Current Problems of the World Economy and International Trade


Book Description

Current Problems of the World Economy and International Trade reveals the determinants of competitiveness and drivers of economic growth of individual countries provides useful applied advice on post-crisis recovery and the development of the world economy and international trade in the post-pandemic period.




Current Problems of the World Economy and International Trade


Book Description

Current Problems of the World Economy and International Trade reveals the determinants of competitiveness and drivers of economic growth of individual countries provides useful applied advice on post-crisis recovery and the development of the world economy and international trade in the post-pandemic period.




Impact of Global Issues on International Trade


Book Description

International trade is vital in today’s world; international trade can be affected by a number of issues such as terrorism, economic crises, and pandemics such as COVID-19. It is crucial to understand the impact these global issues have on international trade and what happens to trade when global issues arise. A comprehensive guide of these issues is needed to provide background and understanding about international trade and its relationship with global issues. Global issues occasionally dominate a continuing theme of the international globalized world: global crises, war, security issues, global pandemics such as COVID-19, and trade wars. Global cooperation is required to solve such problems. Economically intellectual thinking will enable the development of guiding policies in solving these global problems. In this book, the effects of global issues on international trade will be evaluated, and policy recommendations will be made for the solution of the global issues. Impact of Global Issues on International Trade is a critical reference source that uses analytic research to analyze the effects of global economic and financial crises as well as global health crises and their impact on international trade. Pandemics such as the COVID-19 pandemic, the global economic crisis, and trade wars are discussed, and political suggestions are made to mitigate negative impacts. Covering a wide range of topics such as financial fragility and trade fairs, it is ideal for trade specialists, policymakers, government officials, managers, executives, economists, academicians, researchers, students, and industry professionals.




Current Issues in International Trade


Book Description

With the boons of technological progress spreading every nook and corner of the globe, Globalization has been a dominant force for several decades. Globalization has winners and losers. International trade, foreign direct investment, and trans-boundary flow of goods, services, and capital are few of the many facets that characterize the process of globalization. Thus, a volume addressing such issues is quite essential for readers. This volume is a collection of thirteen contributed chapters on the current international trade scenario, its evolution over the years, and its global impact on developed and developing economies. Most importantly, it deals with a range of issues related to global financial crisis and its aftermath affecting global trade and the players in the international market. As the crisis unfolded, trade has suffered a setback and we saw a shift in global trade. In particular, we saw the emergence of developing nations and gradual erosion of dominance of developed countries. This book covers these aspects. The valuable contributions by the authors look at these problems in global macro economy from different angles--theoretical and empirical--to offer a cogent view of the current situation facing us. The chapters offer theoretical viewpoint as well as applied perspectives on many facets of crisis and trade in the global economy.




Global Tensions


Book Description

Against the backdrop of demonstrations in Seattle, Porto Alegre and Genoa and within the context of growing resistances to free trade and the current global trends, Global Tensions takes a close look at the challenges posed by the processes of globalization at the beginning of the twenty-first century. Composed of original essays by renowned scholars, this volume explores controversial topics such as free trade, women's rights, labor standards, the World Trade Organization and global tensions.







Changes and Challenges in the Modern World Economy


Book Description

The book was prepared by the academics and doctoral students of the Faculty of International Business and Economics of the Poznań University of Economics and Business to celebrate the 90th anniversary of the University and the 10th anniversary of the Faculty itself. The subject of this Volume reflects the variety of issues that are researched by academics from all departments of the Faculty. The rationale for publishing this Volume was to signal current work and research progress in the area of international economics, business and management. As the title of the Volume suggests, we need to anticipate changes and implement a new approach to face the challenges in the world economy for it is transforming in an unprecedented way now, at a fast pace, and the global economic map is constantly redrawing. Papers published in this Volume are written by individual authors and workgroups. They are results of research conducted in departments and have been assigned to eight chapters discussing crucial aspects of the world economy. The deliberations are held on a micro- and macroeconomic level in both theoretical and empirical terms. We hope that the contents of individual papers will inspire both readers and authors themselves to make further studies, to carry out follow-up research, to network with one another in order to find answers to the most important problems of the world economy and international business.







The Global Trade Slowdown


Book Description

This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses an empirical strategy based on an error correction model to assess whether the global trade slowdown is structural or cyclical. An estimate of the relationship between trade and income in the past four decades reveals that the long-term trade elasticity rose sharply in the 1990s, but declined significantly in the 2000s even before the global financial crisis. These results suggest that trade is growing slowly not only because of slow growth of Gross Domestic Product (GDP), but also because of a structural change in the trade-GDP relationship in recent years. The available evidence suggests that the explanation may lie in the slowing pace of international vertical specialization rather than increasing protection or the changing composition of trade and GDP.




Exploring the Global Economy


Book Description

This wide-ranging collection of previously published articles by Raymond Vernon reflects a portion of the diverse subjects on which he has worked during his career. In the past 20 years, the author has pioneered the study of two major economic institutions which have played important roles in today's global economy: the multinational corporation and the state-owned enterprise. His recent thoughts on these subjects are well-represented in this volume. Co-published with the Harvard Center for International Affairs.