The Regionalization of the World Economy

The Regionalization of the World Economy PDF

Author: Jeffrey A. Frankel

Publisher: University of Chicago Press

Published: 2007-12-01

Total Pages: 295

ISBN-13: 0226260224

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Regional economic arrangements such as free trade areas (FTAs), customs unions, and currency blocs, have become increasingly prevalent in the world economy. Both pervasive and controversial, regionalization has some economists optimistic about the opportunities it creates and others fearful that it may corrupt fragile efforts to encourage global free trade. Including both empirical and theoretical studies, this volume addresses several important questions: Why do countries adopt FTAs and other regional trading arrangements? To what extent have existing regional arrangements actually affected patterns of trade? What are the welfare effects of such arrangements? Several chapters explore the economic effects of regional arrangements on patterns of trade, either on price differentials or via the gravity model on bilateral trade flows. In addition, this book examines the theoretical foundation of the gravity model. Making extensive use of the gravity model of bilateral trade, several chapters explore the economic effects of regional arrangements. In addition, this book examines the theoretical foundation of the gravity model.

Regionalization and Globalization in the Modern World Economy

Regionalization and Globalization in the Modern World Economy PDF

Author: Alex E. Fernández Jilberto

Publisher: Routledge

Published: 2017-03-16

Total Pages: 413

ISBN-13: 1351794515

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Originally published in 1998. This collection of outstanding essays explores the importance of regionalization and globalization to the world economy. International contributions explore the process of regionalization in the Pacific Area, The Americas, Africa and Europe, and question whether the world economy is characterized by increasing regionalization, rather than globalization. The book is an excellent contribution to debate on development economics. It investigates how the processes of globalization and regionalization, driven by liberalization of trade and capital markets, weaken nationally established monopolies and protected industries and it looks at the challenge to Third World nations and the countries of the former socialist bloc.

Global Regionalization

Global Regionalization PDF

Author: H. S. Geyer

Publisher: Edward Elgar Publishing

Published: 2006

Total Pages: 336

ISBN-13:

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Examines the political and economic changes that have reshaped the political geography of certain regions. This book deals with the concept of global bloc formation, examining the impacts that political-economic conditions and relationships in and between nations have on demographic and economic flows.

The World Economy

The World Economy PDF

Author: Marjan Svetlicic

Publisher: Springer

Published: 1996-08-12

Total Pages: 250

ISBN-13: 1349246956

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The process of globalization can be seen in the increase of: trade interdependence, the importance of global multinational corporations, mobility and volatility of capital flows (with dangers demonstrated by the recent Mexican crisis). This globalization creates both dangers and new opportunities, both winners and losers. The parallel growth of regional blocs is equally hazardous, particularly for countries left outside the regional blocs. The book, with contributions by eminent experts, describes the impact of both globalization and regionalization and the relationship between these two dominant trends.

Regionalization vs. Globalization

Regionalization vs. Globalization PDF

Author: Mr.Hideaki Hirata

Publisher: INTERNATIONAL MONETARY FUND

Published: 2013-01-22

Total Pages: 0

ISBN-13: 9781557753281

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Abstract: Both global and regional economic linkages have strengthened substantially over the past quarter century. We employ a dynamic factor model to analyze the implications of these linkages for the evolution of global and regional business cycles. Our model allows us to assess the roles played by the global, regional, and country-specific factors in explaining business cycles in a large sample of countries and regions over the period 1960–2010. We find that, since the mid-1980s, the importance of regional factors has increased markedly in explaining business cycles especially in regions that experienced a sharp growth in intra-regional trade and financial flows. By contrast, the relative importance of the global factor has declined over the same period. In short, the recent era of globalization has witnessed the emergence of regional business cycles.

Globalism and the New Regionalism

Globalism and the New Regionalism PDF

Author: Osvaldo Sunkel

Publisher: Springer

Published: 2016-07-27

Total Pages: 304

ISBN-13: 134927268X

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This is the first of five volumes reporting on the UNU-WIDER study on New Regionalism. It deals with the conceptions and meanings of two processes which probably will have a crucial influence on the shape of the 'new world order' - globalization and regionalization. These studies relate to each other as challenge to response, globalization being the challenge of economic and cultural homogenization of the world and regionalization being a social and political reaction. The leading writers in the field contribute thought-provoking and fascinating articles to this volume.

Regionalisation and Global Governance

Regionalisation and Global Governance PDF

Author: Andrew F. Cooper

Publisher: Routledge

Published: 2007-12-21

Total Pages: 286

ISBN-13: 1134052472

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This book explores the relationship between regionalization and global governance, surveying the theoretical debates, economic dimensions, security considerations and governing structures.

Building Regions

Building Regions PDF

Author: Dr Luk Van Langenhove

Publisher: Ashgate Publishing, Ltd.

Published: 2013-03-28

Total Pages: 208

ISBN-13: 1409489337

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Regions. How they emerge and how they are dramatically changing the appearance of the present 'world of states' and its related forms of governance from local to global levels is analysed in this monograph. But what are regions? Regions can be small or huge. They can be part of a single state, be composed out of different states or stretched out across borders. They can be important recognized economic, social or cultural entities or they can be largely ignored by the people who live on a region's territory. They can be well-defined with clear cut boundaries as is the case in so-called 'constitutional regions' or they can be fuzzy as for instance in cross-border regions. In sum, they are not a natural kind and defining regions is not a simple task. Luk Van Langenhove advances the concept of region building as an alternative to the construction of regions with three issues of region building being explored: - Why are regions built in a world of states? - How do region building processes take place? - How are regions transforming the present world order? Crossing disciplinary boundaries, this book is an exercise in theorizing regions and brings together under one conceptual framework, different processes and concepts such as regional integration, devolution, federalism, and separatism and refines the social constructionist view on regions

Globalization, Regionalization and Business

Globalization, Regionalization and Business PDF

Author: M. Schelhase

Publisher: Springer

Published: 2008-10-01

Total Pages: 205

ISBN-13: 0230584217

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The book provides new insight into the role of organised business interests. It supports the concept of political economy and demonstrates how it transcends the limitations of CPE or IPE, to form a coherent whole. The book maps the conflict, convergence and influence of organized business interests in the context of regional integration.