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The Evolution of the International Economic Order

The Evolution of the International Economic Order
Author: William Arthur Lewis
Publisher: Princeton University Press
Total Pages: 92
Release: 2015-03-08
Genre: Business & Economics
ISBN: 1400868513

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Do rich industrial nations underestimate the threat to their economic stability posed by demands for a new international economic order? Are the developing countries wrong to assume that their economic advancement depends on a transfer of wealth from the richer nations? Sir W. Arthur Lewis's provocative analysis of the present economic order and its origins suggests that the answer to both questions is yes. Professor Lewis perceptively illuminates aspects of recent economic history that have often been overlooked by observers of international affairs. He asks first how the world came to be divided into countries exporting manufactures and countries exporting primary commodities. High agricultural productivity and a good investment climate allowed countries in Northwest Europe to industrialize rapidly, while the favorable terms of trade they enjoyed assured them and the temperate lands to which Europeans migrated of continuing dominance over the tropical countries. At the core of the author's argument lies the contention that as the structure of international trade changes, the tropical countries move rapidly toward becoming net importers of agricultural commodities and net exporters of manufactures. Even so, they continue to depend on the markets of the richer countries for their growth, and they continue to trade on unfavorable terms. Both of these disadvantages, he concludes, stem from large agricultural sectors with low productivity and will disappear only as the technology of tropical food production is revolutionized. Originally published in 1978. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.


A New Global Economic Order

A New Global Economic Order
Author:
Publisher: BRILL
Total Pages: 376
Release: 2021-11-22
Genre: Business & Economics
ISBN: 9004470352

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A New Global Economic Order: New Challenges to International Trade Law examines the dislocating effects of the policies implemented by the Trump Administration on the global economic order and brings together leading scholars and practitioners of international economic law come together to defend multilateralism against unilateralism and populism.


The Dynamics of Socio-Economic Development

The Dynamics of Socio-Economic Development
Author: Adam Szirmai
Publisher: Cambridge University Press
Total Pages: 760
Release: 2005-01-20
Genre: Business & Economics
ISBN: 1107717566

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Why are poor countries poor and rich countries rich? How are wealth and poverty related to changes in nutrition, health, life expectancy, education, population growth and politics? This modern, non-technical 2005 introduction to development studies explores the dynamics of socio-economic development and stagnation in developing countries. Taking a quantitative and comparative approach to contemporary debates within their broader context, Szirmai examines historical, institutional, demographic, sociological, political and cultural factors. Key chapters focus on economic growth, technological change, industrialisation, agricultural development, and consider social dimensions such as population growth, health and education. Each chapter contains comparative statistics on trends from a sample of twenty-nine developing countries. This rich statistical database allows students to strengthen their understanding of comparative development experiences. Assuming no prior knowledge of economics the book is suited for use in inter-disciplinary development studies programmes as well as economics courses, and will also interest practitioners pursuing careers in developing countries.


The Objectives of the New International Economic Order

The Objectives of the New International Economic Order
Author: Ervin Laszlo
Publisher: Elsevier
Total Pages: 288
Release: 2017-05-10
Genre: Business & Economics
ISBN: 1483152944

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The Objectives of the New International Economic Order focuses on the role of the New International Economic Order (NIEO) in the resolution of issues in world economy, international trade, economic policies, trade relations, and business practices. The manuscript first offers information on the objectives of the NIEO in historical and global perspectives, as well as the political relevance of the NIEO, historical factors in the emergence of the NIEO, and contrary perceptions and vicious circles. The book also takes a look at the objectives of the NIEO regarding issues in world economy. Concerns include renegotiating the debts of developing countries, attaining United Nations development assistance targets, and using funds from disarmament for development. The publication discusses international trade and world economy issues. Topics include adjusting the economic policies of developed countries to facilitate the expansion and diversification of the exports of developing countries; improving and intensifying trade relations between countries having different social and economic systems; and increasing the transfer of resources through the World Bank and the International Monetary Fund. The text also elaborates on industrialization issues, technology transfer, and business practices and social issues. The book is a vital source of information for readers interested in the role of NIEO in the resolution of issues in world economy, international trade, economic policies, trade relations, and business practices.


The New International Economic Order

The New International Economic Order
Author: P. N. Agarwala
Publisher: Elsevier
Total Pages: 368
Release: 2014-05-20
Genre: Business & Economics
ISBN: 1483152715

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The New International Economic Order: An Overview focuses on the influence of the creation of the New International Economic Order (NIEO) on the economy of different countries. The book first offers information on the structure of world economy, prospects, and obstacles to the NIEO. Topics include obstacles to the production and distribution of primary commodities and energy, transfer of technology, commodity trade, international finance, function of international law in the NIEO, and prospects and problems of the NIEO. The text then examines the financial, political, and institutional issues of the NIEO. Discussions focus on policies and practices of nationalization; asymmetries and dependency of developing countries in the social science subsystem; and renegotiation of third world debt and appropriate adjustments in international trade. The manuscript takes a look at the relationship of international trade, industrialization, and the NIEO and social and cultural issues of the NIEO. Topics include women in the labor force, health and medical care, education as a step toward development, military considerations, competitiveness of natural resources, and access to raw materials and supplies. The book also reviews the positions of the United States, Canada, Africa, and the Middle East on the NIEO. The publication is a dependable reference for readers interested in the New International Economic Order.


