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Globalisation and its Economic Consequences最新文献

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Processing trade, trade liberalisation, and opening up: China's miracle of international trade 加工贸易、贸易自由化、对外开放:中国的国际贸易奇迹
Globalisation and its Economic Consequences Pub Date : 2021-08-30 DOI: 10.4324/9781003138501-3
Y. Miaojie, Zhu Huihuang
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引用次数: 5
The economic impact of globalisation in Indonesia 全球化对印尼的经济影响
Globalisation and its Economic Consequences Pub Date : 2021-08-30 DOI: 10.4324/9781003138501-4
Kiki Verico, M. Pangestu
{"title":"The economic impact of globalisation in Indonesia","authors":"Kiki Verico, M. Pangestu","doi":"10.4324/9781003138501-4","DOIUrl":"https://doi.org/10.4324/9781003138501-4","url":null,"abstract":"Abstract: This paper analyses the economic impact of globalisation in Indonesia from the end of the 1960s to date. The analysis found that globalisation generated a positive impact on Indonesia’s economic growth through the trade and investment channel; reduced wage inequality and child labour participation; and increased labour absorption, including women's participation in the labour market. Through the trade channel, globalisation also contributed to Indonesia’s productivity and structural economic transformation, benefited small and medium-sized enterprises (SMEs), contributed to poverty alleviation and reduced inequality, and increased trade in services such as tourism. Through the investment channel, there is evidence of the spillover effect of technology transfer, technology progress, improvement of the role of SMEs, and contribution to poverty alleviation. The waves of open and more restrictive trade and investment policies, which Indonesia has gone through in the last few decades, reflect the political economy reality – that is, the impact of globalisation is dynamic and only felt in the medium term, whereas the cost and potential negative impact is often felt more immediately throughout trade creation. The trade creation increases imports from countries with which free trade agreements have been negotiated, thus decreasing the domestic producer surplus. Since globalisation will create net benefits in the long run, Indonesia should continue its process of globalisation and integration with the world economy to ensure the net benefits and to move forward in its structural transformation, while managing the costs of globalisation and its transition process.","PeriodicalId":283519,"journal":{"name":"Globalisation and its Economic Consequences","volume":"33 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122989628","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 6
Introduction and overview 简介及概述
Globalisation and its Economic Consequences Pub Date : 2021-08-30 DOI: 10.4324/9781003138501-1
S. Urata, H. Doan
{"title":"Introduction and overview","authors":"S. Urata, H. Doan","doi":"10.4324/9781003138501-1","DOIUrl":"https://doi.org/10.4324/9781003138501-1","url":null,"abstract":"","PeriodicalId":283519,"journal":{"name":"Globalisation and its Economic Consequences","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116641162","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Globalisation and economic development: Malaysia's experience 全球化与经济发展:马来西亚的经验
Globalisation and its Economic Consequences Pub Date : 2021-08-30 DOI: 10.4324/9781003138501-6
Cassey Lee
{"title":"Globalisation and economic development: Malaysia's experience","authors":"Cassey Lee","doi":"10.4324/9781003138501-6","DOIUrl":"https://doi.org/10.4324/9781003138501-6","url":null,"abstract":"The economic development of Malaysia has been strongly driven and shaped by globalisation, from the pre-colonial to the post-independence period. The country has harnessed trade, foreign capital, and foreign labour to grow and has transformed its economy from one that was highly dependent on primary commodities (tin and rubber) into one driven by manufactured exports. The impact of globalisation on the Malaysian economy has changed through the various phases of its development experience. The early phases of the country’s engagement with globalisation reduced poverty and inequality. In later stages, excessive dependence on low-skilled foreign labour, although beneficial initially, may have compromised the competitiveness of the economy. Malaysia’s multiethnic society has also posed considerable challenges in the balancing of domestic needs and benefits with greater engagement with globalisation. The openness of the Malaysian economy has also made it vulnerable to global economic shocks.","PeriodicalId":283519,"journal":{"name":"Globalisation and its Economic Consequences","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129405010","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 8
Economic consequences of globalisation: the Australian framework for reforms 全球化的经济后果:澳大利亚的改革框架
Globalisation and its Economic Consequences Pub Date : 2021-08-30 DOI: 10.4324/9781003138501-2
C. Findlay, K. Mavromaras, Zhang Wei
{"title":"Economic consequences of globalisation: the Australian framework for reforms","authors":"C. Findlay, K. Mavromaras, Zhang Wei","doi":"10.4324/9781003138501-2","DOIUrl":"https://doi.org/10.4324/9781003138501-2","url":null,"abstract":"Australia has experienced significant reforms to policy affecting trade in goods and services, investment, and people. The contributions of these reforms to growth have been significant. However, the scope remains for significant further reform. The drivers of reforms since World War II are reviewed in this chapter. The consequences of globalisation in Australia and the slowdown in the pace of reform and its consequences, for productivity growth in particular, are also discussed. The Australian experience provides valuable insights for other economies, in relation to the scope and timing of reform and the role of supporting institutions.","PeriodicalId":283519,"journal":{"name":"Globalisation and its Economic Consequences","volume":"20 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123121066","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 7
Economic consequences of trade and investment liberalisation: the case of Vietnam 贸易和投资自由化的经济后果:以越南为例
Globalisation and its Economic Consequences Pub Date : 2019-11-30 DOI: 10.4324/9781003138501-9
