R Saphir O N Global Trade example essay topic
395 words
GLOBALIZATION AND TRANSNATIONAL CORPORATIONS Economic integration as a hallmark of globalization\n FDI increase\n Increase of international currency transactions\n Growth of marginal courtiers Global blessing or contagious disease? \n Asian crisis Capitalism not yet fully globalized? \n Core of the economy - 30 countries: Asian Pacific, Western Europe, North America\n Geopolitical changes: Soviet Union demise\n Unequal development of technology Global labor, multinational companies and human right\n Humanitarian concerns in Asia\n Authoritarian governments' pacifying policy' Globaphobia '; \n US and Western European wages and jobsWAWASAN 2020 by William Greiner\n Corporations' thirst to reduce costs \n Political transactions of poor countries against the principles of free market \n Special favors in commerce: state subsidies, exemption form taxation, government suppression of workers, no import duties. \n Primitive cultures and modernity\n Multinational corporations and the problem of insecurity\n Global jobs auction THE JOYS OF GLOBAL INVESTMENT by T.C. Fishman\n The movement of American money into stocks across borders (increase by 600% to $1.5 trillion in 1994) \n Investing in international stocks directly, through mutual funds or pension accounts. \n Two new products: global funds, and international funds\n The assets of those funds (growth from $5.2 billion to $264 billion in 1996) \n Stocks and international investors in former Eastern bloc, Asia, Africa\n Collective greed and collective fear\n US and Western European economic growth vs. the rest of the world\n China 2020\n Labor and environmental problems of the corporations DOES GLOBALIZATION LOWER WAGES AND EXPORT JOBS? By M. Slaughter and P. Swage l\n Global integration: expansion of product market integration not continuous, movement toward trade liberalization\n Labor market developments: shift in demand from the less skilled toward the more skilled, income inequality\n Decentralized labor markets (US and UK) and lower relative wages\n Centralized labor markets (France, Germany, Italy) and lower employment\n Effect of import prices on wages: import competition lowering the price of the product and change in profit opportunities shifting resources towards industries in which profitability has risen\n Effect of import volumes on wages\n Modest effect of international trade on wages and income inequality: more advanced economies not more open to trade, tariff replaced by non-tariff barriers, upgrading product mixGLOBAPHOBIA: CONFRONTING FEARS ABOUT OPEN TRADE by G. Burt less, R. Lawrence, R. Lit an, R. Saphir o\n Global trade, employment, and current account deficit\n Trade and manufacturing jobs\n Services more important\n Productivity and demand\n Globaphobia in the political marketplace.
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