Small Countries In The World Economy

Author : D. Salvatore
Publisher : Springer
ISBN 13 : 0230513190
Total Pages : 311 pages
Book Rating : 4.98/5 ( download)

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Download or read book Small Countries in a Global Economy written by D. Salvatore and published by Springer. This book was released on 2001-03-13 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the issues surrounding the prospects of small countries in an integrated, globalized world. The contributors support the thesis that the new global environment does not represent a twilight for small countries, but recognise that the honeymoon has not been as comfortable as others had expected. They demonstrate that by entering the global arena or by consolidating into regional alliances small countries do not 'lose', and may even gain sovereignty in areas previously closed to them.

Author : Dezsö Horváth
Publisher : IRPP
ISBN 13 : 9780886450632
Total Pages : 146 pages
Book Rating : 4.32/5 ( download)

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Download or read book Small Countries in the World Economy written by Dezsö Horváth and published by IRPP. This book was released on 1989 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication provides an outline of the similarities and differences between Sweden and Canada. It also reviews Sweden's economy and industry from an historical perspective, covering the hundred or so years since the country's industrialization in the early 1870s. In addition, it describes the main factors in the crisis of the late 1970s, analyzes events in the Swedish economy up to 1982, and presents alternative interpretations of whether Sweden's crisis reflected disturbances in the world economy or was intensified by policies and developments within Sweden itself. It also looks at industrial policies, and developments in Sweden since 1982.

Author : Peter J. Katzenstein
Publisher : Cornell University Press
ISBN 13 : 1501700367
Total Pages : 269 pages
Book Rating : 4.61/5 ( download)

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Download or read book Small States in World Markets written by Peter J. Katzenstein and published by Cornell University Press. This book was released on 2015-05-01 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: By the early 1980s the average American had a lower standard of living than the average Norwegian or Dane. Standards of living in the Netherlands, Belgium, Sweden, Switzerland, and Austria also rivaled those in the United States. How have seven small democracies achieved economic success and what can they teach America? In Small States in World Markets, Peter Katzenstein examines the successes of these economically vulnerable nations of Western Europe, showing that they have managed to stay economically competitive while at the same time preserving their political institutions. Too dependent on world trade to impose protection, and lacking the resources to transform their domestic industries, they have found a third solution. Their rapid and flexible response to market opportunity stems from what Katzenstein calls "democratic corporatism," a mixture of ideological consensus, centralized politics, and complex bargains among politicians, merest groups, and bureaucrats. Democratic corporatism is the solution these nations have developed in response to the economic crises of the 1930s and 1940s, the liberal international economy established after World War II, and the volatile markets of more recent years. Katzenstein maintains that democratic corporatism is an effective way of coping with a rapidly changing world, a more effective way than the United States and several other large industrial countries have yet managed to discover.

Author : Daniel Lederman
Publisher : World Bank Publications
ISBN 13 : 1464810435
Total Pages : 132 pages
Book Rating : 4.35/5 ( download)

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Download or read book Open and Nimble written by Daniel Lederman and published by World Bank Publications. This book was released on 2017-11-08 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does economic size matter for economic development outcomes? If so are current policies adequately addressing the role of size in the development process? Using working age population as a proxy for country size, Open and Nimble, systematically analyzes what makes small economies unique. Small economies are not necessarily prone to underdevelopment and in fact can achieve very high income levels. Small economies, however, do tend to be highly open to both international trade and foreign direct investment, have highly specialized export structures, and have large government expenditures relative to their Gross Domestic Product. The export structures of small economies are concentrated in a few products or services and in a small number of export destinations. In turn, this export concentration is associated with terms of trade volatility, which combined with high exposure to international trade, implies that small economies tend to face more volatility on average as external volatility permeates national economic life. Yet small economies tend to compensate for their export concentration by being nimble in the sense of being able to change their production and export structure relatively quickly over time. Moreover, limited territory plays a role in shaping how economies are affected by natural disasters, even when the probability of facing such disasters is not necessarily higher among small than among large economies. The combination of large governments with macroeconomic volatility seems to be associated with low national savings rates in small economies. This combination could be a challenge for long-term growth if productivity growth and foreign investment do not compensate for low domestic savings. The book finishes with some thoughts on how policy makers can respond to these issues through coordinated investments and regional integration efforts, as well as fiscal policy reforms aimed at both increasing public savings and conducting countercyclical fiscal policies.

