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Have North-South Growth Linkages Changed?

Have North-South Growth Linkages Changed? PDF Author: Mr.Alexander W. Hoffmaister
Publisher: International Monetary Fund
ISBN: 1451969627
Category : Business & Economics
Languages : en
Pages : 38

Book Description
This paper provides preliminary econometric evidence suggesting that the traditional trade-based business cycle linkages between the North and the South have changed. Many countries in the South, in particular in Asia, appear to have become more resilient to cyclical movements in the North, and to have come to play a more significant role in sustaining global activity, in particular during the 1991-93 slowdown. A number of factors may have contributed to these changes: improved domestic policies and more open trade and exchange regimes; closer financial linkages with the North and a substantial increase in capital flows; a marked rise in inter-regional trade; and greater diversification of the exports of the South.

Have North-South Growth Linkages Changed?

Have North-South Growth Linkages Changed? PDF Author: Mr.Alexander W. Hoffmaister
Publisher: International Monetary Fund
ISBN: 1451969627
Category : Business & Economics
Languages : en
Pages : 38

Book Description
This paper provides preliminary econometric evidence suggesting that the traditional trade-based business cycle linkages between the North and the South have changed. Many countries in the South, in particular in Asia, appear to have become more resilient to cyclical movements in the North, and to have come to play a more significant role in sustaining global activity, in particular during the 1991-93 slowdown. A number of factors may have contributed to these changes: improved domestic policies and more open trade and exchange regimes; closer financial linkages with the North and a substantial increase in capital flows; a marked rise in inter-regional trade; and greater diversification of the exports of the South.

Changing Nature of North-South Linkages

Changing Nature of North-South Linkages PDF Author: Çigdem Akin
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 64

Book Description
This paper examines the changing nature of growth spillovers between developed economies, the North, and developing countries, the South, driven by the process of globalization?the phenomenon of rising international trade and financial flows. We use a comprehensive database of macroeconomic and sectoral variables for 106 countries over the period 1960- 2005. We consider the South to be composed of two groups of countries, the Emerging South and the Developing South, based on the extent of their integration into the global economy. Using a panel regression framework, we find that the impact of the Northern economic activity on the Emerging South has declined during the globalization period (1986-2005). In contrast, the growth linkages between the North and Developing South have been rather stable over time. Our findings also suggest that the Northern and Emerging Southern economies have started to exhibit more intensive intra-group growth spillovers.

North-south Linkages and Connections in Continental and Diaspora African Literatures

North-south Linkages and Connections in Continental and Diaspora African Literatures PDF Author: African Literature Association. Meeting
Publisher: Africa World Press
ISBN: 9781592211579
Category : African literature
Languages : en
Pages : 580

Book Description
This volume collects some of the best lectures at the African Literature Association's 25th annual conference held in 1999. The conference brought together for the first time a large number of scholars, creative writers and artists from Northern Africa and their counterparts from Sub- Saharan Africa. The conference and this collection highlight the inspiring and stimulating dialogue between two literary and cultural areas that have often been artificially compartmentalised. The essays draw suprising connections and illustrate the breadth and dynamism of African literature.

The Handbook of Globalisation, Second Edition

The Handbook of Globalisation, Second Edition PDF Author: Jonathan Michie
Publisher: Edward Elgar Publishing
ISBN: 085793144X
Category : Political Science
Languages : en
Pages : 581

Book Description
Acclaim for the first edition: Even those who dislike the word globalisation cannot avoid using it. This remarkable book clarifies the concept of globalisation, and the ways in which it should be used. It is an invaluable guide to the economic and social processes of the 21st century. Daniele Archibugi, Italian National Research Council, Italy Admirably edited. With a wealth of applied detail, the contributors visit all the interesting questions in international political economy. Ciaran Driver, University of London, UK This Handbook brings together a stunning range of writing on a subject which has tended to be wrapped in mystery and controversy. From the opening chapters that debate the newness of globalisation to the chapters that analyse the hegemony of neo-liberalism this book weaves together the most up to date and challenging academic work. . . Vishnu Padayachee, University of Natal, Durban, South Africa Globalisation is a ubiquitous buzzword. But what does it really mean and what are its implications for human well-being? The Handbook of Globalisation pulls together current work from a sterling cast of innovative thinkers on these questions. It is no surprise that one finds penetrating insights and innovative policy approaches on nearly every page. Robert Pollin, University of Massachusetts, Amherst, US Globalisation is an issue that has been high on the research agenda for several years, spawning a vast and at times unwieldy literature. A concept often ill-defined, it has generated a plethora of unresolved and fiercely contested questions, the nature of which depends on which side of the ideological divide one stands. The 2008 global credit crunch, which in 2009 created the first global recession since the 1930s, demonstrated that the capitalism unleashed model of globalisation which had been promoted from the 1980s onwards was both damaging and unsustainable. With contributions from the leading commentators in the field and an over-arching introduction from the editor, the concerns of this updated and revised handbook are two-fold. Firstly, to redefine the concept of globalisation and dispel the haze that surrounds it through a systematic and thorough examination of the debate. Secondly, to advance the frontiers of current critical thinking on the role and impact of globalisation, on the winners and losers in the process, and on the implications for society, the economy and governance. Offering a genuinely inter-disciplinary perspective, this Handbook represents the definitive guide to what is an all-pervasive issue. It should be on the bookshelves of all postgraduate and advanced undergraduate students in economics, business, international studies and related fields, as well as scholars and policymakers with an interest in the global economy and in the functioning of an increasingly globalised world.

