Globalization and Economic Integration

Winners and Losers in the Asia-Pacific

Inbunden, Engelska, 2010

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Given the importance of globalization in today’s world, this salutary and timely book explores how globalization is specifically shaping the Asia-Pacific. It investigates future prospects and challenges, identifies the key winners and losers, and concludes in many cases that the portents for globalization are not particularly promising. Prominent economists and policy scholars examine a wide range of topics pertinent to globalization and economic integration in the Asia-Pacific, encompassing macroeconomic coordination and financial market integration; regionalism and preferential trade agreements; and immigration and labor markets, including gender issues and the impact of outsourcing. Through these analyses, the expert contributors illustrate the importance of market participants and regulators clearly understanding the risks associated with the present stage of globalization. They show that national policy makers need to reconfigure the regulatory framework following international lessons from previous financial crises experienced in the last two decades, and that financial literacy is essential for market participants, especially in emerging economies. Many of the issues discussed will prove useful in promoting the development of a new international financial architecture, comprising measures that will help reap the full benefits of globalization.This stimulating and challenging book will strongly appeal to academics, advanced undergraduates, postgraduates, researchers, and policy makers in the fields of Asian studies, international economics, and international business.

Produktinformation

Utgivningsdatum2010-07-30
Mått156 x 234 x undefined mm
FormatInbunden
SpråkEngelska
FörlagEdward Elgar Publishing Ltd
ISBN9781848448612

Tillhör följande kategorier

Internationell ekonomi inom Ekonomi och Ledarskap

Contents:PART I: INTRODUCTION1. Globalization and Integration in the Asia-Pacific: Prospects and RisksNoel Gaston and Ahmed M. KhalidPART II: GLOBALIZATION AND THE PROSPECTS FOR INTEGRATION2. The Twilight of Globalization?Marcus Noland3. Economic Integration in Extended East Asia: Toward a New Trade RegimeFukunari Kimura4. The Politics of (Anti-)Globalization: What do we Learn from Simple Models?David Greenaway and Douglas NelsonPART III: MACROECONOMIC COORDINATION AND FINANCIAL MARKET INTEGRATION5. Asian Financial IntegrationJennifer Corbett6. Forecasting International Financial Prices with Fundamentals: How do Stocks and Exchange Rates Compare?Robert P. Flood and Andrew K. Rose7. Trade Policy, Exchange Rate Adjustment and UnemploymentYoshiyasu Ono8. Trade and Wage Inequality in a World of Incomplete DiversificationChristis G. TombazosPART IV: GLOBALIZATION, IMMIGRATION AND LABOR MARKET ISSUES9. Globalization and Labor Markets: Developments in the Asia-PacificIan Harper10. Aging and Migration in JapanJunichi Goto11. Labor Market Transitions for Female Workers in Japan: The Role of Global CompetitionTomoko Kishi and Noel Gaston12. The Effects of Overseas Operations on Home Employment of Japanese Multinational EnterprisesNobuaki Yamashita and Kyoji FukaoIndex

‘Noel Gaston and Ahmed M. Khalid’s volume offers fascinating insights on the development, causes, and consequences of globalization in the Asia-Pacific. The outstanding collection of chapters combines theory with rigorous econometrics, making the book a must-read for every student of globalization. At a time where the global crisis gave new arguments to the critics of globalization, the questions raised in this book, and the answers given, are essential reading for academics and politicians alike.’