Political Economy in a Globalized World

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  • Format: Paperback
  • Copyright: 2009-02-17
  • Publisher: World Scientific Pub Co Inc
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The recent global financial crisis illustrates how fragile economic globalization is and how vulnerable all global citizens are to economic events outside their own country. Indeed, global economics is more important for national economic growth than domestic policies. Globalization and change interact and shape the economic environment for citizens and enterprises. These essays represent observations made over a ten-year period which attempt to analyze what is happening, why it happened and the impact on global and national economic growth.

Table of Contents

Forewordp. xi
Prefacep. xv
Acknowledgmentsp. xix
Future Global Trendsp. 1
The Return of Malthus: Scarcity and International Orderp. 5
The Importance of Global Institutions in Mediating between the West and Asiap. 20
Fight Terror from Moral High Groundp. 31
Wanted: A New Strategy for Globalizationp. 39
Towards Globalism: Social Causes and Social Consequencesp. 51
The Growing Challenge to Internationalismp. 76
The Remodelling of Armed Forces: A Danish Perspectivep. 84
The Future of Europe: Economic Internationalization, Cultural Decentralization, Soft Security Policyp. 94
Economic Globalizationp. 107
Asia Looks Forward: The Decline of the US Dollarp. 110
Obama's Real Dilemma: To Kill Globalization or Not?p. 113
WTO Negotiations Crash: What Now?p. 117
Institutional Collapse? The End of Globalizationp. 121
Is the Sun Setting on US Dominance? Expect Asia to Replace the US as the World's Dominant Economic Forcep. 126
Asia to Follow Serfin' USA?p. 130
Post-Bali and Post-Kyoto: Who Shall Pay for Climate Change?p. 135
Gale Warning, Global Burden Sharingp. 140
The Prophet Muhammad Cartoon Episode and Implications for Europe-Muslim Relations: A Danish Perspectivep. 144
A Nationalist United States of Americap. 165
Asia and Europe Must Step Up to Batp. 175
The New New Media, Incp. 179
New Economics Favour China and Indiap. 183
A Vacuum in Strategic Thinkingp. 186
A New International Systemp. 189
The Coming World Governancep. 196
Economic Integrationp. 205
How the EU Saved the Worldp. 207
The Resilience of the European Unionp. 210
ASEAN's Relations with the European Union: Obstacles and Opportunitiesp. 213
Asia Has a Model in the Europ. 234
Integration - Yes or No?p. 240
ASEAN Charter: A Significant Step in the Right Directionp. 243
EU's Lessons for East Asian Integrationp. 247
Happy 50th, EUp. 250
Towards an ASEAN Charter: Lessons from the European Unionp. 254
Asean Can Become More Like the EUp. 259
Template for Sino-Japan Peacep. 263
Toward a United Europep. 267
Global Financingp. 281
Hazardous Path Out of Crisisp. 284
How to Save the Financial Worldp. 290
Protectionism Goes Into Reversep. 295
Inflation Woes: Is the Global Economy in Need of Retooling?p. 299
Slide in the US Dollar: What It Means for Asiap. 303
Another Looming Crisis: A Whistle-blower in Centro?p. 308
Recovering from the Sub-Prime Debacle: The Coming Crisisp. 312
Markets in Disarray? Don't Sweat Over the Fever, Cure the Diseasep. 316
Heed the Warningp. 320
Tackling the Asymmetry in Financial Marketsp. 321
Unconventional Wisdom on Exchange Ratesp. 325
Warning: Financial Chaos Aheadp. 329
The Holy Grail of Central Bankingp. 333
Leave the Yuan Alonep. 337
Growth in Asia Propels US Stocksp. 340
Asia in the Worldp. 343
Asia: The New Global Economic Powerhousep. 346
Securing Peace in Asia for the Next 25 Yearsp. 369
Dutch Way, Muslim Wayp. 379
Chance for Asia to Seize the Dayp. 382
China's Modelp. 387
Energy and the Environmentp. 390
The New Capitalism: Lessons for Asia?p. 394
Whispers in the Windp. 398
Asian Currencies and Globalizationp. 402
The US Facing Asian Integration: A Policy Dilemmap. 406
Globalisation Debate Threatens Asiap. 422
Unified Asian Voice Will Sound Louder on World Stagep. 426
China and India: Rise of the New Global Powerhousesp. 428
Threats to Asia's Stability - and a Potential Solutionp. 432
Foreword to Asia and Europep. 437
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