Globalization as Converging Means and Diverging Ends I
... In the current postmodern era, people view the world differently, as their explanations of the various phenomena in their daily lives also vary. By displaying the complexity of people’s comprehensions of the controversial term ‘globalization,’ we would like to depict a fuzzy -and sometimes contradic ...
... In the current postmodern era, people view the world differently, as their explanations of the various phenomena in their daily lives also vary. By displaying the complexity of people’s comprehensions of the controversial term ‘globalization,’ we would like to depict a fuzzy -and sometimes contradic ...
Theorizing Globalization Author(s)
... For critical social theory, globalization involves both capitalist marketsand sets of social relations and flows of commodities, capital, technology, ideas, forms of culture, and people across national boundaries via a global networked society (see Castells 1996, 1997, 1998; Held et al. 1999). The t ...
... For critical social theory, globalization involves both capitalist marketsand sets of social relations and flows of commodities, capital, technology, ideas, forms of culture, and people across national boundaries via a global networked society (see Castells 1996, 1997, 1998; Held et al. 1999). The t ...
World Economic Outlook: Housing and the Business Cycle
... A number of assumptions have been adopted for the projections presented in the World Economic Outlook. It has been assumed (1) that real effective exchange rates will remain constant at their average levels during January 30–February 27, 2008, except for the currencies participating in the European ...
... A number of assumptions have been adopted for the projections presented in the World Economic Outlook. It has been assumed (1) that real effective exchange rates will remain constant at their average levels during January 30–February 27, 2008, except for the currencies participating in the European ...
Five Key Debates in the Social Science Literature.
... environment, women’s rights, or world peace (Guidry et al 1999, Keck & Sikkink 1998). The environmental movement, in particular, has raised the banner of globalism in its struggle for a clean planet, as in its “Think Global, Act Local” slogan (Held et al 1999, pp. 376–413). Thus, globalization is of ...
... environment, women’s rights, or world peace (Guidry et al 1999, Keck & Sikkink 1998). The environmental movement, in particular, has raised the banner of globalism in its struggle for a clean planet, as in its “Think Global, Act Local” slogan (Held et al 1999, pp. 376–413). Thus, globalization is of ...
2016 World Economic Situation
... element for harvesting this potential. However, the Doha Round has made limited progress in the last fifteen years. At the same time, there has been an increasing prevalence of new-generation regional trade agreements (RTAs). Mega-RTAs can diminish incentives for universal negotiations, and may have ...
... element for harvesting this potential. However, the Doha Round has made limited progress in the last fifteen years. At the same time, there has been an increasing prevalence of new-generation regional trade agreements (RTAs). Mega-RTAs can diminish incentives for universal negotiations, and may have ...
World Economic Situation and Prospects 2016
... element for harvesting this potential. However, the Doha Round has made limited progress in the last fifteen years. At the same time, there has been an increasing prevalence of new-generation regional trade agreements (RTAs). Mega-RTAs can diminish incentives for universal negotiations, and may have ...
... element for harvesting this potential. However, the Doha Round has made limited progress in the last fifteen years. At the same time, there has been an increasing prevalence of new-generation regional trade agreements (RTAs). Mega-RTAs can diminish incentives for universal negotiations, and may have ...
fiscal space for what? analytical issues from a human
... the political economy context within which fiscal space is secured – hence the emphasis on the set of feasible policy actions on the one hand and the prevailing political and economic environment on the other.3 These political economy factors – and the argument that ultimately domestic resources mu ...
... the political economy context within which fiscal space is secured – hence the emphasis on the set of feasible policy actions on the one hand and the prevailing political and economic environment on the other.3 These political economy factors – and the argument that ultimately domestic resources mu ...
Neoliberalism critical reader
... application of agrarian liberalism. It is relatively easy to parachute well-paid advisers into distant and unimportant countries, where Lord Dollar can easily bend the natives’ will. This purifying ritual will make them almost civilised. However, should the ignorant masses and their brutal leaders r ...
... application of agrarian liberalism. It is relatively easy to parachute well-paid advisers into distant and unimportant countries, where Lord Dollar can easily bend the natives’ will. This purifying ritual will make them almost civilised. However, should the ignorant masses and their brutal leaders r ...
Globalization and Contemporary Society
... Some writers view globalization as the worldwide spread of ―westernization‖. This view is either erroneous or contains only partial truth. From a superficial point of view, various processes outwardly seem that the world is, indeed, becoming westernized. One could see the popularity of the western m ...
