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971. Emerging Trends in India's Foreign Trade Under the Globalised Regime

Author:
Irfan Ahmad
Publication Date:
05-2005
Content Type:
Working Paper
Institution:
Columbia International Affairs Online
Abstract:
According to IMF, 'Globalisation may be defined as the growing economic interdependence of countries worldwide through increasing volume and variety of cross border transactions in goods and services and of capital inflow and also through the more rapid and wide spread diffusion of technology'. The world economy has been emerging as a global or transnational economy. A global economy is one which transcends the national borders unhindered by artificial restrictions like government restrictions on trade and factor movements. Globalisation is a process of development of the world into a single integrated economic unit. This process is a move towards a borderless regime of free trade based on competition. The globalisation has four parameters, that is, (i) Reduction of trade barriers so as to permit free flow of goods and services across national frontiers. (ii) Creation of an environment in which free flow of capital can take place. (iii) Creation of environment, permitting free flow of technology, and (iv) Creation of an environment in which free movement of labour can take place in different countries of the world.
Topic:
Economics, Globalization, and International Trade and Finance
Political Geography:
Asia

972. Africa and the Challenge of Globalization

Author:
Jeffrey Herbst
Publication Date:
12-2005
Content Type:
Working Paper
Institution:
Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies
Abstract:
This paper provides an overview of Africa's economic performance. Although the continent appeared headed for economic success in the early days of independence, based particularly on natural resource endowments, Africa's economic growth has stagnated while the rest of the world has experienced continuous, often spectacular, growth. The countries in Africa that have had the worst performance are those that contain the majority of the population. These states, in particular, suffer most from a crisis of governance and lack the policy and legal frameworks to grow quickly. The states in Africa can be divided into six categories and each grouping faces a different set of challenges from globalization: 1) high performers ready to globalize; 2) countries on an upward trajectory; 3) large, poorly performing countries; 4) poorly performing countries; 5) countries in collapse; and 6) oil producing countries. Only the states in the first two groupings are currently able to participate in the globalized economy.
Topic:
Development, Economics, and Globalization
Political Geography:
Africa

973. Empire of Liberty: The Historical Underpinnings of the Bush Doctrine

Author:
Thomas Donnelly
Publication Date:
06-2005
Content Type:
Policy Brief
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
In reelecting George W. Bush, Americans voted to continue foreign policies often caricatured at home and abroad as militaristic, expansionist, and unilateralist. The question is why a majority of voters backed Bush in the face of these charges. Does the Bush Doctrine, which urges the transformation of the political order in the greater Middle East and the broader international order in ways that defend and promote human freedom, constitute a radical break in the practice of American statecraft? Or is the Bush administration's approach—and the general public's acceptance of it—better explained by the “strategic culture” of the United States, the precepts of which can be traced through the history of U.S. foreign policy to the founding of the republic?
Topic:
International Relations, Foreign Policy, Diplomacy, and Globalization
Political Geography:
United States, America, and Middle East

974. The Democracy Makers: Human Rights and the Politics of Global Order

Author:
Nicolas Guilhot
Publication Date:
04-2005
Content Type:
Book
Institution:
Columbia University Press
Abstract:
Has the international movement for democracy and human rights gone from being a weapon against power to part of the arsenal of power itself? Nicolas Guilhot explores this question in his penetrating look at how the U.S. government, the World Bank, political scientists, NGOs, think tanks, and various international organizations have appropriated the movement for democracy and human rights to export neoliberal policies throughout the world. His work charts the various symbolic, ideological, and political meanings that have developed around human rights and democracy movements. Guilhot suggests that these shifting meanings reflect the transformation of a progressive, emancipatory movement into an industry dominated by “experts” ensconced in positions of power. Guilhot’s story begins in the 1950s when U.S. foreign policy experts promoted human rights and democracy as part of a “democratic international” to fight the spread of communism. Later, the unlikely convergence of anti-Stalinist leftists and the nascent neoconservative movement found a place in the Reagan administration. These “State Department Socialists,” as they were known, created policies and organizations that provided financial and technical expertise to democratic movements and also supported authoritarian, anti-communist regimes, particularly in Latin America. Guilhot traces the intellectual and social trajectories of key academics, policymakers, and institutions, including Seymour M. Lipset, Jeane Kirkpatrick, the “Chicago Boys,” influenced by Milton Friedman, the National Endowment for Democracy, and the Ford Foundation. He examines the ways in which various individuals, or “double agents,” were able to occupy pivotal positions at the junction of academe, national, and international institutions, and activist movements. He also pays particular attention to the role of the social sciences in transforming the old anti-communist crusades into respectable international organizations that promoted progressive and democratic ideals, but did not threaten the strategic and economic goals of Western governments and businesses. Guilhot’s purpose is not to disqualify democracy promotion as a conspiratorial activity. Rather he offers new perspectives on the roles of various transnational human rights institutions and the policies they promote. Ultimately, his work proposes a new model for understanding the international politics of legitimate democratic order and the relation between popular resistance to globalization and the “Washington Consensus.”
Topic:
International Relations, Globalization, Human Rights, and Democracy
Political Geography:
Global Focus
Publication Identifier:
9780231504195
Publication Identifier Type:
ISBN

