Meeting Globalization's Challenges

Meeting Globalization's Challenges
Author: Luís Catão
Publisher: Princeton University Press
Total Pages: 304
Release: 2019-11-05
Genre: Business & Economics
ISBN: 0691188939

"In the US, in Europe, and throughout the world, globalization, in tandem with technological progress, has left a massive number of people behind, feeling dispossessed, disenfranchised, and angry. Leading the charge of "hyperglobalization" during the second half of the last century, and enforcing the Western framework of austerity in the developing world has been the International Monetary Fund. Along with the World Bank and WTO, many consider the IMF one of the most consequential institutions to have pushed the world economy blindly towards excessive globalization, while not adequately considering its powerful negative consequences. In October 2017, however, the IMF convened with some of the world's most celebrated economists and experts on trade and globalization to have an honest discussion on the most pressing concerns the world faces today as a result of globalization, and how to address the extensive challenges it has created. Edited by chief economist Maurice Obstfeld and senior economist Luis Catao of the IMF, the book brings together a team of respected senior economists with the most promising younger scholars to address five major themes: how globalization affects economic growth and social welfare; potential political implications of an honest discussion of globalization, and that "free trade may not be politically viable"; free trade's role in global inequality; how workers adjust or not when they're dislocated by globalization; and how trade policy influences the way countries develop their economies and societies. The book could represent a historic milestone at which the world's top economists and policymakers have an unprecedented, honest debate about the real costs and consequences of globalization"--

Challenges to Globalization

Challenges to Globalization
Author: Robert E. Baldwin
Publisher: University of Chicago Press
Total Pages: 560
Release: 2007-11-01
Genre: Business & Economics
ISBN: 0226036553

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.

Globalization for Development

Globalization for Development
Author: Ian Goldin
Publisher: Oxford University Press
Total Pages: 354
Release: 2012-02-16
Genre: Business & Economics
ISBN: 0199645566

The book defines the big historical trends, identifies the main globalization processes - trade, finance, aid, migration, and ideas - and examines how each can contribute to economic development.

Globalization for Development

Globalization for Development
Author: Ian Goldin
Publisher: World Bank Publications
Total Pages: 332
Release: 2007-05-16
Genre: Business & Economics
ISBN: 082136930X

Globalization and its relation to poverty reduction and development is not well understood. The book identifies the ways in which globalization can overcome poverty or make it worse. The book defines the big historical trends, identifies main global flows - trade, finance, aid, migration, and ideas - and examines how each can contribute to undermine economic development. By considering what helps and what does not, the book presents policy recommendations to make globalization more effective as a vehicle for shared growth and prosperity. It will be of interest to students, researchers and anyone interested in the effects of globalization in today's economy and in international development issues.

Labour and the Challenges of Globalization

Labour and the Challenges of Globalization
Author: Andreas Bieler
Publisher: Pluto Press (UK)
Total Pages: 356
Release: 2008-02-20
Genre: Business & Economics
ISBN:

This book critically examines the responses of the working classes of the world to the challenges posed by the neoliberal restructuring of the global economy. Neoliberal globalisation, the book argues, has created new forms of polarisation in the world. A renewal of working class internationalism must address the situation of both the more privileged segments of the working class and the more impoverished ones. The study identifies new or renewed labour responses among formalised core workers as well as those on the periphery, including street-traders, homeworkers and other 'informal sector' workers. The book contains ten country studies, including India, China, South Korea, Japan, Germany, Sweden, Canada, South Africa, Argentina and Brazil. It argues that workers and trade unions, through intensive collaboration with other social forces across the world, can challenge the logic of neoliberal globalization.

Global Turning Points

Global Turning Points
Author: Mauro F. Guillén
Publisher: Cambridge University Press
Total Pages: 193
Release: 2012-09-20
Genre: Business & Economics
ISBN: 1139577042

The twenty-first century is replete with uncertainty and complexity: game-changing events and trends are transforming the world beyond recognition. For the first time in human history more people live in cities than in the countryside and greater numbers suffer from obesity than from hunger. Emerging economies now represent half of the global economy and during the next few decades India will be the biggest country in terms of population, China the largest in output and the United States the richest among the major economies on a per capita income basis. Food and water shortages will likely become humankind's most important challenge. In this accessible introduction, Mauro Guillén and Emilio Ontiveros deploy the tools of economics, sociology and political science to provide an analytical perspective on both the problems and opportunities facing business in the modern world.

Rules for the Global Economy

Rules for the Global Economy
Author: Horst Siebert
Publisher: Princeton University Press
Total Pages: 289
Release: 2016-06-28
Genre: Business & Economics
ISBN: 0691170924

Rules for the Global Economy is a timely examination of the conditions under which international rules of globalization come into existence, enabling world economic and financial systems to function and stabilize. Horst Siebert, a leading figure in international economics, explains that these institutional arrangements, such as the ones that govern banking, emerge when countries fail to solve economic problems on their own and cede part of their sovereignty to an international order. Siebert demonstrates that the rules result from a trial-and-error process--and usually after a crisis--in order to prevent pointless transaction costs and risks. Using an accessible and nonmathematical approach, Siebert links the rules to four areas: international trade relations, factor movements, financial flows, and the environment. He looks at the international division of labor in the trade of goods and services; flow of capital; diffusion of technology; migration of people, including labor and human capital; protection of the global environment; and stability of the monetary-financial system. He discusses the role of ethical norms and human rights in defining international regulations, and argues that the benefits of any rules system should be direct and visible. Comprehensively supporting rules-based interactions among international players, the book considers future issues of the global rules system.

The Challenge of Global Capitalism

The Challenge of Global Capitalism
Author: Robert Gilpin
Publisher:
Total Pages: 373
Release: 2002
Genre: Business & Economics
ISBN: 9780691092799

Arguing that global markets must rest on secure political institutions, the author examines the global economy and the forces that shape it and hinder it in the world.

Engineering Management

Engineering Management
Author: C. M. Chang
Publisher: CRC Press
Total Pages: 501
Release: 2016-11-25
Genre: Business & Economics
ISBN: 1498730116

Engineering Management: Meeting the Global Challenges prepares engineers to fulfill their managerial responsibilities, acquire useful business perspectives, and take on the much-needed leadership roles to meet the challenges in the new millennium. Value addition, customer focus, and business perspectives are emphasized throughout. Also underlined are discussions of leadership attributes, steps to acquire these attributes, the areas engineering managers are expected to add value, the web-based tools which can be aggressively applied to develop and sustain competitive advantages, the opportunities offered by market expansion into global regions, and the preparations required for engineering managers to become global leaders. The book is organized into three major sections: functions of engineering management, business fundamentals for engineering managers, and engineering management in the new millennium. This second edition refocuses on the new strategy for science, technology, engineering, and math (STEM) professionals and managers to meet the global challenges through the creation of strategic differentiation and operational excellence. Major revisions include a new chapter on creativity and innovation, a new chapter on operational excellence, and combination of the chapters on financial accounting and financial management. The design strategy for this second edition strives for achieving the T-shaped competencies, with both broad-based perspectives and in-depth analytical skills. Such a background is viewed as essential for STEM professionals and managers to exert a strong leadership role in the dynamic and challenging marketplace. The material in this book will surely help engineering managers play key leadership roles in their organizations by optimally applying their combined strengths in engineering and management.