Investment Incentives and the Global Competition for Capital

Author: K. Thomas
Publisher: Springer
ISBN: 0230302394
Category: Political Science
Page: 201
View: 3353
This is a global study of government subsidies to attract investment. The book shows how corporations use site selection as rent extraction, with developing countries investing more than developed ones. It demonstrates that incentive use is rarely a good policy, especially for countries without adequate education and infrastructure.

Critical International Political Economy

Dialogue, Debate and Dissensus
Author: Stuart Shields,Ian Bruff,Huw Macartney
Publisher: Springer
ISBN: 0230299407
Category: Political Science
Page: 195
View: 8381
Amidst the continued debate surrounding the foundations of IPE, coupled with recent methodological and theoretical divides this book argues that an attempt should be made to re-visit the notion of the 'critical'. The challenge posed by contributors to this volume is to assess the development of so-called critical IPE and interrogate whether the theoretical foundations it was built upon have reached their potential. The essays in this volume take up this challenge in a number of different ways but all share a common concern - to re-assess the purpose of critical approaches, reflect on why certain social theorists have been favoured as a point of departure, yet others have largely been ignored. In light of recent debates on the notion of a 'trans-Atlantic divide' within IPE the collection the contributors aim demonstrates how the distinction between the 'critical' and the 'orthodox' (or 'empirical') is only significant if the 'critical' is geared towards a larger, more substantial body of critical social enquiry and engages with what it means to conduct such enquiry.

Regions and Crises

New Challenges for Contemporary Regionalisms
Author: Lorenzo Fioramonti
Publisher: Springer
ISBN: 1137028327
Category: Political Science
Page: 242
View: 8839
Investigates the intimate relationship between regional governance processes and global crises. Analysing the current turmoil in the European Union, it also looks at regional cooperation and integration in the Arab world, Africa, Asia and Latin America through topical case studies.

Competing for Capital

Europe and North America in a Global Era
Author: Kenneth P. Thomas
Publisher: Georgetown University Press
ISBN: 9781589018396
Category: Political Science
Page: 352
View: 6784
As corporations search for new production sites, governments compete furiously using location subsidies and tax incentives to lure them. Yet underwriting big business can have its costs: reduction in economic efficiency, shifting of tax burdens, worsening of economic inequalities, or environmental degradation. Competing for Capital is one of the first books to analyze competition for investment in order to suggest ways of controlling the effects of capital mobility. Comparing the European Union's strict regulation of state aid to business with the virtually unregulated investment competition in the United States and Canada, Kenneth P. Thomas documents Europe's relative success in controlling—and decreasing—subsidies to business, even while they rise in the United States. Thomas provides an extensive history of the powers granted to the EU's governing European Commission for controlling subsidies and draws on data to show that those efforts are paying off. In reviewing trends in North America, he offers the first comprehensive estimate of U.S. subsidies to business at all levels to show that the United States is a much higher subsidizer than it portrays itself as being. Thomas then suggests what we might learn from the European experience to control the effects of capital mobility—not only within or between states, but also globally, within NAFTA and the World Trade Organization as well. He concludes with policy recommendations to help promote international cooperation and cross-fertilization of ways to control competition for investment.

International Political Economy

Interests and Institutions in the Global Economy
Author: Thomas H. Oatley
Publisher: Longman Publishing Group
Category: Political Science
Page: 420
View: 4872
Broadly viewing the global economy as a political competition that produces winners and losers, International Political Economy holistically and accessibly introduces the field of IPE to students with limited background in political theory, history, and economics. This text surveys major interests and institutions and examines how state and non-state actors pursue wealth and power. Emphasizing fundamental economic concepts as well as the interplay between domestic and international politics, International Political Economy not only explains how the global economy works; it also encourages students to think critically about how economic policy is made in the context of globalization.

