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Asia and China in the Global Economy
"This edited volume presents a collection of papers prepared by 33 researchers from esteemed academic institutions, think tanks, central banks and international organizations across Asia, Europe and the US. This diverse group of authors includes a broad spectrum of academic and policy researchers and offers readers a balanced presentation of academic, policy-oriented, and market perspectives on the Asian economies in general and China in particular."--Page [xxii].
Getting Globalization Right
This book presents stimulating new perspectives on three key sets of issues: a fair globalization, the policies that might be adopted in response to protectionist pressures, and sustainable development policies involving G7 and G20 actions to lay the foundations for renewed trust. The individual topics addressed within this framework are wide ranging. Examples include globalization and national inequality, globalization and policies for inclusive growth in developing countries, the sources of controversies regarding trade agreements and their effects, the impact of new U.S. commercial policies on the world trading system, real convergence in the Euro area, and the causes of Brexit. The book comprises a selection of contributions presented at the XXIXth Villa Mondragone International Economic Seminar. In offering contrasting points of view on topics of high current interest, it will appeal to academics, policymakers, and economic experts at institutions.
I Only Know Who I Am When I Am Somebody Else
The actor reminisces about his Hollywood years, tracing his brushes with the law, military service, long-time marriage, and contributions to such films as "Do the Right Thing," "The Godfather, Part II," and "Moonstruck."
Japan
This Selected Issues paper discusses the findings of the IMF staff research focusing on labor market dynamics, economic growth, the financial sector, private investment, and monetary policy in Japan. Japan’s labor market has fared relatively well considering the occasional substantial output losses, with unemployment remaining low. Although Japan’s employment responsiveness to the cyclical position has been relatively low, it has been rising over time reflecting the higher share of the nonregular workforce. The lower employment response to output compared with other countries during the Great Recession reflects the quick implementation of an employment subsidy program, a more flexible wage system, and strong employment protection.
The Tea Party, Occupy Wall Street, and the Great Recession
This book analyzes the Tea Party and Occupy Wall Street as symptoms of the structural crisis of US capitalism and its class structure. It shows that the protests have to be understood as rooted in the petty bourgeoisie’s lived experience of crisis, which also plays a crucial role in current political developments like the successful presidential campaign of Donald Trump. The book explains the Great Recession as an acute phase of the structural crisis of the finance-dominated accumulation regime, identifies the social classes from which the core-participants of the respective protests recruited themselves and the socioeconomic developments to which they were exposed in the years leading up to the protests, and interprets interviews and group discussions conducted with activists to reconstruct the habitus that structured both their experience of the crisis and their resonance with the respective protest practices. It thereby provides an encompassing understanding of the social logics not only of these social movements, but of the current political conjuncture in the US.
A Macroeconometric Model for Saudi Arabia
This Open Access Brief presents the KAPSARC Global Energy Macroeconometric Model (KGEMM). KGEMM is a policy analysis tool for examining the impacts of domestic policy measures and global economic and energy shocks on the Kingdom of Saudi Arabia. The model has eight blocks (real sector, fiscal, monetary, external sector, price, labor and wages, energy, population, and age cohorts) that interact with each other to represent the Kingdom’s macroeconomy and energy linkages. It captures New Keynesian demand-side features anchored to medium-run equilibrium and long-run aggregate supply. It applies a cointegration and equilibrium correction modeling (ECM) methodology to time series data to estimat...
Tobacco Merchant
Maurice Duke and Daniel P. Jordan vividly describe the colorful life and times of one of the South's—and America's—most important businesses and provide insight into how luck, management practices, and personalities helped the company rise to international prominence. Universal Leaf Tobacco Company, the world's largest independent leaf tobacco dealer, is one of the major buying arms for tobacco manufacturers worldwide, selecting, purchasing, processing, and storing leaf tobacco. The story opens during the aftermath of the Civil War when Southerners realized once again the worldwide potential of their native crop. The authors follow the company from its incorporation 1918 through one of the first hostile takeover attempts in American business, to its evolution in 1993 into Universal Corporation, a worldwide conglomerate with a number of products including tobacco. Based on scholarly research and over two hundred interviews with past and present Universal employees, this objective saga reveals much about American business and economic history.
