Number of results to display per page
Search Results
2122. The Aftershock of 9/11: Implications for Globalization and World Politics
- Author:
- Richard Bernal
- Publication Date:
- 09-2002
- Content Type:
- Working Paper
- Institution:
- The North-South Center, University of Miami
- Abstract:
- Globalization is a multi-dimensional process that is transforming national and global activities and interactions at a rapid rate and in a profound way. The changes encompassed by globalization have far-reaching implications for all aspects of life. The pace, extent, and character of globalization differ among economic, political, and social dimensions. While there is no single agreed-upon definition of globalization, it is generally understood to be a process in which barriers to the international flow of goods, services, capital, money, and information are being increasingly eroded or eliminated.
- Topic:
- International Relations, Globalization, and International Trade and Finance
2123. Free Trade, Smart Borders, and Homeland Security: U.S.-Caribbean Cooperation in a New Era of Vulnerability
- Author:
- Stephen Flynn and Anthony Bryan
- Publication Date:
- 09-2002
- Content Type:
- Working Paper
- Institution:
- The North-South Center, University of Miami
- Abstract:
- In the hours following the collapse of the World Trade Center twin towers on September 11, 2001, the United States applied a tourniquet to the transportation arteries that feed its national economy. The first campaign in the war to protect the U.S. homeland turned out to be an embargo on its own economy. Given the uncertainty surrounding the attacks, freezing its transport networks first and asking questions later was probably appropriate. But then came the hard part—how to resume global trade and travel after U.S. citizens' confidence in the security of their nation had been rocked to core? In the immediate aftermath of the terrorist attacks on the United States, front-line agencies like the U.S. Customs Service, Coast Guard, Immigration and Naturalization Service (INS), Department of Agriculture, and Border Patrol were being called upon to open U.S. borders and seaports once again to legitimate trade and travel. At the same time, they were tasked with exercising increased vigilance in detecting and intercepting would-be terrorists or the means of terrorism, including weapons of mass destruction that might be smuggled in a vehicle, train, truck, or maritime container. Just how the United States arrives at the appropriate balance—between openness to facilitate legitimate commerce and exercising sufficient controls to stem transnational threats to public safety and security—is one of the most critical public policy challenges confronting U.S.-Caribbean relations.
- Topic:
- International Relations, Security, and International Trade and Finance
- Political Geography:
- United States and Caribbean
2124. A Free Trade Area of the Americas: Implications of Success or Failure for the Members of the OAS
- Author:
- Stephen Keat
- Publication Date:
- 08-2002
- Content Type:
- Working Paper
- Institution:
- The North-South Center, University of Miami
- Abstract:
- Ongoing negotiations involving all the nations in the Americas except for Cuba are aimed at agreeing on a Free Trade Area of the Americas (FTAA or ALCA in Spanish) “from Alaska to Tierra del Fuego” by 2005. In addition to potentially revolutionizing the economies of some of the members of the Organization of American States (OAS), an FTAA will have major political, social, and even military ramifications for the Inter-American System. Failure to agree, however, will not just leave the member states with the present status quo. It would have negative impacts in the above-cited areas.
- Topic:
- International Organization and International Trade and Finance
- Political Geography:
- America
2125. Economic Convergence through Savings, Trade and Technology Flows—Lessons from Recent Research
- Author:
- Per Botolf Maurseth
- Publication Date:
- 10-2002
- Content Type:
- Working Paper
- Institution:
- Norwegian Institute of International Affairs
- Abstract:
- This paper reviews the theoretical and empirical literature on income disparity between countries and convergence in economic growth. New theoretical models modify and often reverse the prediction of convergence in the traditional neo-classical model of economic growth. A particular feature of the recent literature as compared to traditional studies of economic growth is that it acknowledges interdependence between countries. International capital flows, trade in goods and (maybe most important) international technology flows influence individual countries growth performance. The empirical literature on the dynamics of the international distribution of income per capita reveals massive unconditional divergence in income levels. For sub-samples of countries on the other hand, the data support the conditional convergence hypothesis: when other factors are accounted for, there is a tendency for income per capita to converge. For the OECD countries, as well as for some other countries, knowledge flows, either embodied in traded goods or disembodied seem to be important for whether poorer countries are able to catch up with richer ones.