The Politics of Heritage Tourism in China

A View from Lijiang
Author: Xiaobo Su,Peggy Teo
Publisher: Routledge
ISBN: 1135256217
Category: Political Science
Page: 224
View: 8186
This volume unravels the politics surrounding behind China’s hegemonic project of heritage tourism development in Lijiang. It provides a compelling study of the dialectical relationships between global and domestic capital, the state, tourists and locals as they collude, collaborate and contest one another to ready Lijiang for tourist consumption. Using rich material from insightful interviews and quantitative data, the authors show how complex tourism development can be even as it strives to do good for the community. Su and Teo investigate the practices of contestation and negotiation of identity within Lijiang; analyze the negotiations that transform material and vernacular landscapes; and suggests strategies that will enable sustained tourism interest in this location. Linking Gramsci’s theory on hegemony to the cultural politics of space, this book has two major strengths: it establishes a theoretical framework to conceptualize power relations in tourism space and provides critical insights into the rapidly shifting socio-political landscape of contemporary China. Comparisons with other Chinese heritage sites are also provided. By addressing the power struggles inevitable in the process of tourism development, The Politics of Heritage Tourism in China provides an innovative understanding of China’s dynamic politics in a period of transition. As such, it will address the needs of students and academic scholars working in the fields of China studies, tourism, cultural studies, urban studies, sociology, geography, political science and heritage studies.

Governing the Global Economy

Politics, Institutions and Economic Development
Author: Dag Harald Claes,Carl Henrik Knutsen
Publisher: Routledge
ISBN: 1136702245
Category: Political Science
Page: 384
View: 932
Governing the Global Economy explores the dynamic interaction between politics and economics, between states and markets and between international and domestic politics. The contributors study how the governance of the global economy is shaped by interaction between international institutions, domestic politics and multinational enterprises, from a wide range of theoretical perspectives and methods. Presenting a fresh approach to the study of international political economy, this volume covers: the systemic characteristics of the liberal world order, the role of international institutions, domestic economic politics and policies the strategies and behaviour of multinational enterprises. The volume also includes topical discussion of the challenges to the global economy from the recent financial crisis and analysis of economic politics, in particular the regions of Africa and Europe as well as the countries of Japan and South Korea. With contributions from prominent scholars in political science, economics and business studies, who have all contributed greatly to advancing the study of political economy over the last decade, Governing the Global Economy aims to bridge the gap between undergraduate textbooks and advanced theory. It is essential reading for all students and scholars of international political economy and globalization.

Corporate Governance and Capital Flows in a Global Economy

Author: Peter K. Cornelius
Publisher: Oxford University Press
ISBN: 9780195347586
Category: Business & Economics
Page: 527
View: 1261
This volume is a timely and insightful exploration into the issues of corporate governance and the impact of corporate governance practices on investments in developing countries. Sponsored by the World Economic Forum, INSEAD, and Wharton, this book collects original essays from senior researchers at the worlds top academic institutions as well as from key policymakers and business leaders, It analyzes global aspects of governance in relation to such issues as corporate performance, privatization, venture capitalism, and workers. With global financial markets having become more integrated, the book pays particular attention to the role of corporate governance in emerging-market economies and international capital flows. Rich in facts and ideas, Corporate Governance and Capital Flows in a Global Economy is a must read for anyone interested in financial crises international risk management, and global competitiveness.

The Economics of Global Turbulence

The Advanced Capitalist Economies from Long Boom to Long Downturn, 1945-2005
Author: Robert Brenner
Publisher: Verso
ISBN: 9781859847305
Category: Business & Economics
Page: 369
View: 9692

Innovation and Growth in the Global Economy

Author: Gene M. Grossman,Elhanan Helpman
Publisher: MIT Press
ISBN: 9780262570978
Category: Business & Economics
Page: 359
View: 6182
Traditional growth theory emphasizes the incentives for capital accumulation ratherthan technological progress. Innovation is treated as an exogenous process or a by-product ofinvestment in machinery and equipment. Grossman and Helpman develop a unique approach in whichinnovation is viewed as a deliberate outgrowth of investments in industrial research byforward-looking, profit-seeking agents.Gene M. Grossman is Professor of Economics and InternationalAffairs at Princeton University. Elhanan Helpman is Archie Sherman Professor of InternationalEconomic Relations at Tel Aviv University.

