Commodities And Globalization
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Author | : Machiko Nissanke |
Publisher | : Springer |
Total Pages | : 396 |
Release | : 2010-01-20 |
Genre | : Business & Economics |
ISBN | : 0230274021 |
Alfred Maizels' work on commodity trade and prices documented trends in a major area of international economic relations. This book elaborates the ideas in the tradition of Maizels' contributons, and discusses and extends these theories in relation to current problems.
Author | : Angelique Haugerud |
Publisher | : Rowman & Littlefield |
Total Pages | : 262 |
Release | : 2000 |
Genre | : Business & Economics |
ISBN | : 9780847699438 |
Today's growing fascination with flows of people, commodities, technology, capital, images and ideas across national and other boundaries poses fresh theoretical and methodological challenges to anthropology. Commodities offer a particularly useful window on globalization because they, unlike electronically conveyed capital, transport cultural messages. These ideological or symbolic transfers are of particular interest to economic anthropology. This collection considers how conceptions and roles of commodities may change in response to widening spheres of economic interaction and exchange. The essays in this volume are ordered under two themes. Those included in the first section, "Commodities in a Globalizing Marketplace," address historically and culturally defined variations in meanings and practices associated with commodities in globalizing markets. In Part Two, "The Circulation and Revaluation of Commodities", contributors analyze how commodity producers' experiences are informed by colonial and post-colonial history, state directives in the marketplace, and locations in dependent or marginalized regions. The chapters all focus on the production process as it responds to, is distorted by and increasingly is controlled by the determination of the value of those commodities outside a "locality".
Author | : Mr.Rabah Arezki |
Publisher | : International Monetary Fund |
Total Pages | : 25 |
Release | : 2017-09-22 |
Genre | : Business & Economics |
ISBN | : 1484320816 |
This paper discusses developments and prospects for energy, metals, and food markets since the early 2000s, the start of what is termed a commodities supercycle—the rise of commodity prices over a decade or more as a result of a rapid urbanization and an expansion of infrastructure. Macroeconomists often assume that technological innovation is exogenous (driven largely by external factors or forces), but this volume documents how innovation in energy markets is directly affected by prices. When oil, natural gas, or fossil fuels become scarce, prices increase. This stimulates innovation and the adoption of new technologies and techniques for recovery and use of these resources. Conversely, when these commodities are abundant, prices fall, slowing the pace of innovation and the adoption of new techniques. At the heart of international trade in commodities are cross-country differenc¬es in resource endowments. Natural resources are materials or substances that occur in nature and can be used for economic gain, and so these include not only reserves of hydrocarbons, minerals, fisheries, and forests, but also temperate weather, fertile land, and access to water, which are important to agriculture.
Author | : Christof Dejung |
Publisher | : Routledge |
Total Pages | : 378 |
Release | : 2018-01-31 |
Genre | : Business & Economics |
ISBN | : 1317296192 |
Commodity Trading, Globalization and the Colonial World: Spinning the Web of the Global Market provides a new perspective on economic globalization in the nineteenth and twentieth centuries. Instead of understanding the emergence of global markets as a mere result of supply and demand or as the effect of imperial politics, this book focuses on a global trading firm as an exemplary case of the actors responsible for conducting economic transactions in a multicultural business world. The study focuses on the Swiss merchant house Volkart Bros., which was one of the most important trading houses in British India after the late nineteenth century and became one of the biggest cotton and coffee traders in the world after decolonization. The book examines the following questions: How could European merchants establish business contacts with members of the mercantile elite from India, China or Latin America? What role did a shared mercantile culture play for establishing relations of trust? How did global business change with the construction of telegraph lines and railways and the development of economic institutions such as merchant banks and commodity exchanges? And what was the connection between the business interests of transnationally operating capitalists and the territorial aspirations of national and imperial governments? Based on a five-year-long research endeavor and the examination of 24 public and private archives in seven countries and on three continents, Commodity Trading, Globalization and the Colonial World: Spinning the Web of the Global Market goes well beyond a mere company history as it highlights the relationship between multinationally operating firms and colonial governments, and the role of business culture in establishing notions of trust, both within the firm and between economic actors in different parts of the world. It thus provides a cutting-edge history of globalization from a micro-perspective. Following an actor-theoretical perspective, the book maintains that the global market that came into being in the nineteenth century can be perceived as the consequence of the interaction of various actors. Merchants, peasants, colonial bureaucrats and industrialists were all involved in spinning the individual threads of this commercial web. By connecting established approaches from business history with recent scholarship in the fields of global and colonial history, Commodity Trading, Globalization and the Colonial World: Spinning the Web of the Global Market offers a new perspective on the emergence of global enterprise and provides an important addition to the history of imperialism and economic globalization.
