LECTURE 6 Managing Globalization
... Canada exported over $455 billion Canada imported over $404 billion The United Nations has ranked Canada as one of the world’s best countries to live in. Canada exports nearly 45 % of what it produces 33% of all Canadian jobs are related to our exports ...
... Canada exported over $455 billion Canada imported over $404 billion The United Nations has ranked Canada as one of the world’s best countries to live in. Canada exports nearly 45 % of what it produces 33% of all Canadian jobs are related to our exports ...
PDF
... Foreign direct investment (FDI) stock is one of the components that may contribute to the globalization process given that it is growing more rapidly than international trade. Stocks of FDI, aided by the removal of many national barriers to capital movements and measures to enhance integration withi ...
... Foreign direct investment (FDI) stock is one of the components that may contribute to the globalization process given that it is growing more rapidly than international trade. Stocks of FDI, aided by the removal of many national barriers to capital movements and measures to enhance integration withi ...
Seven Major Sources of Economic Progress
... 1. Central banks and their officials should be held accountable for following a sound money policy and keeping the nation’s rate of inflation within a narrow range; or be dismissed. 2. A currency board in one nation could establish a fixed rate of exchange between its domestic currency and a selecte ...
... 1. Central banks and their officials should be held accountable for following a sound money policy and keeping the nation’s rate of inflation within a narrow range; or be dismissed. 2. A currency board in one nation could establish a fixed rate of exchange between its domestic currency and a selecte ...
CH 18 International trade and globalization
... Privatization and commodification of public services, national and global commons Corporate deregulation and unrestricted movement of capital across borders Increased corporate concentration Cultural and economic homogenization ...
... Privatization and commodification of public services, national and global commons Corporate deregulation and unrestricted movement of capital across borders Increased corporate concentration Cultural and economic homogenization ...
Slide 1
... growth but there is a need to assess the extent to which poor are being affected by trade. • Basic economic theory suggests that trade expansion should have positive impact on poverty reduction but there is limited evidence on this. ...
... growth but there is a need to assess the extent to which poor are being affected by trade. • Basic economic theory suggests that trade expansion should have positive impact on poverty reduction but there is limited evidence on this. ...
EOCT Study Guide
... Unit 4: International Economics Topic 1: Advantages of International Trade - International trade occurs because each nation takes advantage of their strengths by specializing in producing certain products and trading for other products - A nation’s economic strengths relative to another nation’s str ...
... Unit 4: International Economics Topic 1: Advantages of International Trade - International trade occurs because each nation takes advantage of their strengths by specializing in producing certain products and trading for other products - A nation’s economic strengths relative to another nation’s str ...
Globalization - anthonybyers
... services, and capital” that has occurred since the end of World War II ...
... services, and capital” that has occurred since the end of World War II ...
Word Document
... o Trade is not a zero sum game with a winner and a loser. o Trade is a positive sum game. Both parties are winners. Gains from trade can be thought of graphically as consumer surplus and producer surplus. It’s important to remember the limitations of models. o Models simplify, but often economis ...
... o Trade is not a zero sum game with a winner and a loser. o Trade is a positive sum game. Both parties are winners. Gains from trade can be thought of graphically as consumer surplus and producer surplus. It’s important to remember the limitations of models. o Models simplify, but often economis ...
Vicious and Virtuous Circles
... • Steady State: “that full complement of riches which the nature of [a nation’s] soil and climate, and its situation with respect to other countries, allow it to acquire.” ...
... • Steady State: “that full complement of riches which the nature of [a nation’s] soil and climate, and its situation with respect to other countries, allow it to acquire.” ...
PPT
... From the perspective of international economics and business, the defining event of the l990s decade has been the miracle and meltdown of East Asian growth, just like the Latin American debt crisis was in the l980s and the oil shock in the l970s ...
... From the perspective of international economics and business, the defining event of the l990s decade has been the miracle and meltdown of East Asian growth, just like the Latin American debt crisis was in the l980s and the oil shock in the l970s ...
Talking Points - International Year of Microcredit 2005
... o Fastest Growing Groups: Asian Pacific Islanders (60% growth); Hispanics (21% growth) o Census data shows that Hispanics make up 27% of NYC population o While not all of these are immigrants, a substantial number are and if we just use this segment as an example, we can paint a very interesting pic ...
... o Fastest Growing Groups: Asian Pacific Islanders (60% growth); Hispanics (21% growth) o Census data shows that Hispanics make up 27% of NYC population o While not all of these are immigrants, a substantial number are and if we just use this segment as an example, we can paint a very interesting pic ...
1.new trade theory 2. political economy of trade policy
... 2 identical economies (home (H) & foreign (F)) in terms of technology & preferences One nontraded factor of production (labor) & equal endowment across countries LH = LF Large number of competitors but many varieties of goods (i.e, differentiation). Each firm produces its own variety. Each firm acts ...
... 2 identical economies (home (H) & foreign (F)) in terms of technology & preferences One nontraded factor of production (labor) & equal endowment across countries LH = LF Large number of competitors but many varieties of goods (i.e, differentiation). Each firm produces its own variety. Each firm acts ...
1.new trade theory 2. political economy of trade policy
... 2 identical economies (home (H) & foreign (F)) in terms of technology & preferences One nontraded factor of production (labor) & equal endowment across countries LH = LF Large number of competitors but many varieties of goods (i.e, differentiation). Each firm produces its own variety. Each fir ...
... 2 identical economies (home (H) & foreign (F)) in terms of technology & preferences One nontraded factor of production (labor) & equal endowment across countries LH = LF Large number of competitors but many varieties of goods (i.e, differentiation). Each firm produces its own variety. Each fir ...
