Khosrow Fatemi - Böcker

After years of debate and a turbulent passage through Congress, The North American Free Trade Agreement came into effect on 1st January 1994. The agreement heralds a new era in North America's economic and political behavior and will dominate the international economic arena of the western hemisphere in the coming decades. In order to understand the implications and challenges of NAFTA on both a domestic and international level, this book examines the corporate, managerial and financial consequences for the participating countries (United States, Canada and Mexico), as well as the wider impact of economic regionalism in the new world order, especially in relation to the European Union. An overview of the agreement itself is followed by analysis from an external perspective and an examination of intra-regional issues.

Fundamental changes in recent decades have heightened the need for new and viable solutions to the problems of world trade. In the new climate of internationalisation an expanding number of firms are engaged in international trade, barriers have been coming down, and trading blocs, whose members may share the advantage of lower tariffs and the absence of quotas, are beginning to predominate. Such systems, however, have a generally negative impact on global trade and can be catastrophic for developing and non-industrialised economies. The degree of recent change has created an uncertainty that now demands new global trade systems - a new set of rules for the new environment. This book tackles some of the unresolved issues in international trade that will continue to press into the next century: the continuing controversy over NAFTA; globalised trade policy agreements vs local trade agreements; global leadership; the development and impact of the WTO; the single European market; trade controls; transition economies; trade policy reform; global airline competition; competition in financial services; trade wars; trade policies; and commercial policy, and international technology cooperation.

As the new millennium dawns, a new world order is taking shape. The political environment in which the global economy has to function is finally recovering from the bewilderment which followed the collapse of the bipolar system which had, in turn, come into being after World War Two. The aim of this book is to provide a discussion of the new world order as manifested by some of the changes which dominate the arena, specifically the dichotomy of concurrent attempts at globalization and regionalization of international trade and financial issues. The book is organized into four parts. Having set the stage in Part I, Part II deals with globalization issues, especially the World Trade Organization and its impact on global trade, as well as examining labor standards and reviewing the long-standing debate on trade policy. Part III provides an examination of some of the larger and more successful attempts at regional integration and regionalization of trade issues in Asia, the European Union, and the transitional economies of Central Europe. Finally, Part IV provides an analysis of one of the vehicles of bringing about the changes which are necessary to turn this still abstract idea into reality, namely the multinational corporations.

The global economy has undergone some major changes during the last several years. The objective of this book is to examine one particular aspect of the new global economic order, namely international public policy. The power of national governments in determining international public policy is being replaced by the dual extra-national entities of globalism - manifested by the WTO and regionalism - best exemplified by such groupings as the European Union and NAFTA. The reason for the importance of this topic is that government policy makers, like their private sector counterparts and academic researchers, are in uncharted waters. None is as familiar with the evolving system that is purportedly to manage the global economic arena. In the interim, and in the absence of a functioning global economic system, the role of academic researchers in the international public arena should include an examination of the changes which have already taken place as well as those which will be forthcoming in the coming years and decades. The first purpose of this volume is twofold: to provide an examination of international public policy in its current form; and to provide a forum for publication of some of the research findings in ongoing studies of international public policy. The second purpose of this book is to augment the work done in the area of examining the internationalizing process of public policy. It is hoped that it will also lead to an acceleration of the examination process.

This collection addresses the many issues in international finance and trade facing North American governments and industries. In his introduction, the editor challenges prevailing theories which maintain that the dollar's fall will alleviate America's balance of trade deficit. He also argues that the correlation between the value of the dollar and U.S. trade deficit with many countries is statistically insignificant and at any rate much weaker than existing theories maintain. Divided into eight parts analyzing the principal problems in international trade that will be faced in the 1990s, the work includes articles on currency markets and fluctuations; the international debt crisis; external borrowing; multi-national corporations; foreign direct investment in North America; and the North American Common Market.

Fatemi's edited volume is a refreshing contribution to the already voluminous literature on US-Mexican economic relation. . . . This list is broad enough to provide an introduction to US-Mexican economic relations for the novice reader, while US-Mexico specialists will benefit from the analysis of current data and new perspectives on familiar issues. In short, a valuable addition to both academic and public library collections. ChoiceThis volume examines the major issues facing the United States and Mexico as the two countries atempt to forge mutually acceptable economic relations. As Fatemi notes in his introduction, a great deal of interdependency--an `invisible integration'--does exist between the United States and Mexico. He adds that these relations are destined to expand in coming years, thus necessitating the satisfaction of economic, social, and political needs of each partner. These essays initiate this process via a balanced articulation of the diverse issues involved.

