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Towards Global Sustainability
This study develops a new indicator for national and global sustainability. The main components of the EIIW-vita indicator are: the share of renewable energy, the genuine savings rate and the relative "green export" position of the respective countries; it is in line with OECD requirements on composite indicators. As green exports are related to technological progress and environmental-friendly products, there is also a Schumpeterian perspective of this indicator. An extended version furthermore looks at water productivity. The analysis highlights the BRIICS countries as well as the US, Germany, France, Spain, Italy, the UK and Japan. Moreover the special challenges and dynamics of ASEAN cou...
Social Security and Economic Globalization
Economic globalization is a complex phenomenon where the links between social security expenditures and globalization are not well understood so far. This study summarizes new key findings and highlights new theoretical insights in the field of social security systems, labor standards, taxation and economic globalization. Moreover, new thoughts on the links between social security systems and migration as well as between free trade areas and social market economy development are presented. The book analyzes the role of a changing age dependency using a Branson model and it derives implications for the stock market price index, the exchange rate and the interest rate. Economic globalization needs to be politically managed and through the Transatlantic Banking Crisis and the Euro Crisis the need to more carefully draw the rules of the game for financial globalization has been highlighted. Unstable financial markets have a large potential to undermine social market economies and social security systems. The rising income inequalities within countries raise more policy challenges for Europe than for the US.
Macro Innovation Dynamics and the Golden Age
This book takes a new look at the golden age in neoclassical growth theory and explores in detail sustainability and optimum growth in China, the US and Europe. Innovation, foreign direct investment, trade and growth dynamics are key elements in modern economies – including perspectives on green growth and aspects of the knowledge production function in the context of multinational companies. As such the book considers the role of foreign direct investment in a modified growth model and discusses innovation in an enhanced Mundell-Fleming macro model. Moreover, for the first time it directly links a knowledge production function to the macro production function in a broader context, including real money balances in the production function. It shows – also with empirical relevance – that FDI inward stocks relative to the GDP of host countries, the number of researchers and per capita income are relevant drivers of new knowledge and the stock of knowledge, respectively. This new Schumpeterian theoretical approach lends itself to important policy conclusions for both OECD members and newly industrialized countries.
Bukan Akhwat Biasa
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EU-Integration – TTIP – Wirtschaftsperspektiven
Die EU-Integration ist nach der Banken- und Eurokrise in eine Phase schwachen Wachstums eingetreten, bei deren Überwindung auch Impulse aus einem transatlantischen Handelsabkommen TTIP helfen könnten. Bislang wurde vor allem eine emotionale Debatte darüber geführt. Die vorliegenden Beiträge des Tagungsbandes tragen mit ihrer fakten-, theorie- und empiriebasierten Darstellung zu einer Versachlichung der Diskussionen bei und könnten zudem zahlreiche neue Einsichten zu den TTIP-Kernfragen und den globalen Wirtschaftsperspektiven bieten. Auch bei einer Trump-Politik bleibt TTIP wichtig.
Klimaschutzpolitik - Das Ende der Komfortzone
Dieses Buch zeigt schlüssig auf, was in Europa, Asien und Nordamerika sowie anderen Regionen nötig ist, um das Ziel einer klimaneutralen Weltwirtschaft bis 2050 zu erreichen: vernetzte breitere Emissions-Handelssysteme aller G20-Länder, begrenzte Gratiszertifikate, ein Verständnis für die Nebenwirkungen – inklusive Verteilungseffekte – von globaler Klimaschutzpolitik und natürlich auch das praktische Engagement des Einzelnen. Das Klimaproblem wird aus Sicht von Experten und vor allem auch aus der Perspektive junger Menschen zunehmend zu einem existenziellen Problem, das weltweit für Unruhe sorgt. Bis 2019 durchgeführte Reformen in Europa, Japan, Korea, China und den USA sind unzu...
Determinants and Economic Consequences of Youth Unemployment at the Beginning of the 21st Century
In a number of European economies youth unemployment has increased again to unexpected and unwanted levels. It has become one of the pressing labor market problems that many countries are currently facing. This special issue involves a collection of current research and new findings. The contributions improve our understanding of the determinants and economic consequences of youth unemployment and implications for policies to combat it
Regional Development in Indonesia
This is the 13th book published by the Indonesian Regional Science Association (IRSA). Publication of books containing selected papers authored by its members has been one of IRSA main activities since its first annual meeting in 1998. I would like to appreciate the efforts of the editorial team for preparing the publication ofthis book. The team selected papers written by IRSA members. Most of those articles were selected from the papers presented at the 12th IRSA International Conference on “Political Economy of Regional Development in Indonesia”. This conference was held on 2-3 June 2014 in Makassar, South Sulawesi, and was organised in collaboration with the Faculty of Economics, Has...
