Customer Reviews:
a very nice book!!.......2007-07-11
I am an Econ major undergrad. I used this book for my international economics class. I am an international student, and was not able to understand my professors accent very well. So all I did was read this book. And guess what, I got an A+ in this course! THIS IS AN AWESOME BOOK!!!
Not that great.......2004-05-14
I read this book for an international studies class, but as an econ minor, i was really dissapointed. the book is targeted towards non-econ majors, i think, but it ended up just confusing most of my friends in the class who had no econ background. however, i did okay, not becuase of this book, but because of my own econ background that allowed me to fill in the gaps and understand the confusing explenations and definitions used in this book. there are better ways to say what gerber tried to say, in my opinion, so i would not recomend this book very highly. although it was decent, it could have been much better.
Average customer rating:
- Rodrik gets it right
- good source of hot topic
- Provides indepth analysis of the issues involved...
- ONE OF THE BEST BOOKS ON THE TOPIC!
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Has Globalization Gone Too Far?
Dani Rodrik
Manufacturer: Institute for International Economics
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ASIN: 0881322415 |
Download Description
Globalization is exposing social fissures between those with the education, skills, and mobility to flourish in an unfettered world market-the apparent "winners"-and those without. These apparent "losers" are increasingly anxious about their standards of living and their precarious place in an integrated world economy. The result is severe tension between the market and broad sectors of society, with governments caught in the middle. Compounding the very real problems that need to be addressed by all involved, the kneejerk rhetoric of both sides threatens to crowd out rational debate. From the United States to Europe to Asia, positions are hardening. Author Dani Rodrik brings a clear and reasoned voice to these questions. Has Globalization Gone Too Far? takes an unblinking and objective look at the benefits-and risks-of international economic integration, and criticizes mainstream economists for downplaying its dangers. It also makes a unique and persuasive case that the "winners" have as much at stake from the possible consequences of social instability as the "losers." As Rodrik points out, ". . . social disintegration is not a spectator sport-those on the sidelines also get splashed with mud from the field. Ultimately, the deepening of social fissures can harm all." President Clinton has read the book and it provided the conceptual basis for the trade/IMF portions of the State of the Union message in January 1998.
Customer Reviews:
Rodrik gets it right.......2003-07-28
In his spellbinding account of the economic realities of globalization, Dani Rodrik gets it right. Whether it is his accounting of the increased elasticity in the job market or his discussion of labor as a factor bearing a higher incidence of non-wage costs, today's economy makes Rodrik seem prophetic. It is a book whose time has come, any thinking person should buy this book.
good source of hot topic.......2002-01-08
It seems that over the past few years, the topic of globilization aond free trade have become hot topics because of events like the WTO protests in Seattle, the World Bank protests in DC and Ralph Nader's run for the presidency in 1996 and 2000.
Has globilization gone too far? is a good source for those people trying to find out more about the issue because it shows what happens under globilization both theoritically and in real life. It presents the arguements against free trade and the problems associated it with it like loss of jobs and capital outflows so it is good to understand the oposing view.
Provides indepth analysis of the issues involved..........2000-10-20
This is an excellent book that dwells in to the effects of globalization, related issues and potential solutions. It discusses social issues and policies within the context of globalization. It also dwells in to the issues related to labor standards and income distribution. Rodrik presents good solutions but they are debatable and not easy to implement.
I feel that Rodrik discusses solely from the perspectives of industrialized nations' interests. I would have liked him to explore more from the perspectives of under developed/developing nations'.
ONE OF THE BEST BOOKS ON THE TOPIC!.......2000-04-18
Seldom can one find an economist whose sensitivity to political and social issues coexist in perfect harmony with a technically impecable background. Rodrik is one such rare creature. His book addresses the issue of globalization, defying economic theories and pointing straight to the problem: globalization engenders social instability, that in turn unables financial/economic stability to be sustained. Accoridng to Rodrik, unless attention is given to the "lossers" of this process, protectionism may strike back. Rodrik is successful in showing that globalization is NOT "the end of history", and should not be taken for granted.
