Governance and Foreign Investment in China, India, and Taiwan

Credibility, Flexibility, and International Business


Author: Yu Zheng

Publisher: University of Michigan Press

ISBN: 0472119044

Category: Business & Economics

Page: 253

View: 5354

The type of government and the interplay of macro- and microlevel political institutions affect a country’s ability to attract foreign investment

The Political Economy of Regional Peacemaking


Author: Steven E. Lobell,Norrin M Ripsman

Publisher: University of Michigan Press

ISBN: 0472053078

Category: Political Science

Page: 260

View: 8806

In The Political Economy of Regional Peacemaking, scholars examine the efficacy of trade agreements, economic sanctions, and other strategies of economic statecraft for the promotion of peace both between rival states and across conflict-ridden regions more generally. In the introduction, Steven E. Lobell and Norrin M. Ripsman pose five central questions: (1) What types of economic statecraft, including incentives and sanctions, can interested parties employ? (2) Who are the appropriate targets in the rival states—state leaders, economic and social elites, or society as whole? (3) When should specific economic instruments be used to promote peace—prior to negotiations, during negotiations, after signature of the treaty, or during implementation of the treaty? (4) What are the limits and risks of economic statecraft and economic interdependence? (5) How can economic statecraft be used to move from a bilateral peace agreement to regional peace? The chapters that follow are grouped in three sections, corresponding to the three stages of peacemaking: reduction or management of regional conflict; peacemaking or progress toward a peace treaty; and maintenance of bilateral peace and the regionalization of the peace settlement. In each chapter, the contributors consider the five key questions from a variety of methodological, historical, cultural, and empirical perspectives, drawing data from the Pacific, the Middle East, Europe, Asia, and Latin America. The conclusion expands on several themes found in the chapters and proposes an agenda for future research.

Borrowing Credibility

Global Banks and Monetary Regimes


Author: Jana Grittersová

Publisher: University of Michigan Press

ISBN: 0472130463

Category: Political Science

Page: 295

View: 9460

Explores multinational banks' role in enhancing monetary credibility, revealing the importance of market confidence in an interconnected world

Geopolitical Economy

The South Korean FTA Strategy


Author: Jonathan Krieckhaus

Publisher: University of Michigan Press

ISBN: 0472123882

Category: Political Science

Page: 192

View: 3010

Geopolitical Economy examines the significance and nature of free trade agreements (FTAs), the primary policy tool through which modern nations seek access to international markets and promote economic growth. The book focuses specifically on how South Korea, the world’s leader in the number and significance of FTAs as well as the world’s sixth largest export economy, uses FTAs. Jonathan Krieckhaus argues that geopolitics—the struggle between powerful nations over specific geographic regions around the globe—influenced FTA strategy and economic policy in South Korea and beyond. This perspective illustrates the security approach to FTAs, but adds that the geographic specificity of security concerns deeply shape FTA policy. Geopolitical Economy also looks at Korean FTAs through the lens of development strategy. South Korea is singularly successful in garnering FTAs with all three players in the global economy: the United States, the European Union, and China. This unprecedented success was built on a strong commitment from three consecutive Korean presidential administrations, each operating within a favorable state-society context that enjoyed the existence of a centralized and effective trade bureaucracy.

Dancing with Giants

China, India, and the Global Economy


Author: Alan Winters,Shahid Yusuf

Publisher: World Bank Publications

ISBN: 9780821367506

Category: Business & Economics

Page: 288

View: 9120

China is now the world's fourth largest economy and growing very fast. India's economic salience is also on the rise. Together these two countries will profoundly influence the pace and nature of global economic change. Drawing upon the latest research, this volume analyzes the influences on the rapid future development of these two countries and examines how their growth is likely to impinge upon other countries. It considers international trade, industrialization, foreign investment and capital flows, and the implications of their broadening environmental footprints. It also discusses how the two countries have tackled poverty, inequality and governance issues and whether progress in these areas will be a key to rapid and stable growth.