Established by the Mexican government in 1965 to provide employment for Mexican citizens in the cities along the U.S. border, the maquiladora program is now one of the fastest growing industries in that area. This pioneering volume presents an in-depth examination of the maquiladora phenomenon written by experts on the subject. The contributors focus on three vital dimensions of the maquiladora issue: the impact of the maquilas on workers and economic development in both the United States and Mexico; the success or failure of the maquilas on an industry by industry basis; and the strategic aspects of the maquiladora program from geopoltical and macroeconomic perspectives. The controversial aspects of the maquilas--their impact on local pollution, unemployment, and labor market exploitation--also receive extended coverage.Divided into six sections, the volume begins with descriptive essays on the history and current status of maquilas and the special provisions of U.S. and Mexican laws dealing with production sharing. The bulk of the volume is devoted to an analysis of the industry from various perspectives. The contributors examine the impact of maquilas on United States and Mexican border regions; describe the financial issues involved, including debt-equity swaps and other types of foreign investment; explore the use of maquiladoras by non-American countries; and look at the impact of maquiladoras on Mexico's balance of payments. A series of chapters assess the impact of maquilas in particular industries, including the automobile and apparel industries. Finally, the contributors turn toward the future of the maquiladora industry, addressing key issues such as the sociological impact of the maquiladoras, and the managerial issues facing maquiladora executives responsible for training and motivating workers in a multicultural environment. Scholars in Latin American studies, and development economics will find this volume a timely and provocative look at a subject of profound economic significance for both Mexico and the United States.

The scholars provide an overview as well as their insights of how NAFTA impacts on macroeconomic issues, national perspectives and bilateral issues, cross-border and industry-specific issues and the environment.

The need for continued analysis and evaluation of the international financial system is as pressing now as it was when this book was originally published. This volume provides an in-depth analysis of certain aspects of the international financial system. Specifically it addresses four of the most important financial and monetary issues of the present time: exchange rate, capital markets, international banking and external debt and international financial management.

The need for continued analysis and evaluation of the international financial system is as pressing now as it was when this book was originally published. This volume provides an in-depth analysis of certain aspects of the international financial system. Specifically it addresses four of the most important financial and monetary issues of the present time: exchange rate, capital markets, international banking and external debt and international financial management.

Learn to apply the strategies used in East Asia’s phenomenal economic expansion The phenomenal economic growth of many countries in East Asia has no historic parallel. Globalization and East Asia: Opportunities and Challenges examines different aspects of the economic performance of the region over the past three decades, with a focus on what it takes to replicate the experience elsewhere. Nineteen of the finest presentations from the 12th International Conference of the International Trade and Finance Association in Bangkok, Thailand, have been carefully selected and revised by their expert authors, providing powerful, practical economic development approaches that can be used to develop other economies.This comprehensive volume presents an insightful four-part view of the intricate economic workings of East Asia. The first part introduces the distinctive qualities of the policies that sparked economic growth and development. Part two provides comparative studies of different countries and industries in the region and an in-depth study of the East Asian area over the past fifty years. Part three presents sector specific studies within several countries, focusing on international finance. The fourth part spotlights important industry-specific elements and explores the future of globalization in relation to its effects on East Asia. Each chapter is extensively referenced, and several use tables and charts to clearly reinforce crucial points.Globalization and East Asia includes topics such as:the characteristics of East Asian economic growthand how other areas will benefit the rapid economic growth of the region since the end of World War II an evaluation of efficiency and leveraging of assets comparing the United States and the Four Dragon (FD) industries structural weaknesses within Asian countries trade flows between the United States and Thailand a bilateral study the progress of APEC’s environmental cooperation financial resource flows during the 1990s Malaysian financial markets and the Asian financial crisis China’s economic transition and exchange rate policies the use of dual production theory as a model in the world economy Thailand’s telecommunications sectorand how it provides illustration for other sector specific industries in developing countries development of bilateral trade negotiations between the United States and Vietnam the status of United States apparel imports Globalization and East Asia is important, insightful reading for researchers, scholars, and professionals specializing in regional economics and economic development.

Learn to apply the strategies used in East Asia’s phenomenal economic expansion The phenomenal economic growth of many countries in East Asia has no historic parallel. Globalization and East Asia: Opportunities and Challenges examines different aspects of the economic performance of the region over the past three decades, with a focus on what it takes to replicate the experience elsewhere. Nineteen of the finest presentations from the 12th International Conference of the International Trade and Finance Association in Bangkok, Thailand, have been carefully selected and revised by their expert authors, providing powerful, practical economic development approaches that can be used to develop other economies.This comprehensive volume presents an insightful four-part view of the intricate economic workings of East Asia. The first part introduces the distinctive qualities of the policies that sparked economic growth and development. Part two provides comparative studies of different countries and industries in the region and an in-depth study of the East Asian area over the past fifty years. Part three presents sector specific studies within several countries, focusing on international finance. The fourth part spotlights important industry-specific elements and explores the future of globalization in relation to its effects on East Asia. Each chapter is extensively referenced, and several use tables and charts to clearly reinforce crucial points.Globalization and East Asia includes topics such as:the characteristics of East Asian economic growthand how other areas will benefit the rapid economic growth of the region since the end of World War II an evaluation of efficiency and leveraging of assets comparing the United States and the Four Dragon (FD) industries structural weaknesses within Asian countries trade flows between the United States and Thailand a bilateral study the progress of APEC’s environmental cooperation financial resource flows during the 1990s Malaysian financial markets and the Asian financial crisis China’s economic transition and exchange rate policies the use of dual production theory as a model in the world economy Thailand’s telecommunications sectorand how it provides illustration for other sector specific industries in developing countries development of bilateral trade negotiations between the United States and Vietnam the status of United States apparel imports Globalization and East Asia is important, insightful reading for researchers, scholars, and professionals specializing in regional economics and economic development.