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Due to massive media coverage, many people are familiar with the controversy and organized resistance that globalization has generated around the world, yet explaining what globalization actually means in practice is a complicated task. For those wanting to learn more, this book is an excellent place to start. An experienced economist, Joseph Stiglitz had a brilliant career in academia before serving for four years on President Clinton's Council of Economic Advisors and then three years as chief economist and senior vice president of the World Bank. His book clearly explains the functions and powers of the main institutions that govern globalization--the International Monetary Fund, the World Bank, and the World Trade Organization--along with the ramifications, both good and bad, of their policies. He strongly believes that globalization can be a positive force around the world, particularly for the poor, but only if the IMF, World Bank, and WTO dramatically alter the way they operate, beginning with increased transparency and a greater willingness to examine their own actions closely. Of his time at the World Bank, he writes, "Decisions were made on the basis of what seemed a curious blend of ideology and bad economics, dogma that sometimes seemed to be thinly veiling special interests.... Open, frank discussion was discouraged--there was no room for it." The book is not entirely critical, however: "Those who vilify globalization too often overlook its benefits," Stiglitz writes, explaining how globalization, along with foreign aid, has improved the living standards of millions around the world. With this clear and balanced book, Stiglitz has contributed significantly to the debate on this important topic. --Shawn Carkonen
Book Description
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.
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Problems of Globalization spelled out in a lucid way........2007-09-24
This is really a wonderful book on the problems of globalization. Stiglitz points out many of the problems of the IMF and its imposing of conditions on those nations who need its help. Stiglitz points out that free market liberalization without the proper infrastructures such as unemployment insurance and market regulations can cause great harm to developing nations. Unfortunately, the IMF pushes for free market liberalization and very severe austerity plans when it gives out loans. The author does a great job in taking an esoteric subject and making it very understandable to a common reader. The book is really a primer in some ways but he also goes into different examples. He also gives some ideas on what are the solutions to the problems. If anyone wants some background on why there are so many protests at World Trade Organization meetings or other types of economic summits, this book will give you the big picture view of the situations. Stiglitz gives constructive and lucid ideas on what are the remedies to the problems. I took a class on Globalism in MBA school and this was a great book reminding me of the problems in a world economy. Stiglitz shows his ideas that globalization is something that needs to profit the poor and improve lives instead of just backing the interests of the rich. He makes a point several times that institutions like the IMF that play a role in affecting the economic policies of a developing nation need to have transparency, accountability, and approval by the people of that developing nation. He does not advocate throwing out the system; he wants globalization to be a better system for all nations.
World Bank.......2007-06-26
Stiglitz shreds the IMF -- tactfully -- but not tactfully enough to avoid an angry backlash from his peers at the IMF. He highlights what has been wrong and even idiotic about IMF-run globalization and ill-timed structural adjustments, poor sequencing. He thinks democratic leaders should decide HOW they implement global economics, perhaps with some guidance, not just the avaricious Washington Consensus demanding austerity measure and open up for speculative capital flows.
He describes how the World Bank, with himself at the helm, tried to accomplish it's historical purpose -- to spread prosperity and help facilitate trade, not looting. He described some brilliant and compassionate leaders and economists he worked with.
But until recently, it's been Paul Wolfowitz in charge of what Stiglitz used to do. Woe be unto all of us.
what globalization really is.......2007-05-18
a well written ballanced book that takes a deep look at what globalization is and how it effects people, business and government, from the rich to the poor. easy to read for the non-economist, with both sides of the debate being represented equally leaving the reader with a better understanding of the forces behind their changing world.
Ten Things I learned from Globalization and its Discontents.......2007-04-11
1. This book is highly informdative about the effects of the IMF and the World Bank on the world's unequal economy, with a closer focus on the IMF.
2. It describes in detail the muddy mix of false beliefs, borderline corruption and gross incompetence that drive the international financial institutions and inform their ivory tower decisions which have such profound effect on the people of the world.
3. Stiglitz clearly explains economic theories that clearly rebut the policies of the IMF.
4. He gives in-depth case studies that illustrate the inextricable mess these lending institutions can make in attempting to control the macroeconomic processes of poor nations.
5. He is especially informative in his unpacking of the Asian Financial Crisis of 1998, its causes, and how the IMF contributed to large-scale economic disaster. He explains the speculation encouraged by the IMF and the subsequent scares that led investors to flee en masse from the region. Then he discusses how the IMF's policies of structural adjustment and budgetary restraint further harmed nations. Malaysia, who refused to listen to the IMF, suffered the least from the massive economic downturn.
