scholarly journals The prospects for the international economy

1984 ◽  
Vol 19 (4) ◽  
pp. 155-161
Author(s):  
Hans-Jürgen Schmahl
Keyword(s):  
International Economy

Trading Barriers

2017 ◽  
Author(s):  
Margaret E. Peters
Keyword(s):  
Immigration Policy ◽  
International Competition ◽  
International Economy ◽  
Trade Barriers ◽  
Foreign Competition ◽  
Capital Movements ◽  
Social Concerns ◽  
Business Support ◽  
The World ◽  
At Home

Why have countries increasingly restricted immigration even when they have opened their markets to foreign competition through trade or allowed their firms to move jobs overseas? This book argues that the increased ability of firms to produce anywhere in the world combined with growing international competition due to lowered trade barriers has led to greater limits on immigration. The book explains that businesses relying on low-skill labor have been the major proponents of greater openness to immigrants. Immigration helps lower costs, making these businesses more competitive at home and abroad. However, increased international competition, due to lower trade barriers and greater economic development in the developing world, has led many businesses in wealthy countries to close or move overseas. Productivity increases have allowed those firms that have chosen to remain behind to do more with fewer workers. Together, these changes in the international economy have sapped the crucial business support necessary for more open immigration policies at home, empowered anti-immigrant groups, and spurred greater controls on migration. Debunking the commonly held belief that domestic social concerns are the deciding factor in determining immigration policy, this book demonstrates the important and influential role played by international trade and capital movements.

Can Multinational Corporations be responsible for human rights violation of its outsourcee company? Response of national or international law?

2020 ◽  
Vol 20 (1) ◽  
pp. 153-179
Author(s):  
Alessandro Suppa ◽  
Pavel Bureš
Keyword(s):  
Human Rights ◽  
International Law ◽  
Multinational Corporations ◽  
Corporate Law ◽  
International Economy ◽  
Due Diligence ◽  
Business And Human Rights ◽  
Original Question ◽  
Definition Of ◽  
Human Rights Violation

SummaryNowadays, an important role in the world is played by Multinational Corporations (MNCs). They hire, produce, and influence the international economy, but also, they exploit, pollute. Their business activities might have a worldwide effect on human lives. The question of the responsibility of MNCs has drawn the attention of many scholars, mainly from the study field labelled “Business and Human Rights”. The present paper does not examine the topic under the same approach. The authors aim at presenting the issue in a broader perspective, exploring the concept of due diligence both in international and corporate law. In this paper, authors strategically use the uniformity of national legislations as a possible and alternative solution to the issue. They are aware of three fundamental factors: 1) the definition of MNCs needs to be as clear as possible, so to avoid any degree of uncertainty; 2) the outsourcing phenomenon interacts with that definition; 3) in case of no possibility to include outsourcing in the definition of MNC, the original question arises in a significant way.

Global Economic Management in the 1990s

2018 ◽  
Keyword(s):  
Soviet Union ◽  
International Economy ◽  
Economic Management ◽  
Poor Countries ◽  
Global Management ◽  
Bretton Woods ◽  
Income Gap ◽  
The Us ◽  
New Vision ◽  
Bretton Woods Institutions

In the chapter, Haq considers the challenges for global economic management that the nineties may bring. He highlights five distinct trends that have emerged in the international economy in the previous quarter of a century: the globalization of markets, decline in the influence of the US, emerging importance of China and Soviet Union, and narrowing of income gap between rich and poor countries. In the light of these trends, Haq stresses on the need for a new vision for Bretton Woods institutions to serve a greater role in global management in the decade of the nineties.

