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China India And The International Economic Order

Author: Muthucumaraswamy Sornarajah
Publisher: Cambridge University Press
ISBN: 1139487701
Size: 57.54 MB
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With contributions by a variety of internationally distinguished scholars on international law, world trade, business law and development, this unique examination of the roles of China and India in the new world economy adopts the perspectives of international economic law and comparative law. The two countries are compared with respect to issues concerning trade and development, the World Trade Organization, international dispute settlement, regional/free trade agreements, outsourcing, international investment, foreign investment, corporate governance, competition law and policy, and law and development in general. The findings demonstrate that, though their domestic approaches to economic issues diverge, China and India adopt similar stances at the international level on many major issues, recapturing images which existed during the immediate post-colonial era. Cooperation between China and India could provide leadership in the struggle for economic development in developing countries.

China India And The International Economic Order

Author: Muthucumaraswamy Sornarajah
Publisher: Cambridge University Press
ISBN: 9780521110570
Size: 38.13 MB
Format: PDF, ePub
View: 3577
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With contributions by a variety of internationally distinguished scholars on international law, world trade, business law and development, this unique examination of the roles of China and India in the new world economy adopts the perspectives of international economic law and comparative law. The two countries are compared with respect to issues concerning trade and development, the World Trade Organization, international dispute settlement, regional/free trade agreements, outsourcing, international investment, foreign investment, corporate governance, competition law and policy, and law and development in general. The findings demonstrate that, though their domestic approaches to economic issues diverge, China and India adopt similar stances at the international level on many major issues, recapturing images which existed during the immediate post-colonial era. Cooperation between China and India could provide leadership in the struggle for economic development in developing countries.

China In The International Economic Order

Author: Lisa Toohey
Publisher: Cambridge University Press
ISBN: 1316299260
Size: 33.78 MB
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The enormous economic power of the People's Republic of China makes it one of the most important actors in the international system. Since China's accession to the World Trade Organization in 2001, all fields of international economic law have been impacted by greater Chinese participation. Now, just over one decade later, the question remains as to whether China's unique characteristics make its engagement fundamentally different from that of other players. In this volume, well-known scholars from outside China consider the country's approach to international economic law. In addition to the usual foci of trade and investment, the authors also consider monetary law, finance, competition law, and intellectual property. What emerges is a rare portrait of China's strategy across the full spectrum of international economic activity.

Aftermath

Author: Craig Calhoun
Publisher: NYU Press
ISBN: 0814772838
Size: 79.46 MB
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The global financial crisis showed deep problems with mainstream economic predictions. At the same time, it showed the vulnerability of the world's richest countries and the enormous potential of some poorer ones. China, India, Brazil and other countries are growing faster than Europe or America and they have weathered the crisis better. Will they be new world leaders? And is their growth due to following conventional economic guidelines or instead to strong state leadership and sometimes protectionism? These issues are basic not only to the question of which countries will grow in coming decades but to likely conflicts over global trade policy, currency standards, and economic cooperation. The Possible Futures Series gathers together the great minds of social science to address the significance of the global economic crisis in a series of short, accessible books. Each volume takes on the past, present and future of this crisis, suggesting that the crisis has an informative history, that the consequences could be much more basic than stock declines, and that only fundamental changes - not fiscal band aids - can hold off future repetitions.