6. He also enlightens the reader about why Russia fell into such disarray after its post-Cold War "freedom." Without a gradual transition to a market economy, as China has been successful in accomplishing, Russia found itself in a crisis where the powerful managed to gain the bulk of the wealth and those with little power descended into poverty without a welfare state to aid them.
7. He explains clearly the conflict between the IMF's Keynsian roots, which aim to support failing economies by extending credit to be able to continue functioning, and its present policies, which force failing economies to reduce its spending, thereby causing nations and people to suffer.
8. As an insider, Stiglitz is able to describe the callousness with which the IMF views - or doesn't view - the people most affected by their policies is part of the organizational structure.
9. The worst part is that we can get all of this information, but lending institutions are not accountable to us or to the people for whom they make such life-altering decisions.
10. Yet only by sharing this information will nations who do have to decide to accept that IMF loan or not be able to understand the consequences of their decision, will individuals be able to stage protest or other forms of dissent, and will change hopefully eventually come in the large institutions that control so much of what happens in the world.
One of the Best.......2007-01-20
A great book which should be read by many to help them have a clearer idea of what is happening around the world. the author gives you what you need to know about the globalization process and what goes on behind the curtain that covers it. however in order to understand it readers should have some essential information of economics. great book never got tired of it.
Book Description
Globalization is not a new phenomenon, nor is it irreversible. In Globalization and History, Kevin O'Rourke and Jeffrey Williamson present a coherent picture of trade, migration, and international capital flows in the Atlantic economy in the century prior to 1914--the first great globalization boom, which anticipated the experience of the last fifty years.
The authors estimate the extent of globalization and its impact on the participating countries, and discuss the political reactions that it provoked. The book's originality lies in its application of the tools of open-economy economics to this critical historical period--differentiating it from most previous work, which has been based on closed-economy or single-sector models. The authors also keep a close eye on globalization debates of the 1990s, using history to inform the present and vice versa.
The book brings together research conducted by the authors over the past decade--work that has profoundly influenced how economic history is now written and that has found audiences in economics and history, as well as in the popular press.
Customer Reviews:
Good Data, Wrong Bias.......2000-04-03
I would agree that this is a very good book in terms of presenting what happened in the 19th century Atlantic economy. I do have one critical observation. The authors blame the collapse of globalization on the lobbying of particular industries; thus setting up the argument that general gains from trade were lost to special interests. This is in accord with their belief that globalization is a good thing. As an economist working on these issues for many years, with experience in government as well as academics and the private sector, I have to disagree. Clearly, governments need to rally constituents to support policies. Yet, from our own Alexander Hamilton to Germany's Otto von Bismarck, and a host of others, states had a strategic vision of what was in the national interest for which they sought support. This is the origin of the "iron and wheat" alliances that O'Rourke and Williamson credit with undoing "free trade" on the continent. This was a strategy of national economic development and strategic independence under which the major powers were able to successfully increase their economic growth rates. For evidence of this I would recommend Paul Bairoch's book Economics and World History (Univ. of Chicago, 1993). As the great economic thinker Joseph Schumpeter observed "the consistent support given by the American people to protectionist policies...is accounted for not by any love for or domination by big business, but by a fervant wish to build and keep a world of their own and to be rid of all the vicissitudes of the rest of the world." This is true of most people, most places---which is why the current fad of globalization will not last either.
Economic History Made Delightful.......2000-01-24
This book is not an easy read. Especially if you are not interested in economics and lack basic economics terminologies, you'll certainly have difficulties appreciating this book the way it should be. It is, however, an tremendously insightful story of the evolution and devolution of globalizm in the world in the late 19th century and early 20th century. It, in rigorous details, shows how an earlier period of globalization in the late 19th century was self-destructed by the very same forces that established it as a significant force in the global economic system. It reflects how easy it is to lose the benefits of economic globalism which we today often take for granted.
