European Economic Integration, Wto Membership, Immigration And Offshoring

European Economic Integration, Wto Membership, Immigration And Offshoring
Author: Wilhelm Kohler
Publisher: World Scientific
Total Pages: 434
Release: 2014-03-07
Genre: Business & Economics
ISBN: 9814440205

This volume is a collection of papers that apply general equilibrium theory in order to obtain policy relevant insights on topical issues of international trade and migration. The first set of papers focuses on European integration, applying dynamic numerical general equilibrium methods to quantify the effects of geographic extension of the European Union, including the effects of Eastern enlargement of the EU on incumbent Western member countries. The second set of papers deals with the trade effects of WTO membership, with special focus on the so-called extensive country margin, where new international trading relationships are formed. The third set of papers focuses on immigration, offering a rigorous theoretical analysis of the so-called immigration surplus as well as an econometric estimation of the gains and pain that Germany has forgone by initially restricting immigration from new EU member countries after the EU's Eastern enlargement in 2004. And finally, the book contains a set of theoretical papers on the distributional effects of offshoring.

European Economic Integration, Wto Membership, Immigration and Offshoring

European Economic Integration, Wto Membership, Immigration and Offshoring
Author: Wilhelm K. Kohler
Publisher: World Scientific
Total Pages: 434
Release: 2014
Genre: Political Science
ISBN: 9814440191

This volume is a collection of papers that apply general equilibrium theory in order to obtain policy relevant insights on topical issues of international trade and migration. The first set of papers focuses on European integration, applying dynamic numerical general equilibrium methods to quantify the effects of geographic extension of the European Union, including the effects of Eastern enlargement of the EU on incumbent Western member countries. The second set of papers deals with the trade effects of WTO membership, with special focus on the so-called extensive country margin, where new international trading relationships are formed. The third set of papers focuses on immigration, offering a rigorous theoretical analysis of the so-called immigration surplus as well as an econometric estimation of the gains and pain that Germany has forgone by initially restricting immigration from new EU member countries after the EU''s Eastern enlargement in 2004. And finally, the book contains a set of theoretical papers on the distributional effects of offshoring. Contents: Introduction; Modeling EU-Type Economic Integration: Eastern Enlargement of the EU: Eastern Enlargement of the EU: Jobs, Investment and Welfare in Present Member Countries (Ben J Heijdra, Christian Keuschnigg and Wilhelm Kohler); Eastern Enlargement of the EU: A Comprehensive Welfare Assessment (Wilhelm Kohler); The Role of Distance and WTO Membership for Trade: Exploring the Intensive and Extensive Margins of World Trade (Gabriel J Felbermayr and Wilhelm Kohler); WTO Membership and the Extensive Margin of World Trade: New Evidence (Gabriel J Felbermayr and Wilhelm Kohler); Offshoring: A New Form of Trade, Conventional Mechanisms?: The Distributional Effects of International Fragmentation (Wilhelm Kohler); Aspects of International Fragmentation (Wilhelm Kohler); International Outsourcing and Factor Prices with Multistage Production (Wilhelm Kohler); The Bazaar Effect, Unbundling of Comparative Advantage, and Migration (Wilhelm Kohler); International Migration: Gains and Pains?: Immigration and Native Welfare (Gabriel J Felbermayr and Wilhelm Kohler); Can International Migration Ever Be Made a Pareto Improvement? (Gabriel Felbermayr and Wilhelm Kohler); Restrictive Immigration Policy in Germany: Pains and Gains Foregone? (Gabriel Felbermayr, Wido Geis and Wilhelm Kohler). Readership: Postgraduate students and researchers in the field of international economics.

Asian Free Trade Agreements and WTO Compatibility

Asian Free Trade Agreements and WTO Compatibility
Author: Shintaro Hamanaka
Publisher: World Scientific
Total Pages: 300
Release: 2014
Genre: Political Science
ISBN: 9814460419

This book investigates the appropriate relationship between regionalism and multilateralism, with a special reference to recent FTAs in Asia. It is undeniable that past trade multilateralism-regionalism debates centered on the trade-in-goods aspect.

Exchange Rates And Global Financial Policies

Exchange Rates And Global Financial Policies
Author: Paul De Grauwe
Publisher: World Scientific
Total Pages: 585
Release: 2014-02-04
Genre: Business & Economics
ISBN: 9814513202

Exchange Rates and Global Financial Policies brings together research and work done by world-class economist Paul De Grauwe over the past two decades. Drawing inspiration from behavioural finance literature, De Grauwe covers topics such as exchange rate economics, monetary integration (with particular attention on the Eurozone), and international macroeconomics.His work is categorised across three parts. The first part develops new theoretical and empirical approaches to exchange rate modelling. The second part features a collection of papers on the theory and empirical analysis of monetary unions. The final part contains criticism of mainstream macroeconomic models as well as proposed alternative modelling approaches.

