Small Economies and Global Economics PDF Download
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Author: J. Ram Pillarisetti
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 548
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Book Description
Small nations are facing increasing challenges and some new opportunities in a globalising world. Although the problems facing small nations vary widely, these economies tend to have several common concerns and opportunities. The aim of this book is to disseminate knowledge and information about the challenges that small nations or groups of small nations are facing and how they are responding to the challenges posed by growing globalisation.
Author: J. Ram Pillarisetti
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 548
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Book Description
Small nations are facing increasing challenges and some new opportunities in a globalising world. Although the problems facing small nations vary widely, these economies tend to have several common concerns and opportunities. The aim of this book is to disseminate knowledge and information about the challenges that small nations or groups of small nations are facing and how they are responding to the challenges posed by growing globalisation.
Author: J. Ram Pillarisetti
Publisher: Nova Science Publishers
ISBN: 9781616680923
Category : Globalization
Languages : en
Pages : 541
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Book Description
Author: D. Salvatore
Publisher: Springer
ISBN: 0230513190
Category : Business & Economics
Languages : en
Pages : 311
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Book Description
This book addresses the issues surrounding the prospects of small countries in an integrated, globalized world. The contributors support the thesis that the new global environment does not represent a twilight for small countries, but recognise that the honeymoon has not been as comfortable as others had expected. They demonstrate that by entering the global arena or by consolidating into regional alliances small countries do not 'lose', and may even gain sovereignty in areas previously closed to them.
Author: Deborah Bräutigam
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 36
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Book Description
Author: Daniel Lederman
Publisher: World Bank Publications
ISBN: 1464810435
Category : Business & Economics
Languages : en
Pages : 132
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Book Description
Does economic size matter for economic development outcomes? If so are current policies adequately addressing the role of size in the development process? Using working age population as a proxy for country size, Open and Nimble, systematically analyzes what makes small economies unique. Small economies are not necessarily prone to underdevelopment and in fact can achieve very high income levels. Small economies, however, do tend to be highly open to both international trade and foreign direct investment, have highly specialized export structures, and have large government expenditures relative to their Gross Domestic Product. The export structures of small economies are concentrated in a few products or services and in a small number of export destinations. In turn, this export concentration is associated with terms of trade volatility, which combined with high exposure to international trade, implies that small economies tend to face more volatility on average as external volatility permeates national economic life. Yet small economies tend to compensate for their export concentration by being nimble in the sense of being able to change their production and export structure relatively quickly over time. Moreover, limited territory plays a role in shaping how economies are affected by natural disasters, even when the probability of facing such disasters is not necessarily higher among small than among large economies. The combination of large governments with macroeconomic volatility seems to be associated with low national savings rates in small economies. This combination could be a challenge for long-term growth if productivity growth and foreign investment do not compensate for low domestic savings. The book finishes with some thoughts on how policy makers can respond to these issues through coordinated investments and regional integration efforts, as well as fiscal policy reforms aimed at both increasing public savings and conducting countercyclical fiscal policies.
Author: D. van den Bulcke
Publisher: Edward Elgar Publishing
ISBN: 1849802394
Category : Business & Economics
Languages : en
Pages : 289
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Book Description
These studies of the international competitiveness of small open economies demonstrate the critical importance of foreign direct investment as an engine of economic development: multinational enterprises are the key drivers of international competitiveness. Alan M. Rugman, University of Reading, UK Globalization has made every country small . The global economic crisis has made sure that every country has increasingly realised that it is open and vulnerable as well. This volume is both timely and relevant. Small country studies should become mainstream for scholars in business, economics and politics! Rob van Tulder, RSM Erasmus University, the Netherlands This book provides a fresh and clear-eyed view of the relationship between multinationals and location advantages of countries. It is one of the first attempts to build a constructive bridge between the theory of international business and the outstanding contribution of Michael Porter about the drivers of competitiveness. The authors address crucial issues demanding the attention of teachers, researchers, practitioners and political leaders. Philippe Gugler, University of Fribourg, Switzerland This unique, extensive Handbook illustrates that multinational enterprises can contribute substantially to the competitive advantage of small countries. It advances the notion that small nations increasingly need to rely on both home-grown and foreign multinational enterprises to achieve domestic economic success in industries characterized by international competition. The expert contributors explore the roles of firms in a range of small, successful open economies driven by such multinational enterprises across the globe. They juxtapose country data sets against Professor Michael Porter s paradigm of single diamond components and show that these single diamond components reflect merely a set of initial conditions, which can be improved upon through both inward and outward direct investment. Concluding that multinational enterprises create resource linkages between the home and host environments in which they operate, this Handbook proves to be a fascinating read for academics, students and researchers with an interest in business and management, economics and international economics.
Author: Sergio A. Castello
Publisher: Routledge
ISBN: 113678246X
Category : Business & Economics
Languages : en
Pages : 170
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Book Description
This book postulates the proposition that small economies exhibit a higher degree of outward orientation and structural adaptability, compared to their larger counterparts within the context of the European Union and two case studies (i.e. Catalonia and New Zealand). The number of nations has doubled in the last half of the century to around 200 independent economic units. Moreover, the break-up of the former Soviet bloc into a large number of small independent nations in Central and Eastern Europe, and the continued threat of separatist groups (i.e. Canada, Spain, and Sri Lanka) have sparked economists' interest to focus on the size of nations once again. This book offers a more comprehensive measurement of smallness than the conventional one for the analysis of the globalization strategies and flexibility of countries to overcome smallness. Small independent economic units, when economically successful, tend to be more export focused in manufacturing, likely to specialize in differentiated manufactures, more actively involved with direct overseas businesses, more sensitive in strategically managing exchange rates, likely to be in a better position to achieve price stability, more actively involved in international trade through varying degrees of economic integration, likely to have a higher degree of flexibility, more actively involved to forge a complementary government-firm relationship, and likely to have a higher degree of corporatism.
Author: Ronald Findlay
Publisher: World Bank Publications
ISBN: 9780195208801
Category : Business & Economics
Languages : en
Pages : 364
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Book Description
Mauritius, a multiethnic society, has turned to manufactured exports and tourism as an alternative to reliance on sugar production. Malta overcame the shock of losing a British naval base and has grown rapidly.
Author: Bimal Jalan
Publisher: Taylor & Francis
ISBN: 9780312647414
Category : Business & Economics
Languages : en
Pages : 275
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Book Description
Author: Tony Killick
Publisher: World Bank Publications
ISBN: 9780821321256
Category : Business & Economics
Languages : en
Pages : 422
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Book Description
This book explores the relationship between economic adaptation and long-run development, with particluar emphasis on small, low- income economies. It also examines what makes for flexibility within an economy and how policy can affect an economy's ability to adapt to conditions over which it has no control. The premise is that all economies need to adapt to changing circumstances in order to achieve a reasonable pace of development. The author explains the forces to which economies need to respond, the attributes that increase an economy's capacity to adjust, the difficulties of adjustment, and what policy can do to facilitate adjustment. The author illustrates structure and flexibility within an economy and offers a guide to forming policy. Specific policy options are examined, among them using exchange rate fluctuations. The roles of government and markets in setting adjustment policies for industry, agriculture, and finance are explored. The study draws upon a wide range of material and avoids a narrowly economic point of view. The book is intended for use by economists working for or advising government agencies and for teachers and students of development economics. It includes an extensive reference list.