Interesting history 19th cent. Atlantic globalization.......2000-01-12
I am an economist working on globalization issues, interested in history and economic history. I found this book an excellent study that puts globalization discussion in historical (19th century) context, a period of large international capital flows and even larger human capital flows. Th study uses data on these mass movements in production factors to empirically test/uses the standard international trade Heckscher Olin model on income and factor price distribution in trade. It shows that these mass movements had indeed measurable effects on income distribution following some of the model predictions. Problems of globalization in economic terms are indeed linked to the income effects of several groups in the economy following the opening up to increasing trade, investment and migration flows. All too often these discussions are marred by lack of data and lack of historical awareness, and i found this study filling a real gap. It surely will be contested but i found the analysis interesting and well-written. Recommended!
Book Description
"The United States, Canada, and Mexico need to modernize our relationship if we want the 21St Century to improve on the past. The three countries of North America already have a larger market than the European Union, but we have not begun to explore our potential as a diverse community. Robert Pastor's book offers a wealth of new ideas and proposals for constructing a North American Community and lifting all of the people of the entire continent"
--Vicente Fox, President of Mexico.
The Mexican peso crisis struck in late December 1994, coinciding with a new Mexican administration and the end of the first year of the North American Free Trade Agreement (NAFTA). The crisis poignantly highlighted the success and the inadequacy of the treaty-success in the expansion of trade and capital flows, and inadequacy in institutional capacity. The Canadian, Mexican, and US governments defined the agreement so narrowly that they failed to devise a mechanism that could monitor, anticipate, plan, or even respond to such a serious problem. The new president of Mexico, Vicente Fox Quesada, has boldly proposed transforming the free trade area into a common market like Europe's. This has evoked lukewarm responses from the Bush and Chrétien administrations, which have not yet developed ways to cope with the new problems stemming from accelerated social and economic integration or to take advantage of North America's opportunities.
In this visionary study, Robert A. Pastor seizes Fox's idea and maps out the paths toward making it a reality. He analyzes NAFTA's success and shortcomings, extracts lessons from the European Union's 40 years of reducing disparities between rich and poor countries, and proposes ways that NAFTA can adapt and incorporate those lessons. The centerpiece of the book is a detailed proposal and specific recommendations for new institutions and "North American policies," including plans for infrastructure and transportation, immigration and customs, a unified currency, and projects aimed to lift the poorer regions. The author addresses issues of sovereignty and national interest and concludes with a look ahead toward a Free Trade Area of the Americas.
This book is the first of its kind to propose a detailed approach to a North American Community - different from the European Common Market but drawing lessons from its experience. It will be of considerable interest for policymakers in the region as well as researchers and students of international political economy, world trade, and foreign affairs.
Customer Reviews:
This makes me sick!!!.......2006-07-13
I cannot believe what this guy is proposing!! I am going to pass this around as further ammunition that the federal government is not a government for, of, and by the People. The New American Century has only just begun.
But opposition is mounting. Perhaps the most blistering criticism has come from Lou Dobbs of CNN - a frequent critic of Bush's immigration policies.
"A regional prosperity and security program?" he asked rhetorically in a recent cablecast. "This is absolute ignorance. And the fact that we are -- we reported this, we should point out, when it was signed. But, as we watch this thing progress, these working groups are continuing. They're intensifying. What in the world are these people thinking about? You know, I was asked the other day about whether or not I really thought the American people had the stomach to stand up and stop this nonsense, this direction from a group of elites, an absolute contravention of our law, of our Constitution, every national value. And I hope, I pray that I'm right when I said yes. But this is -- I mean, this is beyond belief."
AMEN.
Recently, the Pittsburgh Tribune Review questioned the unchallenged momentum toward merger.
"Will Americans trade their dead presidents for Ameros?" the newspaper asked in an editorial last month.
The paper chided efforts at replacing the U.S. and Canadian dollars and Mexican peso with "the amero" - a knockoff of the euro - along with the building of "a looming NAFTA-like superstate." Citing the meeting between the three national leaders at Baylor University in Waco, Texas, in March 2005, the editorial warned: "Canadians, Mexicans and Americans who value the sovereignty of their respective countries should be concerned."
The Tribune Review editorial saw synergy between the plans of the national leaders and the ambitious agenda of the Council on Foreign Relations - seen by many as a kind of secretive, shadow government of the elite. The CFR issued a bold report in the spring of 2005, shortly after the joint announcements in Waco by Bush and his counterparts.
