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This edited book is devoted to an analysis of how the multiple modernities approach might help strengthen the strategic autonomy of the European Union and foster cooperative EU–China relations at a time when some observers believe that a new global cold war may be on the horizon. An international, interdisciplinary team of eminent scholars analyzes both the forces causing dangerous tensions to escalate and those that might stabilize the situation. Whether from China or Europe, the authors largely converge in their diagnoses. To serve its own vital interests, the EU can and must play the role of a politically independent actor, a mediator committed to the preservation of a fair and peaceful...
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Bridges the gap between applied and theoretical general equilibrium models.
This book analyzes the state of global governance in the current geopolitical environment. It evaluates the main challenges and discusses potential opportunities for compromise in international cooperation. The book’s analysis is based on the universal criteria of global political stability and the UN framework of sustainable development. By examining various global problems, including global economic inequality, legal and political aspects of access to resources, international trade, and climate change, as well as the attendant global economic and political confrontations between key global actors, the book identifies a growing crisis and the pressing need to transform the current system ...
This new book, with contributions from leading academics, policy-makers and practitioners goes beyond critical analysis and offers useful advice with regard to actually bringing financial crises to an end.
This paper determines the impacts of the Free Trade Agreement of the Americas (FTAA) for Brazil under alternative assumptions concerning the returns to scale and the nature of competition in several industries, emphasizing the effects on the agribusiness activities. The GTAPinGAMS applied general equilibrium model is used to run the simulations. The results suggest different changes in output, imports, exports, and prices under alternative assumptions about market structure. The FTAA allows the exploitation of economies of scale and reduction of markups in almost all industries, with evidences of rationalizing and pro-competitive effects occurring in the industries under imperfect competition. The welfare gains from the FTAA are larger in the model with market imperfections. If the FTAA excludes products from the agribusiness sectors, the Brazilian agricultural industries will exploit less the economies of scale.
One of the most enduring questions in economics involves how a nation could accelerate the pace of its economic development. One of the most enduring answers to this question is to promote exports -either because doing so directly influences development via encouraging production of goods for export, or because export promotion permits accumulation of foreign exchange which permits importation of high-quality goods and services, which can in turn be used to expand the nation's production possibilities. In either case, growth is said to be export-led; the latter case is the so-called "two-gap" hypothesis (McKinnon, 1964; Findlay, 1973). The early work on export-led growth consisted of static ...
This student-friendly textbook offers a comprehensive introduction to globalization studies and the European Union within a multipolar world. It provides its readers with critical analysis of the key concepts of multilateral global and regional governance and Europe’s role in the world; and this in an accessible and intelligible fashion. This volume collects contributions by eminent scholars from world class universities from five different continents. As such, this unique exercise in transnational multi-disciplinary cooperation, provides extensive coverage of the main issues pertaining to multilateral cooperation - notably its history, troubles, legitimacy challenges and efficiency questi...
The Cold War in Latin America spawned numerous authoritarian and military regimes in response to the ostensible threat of communism in the Western Hemisphere, and with that, a rigid national security doctrine was exported to Latin America by the United States. Between 1964 and 1985, Argentina, Chile, Mexico, Brazil, Paraguay, and Uraguay experienced a period of state-sponsored terrorism commonly referred to as the "dirty wars." Thousands of leftists, students, intellectuals, workers, peasants, labor leaders, and innocent civilians were harassed, arrested, tortured, raped, murdered, or 'disappeared.' Many studies have been done about this phenomenon in the other areas of Latin America, but st...