Global Value Chains in a Changing World


Author: Deborah Kay Elms,Patrick Low

Publisher: N.A

ISBN: 9789287038821

Category: Business & Economics

Page: 409

View: 6704

A collection of papers by some of the world's leading specialists on global value chains (GVCs). It examines how GVCs have evolved and the challenges they face in a rapidly changing world. The approach is multi-disciplinary, with contributions from economists, political scientists, supply chain management specialists, practitioners and policy-makers. Co-published with the Fung Global Institute and the Temasek

International Financial Integration


Author: Mr. Philip R. Lane,Mr. Gian-Maria Milesi-Ferretti

Publisher: International Monetary Fund

ISBN: 1451896972

Category: Business & Economics

Page: 45

View: 6381

In recent decades, the foreign assets and liabilities of advanced economies have grown rapidly relative to GDP, with the increase in gross cross-holdings far exceeding changes in the size of net positions. Moreover, the portfolio equity and FDI categories have grown in importance relative to international debt stocks. This paper describes the broad trends in international financial integration for a sample of industrial countries and seeks to explain the cross-country and time-series variation in the size of international balance sheets. It also examines the behavior of the rates of return on foreign assets and liabilities, relating them to "market" returns.

Capital for the Future

Saving and Investment in an Interdependent World


Author: The World Bank

Publisher: World Bank Publications

ISBN: 0821399551

Category: Business & Economics

Page: 168

View: 8803

The gradual acceleration of growth in developing countries is a defining feature of the past two decades. This acceleration came with major shifts in patterns of investment, saving, and capital flows. This second volume in the Global Development Horizons series analyzes these shifts and explores how they may evolve through 2030. Average domestic saving in developing countries stood at 34 percent of their GDP in 2010, up from 24 percent in 1990, while their investment was around 33 percent of their GDP in 2012, up from 26 percent. These trends in saving and investment, along with higher growth rates in developing countries, have resulted in developing countries’ share of global savings now standing at 46 percent, nearly double the level of the 1990s. The presence of developing countries on the global stage will continue to expand over the next two decades. Analysis in this report projects that by 2030, China will account for 30 percent of global investment activity, far and away the largest share of any single country, while India and Brazil (at 7 percent and 3 percent) will account for shares comparable to those of the United States and Japan (11 percent and 5 percent). The complex interaction among aging, growth, and financial deepening can be expected to result in a world where developing countries will contribute 62 of every 100 dollars of world saving in 2030, up from 45 dollars in 2010, and where they account for between $6.2 trillion and $13 trillion of global gross capital flows, rising from $1.3 trillion in 2010. Trends in investment, saving, and capital flows through 2030 will affect economic conditions from the household level to the global macroeconomic level, with implications not only for national policy makers but also for international institutions and policy coordination. Policymakers preparing for this change will benefit from a better understanding of the unfolding dynamics of global capital and wealth in the future. This book is accompanied by a website,, that includes a host of related electronic resources: data sets underlying the two main scenarios presented in the report, background papers, technical appendixes, interactive widgets with variations to some of the assumptions used in the projections, and related audio and video resources.

China's Great Economic Transformation


Author: Loren Brandt,Thomas G. Rawski

Publisher: Cambridge University Press

ISBN: 1139470949

Category: Business & Economics

Page: 928

View: 2809

This landmark study provides an integrated analysis of China's unexpected economic boom of the past three decades. The authors combine deep China expertise with broad disciplinary knowledge to explain China's remarkable combination of high-speed growth and deeply flawed institutions. Their work exposes the mechanisms underpinning the origin and expansion of China's great boom. Penetrating studies track the rise of Chinese capabilities in manufacturing and in research and development. The editors probe both achievements and weaknesses across many sectors, including China's fiscal, legal, and financial institutions. The book shows how an intricate minuet combining China's political system with sectorial development, globalization, resource transfers across geographic and economic space, and partial system reform delivered an astonishing and unprecedented growth spurt.

