The Regionalization of the World Economy

The Regionalization of the World Economy
Author: Jeffrey A. Frankel
Publisher: University of Chicago Press
Total Pages: 295
Release: 2007-12-01
Genre: Business & Economics
ISBN: 0226260224

Regional economic arrangements such as free trade areas (FTAs), customs unions, and currency blocs, have become increasingly prevalent in the world economy. Both pervasive and controversial, regionalization has some economists optimistic about the opportunities it creates and others fearful that it may corrupt fragile efforts to encourage global free trade. Including both empirical and theoretical studies, this volume addresses several important questions: Why do countries adopt FTAs and other regional trading arrangements? To what extent have existing regional arrangements actually affected patterns of trade? What are the welfare effects of such arrangements? Several chapters explore the economic effects of regional arrangements on patterns of trade, either on price differentials or via the gravity model on bilateral trade flows. In addition, this book examines the theoretical foundation of the gravity model. Making extensive use of the gravity model of bilateral trade, several chapters explore the economic effects of regional arrangements. In addition, this book examines the theoretical foundation of the gravity model.

Regionalization and Globalization in the Modern World Economy

Regionalization and Globalization in the Modern World Economy
Author: Alex E. Fernandez Jilberto
Publisher: Routledge
Total Pages: 385
Release: 2002-01-22
Genre: Business & Economics
ISBN: 113467547X

This collection explores the importance of regionalization and globalization to the world economy, particularly questioning whether the world economy is characterized by increasing regionalization, rather than globalization. International contributors explore the processes in the Pacific area, the Americas, Africa and Europe and make an important contribution to current debates in development economics.

Social Regionalism in the Global Economy

Social Regionalism in the Global Economy
Author: Adelle Blackett
Publisher: Routledge
Total Pages: 635
Release: 2010-12-20
Genre: Business & Economics
ISBN: 1136922946

Regional trade agreements have expanded exponentially over the past decade, and have become a significant, if controversial, factor in the expanse of economic globalization. Social Regionalism in the Global Economy attempts to take a fresh, interdisciplinary approach to addressing labour regulation by drawing upon insights from industrial relations, comparative capitalism, and new governance schools of thought. It stands for the proposition that an interdisciplinary study of regional regulation holds the potential to offer a fuller account of social regionalism. Its focus is to consider how institutions and labour market actors reconstruct and renegotiate regulatory space in a changing economic environment characterized by regional impulses. It argues that there is a dynamic interplay between institutions and actors of social regulation. This interplay occurs at many levels. The book therefore maps both how actors shape institutions as well as how institutions shape social actors’ ability to affect regulatory processes. The editors bring together leading international specialists willing to move beyond textual analyses of regional agreements to offer alternative accounts of regional integration. The work emphasizes that institutional context and social actors at multiple governance levels are integral to the progressive construction and regulation of regional space. It further contributes to the literature by combining insights from overlooked regional entities in transition and developing countries with original analyses from the European Union and the NAFTA. These aims will be achieved by combining original research that is empirically grounded with theoretically informed analysis.

Globalism and the New Regionalism

Globalism and the New Regionalism
Author: Osvaldo Sunkel
Publisher: Springer
Total Pages: 304
Release: 2016-07-27
Genre: Political Science
ISBN: 134927268X

This is the first of five volumes reporting on the UNU-WIDER study on New Regionalism. It deals with the conceptions and meanings of two processes which probably will have a crucial influence on the shape of the 'new world order' - globalization and regionalization. These studies relate to each other as challenge to response, globalization being the challenge of economic and cultural homogenization of the world and regionalization being a social and political reaction. The leading writers in the field contribute thought-provoking and fascinating articles to this volume.

Regionalisation and Global Governance

Regionalisation and Global Governance
Author: Andrew F. Cooper
Publisher: Routledge
Total Pages: 286
Release: 2007-12-21
Genre: Business & Economics
ISBN: 1134052472

This book explores the relationship between regionalization and global governance, surveying the theoretical debates, economic dimensions, security considerations and governing structures.