The Role of Central Banks in Financial Stability

The Role of Central Banks in Financial Stability
Author: Douglas Darrell Evanoff
Publisher: World Scientific
Total Pages: 462
Release: 2014
Genre: Business & Economics
ISBN: 981444992X

The two most topical issues in current financial markets deal with the causes of the recent financial crisis and the means to prevent future crises. This book addresses the latter and stresses a major shift in most countries toward a better understanding of financial stability and how it can be achieved. In particular, the papers in this volume examine the recent change in emphasis at central banks with regard to financial stability. For example: What were the cross-country differences in emphasis on financial stability in the past Did these differences appear to affect the extent of the adverse impact of the financial crisis on individual countries What are perceived to be the major future threats to financial stability These and related issues are discussed in the book by well-known experts in the field OCo some of the best minds in the world pursuing financial stability. Following the global financial crisis, significant reforms have been initiated in many countries to address financial stability more directly, frequently focusing on macroprudential policy frameworks in which central banks play a more active role."

Applied Trade Policy Modeling In 16 Countries: Insights And Impacts From World Bank Cge Based Projects

Applied Trade Policy Modeling In 16 Countries: Insights And Impacts From World Bank Cge Based Projects
Author: David G Tarr
Publisher: World Scientific
Total Pages: 548
Release: 2014-04-22
Genre: Political Science
ISBN: 9814551449

This book focuses on the World Bank projects, led by the author, based on computable general equilibrium models of international trade policy. The chapters show an unusual combination of policy relevance, advice and impact, with academic rigor and international trade theory insights. The author discusses some of the policy contexts for the requests from developing and transition countries to the World Bank, the key trade theory or policy insights, policy recommendations and conclusions, and the policy impacts.

The Social Value of the Financial Sector

The Social Value of the Financial Sector
Author: Viral V. Acharya
Publisher: World Scientific
Total Pages: 536
Release: 2014
Genre: Business & Economics
ISBN: 9814520292

As a result of the recent financial crisis, there has been significant public debate on the role of the financial sector in bringing about the Great Depression. More generally, there has been debate about whether the current industry structure has enhanced social welfare or served a detrimental role. This book is a collection of papers presented at the conference held at the Federal Reserve Bank of Chicago, in November 2012 that examined the social value of the financial sector as currently structured. Issues evaluated include what are the perceived benefits and costs of the current financial system How valuable have industry innovations been for society Should regulation be used to move the industry in a direction thought to be more valuable for society Should big banks be broken up What are the welfare implications of the current industry structure In the book, leading industry scholars debate these issues with a goal of influencing public policy toward the industry.

Making Globalization Work

Making Globalization Work
Author: Joseph E. Stiglitz
Publisher: W. W. Norton & Company
Total Pages: 401
Release: 2007-08-28
Genre: Business & Economics
ISBN: 0393330281

Nobel Prize winner Stiglitz focuses on policies that truly work and offers fresh, new thinking about the questions that shape the globalization debate.

Handbook of Deep Trade Agreements

Handbook of Deep Trade Agreements
Author: Aaditya Mattoo
Publisher: World Bank Publications
Total Pages: 768
Release: 2020-09-23
Genre: Political Science
ISBN: 1464815542

Deep trade agreements (DTAs) cover not just trade but additional policy areas, such as international flows of investment and labor and the protection of intellectual property rights and the environment. Their goal is integration beyond trade or deep integration. These agreements matter for economic development. Their rules influence how countries (and hence, the people and firms that live and operate within them) transact, invest, work, and ultimately, develop. Trade and investment regimes determine the extent of economic integration, competition rules affect economic efficiency, intellectual property rights matter for innovation, and environmental and labor rules contribute to environmental and social outcomes. This Handbook provides the tools and data needed to analyze these new dimensions of integration and to assess the content and consequences of DTAs. The Handbook and the accompanying database are the result of collaboration between experts in different policy areas from academia and other international organizations, including the International Trade Centre (ITC), Organisation for Economic Co-operation and Development (OECD), United Nations Conference on Trade and Development (UNCTAD), and World Trade Organization (WTO).

Offshoring and the Internationalization of Employment

Offshoring and the Internationalization of Employment
Author: Peter Auer
Publisher: International Labour Organization
Total Pages: 272
Release: 2006
Genre: Business & Economics
ISBN: 9789290147831

This collection of papers examines key trends in the internationalisation of employment, drawing on the proceedings of an ILO conference held in Annecy, France in April 2005. The papers focus on three related issues: the impacts of trade and investment abroad, including the offshoring of production of goods and services, and effects on the winners and losers in terms of employment; adjustment methods for coping with the short and medium term problems related to the globalisation of employment; and the importance of international instruments to help ensure a level playing field in trade and promote development, drawing on established rights and international labour standards.