... Some writers view globalization as the worldwide spread of ―westernization‖. This view is either erroneous or contains only partial truth. From a superficial point of view, various processes outwardly seem that the world is, indeed, becoming westernized. One could see the popularity of the western m ...
Sao Tome and Principe
... The main port is at Sao Tome. It has a shallow draft and as a result can only accommodate small vessels. Large ships have to anchor over a mile offshore where cargo is unloaded onto small vessels. Construction of a deepwater port was supposed to begin this year but it has been postponed until 2011 b ...
... The main port is at Sao Tome. It has a shallow draft and as a result can only accommodate small vessels. Large ships have to anchor over a mile offshore where cargo is unloaded onto small vessels. Construction of a deepwater port was supposed to begin this year but it has been postponed until 2011 b ...
Country Heterogeneity and the International Evidence on the
... that the correlation between revenue and spending shocks may change also within a country. When analyzing the spending shock corresponding to the Korean war she points out that what makes that shock different from WWII shocks is that it was accompanied by a contemporaneous increase in taxes, somethin ...
... that the correlation between revenue and spending shocks may change also within a country. When analyzing the spending shock corresponding to the Korean war she points out that what makes that shock different from WWII shocks is that it was accompanied by a contemporaneous increase in taxes, somethin ...
International Financial Flows in the New Normal: Key Patterns
... 2015) may have contributed to the weakness of bank flows to substantial net outflows to net inflows in the years following the extent that trade and financial flows are complementary the crisis. Canada has also switched from net outflows to (Coeurdacier and Aviat (2007)). 5 net inflows, but this cha ...
... 2015) may have contributed to the weakness of bank flows to substantial net outflows to net inflows in the years following the extent that trade and financial flows are complementary the crisis. Canada has also switched from net outflows to (Coeurdacier and Aviat (2007)). 5 net inflows, but this cha ...
Estimating the Average Treatment Effect of Fiscal Policy
... sample under dispute, policymakers have tended to impose austerity in bad times. Thus, what we have been seeing in the U.K. and Eurozone austerity experiments are not unusual in timing, even if the policy shocks are large in scale. These events are out-of-sample for our study, but past austerity has ...
... sample under dispute, policymakers have tended to impose austerity in bad times. Thus, what we have been seeing in the U.K. and Eurozone austerity experiments are not unusual in timing, even if the policy shocks are large in scale. These events are out-of-sample for our study, but past austerity has ...
FISCAL MONITOR Navigating the Fiscal Challenges Ahead World Economic and Financial Sur veys
... trends have further deteriorated since the November Monitor; financial markets have increased their focus on fiscal weaknesses; and progress in defining fiscal exit strategies has been slow. In this context, while a widespread loss of confidence in fiscal solvency remains for now a tail risk, its po ...
... trends have further deteriorated since the November Monitor; financial markets have increased their focus on fiscal weaknesses; and progress in defining fiscal exit strategies has been slow. In this context, while a widespread loss of confidence in fiscal solvency remains for now a tail risk, its po ...
The determinants of liberalization of FDI policy in developing countries
... of national interest? Or were other, more subtle forces at work to shape government preferences and perceptions?” Cohen’s question certainly applies to the widespread liberalization of FDI policy in developing countries during the 1990s. On the one hand, it is possible that liberalization reflects a ...
... of national interest? Or were other, more subtle forces at work to shape government preferences and perceptions?” Cohen’s question certainly applies to the widespread liberalization of FDI policy in developing countries during the 1990s. On the one hand, it is possible that liberalization reflects a ...
SUSTAINING RECOVERY AND DYNAMISM FOR INCLUSIVE DEVELOPMENT 2010
... surpluses to deploy these productively in other parts of the region. At the same time, Asia and the Pacific has large socioeconomic and development gaps. Although the region as a whole has achieved rapid economic growth that has helped lift millions of people out of poverty it is still home to over ...
... surpluses to deploy these productively in other parts of the region. At the same time, Asia and the Pacific has large socioeconomic and development gaps. Although the region as a whole has achieved rapid economic growth that has helped lift millions of people out of poverty it is still home to over ...
Official PDF , 45 pages
... to a large number of citizens affected by more adverse macroeconomic conditions. Third, as witnessed during the global financial crisis of 2008-09, a countercyclical fiscal policy can help countries stimulate the economy and cope better with the effects of a prolonged recession. In that regard, as a ...
