The International System between New Integration and Neo-Protectionism


Book Description

The world economy is at a cross road: it can either widen and deepen international integration, within and between different areas, or be tempted by neo-protectionism. Which road should the international economy take? Which way will it take? The need to reform the present international monetary system has been almost continuously discussed since the collapse of the Bretton Woods System in August 1971, and even earlier, and it has found renewed interest since the Mexican financial crisis in early 1995. Despite the successful completion of the Uruguay Round in December 1993, many international trade problems remain: many sectors were not included in the agreement, antidumping action and safeguards are still possible, and many trade problems of developing and former communist countries have not been fully addressed. This book analyses this situation by first focusing on the problem of international financial stability and the relationship between national economic policies. It then focuses on the European monetary union within the context of the international monetary system. Finally, the development of international trade is examined within an endogenous growth framework.




Protectionism and World Welfare


Book Description

This volume addresses highly topical issues at a crucial time in international economic relations. The world has never been closer to dismantling the liberal multilateral trading system which has been painstakingly established and successfully operated since the Second World War. In this volume many of the world's most distinguished economists examine the movement toward protectionism, bilateralism, and regionalism, and its causes, effects, and possible solutions. The contributors are theorists, researchers, and advisors to governments and international organizations who are at the forefront of trade theory, policy, and practice, and whose analyses have a real impact on international trade. By collecting together these analyses in a single volume, this book provides a unique survey for students and scholars of economics, and all those concerned with trade theory and policy in business and government.




The Restructuring of Banks and Financial Systems in the Euro Area and the Financing of SMEs


Book Description

The 2007-2009 financial crisis has had a worldwide impact on banks and financial systems. It has also brought about major changes in Europe's financial regulatory framework which could lead to financing problems for SMEs. The book explores the restructuring process of banking and financial systems to its impact on the financing of SMEs.




The Front National in France


Book Description

In light of the transformation of the Front National (FN) to a major player in French politics, this book examines how the unprecedented boost in positive opinions towards the FN as well as its increasing membership and electoral success have been possible. Using a supply and demand framework and a mixed methods approach, the author investigates the development of the FN and compares the “new” FN under Marine Le Pen with the “old” FN under Jean-Marie Le Pen across 4 dimensions: (1) the party’s ideology, (2) the leadership styles of the two leaders including the composition of the party elites and the leaders’/ parties’ relationship with the media, (3) the party members and (4) the party voters. It appeals to scholars interested in the study of radical right-wing movements and parties as well as to anybody interested in French politics.




Globalization and Its Discontents


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.




The Future of Global Currency


Book Description

Can the euro challenge the supremacy of the U.S. dollar as a global currency? From the time Europe’s joint money was born, many have predicted that it would soon achieve parity with the dollar or possibly even surpass it. In reality, however, the euro has remained firmly planted in the dollar’s shadow. The essays collected in this volume explain why. Because of America’s external deficits and looming foreign debt, the dollar can never be as dominant as it once was. But Europe’s money is unable to mount an effective challenge. The euro suffers from a number of critical structural deficiencies, including an anti-growth bias that is built into the institutions of the monetary union and an ambiguous governance structure that sows doubts among prospective users. As recent events have demonstrated, members of the euro zone remain vulnerable to financial crisis. Moreover, lacking a single voice, the bloc continues to punch below its weight in monetary diplomacy. The world seems headed toward a leaderless monetary order, with several currencies in contention but none clearly dominant. This collection distils the views of one of the world’s leading scholars in global currency, and will be of considerable interest to students and scholars of international finance and international political economy.







Cosmopolitanism and International Relations Theory


Book Description

Globalization has been contested in recent times. Among the critical perspectives is cosmopolitanism. Yet, with the exception of normative theory, international relations as a field has ignored cosmopolitan thinking. This book redresses this gap and develops a dialogue between cosmopolitanism and international relations. The dialogue is structured around three debates between non-universalist theories of international relations and contemporary cosmopolitan thought. The theories chosen are realism, (post-)Marxism and postmodernism. All three criticize liberalism in the international domain, and, therefore, cosmopolitanism as an offshoot of liberalism. In the light of each school's respective critique of universalism, the book suggests both the importance and difficulty of the cosmopolitan perspective in the contemporary world. Beardsworth emphasizes the need for global leadership at nation-state level, re-embedding of the world economy, a cosmopolitan politics of the lesser violence, and cosmopolitan political judgement. He also suggests research agendas to situate further contemporary cosmopolitanism in international relations theory. This book will appeal to all students of political theory and international relations, especially those who are seeking more articulation of the main issues between cosmopolitanism and its critics in international relations.




Rivista delle società commerciali


Book Description

Includes sections "Rassegna delle pubblicazioni economiche" and "Rassegna della stampa economica periodica."




The European Union in the 21st Century


Book Description

The contributors to this book are all members of EuropEos, a multidisciplinary group of jurists, economists, political scientists, and journalists in an ongoing forum discussing European institutional issues. The essays analyze emerging shifts in common policies, institutional settings, and legitimization, sketching out possible scenarios for the European Union of the 21st century. They are grouped into three sections, devoted to economics and consensus, international projection of the Union, and the institutional framework. Even after the major organizational reforms introduced to the EU by the new Treaty of Lisbon, which came into force in December 2009, Europe appears to remain an entity in flux, in search of its ultimate destiny. In line with the very essence of EuropEos, the views collected in this volume are sometimes at odds in their specific conclusions, but they stem from a common commitment to the European construction.