Integration and Globalization

Challenges for Developed and Developing Countries

AvHelena Marques,Elias Soukiazis

Inbunden, Engelska, 2009

Del i serien INFER Advances in Economic Research series

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Beskrivning

The main challenges the European Single Market is facing in the 21st century result from the enlargement to Central and Eastern Europe, the EMU, and the globalization of trade and investment that has aided the rise of competitive emerging markets. This state-of-the-art book provides fresh theoretical and empirical evidence on the challenges presented by integration and globalization for both developed and developing countries. The authors demonstrate how the European Single Market remains a work in progress with many critical issues still to be addressed. These include the rigidities in product and labor markets, the need for innovation and quality upgrading, and the rapid catch-up of new member countries. They go on to show how firms use the opportunities provided by integration and globalization to fragment their production processes internationally, which brings gains but also requires structural adjustment. The book also argues that global environmental coordination may be less detrimental to the growth prospects of developing countries than is commonly believed. Illustrating a number of methodologies, this book will be a great resource tool for postgraduates and undergraduates in the fields of international economics and business, as well as researchers and policy-makers.

Produktinformation

Utgivningsdatum:2009-07-30
Mått:156 x 234 x undefined mm
Format:Inbunden
Språk:Engelska
Serie:INFER Advances in Economic Research series
Förlag:Edward Elgar Publishing Ltd
ISBN:9781848446557

Utforska kategorier

Internationell ekonomi inom Ekonomi och Ledarskap

Mer om författaren

Edited by Helena Marques, Universitat de les Illes Balears, Spain, Elias Soukiazis and Pedro Cerqueira, Universidade de Coimbra, Portugal

Recensioner i media

'In some respects, intra-EU integration and globalisation move together since the Union is very open. In other respects, there are frictions such as a slowly widening wage gap between skills and the fear of continuous relocation of companies to other continents. This book highlights the interaction between these two phenomena in various ways by adding new empirical work on globalisation e.g. outsourcing, spill-overs for developing countries under climate change strategies ("carbon leakage" in EU jargon) and exchange pass-through after opening the economy to globalisation (example, India). For the EU the double challenge of absorbing the impact of globalisation and the ambitious deepening of its internal market is discussed by (rightly) focussing on EU countries most vulnerable to globalisation, i.e. the new Member States given their new production and trade structures. Altogether, a timely and useful contribution.'

Innehållsförteckning

Contents:Preface PART I: OVERVIEW1. Integration and Globalization: An OverviewHelena Marques, Elias Soukiazis and Pedro CerqueiraPART II: EUROPEAN ECONOMIES AND INTEGRATION2. Challenges for the Internal Market in the 21st CenturyFabienne Ilzkovitz, Adriaan Dierx, Viktoria Kovacs and Nuno Sousa3. Testing Nominal Rigidities in an Integrated Economy: An Application to SpainMaria Ángeles Caraballo and Carlos Usabiaga4. Innovation, Competitiveness and Growth: The Case of Central and Eastern European CountriesEleonora Cavallaro and Marcella Mulino5. Price Convergence in the New EU Member States: Selected Aspects and ImplicationsVáclav Zd’árekPART III: DEVELOPING ECONOMIES AND GLOBALIZATION6. Outsourcing: A Story of MetamorphosisSoumodip Sarkar7. International Spillovers and Learning by Doing in a Regionalized Model of Climate Change: A Post-Kyoto AnalysisNicola Cantore 8. Assessing Exchange Rate Pass-Through in India During Recent Globalization Sushanta Mallick and Helena Marques 9. A Dynamic CGE Analysis of the EU–Jordan FTA: Welfare and Policy ImplicationsOmar FeraboliIndex