The World Economy After The Global Crisis

Author: Barry Eichengreen
Publisher: World Scientific
ISBN: 9814452203
Size: 10.89 MB
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List of contributors The global credit crisis of 2008–2009 was the most serious shock to the world economy in fully 80 years. It was for the world as a whole what the Asian crisis of 1997–1998 was for emerging markets: a profoundly alarming wake-up call. By laying bare the fragility of global markets, it raised troubling questions about the operation of our deeply integrated world economy. It cast doubt on the efficacy of the dominant mode of light-touch financial regulation and more generally on the efficacy of the prevailing commitment to economic and financial liberalization. It challenged the managerial capacity of inherited institutions of global governance. And it augured a changing of the guard, pointing to the possibility that the economies that had been the leaders in the “global growth stakes” in the past might no longer be the leaders in the future. What the crisis means for reform, however, is still unclear. This book brings together leading scholars and policy analysts to describe and weigh the options. Successive chapters assess options for the global financial system, the global trading system, the international monetary system, and the Group of 20 and global governance. A final set of chapters contemplates the policy challenges for emerging markets and the advanced economies in the wake of the financial crisis. Contents:IntroductionFinancial Reform after the CrisisDid WTO Rules Restrain Protectionism During the Recent Systemic Crisis?The International Monetary System after the Financial CrisisThe Group of 20: Trials of Global Governance in Times of CrisisEmerging Markets in the Aftermath of the Global Financial CrisisChallenges for Emerging AsiaLong-Term Challenges for the Advanced Economies: Reducing Government Debt Readership: Students and researchers in the fields of international economics, macroeconomics, finance and development. Keywords:World Economy;Financial Crisis;Global Trading System;Global Financial System;International Monetary System;G20;Global Governance;Emerging Markets;Asia;Advanced EconomiesKey Features:Gives comprehensive treatment covering trade, finance, macroeconomics and development policyCombines the perspectives of leading analysts from North America, Europe and AsiaContains accessible technical

World Development And Economic Systems

Author: S I Cohen
Publisher: World Scientific
ISBN: 9814632341
Size: 80.88 MB
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Mainstream economics generally assumes a universalistic market-oriented economic behavior that drives countries to adopt one economic system, with marginal variations. This book extends the scope of theory and applications by asserting that other distinct behaviors evolve and dominate in other economic systems. Systemic differences arise from distinct social, political and economic behavioral-motivational types that associate with intensive agent activity in household, state and firm settings. External conditions, historical events, and agent interactions ultimately result in domination of one motivational type over others; thus determining distinct profiles of structure, conduct, and performance in different economic systems, that are generally observed in the adopting countries. The book validates the theory empirically, traces the historical evolution of the respective economic systems in the world regions and evaluates their responses to various systemic failures such as monopoly, uncertainties, externalities and collective needs. The evaluation is extended to structural changes and system performance regarding growth and distribution. This book draws on microeconomics, welfare economics, development economics and the international economy. The book projects the influence potential of leading countries/systems, and treats effects of displacement of incumbent leaders (US, Japan) by newcomer leaders (China, India) on system competition and on world governance. Contents:IntroductionAn Integrative Theory of Economic SystemsEmpirical ValidationsEvolution and Evaluation of the Firm Intensive System in FIS-Centered CountriesEvolution and Evaluation of the State Intensive System in SIS-Oriented CountriesEconomic Systems in the Development RegionsFocus on China and India as Upcoming Global LeadersSystem Competition and World Governance in the Near Future Readership: Professionals working in the areas of economic systems, transitions, development and policy making; instructors and students of economics and finance; consultants and officials in international agencies working in fields related to economics and development. Key Features:Unique book that examines the topics of development economics, economic systems and world development as a coordinated wholeThe book presents a comprehensive theory that relates evolution of economic systems and world development to each otherAnalyzes historical timelines in the evolution of market- and state- oriented economic systems in western industrial and transition countries; and evaluates their recent developments and performancesStudies empirically systemic orientations of six world development regionsStudies changes in the influence potential of countries/systems and their impact on system competition and world governanceKeywords:Economics;Economic Systems;Comparative Studies;Market Economies;Transition Economies;Developing Countries;World Development;Economic Development

The Obstacles To The New International Economic Order

Author: Ervin Laszlo
Publisher: Elsevier
ISBN: 1483152790
Size: 72.15 MB
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The Obstacles to the New International Economic Order examines the most critical human, social, and economic obstacles confronting the establishment of the New International Economic Order (NIEO). One such obstacle is the structure of the international monetary system and the problems it creates for achieving the development financing objectives of the NIEO through such factors as the dollar dependence of the world economy, coupled with liquidity excess in the principal money markets. This volume is comprised of six chapters and begins with a discussion on political, institutional, and legal obstacles to NIEO, along with obstacles to international trade and international finance. In particular, the obstacles presented by the structure and policies of the International Monetary Fund are described. The mounting debt of developing countries is also considered, together with obstacles to the production and distribution of primary commodities and energy, obstacles to technology transfer and to social justice, and environmental obstacles. This book will be of interest to economists and economic policymakers.