Foreign Private Investment in India 1920–1950

1978 ◽  
Vol 12 (4) ◽  
pp. 655-677 ◽  
Author(s):  
B. R. Tomlinson
Keyword(s):  
Foreign Investment ◽  
Economic History ◽  
Major Part ◽  
Private Investment ◽  
International Economy ◽  
The World ◽  
Foreign Private Investment ◽  
World Economic ◽  
Overseas Investment ◽  
Developed Nations

Overseas investment by developed nations in the less industrialized economies of Asia, Africa and Latin America is an important part of modern international economic history. Such investment has long been recognized as a potent force in integrating the international economy. It has also been placed at the heart of most theories of the expansion of European empires in the nineteenth century and it is seen as a major part of the ‘neo-colonialism’ that is widely thought to have characterized the world economic and political structure since 1945. This article will examine private foreign investment in India in the first half of the twentieth century, spanning the gap between the ‘imperial’ and the ‘neo-colonial’ epochs.

Globalization's Alternatives: Competing or Complementary Perspectives?

2008 ◽  
Vol 43 (1) ◽  
pp. 79-110 ◽  
Author(s):  
John Glenn
Keyword(s):  
Developing Countries ◽  
Product Differentiation ◽  
World Trade ◽  
Developing World ◽  
International Economy ◽  
Vertical Specialization ◽  
Main Factors ◽  
Partial View ◽  
Investment Patterns ◽  
Trade And Investment

AbstractRecent writings on globalization have tended to argue that such economic interconnectedness is, in one way or another, geographically delimited. Three competing views appear in the literature, regionalization, triadization and the involutionist perspective. This article challenges the portrayal of these perspectives as competing conceptions and instead argues that each perspective furnishes us with a partial view of a larger process. In so doing, this paper revisits the involutionist perspective, arguing that, in relation to the developing countries’ relative share of world trade and investment shares, the use of the term ‘globalization’ should be questioned. Rather, in relation to trade, involution is a more apt description. However, in terms of FDI, stasis better describes the contemporary international economy. The article then examines the trade and investment patterns within the triad, corroborating earlier findings that each leg of the triad is increasingly trading more with their neighbours than with each other, but that inter-triad FDI is indeed increasing. Three main factors are presented in order to explain the contemporary patterns of trade and investment associated with involution, regionalization and triadization: product differentiation, vertical specialization and the continuing concentration on primary product production in much of the developing world.

German unification and the international economy

Orbis ◽  
1994 ◽  
Vol 38 (1) ◽  
pp. 137
Author(s):  
Bruce D. Berkowitz
Keyword(s):  
International Economy ◽  
German Unification

scholarly journals Mesoeconomics of Migration and Trade

2019 ◽  
Vol 3 (1) ◽  
pp. 51-59
Author(s):  
Bijan Bidabad ◽  
Mahshid Sherafati
Keyword(s):  
Simple Model ◽  
Financial Burden ◽  
The State ◽  
Decision Makers ◽  
International Economy ◽  
Wage Elasticity ◽  
Meso Level ◽  
Similar Shape ◽  
Previous State ◽  
The Government

In this paper, we analyze Mesoeconomics of migration and trade in interregional and international economy. Decision-makers are interested in analyzing how changing the prices or wages will lead to these movements and what policies can be devised to revert the markets into their initial equilibrium. We assume in our simple model, that the wages or prices change in one region, and we will measure the equilibrium of the markets of the two regions. After some time, by migration of workers and trading commodities, a new equilibrium will be achieved. If one of the governments of the two regions intends to revert the equilibrium to the state before changes were applied, how should that government act and how great will its financial burden be? In this paper, we try to formulate the answer to this question in the context of two simple, homogenous, and similar-shape economies. This paper is centered on the behavior of individuals of the two regions, which we try to generalize it so that we could evaluate the problem at meso level analytically. Therefore, we simplify the problem to the extent that its micro and macro dimensions coincide. We check different cases of Changing wage elasticity of price or production elasticity of employment and examine the financial burden of a policy of no labor and commodity movement. In this way, if the government of region 1 decides to counteract and revert the conditions into the previous state, it can pay specific subsidies to workers, legislate due taxes on selling commodities, and thereby establish the conditions of the equation as prior to changes.

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