Globalization and the Geography of Capital Flows PDF Download

Author: Carol C. Bertaut
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
In this note, we document the large and growing distortions in official capital flows and investment statistics as a result of globalization. We provide a series of stylized facts about the extent and causes of these distortions, and also include data files containing U.S. portfolio holdings restated on a nationality basis to reflect the true exposures of U.S. investors.

Author: Stephany Griffith-Jones
Publisher: Springer
ISBN: 1349269123
Category : Business & Economics
Languages : en
Pages : 225

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Book Description
The book examines the rapid growth and dramatic changes in capital flows globally and to emerging markets. In the context of relevant economic theory, it analyses benefits and costs of large and volatile capital flows to developing countries; the latter includes damaging currency crises as the Mexican and East Asian economies. The book makes innovative proposals on how best national governments - and especially - international organisations can avoid such crises.

Author: Martin Feldstein
Publisher: University of Chicago Press
ISBN: 0226241807
Category : Business & Economics
Languages : en
Pages : 500

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Book Description
Recent changes in technology, along with the opening up of many regions previously closed to investment, have led to explosive growth in the international movement of capital. Flows from foreign direct investment and debt and equity financing can bring countries substantial gains by augmenting local savings and by improving technology and incentives. Investing companies acquire market access, lower cost inputs, and opportunities for profitable introductions of production methods in the countries where they invest. But, as was underscored recently by the economic and financial crises in several Asian countries, capital flows can also bring risks. Although there is no simple explanation of the currency crisis in Asia, it is clear that fixed exchange rates and chronic deficits increased the likelihood of a breakdown. Similarly, during the 1970s, the United States and other industrial countries loaned OPEC surpluses to borrowers in Latin America. But when the U.S. Federal Reserve raised interest rates to control soaring inflation, the result was a widespread debt moratorium in Latin America as many countries throughout the region struggled to pay the high interest on their foreign loans. International Capital Flows contains recent work by eminent scholars and practitioners on the experience of capital flows to Latin America, Asia, and eastern Europe. These papers discuss the role of banks, equity markets, and foreign direct investment in international capital flows, and the risks that investors and others face with these transactions. By focusing on capital flows' productivity and determinants, and the policy issues they raise, this collection is a valuable resource for economists, policymakers, and financial market participants.

Author: Yuko Aoyama
Publisher: SAGE
ISBN: 144625982X
Category : Science
Languages : en
Pages : 290

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Book Description
"A comprehensive and highly readable review of the conceptual underpinnings of economic geography. Students and professional scholars alike will find it extremely useful both as a reference manual and as an authoritative guide to the numerous theoretical debates that characterize the field." - Allen J. Scott, University of California "Guides readers skilfully through the rapidly changing field of economic geography... The key concepts used to structure this narrative range from key actors and processes within global economic change to a discussion of newer areas of research including work on financialisation and consumption. The result is a highly readable synthesis of contemporary debates within economic geography that is also sensitive to the history of the sub-discipline." - Sarah Hall, University of Nottingham "The nice thing about this text is that it is concise but with depth in its coverage. A must have for any library, and a useful desk reference for any serious student of economic geography or political economy." - Adam Dixon, Bristol University Organized around 20 short essays, Key Concepts in Economic Geography provides a cutting edge introduction to the central concepts that define contemporary research in economic geography. Involving detailed and expansive discussions, the book includes: An introductory chapter providing a succinct overview of the recent developments in the field. Over 20 key concept entries with comprehensive explanations, definitions and evolutions of the subject. Extensive pedagogic features that enhance understanding including figures, diagrams and further reading. An ideal companion text for upper-level undergraduate and postgraduate students in economic geography, the book presents the key concepts in the discipline, demonstrating their historical roots and contemporary applications to fully understand the processes of economic change, regional growth and decline, globalization, and the changing locations of firms and industries. Written by an internationally recognized set of authors, the book is an essential addition to any geography student′s library.

Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Author: Warwick E. Murray
Publisher: Routledge
ISBN: 1135281769
Category : Science
Languages : en
Pages : 522

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Book Description
Geographies of Globalization 2nd edition offers an animated and fully-updated exposition of the geographical impacts of globalization and the contribution of human geography to studies and debates in this area. Energetic and engaging, this book: • Illustrates how the core principles of human geography – such as space and scale – lead to a better understanding of the phenomenon • Debates the historical evolution of globalized society • Analyses the interconnected economic, political and cultural geographies of globalization • Examines the impact of global transformations ‘on the ground’ using examples from six continents • Discusses the three global crises currently facing the world – inequality, the environment and unstable capitalism most recently manifested in the Great Recession • Articulates a human geographical framework for progressive globalization and approaching solutions to the problems we face Boxed sections highlight key concepts and innovative work by geographers as well as topical and lively debates concerning current global trends. The book is also generously illustrated with a wide range of Figures, photographs, and maps.

Author: Richard O'Brien
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 138

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Author: B. Brown
Publisher: Springer
ISBN: 0230627293
Category : Business & Economics
Languages : en
Pages : 274

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Book Description
Capital flows from Asia into the US challenge many assumptions of international financial analysis. This book presents a novel geography of these flows, revealing their driving forces and assessing the market mechanisms necessary for a smooth global flow of funds. It is essential for all those interested in international finance.

Author: Roberta Capello
Publisher: Edward Elgar Publishing
ISBN: 1781003041
Category : Social Science
Languages : en
Pages : 297

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Book Description
'Global trends and local effects have been almost ubiquitous since the 1980s. However, few, like this book, have successfully examined the local effects of global trends and processes. Each of this book's ten chapters provides an empirically based analysis that illuminates the local effects driven by global forces.' – Roger Stough, George Mason University, US This timely book investigates the challenges that emerge for local economies when faced with the new globalization trends that characterize today's world economy. In this instance, globalization is interpreted as a process of internationalization of production and markets which can take various forms – such as increasing international trade or increasing foreign direct investments – all of which give rise to the growing integration and interdependency of European economies with regard to the other main world economies. the expert contributors use a fresh perspective in their analysis of globalization trends, emphasizing recent changes and providing an up-to-date picture of current developments in both foreign investments and the consequent migration of human capital. Qualitative rather than quantitative trends in human capital and financial capital flows are taken into account, with a particular focus on their impacts on regional growth perspectives. Highlighting the European economy's strengths and weaknesses in facing the challenges of the new globalization trends, this book will provide a stimulating read for a wide-ranging audience encompassing scholars of regional science, regional economics, economic and regional geography, international economics and international business.

Author: Robert C. Kloosterman
Publisher: Edward Elgar Publishing
ISBN: 1785363840
Category : Political Science
Languages : en
Pages : 470

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Book Description
Processes of globalization have changed the world in many, often fundamental, ways. Increasingly these processes are being debated and contested. This Handbook offers a timely, rich as well as critical panorama of these multifaceted processes with up-to-date chapters by renowned specialists from many countries. It comprises chapters on the historical background of globalization, different geographical perspectives (including world systems analysis and geopolitics), the geographies of flows (of people, goods and services, and capital), and the geographies of places (including global cities, clusters, port cities and the impact of climate change).