"The Council on Foreign Relations published a report in May -- "Building a North American Community" -- calling for, among other things, redefining the borders of the three nations, creating a super-regional governance board and the North American Paramilitary Group to ensure that Congress does not interfere with whatever the trilateral union feels like doing," said the paper. "Must the Bush administration happily sacrifice every shred of American sovereignty for the greater good of the New World Order?"
In fact, the CFR report is a five-year plan for the "establishment by 2010 of a North American economic and security community" with a common "outer security perimeter."
Some see it as the blueprint for merger of the U.S., Canada and Mexico. It calls for "a common economic space ... for all people in the region, a space in which trade, capital and people flow freely."
The CFR's strategy calls specifically for "a more open border for the movement of goods and people." It calls for laying "the groundwork for the freer flow of people within North America." It calls for efforts to "harmonize visa and asylum regulations." It calls for efforts to "harmonize entry screening."
In "Building a North American Community," the report states that Bush, Mexican President Vicente Fox and Canadian Prime Minister Paul Martin "committed their governments" to this goal March 23, 2005, at that meeting in Waco, Texas.
Alan Burkhart, who describes himself as a free-lance political writer, cross-country trucker "and proud citizen of one of the reddest of the Red States - Mississippi," is another critic seething over these plans that seem to have a life of their own - with little or no real public debate.
"As time passes, American corporations will find it unnecessary to move their facilities out of the country," writes Burkhart. "Our already stagnant wages will be just as low as those of Mexico. The cultures of three great nations will be diluted. Our currency will be replaced with the 'Amero.' And, we'll be one giant step closer to the U.N.'s perverse dream of a one-world government."
Pastor also was vice chairman of the May 2005 Council on Foreign Relations task force entitled "Building a North American Community" that presents itself as a blueprint for using bureaucratic action within the executive branches of Mexico, the U.S. and Canada to transform the current trilateral Security and Prosperity Partnership of North America into a North American union regional government.
THATS RIGHT PEOPLE.. THE GOVERNMENT IS PLANNING THIS AND ISN'T EVEN TELLING US ABOUT IT. APPARENTLY WE ARE NOT WORTH NOTIFYING!!!!!!!!!!!!!!!!!!!!!!!
Traitor to US Sovereignty, Constitution, Supreme Court.......2006-07-13
It may be the biggest story of the 21st century, but few press outlets are telling it. In fact, until very recently, few in the U.S. were aware of the plans and even fewer denouncing what appears to be the implementation of an effort some have characterized as "NAFTA on steroids."
All American people should be very concerned at the prospect of a North American Union - and the end of hope for the free country our Founding Fathers laid before us. We must resist to the bitter end of need be and fight the push bu multinational corporations and elite bankers' push for a new world order combining elements of fascism/corporatism and and end-run around our sovereignty by unsurping the powers of Congress and the American Legal System.
Is President Bush's reluctance to control the border and enforce laws requiring deportation of foreigners who enter the country illegally part of a master plan to all but eliminate borders between the U.S., Canada and Mexico? You bet.
If President Bush's agenda is to establish a new North American union government to supersede the sovereignty of the United States, then the president has an obligation to tell this to the American people directly. The American public has a right to know.
Phyllis Schlafly, the woman best known for nearly single-handedly leading the opposition that killed the Equal Rights Amendment, sees a sinister and sweeping agenda behind the Security and Prosperity Partnership of North America.
"Is the real push behind guest-worker proposals the Bush goal to expand NAFTA into the Security and Prosperity Partnership of North America, which he signed at Waco, Texas, last year and reaffirmed at Cancun, Mexico, this year?" she asks. "Bush is a globalist at heart and wants to carry out his father's oft-repeated ambition of a 'new world order.'"
She accuses the president and others behind the effort of wanting to obliterate U.S. borders in an effort to increase the Mexican population transfer and lower wages for the benefit of U.S. corporate interests.
America: From Freedom To Fascism. (Unless we oppose it by any means necessary).
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Handbook of Research on Asian Business (Elgar Original Reference)
Manufacturer: Edward Elgar Publishing
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Binding: Hardcover
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ASIN: 1843769603 |
Book Description
The rise of Asia as an important region for global business has been widely recognized as one of the most significant economic phenomena in the new millennium. This accessible and comprehensive Handbook brings together state-of-the-art reviews of Asian business in an expansive range of areas including:
* business organizations
* strategic management
* marketing
* state-business relations
* business and development
* business policy issues.