Great Powers, Grand Strategies

The New Game in the South China Sea


Author: Anders Corr

Publisher: Naval Institute Press

ISBN: 1682472361

Category: History

Page: 336

View: 549

This book focuses on grand strategic approaches to the South China Sea dispute by major powers in the region -- those capable of projecting force to the South China Sea and abroad. It explores international dimensions of the South China Sea dispute, and how military, diplomatic, and economic strategies of global actors have both contributed to solutions and exacerbated conflict. Key international organizations and major powers have their own chapters, including China, the United States, the Association of Southeast Asian Nations (ASEAN), the European Union (EU), Japan, India, Australia, and Russia. The book is unique in the existing literature in that it provides an all-encompassing, interconnected, and theoretical explanation of major powers involved in the South China Sea conflict. Grand strategy -- which includes not only military, but economic, political, and diplomatic strategies, is addressed in the volume as a whole. Authors seek to put the grand strategies of the major powers into analytic juxtaposition to determine likely outcomes of, and optimal major power strategies for, the South China Sea conflict over time. The volume focuses on the deeper aspects of grand strategy and history, not customarily in the daily news coverage of incidents-at-sea and negotiations. The South China Sea Conflict has been ongoing since at least 1909, when the Qing sent a German-guided ship on a two-day voyage to the Paracels to fire cannon and claim the area. The two major adversaries -- China and the U.S. (plus allies), are in a long-term stalemate with incremental changes and frequent outbursts of brinkmanship. Occupation and economic activities in foreign exclusive economic zones (EEZs) increased substantially in the 1980s, and are the basis of a conflict that will likely persist for the next 10-20 years. Country-specific specialists are in discussion with one another between the covers of this book, in order to better understand the strategies of major players and their likely outcomes. One cannot understand the South China Sea dispute without understanding the interaction of grand strategies, and that requires consideration of military, diplomatic, and economic aspects of the conflict across all major powers. This book provides that comparative strategic analysis of the dispute that is required to make progress towards its solution.

Management in Complex Environments

Questions for Leaders


Author: Brian Ganson

Publisher: International Council of Swedish Industry

ISBN: 9789163739910

Category: Business & Economics

Page: 272

View: 6406

Companies operating in complex environments require a rigorous understanding of the economic, political, social and conflict dynamics of which they become part. Such insight helps them navigate substantial risks and challenges, grow their business even in unexpected places, work more effectively with local, national and international actors, and make meaningful contributions to stability and development. This book combines expert analysis, company case stories, and reflections from more than 100 business leaders. Drawing on a vast repository of knowledge and experience, it poses essential questions to better understand a particular complex environment and lead the company within it. It concretely demonstrates how leaders can help their companies meet their full range of goals - technical, financial, legal, reputation and social - by addressing the questions set out in this book. It is an invaluable resource for corporate practitioners and others concerned with company operations in complex environments. The book is the result of an intense and fruitful collaboration among the Africa Centre for Dispute Settlement, University of Stellenbosch Business School; the Corporate Engagement and Reflecting on Peace Practice Programs of CDA; the Geneva Peacebuilding Platform; the Institute for Business in the Global Context of The Fletcher School, Tufts University; the IRENE Institute of ESSEC Business School; the International Council of Swedish Industry; and the Stockholm Policy Group. Authors include Dost Bardouille-Crema, Diana Chigas, Brian Ganson, Kathleen Hamill, Paul Hollesen, Benjamin Miller, Cecile Renouard, Nicklas Svensson, and Achim Wennmann.

Harnessing Foreign Direct Investment for Development

Policies for Developed and Developing Countries


Author: Theodore H. Moran

Publisher: CGD Books

ISBN: 1933286091

Category: Political Science

Page: 173

View: 6489

Is foreign direct investment good for development? Moving beyond the findings of his previous book Does Foreign Direct Investment Promote Development? (CGD and IIE, 2005), Theodore H. Moran presents surprisingly good--and startlingly bad--news. The good news highlights how foreign direct investment can make a contribution to development significantly more powerful and more varied than conventional measurements indicate. The bad news reveals that foreign direct investment can also distort host economies and polities with consequences substantially more adverse than critics and cynics have imagined. This book rigorously examines the principal controversies and debates about FDI in manufacturing and assembly, extractive industries, and infrastructure, in light of new evidence and analysis. Written in engaging prose, it identifies how developed and developing countries, multilateral lending agencies, and civil society can work in concert to harness foreign direct investment to promote the growth and welfare of developing countries.

