7 Mb
Release : 2011-10-20
Category : Electronic
ISBN : 9789264113084

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Globalisation, Comparative Advantage and the Changing Dynamics of Trade by OECD Pdf

This book collects OECD work that builds on recent contributions to the theory and empirics of comparative advantage, putting particular emphasis on the role policy can play in shaping trade.