The World Economy

by Siebert; Horst

• ISBN13: 9780415271844
• ISBN10: 0415271843
• Edition: 2nd
• Format: Nonspecific Binding
• Copyright: 2002-10-18
• Publisher: Routledge

Summary

As globalization continues, lines of communications are shortening and the boundaries between nations are becoming increasingly blurred. A global perspective is adopted on an increasing range of issues and this is particularly true of economics - no single nation can truly exist in isolation. The second edition of Horst Siebert'sThe World Economytreats the world as a single entity, considering issues of a global economy, rather than approaching international economics from the viewpoint of any one country. The key issues that have a affected the world trade system since the turn of the millennium are the concentration of this volume.

Author Biography

Horst Siebert is President of the Kiel Institute of World Economics, Germany.

Table of Contents

List of figures	vi
List of tables	x
Preface	xii
The global view	1	(20)
Part I The World Goods and Factor Markets and Economic Growth	21	(72)
The world product markets	23	(28)
The factor markets in the world economy	51	(18)
Growth processes in the world economy	69	(24)
Part II Monetary and Financial Markets	93	(68)
Global money and currency markets	95	(16)
Financial crises	111	(12)
Currency crises	123	(16)
How to prevent a monetary-financial crisis	139	(22)
Part III Regional Dimensions of the World Economy	161	(72)
Developing countries	163	(18)
The transformation countries	181	(18)
Regional integration in the world economy	199	(10)
The European Union	209	(24)
Part IV National Economic Policy versus a World Economic Order	233	(68)
National protectionism versus worldwide free trade	235	(18)
Locational competition	253	(14)
Using the national and global environment	267	(6)
An institutional order for the world economy	273	(28)
References	301	(8)
Index	309