No One's World

The West, the Rising Rest, and the Coming Global Turn
Author: Charles A. Kupchan
Publisher: Oxford University Press
ISBN: 019991298X
Category: Political Science
Page: 272
View: 2785
The world is on the cusp of a global turn. Between 1500 and 1800, the West sprinted ahead of other centers of power in Asia and the Middle East. Europe and the United States have dominated the world since. But today the West's preeminence is slipping away as China, India, Brazil and other emerging powers rise. Although most strategists recognize that the dominance of the West is on the wane, they are confident that its founding ideas--democracy, capitalism, and secular nationalism--will continue to spread, ensuring that the Western order will outlast its primacy. In No One's World, Charles A. Kupchan boldly challenges this view, arguing that the world is headed for political and ideological diversity; emerging powers will neither defer to the West's lead nor converge toward the Western way. The ascent of the West was the product of social and economic conditions unique to Europe and the United States. As other regions now rise, they are following their own paths to modernity and embracing their own conceptions of domestic and international order. Kupchan contends that the Western order will not be displaced by a new great power or dominant political model. The twenty-first century will not belong to America, China, Asia, or anyone else. It will be no one's world. For the first time in history, an interdependent world will be without a center of gravity or global guardian. More than simply diagnosing what lies ahead, Kupchan provides a detailed strategy for striking a bargain between the West and the rising rest by fashioning a new consensus on issues of legitimacy, sovereignty, and governance. Thoughtful, provocative, sweeping in scope, this work is nothing less than a global guidebook for the 21st century.

International Political Economy

Conflict and Cooperation in the Global System
Author: Frederic S. Pearson,Simon Payaslian
Publisher: McGraw-Hill Humanities, Social Sciences & World Languages
Category: Business & Economics
Page: 486
View: 3634
Takes up the important human impact questions of the global economy. With examples, this title links: domestic consequences to international trends, local and regional to global developments, and the formal to the informal economy. It also presents the political dimension of economic interaction.

Financing for Development

A Critical Global Collaboration
Author: United Nations
Publisher: United Nations Publications
ISBN: 9789211045192
Category: Economic assistance
Page: 164
View: 7655
This publication contains documents presented by the UN Secretary-General to the Preparatory Committee of the International Conference on Financing for Development, held in Monterrey, Mexico in March 2002. The report is intended to contribute to the intergovernmental discussion of national, international and systemic issues regarding development financing, in the context of globalisation. Chapters consider how to mobilise domestic financial resources, as well as foreign direct investment and other private flows; trade issues including market access, compensatory finance and price-risk management, vulnerability, technical assistance and capacity-building; increased international financial co-operation, including official development assistance; debt aspects; and the role of international monetary, financial and trading systems in support of financing for development.

Going Global

Unions and Globalization in the United States, Sweden, and Germany
Author: James A. Piazza
Publisher: Lexington Books
ISBN: 9780739103517
Category: Business & Economics
Page: 166
View: 5999
Can organized labor survive in a globalizing world? Going Global explores the impact of increasingly globalized manufacturing on the labor movement in the industrialized West. In a detailed comparative study of metalworking and textiles unions in the United States, Sweden, and Germany James A. Piazza reveals an international labor movement under threat, crippled by falling union membership and waning political influence. Piazza illustrates--through statistical analysis and industry-specific case studies--organized labor's urgent need for effective structures of collective bargaining, strong political connections, and democratic workplace institutions. Going Global will be of great interest to scholars of international political economy and industrial relations seeking a blueprint for organized labor's survival in the new global economy.

State Institutions, Private Incentives, Global Capital

Author: Andrew Carl Sobel
Publisher: N.A
Category: Business & Economics
Page: 287
View: 2202
The growth of global finance since 1960 constitutes one of the most important transformations in social relations during the twentieth century. Using historical, statistical, and graphical techniques, State Institutions, Private Incentives, and Global Capital examines three important aspects of this phenomenal shift in the international political economy. First, Andrew Sobel explores the reawakening of the international financial markets, mapping their extraordinary transformation since the early 1960s and discussing the role of politics in that metamorphosis. The author then offers a fresh understanding of the systematic differences in access for borrowers in this rapidly transforming and expanding global capital pool. He then demonstrates the influence of political factors in producing differential access to the global capital pool. Showing how the character and stability of a country's political system affects investors's decisions to invest in that country, Sobel breaks new ground in understanding the basis for the frequent admonitions by the World Bank and others that a stable political and legal system are essential for states to attract significant foreign investment. With the growing debate about the effect of financial interdependence on the ability of states to conduct economic policy and indeed to preserve their independence in the face of unprecedented economic linkages, this book will be of interest to political scientists and economists as well as policy makers concerned with the impact of financial globalization and the causes of differentials in access to capital. Andrew C. Sobel is Assistant Professor of Political Science and Resident Fellow, Center in Political Economy, Washington University, St. Louis. He is the author of Domestic Choices, International Markets: Dismantling National Barriers and Liberalizing Securities Markets.

