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Examines whether NAFTA will produce increased or decreased wages in the regional trading blocs emerging in Europe, North America, and East Asia as a result of its uniting of high and low wage areas and identifies the winners and losers in various labor markets.
Few economists have been as prolific and wide-ranging as Takashi Negishi. Part of the "Hicksian" generation of Neo-Walrasian general equilibrium theorists, Negishi rose to prominence during the early 1960s with his work on the Neo-Walrasian system. Negishi's signature has been his attempt to extend the multi-market Neo-Walrasian system in several directions to incorporate concerns such as imperfect comptetition, stability, money, trade and unemployment - and, as a consequence, helping to discover and delineate the limits of conventional theory. This collection in honour of Takashi Negishi analyses his contributions to the history of economic theory. Economists paying tribute within this volume include Neri Salvadori, Laurence Moss, and Joaquim Silvestre.
This book discusses China's integration into the world economy, drawing on papers previously written by the editor. It focuses on strong trade growth, FDI inflows, innovation policy (including transfer of technology and intellectual property), the role of saving, and the accumulation of human capital. It also analyzes the quantitative significance of openness in driving China's growth.While other books on China do not focus much on China's integration into the world economy, this book provides technically strong analyses of key contributing factors to China's growth performance. It also highlights innovation and education policies and their significance for the 11th five-year plan which aims to quadruple real income per capita between 2000 and 2020.