It is argued that whilst academic studies on Asian business have been in existence for over two decades, there is relatively little systematic integration of our knowledge and research on Asian business. The contributors, drawn from a variety of disciplines within the social sciences, aim to redress the balance with their lively, cutting-edge discussion.
Serving as a timely overview of more than two decades of scholarly research, this Handbook will be warmly welcomed by academics, students and researchers interested in Asian business.
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Arab Nationalism, Oil, and the Political Economy of Dependency: (Contributions in Economics and Economic History)
Abbas Alnasrawi
Manufacturer: Greenwood Press
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Binding: Hardcover
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ASIN: 0313276102 |
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This pathbreaking survey analyzes a complex subject and is especially timely at this critical juncture of international affairs. Abbas Alnasrawi covers the field from the emergence of modern Arab economic dependence to the present mid-eastern impasse. Alnasrawi contends that Arab economic development was shaped by Arab nationalist thought, the emergence of the oil industry in the Arab region, and the integration of Arab economies into the international economic system. The volume takes a clear-sighted look at the evolution of each of the three forces and details their impact on the development of the Arab economies, along with their present status. The contradictions between the needs of the single state and the needs of Arab economic integration, Arab unity, and pan-Arab economic planning receive special attention. Alnasrawi develops the concept of derivative dependency, illustrating the extent to which the economies of the non-oil states are being affected by what happens to the economies of the oil-producing states. The final chapter presents a detailed picture of the forces that led to the Iraqi invasion of Kuwait and integrates the events of August 1990 with the main themes of the book. Arab economic development is addressed in ten chapters that cover the period from the first phase of Arab dependency during the Ottoman period, 1500-1800, until the present time. Discussions of Arab dependency in the context of world capitalism, the emergence of modern Arab nationalism, and current Arab economic thought and writings are the focus of the first two chapters. Arab nationalism and Arab economic unity, multinational oil and the deepening of Arab dependency, and the Arab oil "weapon" are considered in the next three chapters. Chapter six examines the role of Saudi Arabia and the United States in the fall of OPEC. In "The 1980s, The Gulf War, and the Myth of Arab Oil Power," Alnasrawi explores the role of stockpiles, price revolution to price collapse, and the determinants of Saudi oil policy. Chapter eight takes a look at the dimensions of Arab economic dependency and closes with some observations on the political economy of Arab dependency. The book concludes with a chapter on the current problems of the Arab economies and their future prospects. Finally, the epilogue sheds new light on the present situation in Kuwait and shows how the Iraqi invasion supports the main themes of the volume. This in-depth review of Arab economic development puts this subject into a manageable context for students of Third World development, international relations, multinational oil policy, and foreign policy. It will also be an invaluable resource for courses dealing with the economics of oil, Middle East economic development, international economic problems, and international political economy.
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What requirements must Turkey¡Xthe largest country among the candidate and accession countries¡Xmeet to join the European Union? What progress has been made toward meeting them? This timely volume analyzes the economic challenges confronting Turkey in its quest to accede to the European Union (EU). It focuses on the extent to which Turkey is ready to join the Single Market, comply with the EU¡¦s body of economic regulations and directives, the Acquis Communautaire, and meet the Maastricht criteria for fiscal, monetary, and exchange rate policies. This book also provides an assessment of Turkey¡¦s national program to meet the accession requirements. It describes briefly what Turkey needs to achieve on the economic policy front to satisfy the conditions for accession, the progress to date, and the likely consequences of implementing the full body of EU requirements. The book is divided into four parts: * An analysis of the macroeconomic policies for EU accession
* An analysis of the effects of integration on key sectors: agriculture; manufacturing; services industries, including banking, telecommunications, transportation, and natural gas; and network industries
* An exploration of key economic policy challenges, including labor market regulation, foreign direct investment challenges, and the costs and benefits of meeting the EU environmental Acquis The quantification of the impact of EU accession and consideration of the welfare effects of integration While the focus is on the specific situation of Turkey, the subject will be of value to all researchers with an interest in the challenges of deeper integration through regional agreements.