Thanh Tri Vo, D. A. Nguyen, T. Do
{"title":"Economic consequences of trade and investment liberalisation: the case of Vietnam","authors":"Thanh Tri Vo, D. A. Nguyen, T. Do","doi":"10.4324/9781003138501-9","DOIUrl":"https://doi.org/10.4324/9781003138501-9","url":null,"abstract":"Since Doi Moi (Renovation) in 1986, economic integration has been an important pillar of Viet Nam’s reforms. Economic integration has gradually deepened, and even World Trade Organization accession in 2007 marked no end to Viet Nam’s economic integration process. Impact assessments of trade and investment liberalisation indicate that deepened economic integration has broadened economic opportunities, raising GDP growth, trade and foreign investment, and incomes. However, liberalisation requires Viet Nam to rethink and reinvigorate its approach to economic integration. This paper recommends ways to more effectively pursue economic integration in the new context.","PeriodicalId":283519,"journal":{"name":"Globalisation and its Economic Consequences","volume":"23 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116375449","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 4
The impact of economic globalisation on firm performance and the labour market: evidence from Japan 经济全球化对企业绩效和劳动力市场的影响:来自日本的证据
Globalisation and its Economic Consequences Pub Date : 1900-01-01 DOI: 10.4324/9781003138501-5
Keiko Ito
{"title":"The impact of economic globalisation on firm performance and the labour market: evidence from Japan","authors":"Keiko Ito","doi":"10.4324/9781003138501-5","DOIUrl":"https://doi.org/10.4324/9781003138501-5","url":null,"abstract":"This paper summarises the major findings and arguments in the literature on the impact of globalisation on firm performance and the labour market, focusing on the case of Japan. Internationalised firms show better performance. Although offshoring has shifted labour demand towards skilled workers, the direct contribution of globalisation to the widening wage gap is quite limited. The empirical evidence for Japan is more or less consistent with that for other developed countries, but some observations on Japan are worth pointing out. First, several empirical studies confirm a learning-by-exporting effect. Second, there is no strong evidence that increases in imports from China have reduced domestic employment. Increases in imports from China have a positive effect on value added growth in downstream industries, implying that imports from China are likely to be complementary to domestic production in Japan.","PeriodicalId":283519,"journal":{"name":"Globalisation and its Economic Consequences","volume":"48 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124785050","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 7
The economic consequences of globalisation in the United States 全球化对美国经济的影响
Globalisation and its Economic Consequences Pub Date : 1900-01-01 DOI: 10.4324/9781003138501-8
P. Petri, Meenal Banga
{"title":"The economic consequences of globalisation in the United States","authors":"P. Petri, Meenal Banga","doi":"10.4324/9781003138501-8","DOIUrl":"https://doi.org/10.4324/9781003138501-8","url":null,"abstract":"The unprecedented rise in global interdependence since World War II, especially since the 1970s, has been very productive. World gross domestic product (GDP) growth increased from around 2% per year in the 1970s to 4% per year before the global financial crisis. Globalisation helped to lift a billion people from extreme poverty and improved the lives of billions more. The United States also gained an estimated 11%–19% of its annual GDP. Yet many Americans are concerned about the fairness of these gains. We review evidence of increasing wage inequality and stubborn unemployment effects, even though, on balance, technological change has had a much greater impact on these outcomes than globalisation. Barriers against globalisation do not offer solutions to inequality – they reduce the size of the economic pie without necessarily improving its distribution. Policies should focus on redistributing gains from growth, increasing the productivity of all workers, and helping affected communities adapt socially and economically to rapid change.","PeriodicalId":283519,"journal":{"name":"Globalisation and its Economic Consequences","volume":"327 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133607926","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 3
Economic consequences of globalisation: case study of Thailand 全球化的经济后果:泰国个案研究
Globalisation and its Economic Consequences Pub Date : 1900-01-01 DOI: 10.4324/9781003138501-7
Archanun Kohpaiboon, Juthathip Jongwanich
{"title":"Economic consequences of globalisation: case study of Thailand","authors":"Archanun Kohpaiboon, Juthathip Jongwanich","doi":"10.4324/9781003138501-7","DOIUrl":"https://doi.org/10.4324/9781003138501-7","url":null,"abstract":"The paper reviews empirical works examining the effect of globalisation in Thailand, beginning with a discussion of its integration into the economy. Three drivers of economic globalisation are emphasised: international trade, foreign direct investment, and cross-border labour mobility. The findings point to globalisation’s potential to create a favourable economic impact. Opening up to international trade could promote productivity and drive economic growth. Large foreign direct investment inflows enticed by export-oriented industrialisation are likely to generate horizontal technological spillovers within a given industry; vertical spillovers through the linkages were not a robust result. There is no evidence that employing foreign workers retards firm productivity; rather, the opposite is the case. Wellperforming firms are in a position to attract foreign workers and maintain production capacity. Global production sharing (GPS) does not necessarily mean the participating countries are trapped at the low end of the quality ladder. The Thai experience supports the case for further globalising its economy. Any possible side effects of globalisation can be mitigated by other policies such as strengthening the social safety net.","PeriodicalId":283519,"journal":{"name":"Globalisation and its Economic Consequences","volume":"72 1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128013340","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
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