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Developed Nations and the Economic Impact of Globalization de Ken Moak

Developed Nations and the Economic Impact of Globalization

Autor Ken Moak
en Limba Engleză Hardback – 28 iul 2017
This book discusses the economic and geopolitical effects of globalization from historical and institutional perspectives. While it has had unintended consequences, such as displacing developed countries' dominance of production markets, the overall benefits of globalization far outweigh the costs. Moak argues that leading developed nations should not fear globalization but, instead, make concerted efforts to promote it in order to keep the cost-benefit balance weighing in favor of economic enhancement and geopolitical stability. Having incurred huge private and public debts as well as a weak monetary policy posture, many developed nations have been unable to recovery from the 2008 financial crisis. Moreover, geopolitical tensions are rising due to the power rivalry between the United States, China, and Russia over a host issues, including trade imbalances and geopolitics. This book aims to provide stakeholders with the relevant and necessary information to hold an objective debate onglobalization. Ultimately, this book is about globalization— what it is, how it impacts the global economy and polity, and why it is needed now more than any other time in human history. 
 
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Specificații

ISBN-13: 9783319579023
ISBN-10: 3319579029
Pagini: 259
Ilustrații: XII, 259 p.
Dimensiuni: 148 x 210 mm
Greutate: 0.48 kg
Ediția:1st ed. 2017
Editura: Springer International Publishing
Colecția Palgrave Macmillan
Locul publicării:Cham, Switzerland

Cuprins

1. A Summary Analysis of Globalization’s Dynamism.- 2. Globalization: Drivers and Effects.- 3. History of Globalization: European Colonization and Bretton Woods.- 4. Bretton Woods International Trade and Financial Organizations.- 5. GATT, Rounds of Negotiations, and the World Trade Organization.- 6. Selected Bilateral and Regional Trade and Investment Agreements.- 7. The Group of Seven (G7) and Group of Twenty (G20).- 8. The 2008 Global Financial Crisis: Effects on the Global Economy .- 9. The Washington Consensus versus the Beijing Consensus.- 10. BRICS and China Initiated Global Trade Initiatives and Financial Institutions: Alternatives to the US-Dominated IMF and WBG and ADB.- 11. The Future of Globalization: Should It be Promoted or Ended?.- 12. A Final Word on Globalization.

Notă biografică

Ken Moak is retired from Capilano University, Canada, where he taught for over 30 years. He is the coauthor of China's Economic Rise and Its Global Impact. He worked as an economist with the government in British Columbia, Canada for five years. 

Textul de pe ultima copertă

This book discusses the economic and geopolitical effects of globalization from historical and institutional perspectives. While it has had unintended consequences, such as displacing developed countries' dominance of production markets, the overall benefits of globalization far outweigh the costs. Moak argues that leading developed nations should not fear globalization but, instead, make concerted efforts to promote it in order to keep the cost-benefit balance weighing in favor of economic enhancement and geopolitical stability. Having incurred huge private and public debts as well as a weak monetary policy posture, many developed nations have been unable to recovery from the 2008 financial crisis. Moreover, geopolitical tensions are rising due to the power rivalry between the United States, China, and Russia over a host issues, including trade imbalances and geopolitics. This book aims to provide stakeholders with the relevant and necessary information to hold an objective debate onglobalization. Ultimately, this book is about globalization— what it is, how it impacts the global economy and polity, and why it is needed now more than any other time in human history. 

Caracteristici

Argues that the benefits of globalization outweigh the costs Provides empirical and statistical evidence to aid comprehension of concepts Describes how leading countries can promote positive aspects of globalization Includes supplementary material: sn.pub/extras Includes supplementary material: sn.pub/extras