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"What requirements must Turkey-the largest country among the candidate and accession countries-meet to join the European Union? What progress has been made toward meeting them? This timely volume analyzes the economic challenges confronting Turkey in its quest to accede to the European Union (EU). It focuses on the extent to which Turkey is ready to join the Single Market, comply with the EU's body of economic regulations and directives, the Acquis Communautaire, and meet the Maastricht criteria for fiscal, monetary, and exchange rate policies. This book also provides an assessment of Turkey's national program to meet the accession requirements. It describes briefly what Turkey needs to achieve on the economic policy front to satisfy the conditions for accession, the progress to date, and the likely consequences of implementing the full body of EU requirements. The book is divided into four parts: An analysis of the macroeconomic policies for EU accession An analysis of the effects of integration on key sectors: agriculture; manufacturing; services industries, including banking, telecommunications, transportation, and natural gas; and network industries An exploration of key economic policy challenges, including labor market regulation, foreign direct investment challenges, and the costs and benefits of meeting the EU environmental Acquis The quantification of the impact of EU accession and consideration of the welfare effects of integration While the focus is on the specific situation of Turkey, the subject will be of value to all researchers with an interest in the challenges of deeper integration through regional agreements. "
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Regulatory Competition and Economic Integration: Comparative Perspectives (International Economic Law)
Manufacturer: Oxford University Press, USA
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Binding: Hardcover
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ASIN: 0198299052 |
Book Description
Regulatory Competition and Economic Integration addresses one of the hottest policy questions on both sides of the Atlantic: at what level of government should regulation be undertaken? Whether called 'federalism' or 'subsidiarity', the struggle between those who wish to centralize governmental functions and those who seek to decentralize them looms large. Esty and Geradin bring together top-notch scholars from both Europe and the United States to examine the various aspects of the debate between 'harmonization' and 'regulatory competition' across three comparative dimensions: first, across regulatory areas (environment, banking, corporate law, labor, tax and antitrust); second, across models of economic integration (from highly integrated systems, such as the United States or the European Union, to loosely integrated regimes, such as the WTO); and third, across disciplinary perspectives (law, economics, business, political science). The book provides a sharp focus on the circumstances that would yield gains from regulatory competition and to contrast those cases where heightened co-operation in standard setting or broader regulatory harmonization might increase social welfare.
Book Description
For much of the post-World War II period, the increasing globalization of the U.S. economy was welcomed by policymakers and by the American people. We gained the benefits of cheaper and, in some cases, better foreign-made products, while U.S. firms gained wider access to foreign markets. The increasing economic interlinkages with the rest of the world helped promote capitalism and democracy around the globe. Indeed, we helped "win" the Cold War by trading and investing with the rest of the world, in the process demonstrating to all concerned the virtues of trade and markets. In recent years, however, a growing chorus of complaints has been lodged against globalization--which is blamed for costing American workers their jobs and lowering their wages. The authors of this book speak directly and simply to these concerns, demonstrating with easy prose and illustrations why the "globaphobes" are wrong. Globalization has not cost the United States jobs. Nor has it played any more than a small part in the disappointing trends in wages of many American workers. The challenge for all Americans is to embrace globalization and all of the benefits it brings, while adopting targeted policies to ease the very real pain of those few Americans whom globalization may harm. Globaphobia outlines a novel, yet sensible program for advancing this objective.
Customer Reviews:
The Very First Book To Read on Globalization.......2002-02-17
The ease of reading is exceptional. If you are worried about your limited understanding in economics and especially international trade, this is the book for you. In addition to the book being written and edited to be understood by nearly any modestly educated person it is further advantaged by authors that clearly understand the subject in great depth. As is so often the case the extremely well informed can write with such clarity for the lay reader.
As nearly all economists understand net trade flows always equal net investment flows. Shockingly large numbers of media and congressmen do not understand this utterly simple formula. In a nut shell, with all the foreign money pouring into the USA treasuries market, stock market and direct business investments over the last several decades, it follows that the USA would run trade deficits equal to the net investment inflow over the same period. If you do not understand this or you want an ultra easy review of these simple facts, this book was made for you. In a grand gesture of national service these authors wrote the book that was needed for general understanding of what positive and negative points globalization means to the USA. It is not designed for academic kudos.
If every modestly educated voter would read this book, the future of the USA and the world would be significantly brightened. While this is a pipe dream, at least read this book before you say one more word about globalization otherwise you may embarrass your self in the presence of informed people. If you are informed on economics please forgive my heavy handedness. It is not meant for you. This is a critical issue for underdeveloped nations and the mature nations, there is so much to be gained by informed voters on this subject.