The Handbook of Global Science, Technology, and Innovation

The Handbook of Global Science, Technology, and Innovation
Author: Daniele Archibugi
Publisher: John Wiley & Sons
Total Pages: 629
Release: 2015-09-28
Genre: Political Science
ISBN: 111873906X

The Handbook of Global Science, Technology, and Innovation This unique Handbook provides an overview of the globalization of science, technology, and innovation, including global trends in the way knowledge is produced and distributed, the development of institutions, and global policy. It shows how technological change and innovation are shaped by the role of emerging countries in the generation of science and technological knowledge, and transnational corporations, and how reforms in intellectual property rights and world trade have been affected by the increasingly international flows of knowledge, technology, and innovation. The book provides an in-depth assessment of the themes and direction of science, technology, innovation, and public policy in an increasingly globalized world. With contributions from an international team of leading scholars, this cutting-edge reference work introduces readers to current debates about the role of science and technology in global society and the policy responses that shape its development. Comprising 28 specially commissioned chapters, the Handbook addresses major trends in global policy, including a significant shift toward private scientific research, the change in the distribution of science and technical knowledge, and a heightened awareness among policymakers of the economic and technological impact of scientific activity. Accessibly written, it provides an invaluable one-stop reference for students, social researchers, scientists, and policymakers alike.

Globalization and Regionalization

Globalization and Regionalization
Author: Peter J. Buckley
Publisher: Psychology Press
Total Pages: 386
Release: 1998
Genre: Business & Economics
ISBN: 9780789005137

Globalization and Regionalization: Strategies, Policies, and Their Economic Environment puts you on top of the world, with the big picture of global trade and rapid business internationalization at your feet. You’ll see how the two opposing market forces, globalization and regionalization, have created a new international trade environment. In addition, you’ll see how the recent upsurge in preferential trading arrangements, the new technologies adapted by firms, and the foreign direct investment (FDI) and trade policies of countries and blocs have combined to dramatically change how and why international business is conducted. Globalization and Regionalization is just what it says it is--a guide to understanding the strategies and policies that countries and firms employ to prosper in an international business environment in which globalization and regionalization seem to act as opposing forces. In this unique volume, you’ll discover how some of the top competing business scholars in the world see the way that regionalization and globalization can function as complements to each other, actually becoming the building blocks that lead to global strategies. Specifically, this book gives you world-class information about: how to evaluate trade creation and trade diversion at the country level the dynamics of optimal entry strategy for multinational enterprises (MNEs) the effects of differences between countries’competition policies on cross border mergers and acquisitions the internationalization of services through international banking strategy how an open door policy allows China to play an important role in the recrudescence of globalization Vietnam as host to foreign business activity Globalization and Regionalization is the collective and international result of the World Conference on Globalization and Regionalization at the University of Paris I Pantheon-Sorbonne. If you’re an educator, international business director, scholar of international studies, or entrepreneur, you’ll definitely want to get the information that was presented at this important international venue. Overall, this collection will give you a clearer picture of the current direction of international trade in today’s rapidly shifting and progressive global trade environment.

Revisiting Regionalism and the Contemporary World Order

Revisiting Regionalism and the Contemporary World Order
Author: Élise Féron
Publisher: Verlag Barbara Budrich
Total Pages: 306
Release: 2019-10-28
Genre: Political Science
ISBN: 3847414976

The book critically analyzes the ongoing changes in the regional, intra-regional, and global dynamics of cooperation, from a multi-disciplinary and pluralist perspective. It is based on the insight that in a post-hegemonic world the formation of regions and the process of globalization can be largely disconnected from the orbit of the US, and that a plurality of power and worldviews has replaced US hegemony. In spite of these changes, most existing analyses of current changes in the world order still rely upon Western-centered approaches, and Westphalian thinking. Against this backdrop, the book proposes to advance a truly global IR understanding of the post-hegemonic world, and weaves together the pluralist and multi-disciplinary perspectives of scholars located all around the world.

Global Business Cycles

Global Business Cycles
Author: Mr.Ayhan Kose
Publisher: International Monetary Fund
Total Pages: 51
Release: 2008-06-01
Genre: Business & Economics
ISBN: 1451870019

This paper analyzes the evolution of the degree of global cyclical interdependence over the period 1960-2005. We categorize the 106 countries in our sample into three groups-industrial countries, emerging markets, and other developing economies. Using a dynamic factor model, we then decompose macroeconomic fluctuations in key macroeconomic aggregates-output, consumption, and investment-into different factors. These are: (i) a global factor, which picks up fluctuations that are common across all variables and countries; (ii) three group-specific factors, which capture fluctuations that are common to all variables and all countries within each group of countries; (iii) country factors, which are common across all aggregates in a given country; and (iv) idiosyncratic factors specific to each time series. Our main result is that, during the period of globalization (1985-2005), there has been some convergence of business cycle fluctuations among the group of industrial economies and among the group of emerging market economies. Surprisingly, there has been a concomitant decline in the relative importance of the global factor. In other words, there is evidence of business cycle convergence within each of these two groups of countries but divergence (or decoupling) between them.