- Topic:
- International Relations, Economics, International Trade and Finance, and Science and Technology
2126. International R Spillovers and the Effect of Absorptive Capacity
- Author:
- Leo A. Grünfeld
- Publication Date:
- 08-2002
- Content Type:
- Working Paper
- Institution:
- Norwegian Institute of International Affairs
- Abstract:
- We study the productivity effects of R spillovers through imports, foreign direct investment and domestic intermediates, using a highly disaggregated data set for Norwegian business sectors. As opposed to the large body of similar studies, we explicitly analyse the importance of absorptive capacity effects, claiming that the positive contribution from R spillovers is an increasing function of the R activities of the economic units that receive the spillovers. We find strong support for the existence of R spillovers through imports and domestic intermediates, but no sign of such spillovers through foreign ownership. Surprisingly, we identify absorptive capacity effects relating to spillovers from imports, but no such effects with respect to domestic intermediates. One possible explanation is that the cost of learning from international R sources is larger than from domestic R sources, implying that own R investments can counteract the negative effect of geographical and cultural distance on R spillovers.
- Topic:
- International Relations, Economics, Industrial Policy, and International Trade and Finance
- Political Geography:
- Norway
2127. Multinationals Searching for R Spillovers
- Author:
- Leo A. Grünfeld
- Publication Date:
- 08-2002
- Content Type:
- Working Paper
- Institution:
- Norwegian Institute of International Affairs
- Abstract:
- This paper surveys the literature on R and technology spillovers as a motive for FDI. During the last years, a growing body of theoretical studies has generated formal arguments supporting the economic rationale for such behaviour. Yet, theoretical contributions are clustered within a few schools and a wider approach is necessary in order to understand the mechanisms that relate R spillovers to FDI. The empirical literature is more numerous, but provides ambiguous conclusions with respect to the strength of this motive. Micro studies provide less supportive results as compared to studies based on more aggregate data. Studies based on patent information are generally supportive to the existence of this motive.
- Topic:
- International Relations, Economics, International Trade and Finance, and Science and Technology
2128. International R Spillovers and the Absorptive Capacity of Multinationals
- Author:
- Leo A. Grünfeld
- Publication Date:
- 08-2002
- Content Type:
- Working Paper
- Institution:
- Norwegian Institute of International Affairs
- Abstract:
- This paper studies R spillovers as a motive for firms to go multinational. The establishment of a foreign subsidiary may increase a firm's ability to learn from foreign R activity since R spillovers between firms are moderated by geographical distance. As opposed to earlier studies on this subject, we also model the concept of absorptive capacity where spillovers are endogenised as a function of the firms'own R investments. We employ a three-stage Cournot duopoly model to identify under what conditions a firm chooses to service a foreign market through exports or localised production (going multinational). With exogenous R investments, the absorptive capacity effect contributes to increase the gains from going multinational when the firm is a technology leader in terms of R If R investments are endogenous, only medium-sized absorptive capacity effects will result in firms going multinational. Also, higher spillover rates do not necessarily drive down R and profits for the multinational firm. This stands in contrast to models that ignore the aspect of absorptive capacity.
- Topic:
- International Relations, Economics, International Trade and Finance, and Science and Technology
2129. Civil Society and the OECD - update November 2002
- Publication Date:
- 11-2002
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- The OECD recognises the valuable contribution that civil society can make to the public policy-making process, and attaches great importance to the Organisation's own consultation and dialogue with civil society organisations (CSOs). This continuing dialogue builds trust in public institutions and promotes public understanding of the benefits and challenges of global economic and social change.
- Topic:
- Development, Economics, International Trade and Finance, and Non-Governmental Organization
2130. Territorial Review on Helsinki, 2002
- Publication Date:
- 11-2002
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- The on-going structuring of the Greater Helsinki Region (GHR) should be encouraged by the central government. Managing the growth of the Helsinki region is crucial to avoid urban sprawl and the waste of resources, especially in the long run. With priorities for the Greater Helsinki Region identified, there is room to negotiate a general agreement between the central government and municipalities of the GHR. This agreement should receive large publicity and raise a debate in Parliament as the goal is to reassess both the role and the dependence of Helsinki upon the rest of the country, i.e. how can Finland develop as a whole by making better use of the motor, Helsinki.
- Topic:
- Development, Economics, and International Trade and Finance