This book is carefully grounded in the proven principals of economics. While a reviewer or two gives an impression to the contrary, decades of reading in economics provides me the confidence to assure you that this book is profoundly well grounded. At each point where scholars may differ the authors and editors have carefully laid out its discussion. This is not a book written with a liberal or conservative bent. Modern economics encompasses a significant degree of science and mathematical logic. To view this book as otherwise, is to be illogical or unwilling to accept the most basic proven equations. Again you will not find an easier more meaningful book to read on economics.
The USA economy for a variety of reasons has sharply declining need for workers without a high school education and places a continuing rising premium on post college education. Increasingly, those that can graduate from the elite institutions lead nearly a charmed life in the USA. Immigrants that are able to enter the USA with limited education are having increasing difficulty as the decades roll by. It is not clear that globalization is a meaningful factor in placing the such great educational needs on the American worker. This book helps frame the questions that might be asked about the rising importance of education in the USA. The book being about globalization does not dwell on this issue, but it does strongly suggest that the potential understanding of this issue of the exponentially rising need for superior knowledge is much broader than the globalization trend.
The most provocative theme in the latter chapters of the book is the impact of globalization on those American workers that are poorly educated. The adverse impacts on this group comes from rapid technology changes, defective educational system, ineffective governmental assistance and to a very small degree open trade. The authors documentation about how little negative impact foreign trade has on a very limited number of workers is shocking. A source of another worthy book would be to provide a more exhaustive review of this aspect. The authors conclude that the popular obsession on this point should treated with a reorganized aggressive worker assistance program. Almost any reasonable assistance program would be a modest cost relative to the diverse and powerful benefits that all the rest of Americans get from open trade according to the authors.
The authors are very negative on the effectiveness of government sponsored retraining. The book is highly critical of the governments ability to define injured parties in open trade without it being a political football. The authors suggest an assistance program that is indiscriminate as to the cause of worker misfortune and focuses on programs that show imperial evidence of effectiveness. The focal point is intermediate assistance for any lower income workers need to find new employment. While the left and the right quarrel about where to draw the line, the authors contend that so few people are in need relative to the benefits of open trade that just focusing on a well designed assistance program would make all the difference in giving support and comfort to the aggrieved relative to the huge benefits of open trade.
A little gem.......2001-06-30
Globaphobia is a great little text on the benefits of free trade. If only some of those protesting about the evils of capitalism actually took the time to educate themselves. They might then see that everyone benefits from free trade; developing countries have more jobs and developed countries higher real wages; consumers everywhere get greater choice.
There will always be losers - as the book makes clear. But that's a fact of life whichever economic creed you follow. There are significantly fewer losers in Asia now that forty years of economic liberalisation have raised income levels from paddy field to first world standards. This book explains why - in crisp simple terms.
Excellent Information BUT Beware of Assumptions.......2001-03-05
Globaphobia is an important book for anyone trying to get a handle on the free trade arguments. The book is well written and addressed to a lay audience. One should be careful about some of the assumptions in the book, especially if one has no background in economics. I was required to get the book as a supplementary reading for an International Trade Theory course. I found it to be very helpful in getting a big picture understanding of current International Trade Theory. Buy the book; it is worth the relatively inexpensive price!
Stimulating ideas on globalization and the U. S. economy........1998-10-10
An effective presentation of the positive and sometimes negative effects that open world trade has on the U. S. economy. It suggests thought-provoking ideas on how the United States and other national economies can ease the negative effects of globalization on their less-educated or poorly-prepared working populations. Our consulting staff recommends this publication as "semi-relaxed" reading when you are ready to let your mind roam and consider new ideas. John R. Jagoe, Director, Export Institute
Stimulating ideas on globalization and the U. S. economy........1998-10-10
An effective presentation of the positive and sometimes negative effects that open world trade has on the U. S. economy. It suggests thought-provoking ideas on how the United States and other national economies can ease the negative effects of globalization on their less-educated or poorly-prepared working populations. Our consulting staff recommends this publication as "semi-relaxed" reading when you are ready to let your mind roam and consider new ideas. John R. Jagoe, Director, Export Institute
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