World Turned Upside Down, The: The Complex Partnership Between China And Latin America

World Turned Upside Down, The: The Complex Partnership Between China And Latin America PDF Author: Alfredo Toro Hardy
Publisher: World Scientific
ISBN: 9814452580
Category : Business & Economics
Languages : en
Pages : 268

Book Description
Acting as a Sorcerer's Apprentice, the West incorporated 1.3 billion Chinese and 1.2 billion Indians into the world's labour equation within a context of lower production costs. This resulted in erosion of its competitive capacity and social stability, while greatly benefiting developing economies, many of which were able to emerge with unprecedented speed. With China as the main engine, the developing economies have become increasingly integrated, sustaining in the process a fundamental part of the global trade growth. While this phenomenon took shape, excesses within Western economies generated a seismic crisis that dramatically accelerated a slow decline. As the ascendant and descendant curves of developing and developed economies are crossing each other, a decoupling tendency between both has become evident. The economic partnership between China and Latin America epitomizes well the growing integration between emerging economies. Even if mostly benefiting from it, Latin America is under the double sign of threat and opportunity due to this complex relation. For Latin America to succeed, it will need to reinvent itself.The analyses and information contained in this book will be of interest to researchers, academics and policy-makers alike.

Collapse and Revival

Collapse and Revival PDF Author: Mr.Ayhan Kose
Publisher: International Monetary Fund
ISBN: 148439173X
Category : Business & Economics
Languages : en
Pages : 526

Book Description
As the debates about the recent global recession and the subsequent recovery have clearly shown, our understanding of these questions has been very limited. This comprehensive text puts the latest global recession and ongoing recovery in perspective. With the support of a companion website and DVD, we have created several multimedia tools to help understand the basics.

The Evolving Role of Asia In Global Finance

The Evolving Role of Asia In Global Finance PDF Author: Yin-Wong Cheung
Publisher: Emerald Group Publishing
ISBN: 085724745X
Category : Business & Economics
Languages : en
Pages : 447

Book Description
The process of Asia's rise to a position of eminence in global finance has accelerated in the wake of the international financial crisis. This volume intends to explore and understand the dynamics created by this process of transition.

Fundamental Principles of International Relations

Fundamental Principles of International Relations PDF Author: J. Martin Rochester
Publisher: Routledge
ISBN: 0429979924
Category : Political Science
Languages : en
Pages : 272

Book Description
This book distills the essential elements of world politics, both the enduring characteristics as well as the revolutionary changes that may be altering the very fabric of the centuries-old state system. Author J. Martin Rochester explores all the important topics that one would expect to find in an IR text (war, diplomacy, foreign policy, international law and organization, the international economy, and more) but injects fresh perspectives on how globalization and other contemporary trends are affecting these issues. In addition, the author does so through a highly engaging, lively writing style that will appeal to today's students. Fundamental Principles of International Relations is a tightly woven treatment of international politics past and present, drawing on the latest academic scholarship while avoiding excessive jargon and utilizing pedagogical aids while avoiding clutter. Rochester ultimately challenges the reader to think critically about the future of a post-Cold War and post-9/11 world that is arguably more complex, if not more dangerous, than some previous eras, with the potential for promise as well as peril.

North-South Linkages and International Macroeconomic Policy

North-South Linkages and International Macroeconomic Policy PDF Author: David Vines
Publisher: Cambridge University Press
ISBN: 9780521462341
Category : Business & Economics
Languages : en
Pages : 436

Book Description
Researchers have begun to apply economic techniques initially developed to analyse the industrialised countries to analyse North-South interactions in the world economy. This volume, derived from a CEPR conference, brings together theoretical and empirical papers on fiscal, monetary and trade linkages between the North and South. The papers use the advances in the use of the major macroeconomic models to simulate global and inter-regional interactions, and to analyse the implications for the South of macroeconomic developments in the North. They also examine international policy questions in a genuinely global context, and consider the design of policy packages for the Third World (aid versus trade, growth-oriented adjustment) in an empirical context. This volume provides a useful overview of the flourishing research area relating to interactions between North and South, and highlights areas where future research is needed.

The World Turned Upside Down

The World Turned Upside Down PDF Author: Alfredo Toro Hardy
Publisher: World Scientific
ISBN: 9814452572
Category : Political Science
Languages : en
Pages : 268

Book Description
Acting as a Sorcerer's Apprentice, the West incorporated 1.3 billion Chinese and 1.2 billion Indians into the world's labour equation within a context of lower production costs. This resulted in erosion of its competitive capacity and social stability, while greatly benefiting developing economies, many of which were able to emerge with unprecedented speed. With China as the main engine, the developing economies have become increasingly integrated, sustaining in the process a fundamental part of the global trade growth. While this phenomenon took shape, excesses within Western economies generated a seismic crisis that dramatically accelerated a slow decline. As the ascendant and descendant curves of developing and developed economies are crossing each other, a decoupling tendency between both has become evident. The economic partnership between China and Latin America epitomizes well the growing integration between emerging economies. Even if mostly benefiting from it, Latin America is under the double sign of threat and opportunity due to this complex relation. For Latin America to succeed, it will need to reinvent itself.The analyses and information contained in this book will be of interest to researchers, academics and policy-makers alike.