Labor Hours in the U.S. and Europe
... hours between the United States and Europe. These recent articles, however, focus on cross-sectional differences and do not try to account for the above-described joint transitional dynamics of labor hours in the United States and Europe during the past few decades.2 Trying to account for that recen ...
... hours between the United States and Europe. These recent articles, however, focus on cross-sectional differences and do not try to account for the above-described joint transitional dynamics of labor hours in the United States and Europe during the past few decades.2 Trying to account for that recen ...
Measurement of innovation, productivity and growth
... World trade in historical perspective Theories of trade and growth International knowledge and technology flows: theory and evidence • International financial flows • International aspects of IPRs ...
... World trade in historical perspective Theories of trade and growth International knowledge and technology flows: theory and evidence • International financial flows • International aspects of IPRs ...
The economic impact of migration liberalisation: evidence and
... Classical economic theory shows that international trade labour movements can substitute each other rather than being complements2. Under perfect conditions labour could either export labourintensive manufactured goods or migrate and produce the goods in the destination country. When trade flows fre ...
... Classical economic theory shows that international trade labour movements can substitute each other rather than being complements2. Under perfect conditions labour could either export labourintensive manufactured goods or migrate and produce the goods in the destination country. When trade flows fre ...
Balance of Payments Problems
... imported into the country than have been sold abroad. A surplus on the current account means more goods and services have been exported than imported. Transactions in Assets and Liabilities/ Capital account The transactions in assets and liabilities section of the balance of payments shows all movem ...
... imported into the country than have been sold abroad. A surplus on the current account means more goods and services have been exported than imported. Transactions in Assets and Liabilities/ Capital account The transactions in assets and liabilities section of the balance of payments shows all movem ...
A note on firm-productivity and foreign direct investment
... Though our contribution is theoreical, it may worth mentioning that the empirical evidence on the relationship between firm-productivity and FDI is mixed. Helpman et al. (2004), which use a cross-section of the US manufacturing firms, show that foreign investors are more productive than the exporter ...
... Though our contribution is theoreical, it may worth mentioning that the empirical evidence on the relationship between firm-productivity and FDI is mixed. Helpman et al. (2004), which use a cross-section of the US manufacturing firms, show that foreign investors are more productive than the exporter ...
Protect the U
... Rate the following statements about US Foreign Policy 1. In today's interconnected world, many serious problems can be addressed only through international cooperation. 2. Any nation acting alone has neither the moral authority nor the capacity to right the world's wrongs. 3. The United States shoul ...
... Rate the following statements about US Foreign Policy 1. In today's interconnected world, many serious problems can be addressed only through international cooperation. 2. Any nation acting alone has neither the moral authority nor the capacity to right the world's wrongs. 3. The United States shoul ...
Topic 3: The Standard Theory of Trade. Outline: 1. Main ideas
... increase as more of a good is produced. Thus, one has to be careful at which point of the analysis a comparison of OCs is made. Suppose there are two countries, Home and Foreign, and two goods, X and Y. Home and Foreign could have • different PPFs between X and Y. • different CIC maps between X and ...
... increase as more of a good is produced. Thus, one has to be careful at which point of the analysis a comparison of OCs is made. Suppose there are two countries, Home and Foreign, and two goods, X and Y. Home and Foreign could have • different PPFs between X and Y. • different CIC maps between X and ...
syllabus
... This model addresses the issue of why two countries would want to trade with each other. This model shows how mutually-beneficial trade arises when there are two countries, each with one factor of production which can be applied toward producing each of two goods. Key concepts are introduced, such a ...
... This model addresses the issue of why two countries would want to trade with each other. This model shows how mutually-beneficial trade arises when there are two countries, each with one factor of production which can be applied toward producing each of two goods. Key concepts are introduced, such a ...
Introduction Definition of Key Terms
... healthy and productive commerce that would work towards an overall strengthening of a single global economy. Firms can also benefit from economies of scale due to an extreme increase in market size. However there is a risk that firms could be at risk of diseconomies of scale due to the extremely lar ...
... healthy and productive commerce that would work towards an overall strengthening of a single global economy. Firms can also benefit from economies of scale due to an extreme increase in market size. However there is a risk that firms could be at risk of diseconomies of scale due to the extremely lar ...
Slides on regionalism
... • To identify trade barriers: – Services trade barriers are not always explicit; – Statistical analysis of which regulatory measures correlate systematically with trade flows – by mode; ...
... • To identify trade barriers: – Services trade barriers are not always explicit; – Statistical analysis of which regulatory measures correlate systematically with trade flows – by mode; ...
GAINS FROM TRADE
... would have to be employed in the sector leading to inefficiency • Other Reasons for Trade - differences in demand e.g. if the French like Irish lamb then it makes sense to specialise - growing competition from imports can increase competitiveness thus stimulating efficiency - trade opens up the poss ...
... would have to be employed in the sector leading to inefficiency • Other Reasons for Trade - differences in demand e.g. if the French like Irish lamb then it makes sense to specialise - growing competition from imports can increase competitiveness thus stimulating efficiency - trade opens up the poss ...
Chapter 10- Finance
... Problem Set 2: International Finance The real exchange rate, both its level and changes in it, can be extremely important for a country’s economic performance and the distribution of the fruits of that performance. In this exercise, we will use two case studies to illustrate the role played by the R ...
... Problem Set 2: International Finance The real exchange rate, both its level and changes in it, can be extremely important for a country’s economic performance and the distribution of the fruits of that performance. In this exercise, we will use two case studies to illustrate the role played by the R ...
International factor movements
In international economics, international factor movements are movements of labor, capital, and other factors of production between countries. International factor movements occur in three ways: immigration/emigration, capital transfers through international borrowing and lending, and foreign direct investment. International factor movements also raise political and social issues not present in trade in goods and services. Nations frequently restrict immigration, capital flows, and foreign direct investment.