The European Competitiveness and Transition Report 2001-2002 : Ratings of Accession Progress, Competitiveness, and Economic Restructuring of European and Transition Economies

Ratings of Accession Progress, Competitiveness, and Economic Restructuring of European and Transition Economies
Author: World Economic Forum
Publisher: Oxford University Press, USA
ISBN: 9780199760749
Category: Business & Economics
Page: 144
View: 7921
For over a decade, central and eastern Europe has been at the center of one of the most profound economic and political transformation in history. At the start of the 1990's, the region embarked on an ambitious reform program to depart from central planning towards more market-based economies. A decade later, and amid significant difficulties, the region has achieved remarkable accomplishments, with several countries becoming increasingly integrated into the global economy. Political structures have been transformed and new institutions have emerged. Indeed, the progress in structural reforms achieved in the region has been so substantial that several countries are now at the threshold of European Union membership. Aware of the significance of the successful integration of central and eastern Europe into the global economy, the World Economic Forum and Harvard University are proud to introduce The European Competitiveness and Transition Report, a thorough review of the transition process that has unfolded in the last decade. This comprehensive report presents new data and expert commentary on what the facts say about the enlargement of the European Union and the competitiveness and growth potential of both Europe and the candidate countries. It addresses the many important factors that will determine how these countries will fare in terms of economic growth over the next ten to twenty years. Written by independent experts, The European Competitiveness and Transition Report 2001-2002 is a truly unique data-driven guide that lays out the facts and reveals the real issues behind European enlargement.

Economic Reform, Trade Liberalization, and Global Competitiveness

The Case of Colombia's Apparel Industry
Author: Jerry Haar
Publisher: N.A
Category: Clothing trade
Page: 30
View: 8275

Regional Orders at Century's Dawn

Global and Domestic Influences on Grand Strategy
Author: Etel Solingen
Publisher: Princeton University Press
ISBN: 9780691058801
Category: Political Science
Page: 334
View: 6002
Etel Solingen provides a comprehensive explanation of foreign policy based on how states throughout the world have confronted the rapid emergence of a global economy and international institutions. A major advance in international relations theory, Regional Orders at Century's Dawn skillfully uses a key issue--internationalization--to clarify other recent debates, from the notion of a democratic peace to the relevance of security dilemmas, nationalism, and the impact of international institutions. The author discusses in rich detail the Middle East, Latin America's Southern Cone, and the Korean peninsula, and builds on examples drawn from almost every other region of the world. As Solingen demonstrates, economic liberalization--with its dramatic political and economic consequences--invariably attracts supporters and detractors, who join in coalitions to advance their agendas. Each coalition's agenda, or "grand strategy," has consequences at all levels: domestic, regional, and international. At home, coalitions struggle to define the internal allocation and management of resources, and to undermine their rivals. Throughout their regional neighborhoods, coalitions opposing internationalization often compete for dominance, sometimes militarily. Coalitions favoring internationalization, instead, often cooperate. At the global level, each coalition finds support for its "grand strategies" from different international institutions and from competing global economic trends. Solingen's concept of "grand strategy" proposes more than a theory of foreign policy and explains the role of nationalism and ethno-religious revivalism in the politics of liberalization.

Journal of Economic Literature

Author: N.A
Publisher: N.A
Category: Economics
Page: N.A
View: 2575

Transnational Legal Processes

Globalisation and Power Disparities
Author: Michael Likosky
Publisher: Cambridge University Press
ISBN: 9780406946744
Category: Law
Page: 505
View: 2653
24 linked essays by leading scholars in international law and the social sciences.