The Global Economic System Since 1945

The Global Economic System Since 1945
Author: Larry Allen
Publisher: Reaktion Books
Total Pages: 228
Release: 2005
Genre: Business & Economics
ISBN: 9781861892423

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"This book describes how, after the end of World War II, powerful corporations began to lobby governments in an effort to reduce the perceived constraints of regulation. Since the 1970s these voices have become increasingly influential, as governments worldwide have adopted free-market policies, reduced economic regulation and promoted the virtues of free-enterprise capitalism." "The Global Economic System since 1945 presents a fresh synthesis of economic history and theory. For the specialist, it will provide a useful reminder that the economy needs to be looked at from different angles, while the general reader will find a fascinating and impartial description of the current state of the global economy - as well as hints on what to look for when scanning the economic horizon for signs of inclement weather."--BOOK JACKET.


Global Fracture

Global Fracture
Author: Michael Hudson
Publisher: Pluto Press
Total Pages: 352
Release: 2005-04-20
Genre: Business & Economics
ISBN: 9780745323947

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Hudson is one of the tiny handful of economic thinkers in today's world who are forcing us to look at old questions in startling new ways. Alvin Toffler, best-selling author of Future Shock and The Third WaveThis new and updated edition of Michael Hudson's classic political economy text explores how and why the US came to achieve world economic hegemony.Originally published as the sequel to Hudson's bestselling Super Imperialism, Global Fracture explores American economic strategy during a key period in world history. In 1973, many of the world's most indebted countries sought to free themselves of trade dependency and the debt trap by creating a New International Economic Order (NIEO). This aimed to improve the terms of trade for raw materials and build up agicultural and industrial self-sufficiency. Global Fracture shows how the US undermined this progressive initiative and instead pushed for financial dominance over the rest of the world. Today, the NIEO is a forgotten interlude, its optimism replaced by the financial austerity imposed by the IMF and the World Bank.Exploring how America achieved its economic aims, and tracing the implications this has had through subsequent decades, Michael Hudson covers various topics including trade embargoes, changing US attitudes to foreign aid, the rise of protectionism, government regulation of international investments, the impact on specific industries including the oil industry, the implications of the new economic order and the future of war.


The Evolution of the World Economy

The Evolution of the World Economy
Author: Terutomo Ozawa
Publisher: Edward Elgar Publishing
Total Pages: 225
Release: 2016-03-25
Genre: Business & Economics
ISBN: 1781003319

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The world economy is near a critical crossroads, as a rising China, the greatest-ever beneficiary of US-led capitalism, dreams to replace America's supremacy as a new hegemonic power with a non-liberal world order. This third volume of the trilogy on reformulating the ‘flying-geese’ theory explains how capitalism has changed industrial structures across the world. It asks whether the ‘flying-geese’ formation will survive the changes that have produced the East Asian miracle, and – as hoped – spread to Africa. Terutomo Ozawa’s reformulated 'flying-geese' theory explains structural changes as an innovation-driven, ratcheting-up process of economic growth and shows that market-driven multinational corporations are key players for a successful ‘flying-geese’ formation and structural transformation. The book argues that the ‘ladder’ of economic development must be conceived as a double-helix with inter- and intra-industry rungs, the latter embedding cross-border supply chains and adaptive innovations. A thorough exploration of the structural changes under Pax Britannica and Pax Americana – moving from ‘kicking away the ladder’ from emerging economies to then providing it – demonstrates that this trend engenders multinational corporations that can facilitate structural transformation, particularly in catching-up economies. Ozawa shows that China is now in the critical transitional period that requires more sophisticated institutional, socio-political setups, as well as more advanced knowledge and ethics to move from the lower to the higher rungs. This enlightening, accessible and timely conclusion to Ozawa’s trilogy will be of great interest to many, particularly those specialising in international business, economics, political science, and international relations. Academics and practitioners alike will find this an invaluable resource.


Towards a New International Economic Order

Towards a New International Economic Order
Author: Mohammed Bedjaoui
Publisher: New York : Holmes & Meier
Total Pages: 287
Release: 1979
Genre: Business & Economics
ISBN: 9780841905887

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Globalization: A Very Short Introduction

Globalization: A Very Short Introduction
Author: Manfred B. Steger
Publisher: Oxford University Press
Total Pages: 185
Release: 2020-05-28
Genre: Political Science
ISBN: 0192589326

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We live today in an interconnected world in which ordinary people can became instant online celebrities to fans thousands of miles away, in which religious leaders can influence millions globally, in which humans are altering the climate and environment, and in which complex social forces intersect across continents. This is globalization. In the fifth edition of his bestselling Very Short Introduction Manfred B. Steger considers the major dimensions of globalization: economic, political, cultural, ideological, and ecological. He looks at its causes and effects, and engages with the hotly contested question of whether globalization is, ultimately, a good or a bad thing. From climate change to the Ebola virus, Donald Trump to Twitter, trade wars to China's growing global profile, Steger explores today's unprecedented levels of planetary integration as well as the recent challenges posed by resurgent national populism. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.