Political Economy in Haiti

The Drama of Survival


Author: Simon M. Fass

Publisher: Transaction Publishers

ISBN: 9781412831123

Category: History

Page: 369

View: 8707

This important study introduces the conceptual premise that families, like firms, analyze their circumstances, make decisions, and pursue courses of action on the basis of what they perceive to be the most efficient methods for producing and reproducing survival. Combining this premise with an extraordinary assemblage of facts gleaned over the period of a decade from the streets, markets and homes of Port-au-Prince, the author weaves a tapestry of despair and hope which only an unusual degree of intimacy with the details of everyday life in the city could provide. The result is a considerable deepening of understanding about the politics and economics by which family members earn their livelihoods, distribute resources within and between households, produce life and labor from food and water, provide shelter and schooling for themselves, and borrow money to finance these and other activities. These different dimensions of daily existence form a web of interdependency in which change in any one dimension causes change in all the others. As Professor Pass's work demonstrates, research and development assistance practices of public and private organizations, in such areas as employment, health, housing, education and credit are often irrelevant. This is because they are necessarily guided by prevailing concepts and theories with respect to the circumstances of the urban poor, which sometimes do the poor considerable disservice. With the additional insight provided by a decade of participation in the design of policies, programs and projects serving as a tempering influence, the author does not leap to easy criticism of prevailing views and practices. He notes that ideas and interventions change in response to new understanding, sometimes in ways that the producers of such understanding could never have imagined. The problem is that change is painfully slow, and in desperately poor countries like Haiti, waiting for change exacts an almost intolerable price from the poor. This book is a provocative yet highly original contribution which will require serious attention from scholars and practitioners of development. Appearing as it does soon after the great seaward exodus of Haitians and urban unrest culminating in the flight of the Duvalier family, this timely volume will provide illumination for those seeking to understand the circumstances that press people to risk all in the name of survival.

Diaspora for Development in Africa


Author: Sonia Plaza,Dilip Ratha

Publisher: World Bank Publications

ISBN: 0821382586

Category: Business & Economics

Page: 328

View: 7726

The diaspora of developing countries can be a potent force for development, through remittances, but more importantly, through promotion of trade, investment, knowledge and technology transfers. The book aims to consolidate research and evidence on these issues with a view to formulating policies in both sending and receiving countries.

Offshoring and the Internationalization of Employment

A Challenge for a Fair Globalization?


Author: Peter Auer,Geneviève Besse,Dominique Méda

Publisher: International Labour Organization

ISBN: 9789290147831

Category: Business & Economics

Page: 253

View: 6759

This collection of papers examines key trends in the internationalisation of employment, drawing on the proceedings of an ILO conference held in Annecy, France in April 2005. The papers focus on three related issues: the impacts of trade and investment abroad, including the offshoring of production of goods and services, and effects on the winners and losers in terms of employment; adjustment methods for coping with the short and medium term problems related to the globalisation of employment; and the importance of international instruments to help ensure a level playing field in trade and promote development, drawing on established rights and international labour standards.

Making Foreign Direct Investment Work for Sub-Saharan Africa

Local Spillovers and Competitiveness in Global Value Chains


Author: Thomas Farole,Deborah Winkler

Publisher: World Bank Publications

ISBN: 1464801274

Category: Business & Economics

Page: 298

View: 1777

This book presents the results of a groundbreaking study on spillovers of knowledge and technology from global value-chain oriented foreign direct investment (FDI) in Sub-Saharan Africa, and discusses implications for policymakers hoping to harness the power of FDI for economic development.

The China Boom and Its Discontents


Author: Ross Garnaut,Ligang Song

Publisher: ANU E Press

ISBN: 1920942416

Category: China

Page: 267

View: 3735

China is shaping the global economy as never before. An insatiable demand for commodities, energy resources and capital, and deepening integration to the world economy has won China acclaim. Yet 25 years of rapid industrial development, far-reaching economic reforms and increasing international competition have also created an array of challenging domestic policy demands. The China Boom and its Discontents discusses the financial and social challenges that have emerged in the wake of rapid economic growth. Recent research on demographic trends, labour movements, financial development, social security, urbanisation and trade agreements highlight the unfinished progress of reforms in China.

China and India in the Age of Globalization


Author: Shalendra D. Sharma

Publisher: Cambridge University Press

ISBN: 113947975X

Category: Political Science

Page: N.A

View: 5794

The rise of China and India is the story of our times. The unprecedented expansion of their economic and power capabilities raises profound questions for scholars and policymakers. What forces propelled these two Asian giants into global pacesetters, and what does their emergence mean for the United States and the world? With intimate detail, Shalendra D. Sharma's China and India in the Age of Globalization explores how the interplay of socio-historical, political, and economic forces has transformed these once poor agrarian societies into economic powerhouses. This book examines the challenges both countries face and what each must do to strike the balance between reaping the opportunities and mitigating the risks. For the United States, assisting a rising China to become a responsible global stakeholder and fostering peace and stability in the volatile subcontinent will be paramount in the coming years.