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This annual series provides comprehensive analysis on current and emerging issues of international trade and macroeconomics. Contents: GLOBALIZATION AND INEQUALITY Competing Concepts of Inequality in the Globalization Debate Martin Ravallion (World Bank) Channels from Globalization to Inequality: Productivity World versus Factor World William Easterly (New York University) Health in an Age of Globalization Angus Deaton (Princeton University) BROADER INDICATORS OF WELL-BEING Assessing the Impact of Globalization on Poverty and Inequality: A New Lens on an Old Puzzle Carol Graham (Brookings Institution) Poverty and the Organization of Political Violence: A Review and Some Conjectures Nicholas Sambanis (Yale University) IMPACT OF GLOBALIZATION Trade, Inequality, and Poverty: What Do We Know? Pinelopi Goldberg (Yale University) and Nina Pavcnik (Dartmouth College) The Impact of Globalization on the Poor Pranab Bardhan (University of California, Berkeley) LOOKING FORWARD Why Global Inequality Matters Nancy Birdsall (Center for Global Development) Some Speculation on Growth and Poverty over the Twenty-First Century Kenneth Rogoff (Harvard University)
Tentative contents include: •Offshoring: Threats and Opportunities Daniel Trefler (University of Toronto) •Modeling the Offshoring of White-Collar Services: From Comparative Advantage to the New Theories of Trade and FDI James Markusen (University of Colorado) •Globalization and the Outsourcing of Services: The Impact of Indian Offshoring Rafiq Dossani (Stanford University) •Offshoring in the Semiconductor Industry: A Historical Perspective Clair Brown and Greg Linden (University of California, Berkeley) •A Fairer Deal For America's Workers in a New Era of Offshoring Lael Brainard and Robert Litan (Brookings Institution and the Kauffman Foundation)
Contains the papers and discussions from the Forum held on 15-16 May 2003. Focuses on implications of higher foreign competition, as developing countries get increasingly exposed to the global market. Considers the impact on labour standards, such as issues of minimum wage laws in Indonesia. Discusses the reform of Mozambique's cashew sector, and the persistent problem of sovereign debt crisis.
In the 1990s, few countries were more lionized than Argentina for its efforts to join the club of wealthy nations. Argentina's policies drew enthusiastic applause from the IMF, the World Bank and Wall Street. But the club has a disturbing propensity to turn its back on arrivistes and cast them out. That was what happened in 2001, when Argentina suffered one of the most spectacular crashes in modern history. With it came appalling social and political chaos, a collapse of the peso, and a wrenching downturn that threw millions into poverty and left nearly one-quarter of the workforce unemployed. Paul Blustein, whose book about the IMF, The Chastening, was called "gripping, often frightening" by The Economist and lauded by the Wall Street Journal as "a superbly reported and skillfully woven story," now gets right inside Argentina's rise and fall in a dramatic account based on hundreds of interviews with top policymakers and financial market players as well as reams of internal documents. He shows how the IMF turned a blind eye to the vulnerabilities of its star pupil, and exposes the conduct of global financial market players in Argentina as redolent of the scandals -- like those at Enron, WorldCom and Global Crossing -- that rocked Wall Street in recent years. By going behind the scenes of Argentina's debacle, Blustein shows with unmistakable clarity how sadly elusive the path of hope and progress remains to the great bulk of humanity still mired in poverty and underdevelopment.
Much of the analysis of infrastructure's impact on trade costs focuses on conditions in developed countries. This book makes an invaluable contribution to our understanding by examining the situation in developing Asia, the world's most populous and fastest growing region. This study analyzes and draws policy implications from infrastructure's central role in lowering Asia's trade costs. Infrastructure is shown to be a cost-effective means of lowering trade costs and thereby promoting regional growth and integration. This book combines thematic and country studies, while breaking new ground in.
This book examines the various channels and transmission mechanisms, such as greater openness to trade and foreign investment, economic growth, effects on income distribution, technology transfer and labour migration through which the process of globalization affects different dimensions of poverty in the developing world.
. . . this is a timely and useful collection of regional studies. Ben Shepherd, Asian Pacific Economic Literature Analysis of infrastructure s role in facilitating international trade and consequently regional economic integration is still rudimentary. This original book fills that knowledge gap by exploring relevant concepts, measurement issues, aspects of the implementation of trade-related infrastructure facilities and their impacts on poverty, trade, investment and macroeconomic balances. Continuing the series of books produced in association with the Asian Development Bank Institute, this study explores the virtuous cycle of infrastructure investment, trade expansion and economic growth in developing Asia. Issues relating infrastructure, both hard and soft, to trade facilitation and trade costs are defined and examined, and the role of infrastructure in regional cooperation to enhance intraregional trade is analysed. Empirical estimates of trade costs in Asia suggest there is significant room for infrastructure to lower those costs further. By approaching the infrastructure trade nexus at the regional level through cooperative activities, this study shows it is possible to increase the range of policy options and risk management opportunities. Infrastructure and Trade in Asia will be of interest to trade and infrastructure policymakers, academics at graduate and above levels involved in economic development and Asian studies as well as those in the development community interested in regional cooperation and integration.
"The General Agreement on Trade in Services (GATS) extends the multilateral trading system to services. Little is said In the GATS about subsidies, beyond stipulating that subsidies are subject to the existing provisions, including the most-favoured-nation and national-treatment principles, and that Members shall enter into negotiations with a view to developing the disciplines necessary to avoid the trade distorting effects of subsidies." "This timely book provides a comprehensive analysis of services subsidies under the GATS. It begins with a description of services and trade in services, and of the salient characteristics that make regulation of services subsidies more complex than those associated with agricultural and industrial goods. It then analyzes the economic arguments underpinning the need for regulation, as well as the need for governments to retain sufficient latitude to implement non-trade-related policy measures. A description of the information available on services subsidies is followed by a classification of services subsidies according to their distortive effects, and by a detailed analysis of those elements that may form a definition of services subsidies for the purpose of a future regulatory framework." "A key section is devoted to the analysis of those existing provisions of the GATS that may exert a certain measure of discipline on services subsidies, and to the question of the desirability and technical feasibility of countervailing measures. Rules on services subsidies contained in regional trade agreements and the need for special and differential treatment for services subsidies by developing countries are also discussed. Finally, and prior to the conclusion, two sectoral studies deal with the question of subsidies aimed at attracting foreign direct investment and subsidies to the audiovisual sector." "This work represents the first extensive and comprehensive analysis of the issue of services subsidies in the context of the GATS, and includes numerous references to relevant European Union State Aid legislation and jurisprudence." --Book Jacket.
The African Economic Outlook is the only annual report that monitors in detail the economic performance of 53 individual countries on the continent, using a strictly comparable analytical framework. The focus of the 2013 edition if structural transformation and natural resources in Africa.