Author : Tamir Agmon
Publisher :
ISBN 13 :
Total Pages : 224 pages
Book Rating : 4.60/5 ( download)

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Download or read book Multinationals from Small Countries written by Tamir Agmon and published by . This book was released on 1979 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Hilton L. Root
Publisher :
ISBN 13 :
Total Pages : 280 pages
Book Rating : 4.29/5 ( download)

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Download or read book Small Countries, Big Lessons written by Hilton L. Root and published by . This book was released on 1996 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work examines the governance of South Korea, Taiwan, Singapore, Hong Kong, Malaysia, Indonesia and the Philippines, showing how they have constructed reliable institutions. Providing useful insights, this work considers how governments become accountable for the outcome of economic policy.

Author : Samuel Humes
Publisher : Atlantic Publishing Company
ISBN 13 : 9781620236727
Total Pages : pages
Book Rating : 4.29/5 ( download)

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Download or read book 41 Micro Countries written by Samuel Humes and published by Atlantic Publishing Company. This book was released on 2020-02 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "The United Nations recognizes the 41 independent countries with less than one million inhabitants (40 were admitted as members; diplomatic missions were accepted with the Vatican). Many scholars and statesmen were initially skeptical of the survival of the small countries established outside mainland Europe in the wave of colonization following World War II. Nevertheless, they have survived the initial decades. But will these countries survive the economic, environmental, and ethnic challenges that will confront them in the next few decades?"--

Author : Deborah Bräutigam
Publisher :
ISBN 13 : 9789524551991
Total Pages : 16 pages
Book Rating : 4.93/5 ( download)

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Download or read book Small States in a Global Economy written by Deborah Bräutigam and published by . This book was released on 2001 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Alberto Alesina
Publisher : MIT Press
ISBN 13 : 9780262261401
Total Pages : 286 pages
Book Rating : 4.05/5 ( download)

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Download or read book The Size of Nations written by Alberto Alesina and published by MIT Press. This book was released on 2005-01-14 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors of this timely and provocative book use the tools of economic analysis to examine the formation and change of political borders. They argue that while these issues have always been at the core of historical analysis, international economists have tended to regard the size of a country as "exogenous," or no more subject to explanation than the location of a mountain range or the course of a river. Alesina and Spolaore consider a country's borders to be subject to the same analysis as any other man-made institution. In The Size of Nations, they argue that the optimal size of a country is determined by a cost-benefit trade-off between the benefits of size and the costs of heterogeneity. In a large country, per capita costs may be low, but the heterogeneous preferences of a large population make it hard to deliver services and formulate policy. Smaller countries may find it easier to respond to citizen preferences in a democratic way. Alesina and Spolaore substantiate their analysis with simple analytical models that show how the patterns of globalization, international conflict, and democratization of the last two hundred years can explain patterns of state formation. Their aim is not only "normative" but also "positive"—that is, not only to compute the optimal size of a state in theory but also to explain the phenomenon of country size in reality. They argue that the complexity of real world conditions does not preclude a systematic analysis, and that such an analysis, synthesizing economics, political science, and history, can help us understand real world events.

Author : Shahid Yusuf
Publisher : World Bank Publications
ISBN 13 : 0821389254
Total Pages : 189 pages
Book Rating : 4.56/5 ( download)

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Download or read book Some Small Countries Do It Better written by Shahid Yusuf and published by World Bank Publications. This book was released on 2012-02-01 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: The experiences of Singapore, Finland, and Ireland show how small resource-poor economies, even if peripherally located, can achieve rapid and sustained growth: through a strategy of building quality human capital that attracts technology-intensive FDI and enables national firms to compete in global markets for high-value products and services.