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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.

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.

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.

Issues and Challenges of Inclusive Development

Issues and Challenges of Inclusive Development PDF Author: R. Maria Saleth
Publisher: Springer Nature
ISBN: 9811522294
Category : Business & Economics
Languages : en
Pages : 313

Book Description
This book explores inclusive development in the Indian context, not only within each of the country’s major economic and social sectors, but also across countries in the particular context of globalization. In the emerging scenario of most expanding economies, including India, this topic remains particularly significant. The book’s sixteen chapters are divided into eight sections that address burning issues related to inclusive development – historical setting and policy context; current issues and future challenges; inclusiveness in the agricultural sector; inclusiveness in the industrial sector; inclusiveness in the health sector; inclusiveness and poverty; inclusiveness in the social context; and inclusiveness in the globalization context. The book highlights several positive developments displayed by the Indian economy in recent years, including the current growth rate of about 7 percent, which is among the highest rates around the globe. At the same time, it draws attention to the fact that while there is every reason to feel proud of these achievements, we cannot ignore the strains and brewing distress, especially in rural areas, or the concerns in environmental and social sectors, including health and education, relating to sociological divisions and disturbances, water and air pollution, and ecosystem and biodiversity losses. Important and relevant from both academic and policy perspectives, the book includes essays from some of the most eminent economists and social scientists in the South Asian region, providing vital takeaways for researchers and NGOs, as well as corporate sector and government decision-makers.

Regionalization vs. Globalization

Regionalization vs. Globalization PDF Author: Mr.Hideaki Hirata
Publisher: International Monetary Fund
ISBN: 1557753288
Category : Business & Economics
Languages : en
Pages : 65

Book Description
Abstract: Both global and regional economic linkages have strengthened substantially over the past quarter century. We employ a dynamic factor model to analyze the implications of these linkages for the evolution of global and regional business cycles. Our model allows us to assess the roles played by the global, regional, and country-specific factors in explaining business cycles in a large sample of countries and regions over the period 1960–2010. We find that, since the mid-1980s, the importance of regional factors has increased markedly in explaining business cycles especially in regions that experienced a sharp growth in intra-regional trade and financial flows. By contrast, the relative importance of the global factor has declined over the same period. In short, the recent era of globalization has witnessed the emergence of regional business cycles.

SouthSouth Trade and Finance in the Twenty-First Century

SouthSouth Trade and Finance in the Twenty-First Century PDF Author: Omar Dahi
Publisher: Anthem Press
ISBN: 1783085878
Category : Political Science
Languages : en
Pages : 255

Book Description
This book is a contribution to the international trade and economic development literature and is based on a decade of joint research and collaboration on South–South economic relations. Given the increasing focus on the economic power of some developing countries, for example the 2013 Human Development Report’s “Rise of the South”, it is particularly appropriate and timely. [NP] The book’s findings are based on rigorous empirical examination of South–South trade and finance and it provides an even-handed assessment from the perspective of long-term development goals rather than mainstream welfare approaches or ideological/theoretical worldview. [NP] This work directly engages with the ‘new developmentalism’ literature that has challenged the neoliberal orthodoxy and its policy approach, which focuses on liberalization, privatization, and deregulation. It also engages with literature by examining whether the increase in South–South trade facilitates or inhibits the possibilities for developmentalist economic policy in developing countries. The book shows concrete and positive results from South–South trade particularly related to industrial development and also documents how South–South trade is dominated by large developing countries and that South–South trade liberalization may be counterproductive.

Collapse and Revival

Collapse and Revival PDF Author: Mr.Ayhan Kose
Publisher: International Monetary Fund
ISBN: 1513570021
Category : Business & Economics
Languages : en
Pages : 307

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 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.