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Openness and development are key words of central importance in describing the dynamism within the present world economy. Openness denotes the entire process of internationalization and liberalization now underway in the commodity markets, factor markets and financial mar kets. Today there is hardly anational economy or company left which can afIord to ignore international dependencies. In the broadest sense of the word, development encompasses an those dynamic endogenous economic processes which create prosperity and a high standard of living via inno vation and structural change. Modem economic research has shown that both of these fields of economic causalities - which are themselves afIe...
International economic integration is a topic upon which both academics and policy-makers are focusing a great deal of attention. This has perhaps been most marked in western Europe, given the establishing of the inter nal market and the prospects for an economic and monetary union. In parallel with the movement toward widening and deeping of western European economic integration, we find an increased integration of eastern Europe to world trade and finance as well as regional integration in North America and in East Asia. The book on hand provides a collection of recent research by leading scholars and practicians in this field. It is divided into three parts. The first part deals with some...
This book examines the extent to which German foreign policy has changed since unification, and analyzes the fundamental reasons behind this change. The book has three main aims. The essays develop theories of foreign policy to predict and explain Germany's foreign policy behavior. They test competing predictions about German foreign policy behavior since unification in several issue areas. They also assess the much-debated question as to whether post-unification Germany's foreign policy is marked by continuity or change.
Since its formation the European Union has expanded beyond all expectations, and this expansion seems set to continue as more countries seek accession and the scope of EU law expands, touching more and more aspects of its citizens' lives. The EU has never been stronger and yet it now appears to be reaching a crisis point, beset on all sides by conflict and challenges to its legitimacy. Nationalist sentiment is on the rise and the Eurozone crisis has had a deep and lasting impact. EU law, always controversial, continues to perplex, not least because it remains difficult to analyse. What is the EU? An international organization, or a federation? Should its legal concepts be measured against na...
'The heart of Professor Preusse's book deals with the two main integration agreements in the Americas, NAFTA and MERCOSUR, and the incipient FTAA. The handling of these three cases is masterful, replete with description, data, theoretical analysis, and opinion . . . His book is a most worthwhile and stimulating read, certainly for those interested in Western Hemisphere developments.' - From the foreword by Sidney Weintraub This book provides a broad quantitative analysis of the new facets of regionalism in the Americas. In particular, major aspects of the New American Regionalism are discussed in terms of two basic notions: the genuine political character of economic integration schemes, and the profound inter-connectedness of the American regions with the global economy.
This volume presents a critical examination of the EMU from different perspectives. It includes essays on the political economy of currency unions, on the Growth and Stability pact, the European Central Bank, an evaluation of the first four years of the EMU, and the costs and benefits for Sweden as well as for Britain of adopting the euro.
The first book to jointly analyse withdrawal of a member state from the EU (i.e. Brexit) and territorial secession.
Not by Theory alone ... The Economics of Gustav von Schmoller and Its Legacy to America.
This volume is the outgrowth of a conference held at Peking University in May 2002, jointly sponsored by the American Committee on Asian Economic Studies, the Peking University School of Economics, and the China Reform Forum. The contributors include leading scholars from Asia as well as specialists on Asia from the US, Europe, and Australia. The book delves into issues of trade and investment, exchange rates and macroeconomic policy, and preferential trade agreements and other forms of economic cooperation. The overall message is one of regional dynamism animated by concerted efforts to build a favorable institutional environment. China is a great motivating force in this dynamism and a key player in the development of regional agreements.