975. Job Anxiety Is Real-And It's Global

Author:
Sandra Polaski
Publication Date:
05-2004
Content Type:
Policy Brief
Institution:
Carnegie Endowment for International Peace
Abstract:
These are not normal times. Two changes in the past decade have produced a huge global oversupply of labor and intense competition for an expanding array of jobs. First, the Cold War's end threw millions of workers, who formerly produced only for the socialist bloc, onto the global labor market. And second, that market has become integrated by technological change that now permits outsourcing of service as well as manufacturing jobs. The current economic recovery will not solve the resulting global mismatch of supply and demand, and it cannot be addressed by the United States alone. Many current policies aggravate the problem. This paper proposes that the United States revise its policies and devote a concerted effort to get the major countries to work together to expand employment at that global level.
Topic:
Economics, Globalization, and Industrial Policy
Political Geography:
United States

976. The Political-Economic Conundrum: The Affinity of Economic and Political Reform in the Middle East and North Africa

Author:
Eva Bellin
Publication Date:
11-2004
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
FOR NEARLY TWO DECADES THE MIDDLE EAST AND NORTH AFRICA (MENA) has languished in economic stagnation and lassitude. At a time when the logic of market-driven reform and exportoriented growth has become nearly canonical worldwide, the MENA region has proven steadfastly unenthusiastic about reform, shutting itself out of the benefits of economic globalization and falling behind most other regions in economic development. At the same time, the MENA region has distinguished itself by spurning another worldwide trend: democratization. As democracy has spread in Latin America, Central and Eastern Europe, Asia, and sub-Saharan Africa, the Middle East has remained largely authoritarian, experiencing at most only mild liberalizing political reforms. This dual resistance to world trends is intriguing and resurrects the question of the relationship between political and economic reform. Is this dual resistance to reform coincidental? And what does this resistance say about whether and how Western policy makers and aid practitioners should try to link or sequence their efforts to promote political and economic reform in the region?
Topic:
Globalization and Political Economy
Political Geography:
Europe, Middle East, Asia, Latin America, and North Africa

977. The Building of Regional Security Partnership and the Security Culture Divide in the Mediterranean Region

Author:
Fulvio Attiná
Publication Date:
05-2004
Content Type:
Working Paper
Institution:
Institute of European Studies (IES), UC Berkeley
Abstract:
Fulvio Attiná examines the concept of “regional security partnership” both theoretically and in the context of Euro-Mediterranean region-building. He argues that this partnership is an intermediate venture on the road to the possible appearance of a Euro-Mediterranean security community. By discussing the difficulties of negotiating a security partnership in the framework of the Euro-Mediterranean Partnership, Attiná highlights the security culture divide on both sides of Mediterranean. The differences in the security culture between European and Arab states have deepened in recent years in view of regional and global developments, constituting a major obstacle to the implementation of a security partnership. Attiná argues, however, that the interaction between the two shores of the Mediterranean in coping with globalization-driven problems may prevail over the factors that have led to a deepening of the security culture divide in recent years.
Topic:
International Relations, Security, Globalization, and Nationalism
Political Geography:
Europe and Arabia

978. Transforming Competitiveness in European Transition Economies: The Role of Foreign Direct Investment

Author:
Jasminka Sohinger
Publication Date:
05-2004
Content Type:
Working Paper
Institution:
Institute of European Studies (IES), UC Berkeley
Abstract:
Foreign direct investment (FDI) has become one of the main drivers of globalization and integration of the European transition economies into the world economy, especially the European Union. Its growth enhancing capacity has played a significant role in transforming their competitiveness, both locally and on international markets, and its propensity to stimulate institution buliding is changing both economic and political landscapes in the region. The economic conditionality of FDI and the EU access-driven reforms are working hand in hand in helping the goals of transition and the convergence process. The achievement of both goals is seen as the best guarantor of peace and security in the region.
Topic:
Security, Economics, Emerging Markets, Globalization, International Trade and Finance, and Foreign Direct Investment
Political Geography:
Europe

979. India: the Next Economic Giant

Author:
Mark P Thirlwell
Publication Date:
08-2004
Content Type:
Working Paper
Institution:
Lowy Institute for International Policy
Abstract:
The Indian economy is showing clear signs of realising its dormant potential. The impact of more than a decade of economic reforms, instigated by a 1991 balance of payments crisis, has now removed or at least mitigated some of the major economic distortions that have handicapped past economic performance. One important result has been a significant boost to the economy's overall potential growth rate. Another has been India's re-engagement with the global economy, which in turn has transformed the prospects of key sectors of the Indian economy. This transformation has been most visible in the case of information technology-related services exports, where India has already become an important global player. But there are also positive signs in the areas of merchandise trade and international capital flows. These trends will have important consequences for the international economy as a whole and for Australia in particular.
Topic:
Economics, Emerging Markets, and Globalization
Political Geography:
India, East Asia, Asia, and Australia

980. The international economy in 2003: managing economic imbalances in an integrated world

Author:
Mark P Thirlwell
Publication Date:
02-2004
Content Type:
Policy Brief
Institution:
Lowy Institute for International Policy
Abstract:
This Issues Brief suggests that a key theme over the past year has been the management of external imbalances in a world economy that is not only increasingly integrated but which is simultaneously undergoing a sustained geographic shift in the distribution of economic weight towards Asia. Using this theme as an organising principle, it reviews several major economic developments including US current account adjustment, international exchange rate adjustment in response to that process, growing Sino-US trade tensions, the increasing focus on international outsourcing and the stresses facing the current multilateral trading round. The Brief concludes by arguing that many of these same themes will influence international economic prospects over the coming year.
Topic:
Economics, Globalization, and International Trade and Finance
Political Geography:
Asia