... to a large number of citizens affected by more adverse macroeconomic conditions. Third, as witnessed during the global financial crisis of 2008-09, a countercyclical fiscal policy can help countries stimulate the economy and cope better with the effects of a prolonged recession. In that regard, as a ...
The Sterling Devaluation of 1967, the International
... T. Bale, who pointed to the political constraints on the government, and of Glenn O’Hara8 who drew attention to the positive record of the Wilson governments measured by investment in science, education and industry. I have suggested that Labour’s reliance on external support for sterling was justif ...
... T. Bale, who pointed to the political constraints on the government, and of Glenn O’Hara8 who drew attention to the positive record of the Wilson governments measured by investment in science, education and industry. I have suggested that Labour’s reliance on external support for sterling was justif ...
WP-EMG-28-2009 - Cass Business School
... these countries faced. Perhaps the most critical was the uncertainty of property rights and the risk of expropriation (Weintraub, 1998. In Russia and some of the other CIS countries, privatizations were chaotic and favored a small coterie of insiders and financiers, and these privatizations continue ...
... these countries faced. Perhaps the most critical was the uncertainty of property rights and the risk of expropriation (Weintraub, 1998. In Russia and some of the other CIS countries, privatizations were chaotic and favored a small coterie of insiders and financiers, and these privatizations continue ...
A FAIR GLOBALIZATION: CREATING OPPORTUNITIES FOR ALL
... as it stands at this fork. As human beings, it is in our power to take a correct turn, which would make the world safer, fair, ethical, inclusive and prosperous for the majority, not just for a few, within countries and between countries. It is also in our power to prevaricate, to ignore the road si ...
... as it stands at this fork. As human beings, it is in our power to take a correct turn, which would make the world safer, fair, ethical, inclusive and prosperous for the majority, not just for a few, within countries and between countries. It is also in our power to prevaricate, to ignore the road si ...
Global liquidity
... have a significant effect on global liquidity conditions. Over the past two decades, the magnitude of current account imbalances, as a share of GDP in the main external surplus and deficit economies, has pointed to widening global imbalances, reaching a peak in the years 2006-08. The bulk of these g ...
... have a significant effect on global liquidity conditions. Over the past two decades, the magnitude of current account imbalances, as a share of GDP in the main external surplus and deficit economies, has pointed to widening global imbalances, reaching a peak in the years 2006-08. The bulk of these g ...
The Diffusion of Privatization in the Developing World
... two forms. First, international position may affect government policy constraints, again either directly (are countries with open financial markets more likely to privatize) or by mediating other factors (does the extent of financial openness affect the impact of the business cycle on privatization? ...
... two forms. First, international position may affect government policy constraints, again either directly (are countries with open financial markets more likely to privatize) or by mediating other factors (does the extent of financial openness affect the impact of the business cycle on privatization? ...
Fiscal reaction function and fiscal fatigue
... ∞ as a fraction of GDP as well. However, as shown in some studies (see, inter alia, Ghosh et al. (2013) or Daniel and Shiamptanis (2012)), a positive coefficient cannot be viewed as sufficient to achieve fiscal sustainability, if there is a limit for positive values of primary balances, for instance ...
... ∞ as a fraction of GDP as well. However, as shown in some studies (see, inter alia, Ghosh et al. (2013) or Daniel and Shiamptanis (2012)), a positive coefficient cannot be viewed as sufficient to achieve fiscal sustainability, if there is a limit for positive values of primary balances, for instance ...
Austerity: Too Much of a Good Thing?
... The two contributions by DeLong and Rendahl call attention to a key problem, however. In a liquidity trap, the length and depth of the current recession is not exogenous, but is bound to depend on the extent to which current demand affects the level of economic activity. A sharp increase in unemploy ...
... The two contributions by DeLong and Rendahl call attention to a key problem, however. In a liquidity trap, the length and depth of the current recession is not exogenous, but is bound to depend on the extent to which current demand affects the level of economic activity. A sharp increase in unemploy ...
Democratization and Reform Process in East Asian Developmental
... the 1970s and 1980s, debt-burdened economies pursued stabilization and “structural adjustment” by converging on a set of principles of sound macroeconomic management. In the 1990s many Communist countries had to transform from socialism to capitalism, which is an even more daunting task. They had to ...
... the 1970s and 1980s, debt-burdened economies pursued stabilization and “structural adjustment” by converging on a set of principles of sound macroeconomic management. In the 1990s many Communist countries had to transform from socialism to capitalism, which is an even more daunting task. They had to ...