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New Challenges Facing the Global Economy. 2nd edition

New Challenges Facing the Global Economy. 2nd edition

Miron Wolnicki, Ryszard Piasecki

E-book

This publication was written for a Global Political Economy course taught in business schools offering undergraduate or graduate levels of education. The textbook focuses on select countries and regions which, in our opinion, will be the most important consumer and export markets in the next two decades.

Introduction     7

 

Chapter 1. The evolution of development, economics and globalization       9

    1. The birth of “development economics” as a discipline   9
    2. The crisis of “development economics” in the 1980s      11
    3. The rise and decline of neo-liberals    13
    4. The limits of the “Washington consensus”       14
    5. Globalization and economic development       16
    6. Critique of globalization theories        18
    7. The “misery” of a traditional development economics and the opportunities for a modern development economics             19
    8. Conclusions             21

 

Chapter 2. Review of international economics       23

    1. The balance of payments      23
    2. The future of the US current account deficit     29
    3. Exchange rates         36
    4. Trading systems and global governance institutions      43
    5. Review of concepts and formulas       52

 

Chapter 3. Asia overview             57

    1. The People’s Republic of China           57
    2. India           72
    3. Japan          80
    4. South Korea             86
    5. Singapore   91

 

Chapter 4. The European Union and the Middle East           95

    1. The European Union             95
    2. Russia         108
    3. The Middle East overview      120
      1. Saudi Arabia   125
      2. Turkey             128
      3. Syria  130
      4. Iraq   131
      5. Egypt 132
      6. Iran   133

 

Chapter 5. Latin America overview            135

    1. Mexico        140
    2. Brazil          141
    3. Venezuela  142
    4. Argentina   144

 

Chapter 6. Africa overview           145

    1. Rwanda      147
    2. Nigeria        148
    3. Kenya          149

 

Chapter 7. Ideas wrap-up. Four practical mega lessons        151

    1. Lesson one: always look on the bright side of life           152
    2. Lesson two: don’t base your worldview on media stories but factful trends      153
    3. Lesson three: we are in the age of miracles      154
    4. Lesson four: trust and empower optimists not declinists             155

 

Chapter 8. Multinational Corporations behavior in times of emergency         157

 

Chapter 9. Post Pandemia COVID-19 World            165

 

Chapter 10. Dealing with new dilemmas in the world economy        171

 

References        181

  • Titel: New Challenges Facing the Global Economy. 2nd edition
  • Autor: Miron Wolnicki, Ryszard Piasecki
  • ISBN: 978-83-8331-585-0, 9788383315850
  • Veröffentlichungsdatum: 2024-10-30
  • Format: E-book
  • Artikelkennung: e_44iw
  • Verleger: Wydawnictwo Uniwersytetu Łódzkiego