Author | : Mr.Rabah Arezki |
Publisher | : International Monetary Fund |
Total Pages | : 112 |
Release | : 2017-12-01 |
Genre | : Business & Economics |
ISBN | : 1484330714 |
A survey of the complex and intertwined set of forces behind the various commodity markets and the interplay between these markets and the global economy. Summarizes a rich set of facts combined with in-depth analyses distillated in a nontechnical manner. Includes discussion of structural trends behind commodities markets, their future implications, and policy implications.
Author | : Photis Lysandrou |
Publisher | : Routledge |
Total Pages | : 156 |
Release | : 2018-11-02 |
Genre | : Business & Economics |
ISBN | : 0429806515 |
The 21st century marks a watershed in the history of the human economic condition. Income and wealth inequalities are now greater than ever before – and their role in the global financial crisis is one of the burning issues of today. Commodity looks at the great financial crisis from an entirely original perspective – that of the global commodity system as a newly operational totality. In the 19th century, the commodity system as defined by Karl Marx was limited to a few regions and embraced only the labour and capital capacities and their outputs. By the end of the 20th century, it encompassed the entire planet and embraced government capacity as well as private capacities, financial securities and material goods and services. This book shows how the financial crisis and its causes can only properly be understood as a result of this vast, unprecedented extension of the commodity system – a system which benefits the rich. The author makes the watertight case that it is only through the creation of a global tax authority – to coordinate national tax regimes and to implement a tax on global wealth – that we can avoid another crisis and create a fairer and more equitable world. Addressing a broad range of themes, Commodity offers a new perspective which will be of interest to political economists as well as researchers specialising in other related fields of social enquiry. Written in a clear and engaging way, the book’s concise nature also makes it accessible for the non-specialist reader, and it will especially appeal to all those who want a more just society.
Author | : Joseph Nevins |
Publisher | : Cornell University Press |
Total Pages | : 300 |
Release | : 2018-09-05 |
Genre | : Social Science |
ISBN | : 1501732277 |
Recent changes in the global economy and in Southeast Asian national political economies have led to new forms of commodity production and new commodities. Using insights from political economy and commodity studies, the essays in Taking Southeast Asia to Market trace the myriad ways recent alignments among producers, distributors, and consumers are affecting people and nature throughout the region. In case studies ranging from coffee and hardwood products to mushroom pickers and Vietnamese factory workers, the authors detail the Southeast Asian articulations of these processes while also discussing the broader implications of these shifts. Taken together, the cases show how commodities illuminate the convergence of changing social forces in Southeast Asia today, as they transform the terms, practices, and experiences of everyday life and politics in the global economy.
Author | : Carlos Marichal |
Publisher | : Bloomsbury Publishing |
Total Pages | : 203 |
Release | : 2024-08-22 |
Genre | : History |
ISBN | : 1350408131 |
This volume explores the global history of natural dyes from the Americas and asks how their production and trade have shaped globalisation since early modern times. From their extraction and processing to their overseas trade, it shows how this commodity contributed to the rise of the textile industry and consumption in Europe, the United States and Latin America. In doing so, it sheds new light on the emergence of a global economy. Spanning several centuries, Colours, Commodities and the Birth of Globalization takes the reader from 1500 through the industrial revolutions of Europe and the United States and culminates in the synthetic age of the late-19th and early-20th centuries. Ranging from the indigo trade in the Atlantic to the secrets of the Indian production of cochineal, the chapters in this collection transcend nationally bounded historical narratives and explore transoceanic dynamics, imperial ambitions and the cross-cultural exchange of knowledge and techniques to better understand the birth of globalization.
Author | : Masuma Farooki |
Publisher | : Routledge |
Total Pages | : 260 |
Release | : 2013-06-17 |
Genre | : Business & Economics |
ISBN | : 1136581960 |
Drawing on a large number of diverse sources, How China Disrupted Global Commodities comprehensively and systematically evidences the trends in the prices of different sets of commodities, analyses the drivers of China’s demand for commodities the factors constraining global supply and in the role which the financialisation of commodities is playing in constraining commodity production. It also documents and the growing role of China as a foreign investor in the commodities sectors. All of these trends are woven together to explore the fabric of strategic choices confronting public and private sector decision-makers.
Author | : Aharon Kellerman |
Publisher | : Edward Elgar Publishing |
Total Pages | : 224 |
Release | : 2020-02-28 |
Genre | : Social Science |
ISBN | : 1789901227 |
Presenting a comparative examination of five major voluntary global movements: commodities, people, capital, information and technology, this book traces and develops discussions of globalization and spatial mobility. The book further covers the means and media used for these mobilities: ports and ships, airports and airplanes, international banking electronic media, and the Internet, telephony and TV. Two concluding chapters focus on the mobile globe, highlighting present and future global mobility in general, and the relationships among the five global mobilities, in particular.