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China, India y la economia mundial' da una mirada desapasionada y critica al crecimiento de estos dos paises, y postula algunas preguntas dificiles acerca de este ascenso: Donde esta ocurriendo? Quien se esta beneficiando mas? Es sostenible? Cuales son las implicaciones para el resto del mundo? A traves de seis ensayos, su principal proposito es resaltar algunas de las mayores implicaciones para la economia mundial del crecimiento de China e India. El libro examina las interacciones de estos dos paises con otros, via evolucion de sus capacidades industriales, su comercio internacional y el sistema financiero internacional, y describe posibles restricciones e influencias sobre su crecimiento (inequidad y gobernabilidad). Tambien analiza las restricciones locales y las perspectivas globales en energia y emisiones. Cada capitulo identifica un aspecto del crecimiento y discute, cuantitativa o cualitativamente, el tipo de factores que se deben considerar al proyectar su continuacion o sus efectos para determinar tendencias a mas largo plazo y ofrecer informacion al diseno de politicas durante los siguientes anos. Este libro es ademas una importante contribucion a la campana mundial para la reduccion de la pobreza. El hecho de que China e India hayan sido capaces de lograr que cientos de millones de personas salgan de la pobreza en las recientes decadas ofrece esperanza al resto del mundo.
Allocation Of Resources --- Comparative Advantage --- Global Markets --- Inequality --- Spanish Translation
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Humanity faces an ecological predicament, consisting of a cluster of concurrent, mutually reinforcing crises. They are causally intertwined and resistant to resolution in isolation. In addition to climate disruption, the cluster includes land-system change, loss of biodiversity and biosphere integrity, alteration of biogeochemical cycles, and decreased freshwater availability. Madison Powers argues for a targeted human rights approach to the resolution of our predicament. He assigns priority to a bundle of rights strategically important for counteracting ecologically unsustainable, economically predatory market practices.
Environmental justice. --- Human rights --- Environmental degradation. --- International economic relations. --- Economic asepcts. --- Environmental aspects. --- land, water, energy, human rights, global markets, sustainability, political economy, climate change, biodiversity, planetary boundaries
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'China's Vulnerability Paradox' explains the uneven transformations in global commodity markets resulting from China's contemporary, dramatic economic growth. At times, China displays vulnerabilities towards global commodity markets because of unequal positions of market power. Why is it that Chinese stakeholders are often unable to shape markets in their preferred direction? Why have some markets undergone fundamental changes while other similar ones did not? And how can we explain the uneven liberalization dynamics across markets? Through a series of case studies, Pascale Massot argues that the balance of market power between Chinese domestic and international market stakeholders explains their behavior as well as the likelihood of global institutional change.
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Talent is the bedrock of a creative society. Augmenting talent involves mobilizing culture and tradition, building institutions to increase the stock of human capital, enhance its quality, and instill values favoring achievements and initiative. The productivity of this talent in the form of ideas can be raised by nurturing wikicapital-the capital arising from networks. Translating creativity into innovation is a function of multiple incentives and sustaining innovation is inseparable from heavy investment in research. Finally, the transition from innovation to commercially viable products requires the midwifery of many service providers and the entrepreneurship skills of firms small and large.
Agricultural Knowledge and Information Systems --- Agriculture --- Capabilities --- Domain --- E-Business --- Education --- Global markets --- Human capital --- ICT Policy and Strategies --- Information and Communication Technologies --- Innovation --- Innovations --- Knowledge for Development --- Networks --- Private Sector Development --- Product innovation --- Productivity --- Rural Development --- Tertiary Education --- Uses
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Talent is the bedrock of a creative society. Augmenting talent involves mobilizing culture and tradition, building institutions to increase the stock of human capital, enhance its quality, and instill values favoring achievements and initiative. The productivity of this talent in the form of ideas can be raised by nurturing wikicapital-the capital arising from networks. Translating creativity into innovation is a function of multiple incentives and sustaining innovation is inseparable from heavy investment in research. Finally, the transition from innovation to commercially viable products requires the midwifery of many service providers and the entrepreneurship skills of firms small and large.
Agricultural Knowledge and Information Systems --- Agriculture --- Capabilities --- Domain --- E-Business --- Education --- Global markets --- Human capital --- ICT Policy and Strategies --- Information and Communication Technologies --- Innovation --- Innovations --- Knowledge for Development --- Networks --- Private Sector Development --- Product innovation --- Productivity --- Rural Development --- Tertiary Education --- Uses
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This paper provides an overview of the period prior to the recent global crisis, and the policies that were adopted around the world in response to the crisis. It highlights a number of key issues regarding economic and financial policies that governments have faced both globally and nationally. These are related to the management of boom and bust episodes that deserve more attention in policy circles in the future.
Access to Finance --- Accounting --- Capital account --- Capital markets --- Cross-border flows --- Currencies and Exchange Rates --- Debt Markets --- Developing countries --- Domestic credit --- Economic Theory & Research --- Emerging Markets --- Expenditures --- Finance and Financial Sector Development --- Financial crisis --- Financial market --- Financial stability --- Financial system --- Global markets --- International bank --- Macroeconomics and Economic Growth --- Policy responses --- Portfolio --- Portfolio diversification --- Private Sector Development --- Remittances --- Stock market --- Stock market capitalization --- Trading
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Measuring the poverty and distributional impact of the global crisis for developing countries is not easy, given the multiple channels of impact and the limited availability of real-time data. Commonly-used approaches are of limited use in addressing questions like who are being affected by the crisis and by how much, and who are vulnerable to falling into poverty if the crisis deepens? This paper develops a simple micro-simulation method, modifying models from existing economic literature, to measure the poverty and distributional impact of macroeconomic shocks by linking macro projections with pre-crisis household data. The approach is then applied to Bangladesh to assess the potential impact of the slowdown on poverty and income distribution across different groups and regions. A validation exercise using past data from Bangladesh finds that the model generates projections that compare well with actual estimates from household data. The results can inform the design of crisis monitoring tools and policies in Bangladesh, and also illustrate the kind of analysis that is possible in other developing countries with similar data availability.
Achieving Shared Growth --- Counterfactual --- Distributional effects --- Economic Theory & Research --- Employment status --- Global markets --- Household heads --- Household income --- Household survey --- Impact on poverty --- Income --- Income distribution --- Income poverty --- Inequality --- Macroeconomic shocks --- Macroeconomics and Economic Growth --- Poor --- Poor rural households --- Poverty line --- Poverty rates --- Poverty Reduction --- Regional Economic Development --- Rural --- Rural areas --- Rural Poverty Reduction
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Is there evidence from China's pre-WTO accession period that newly imposed U.S. or EU import restrictions deflect Chinese exports to third markets? The authors examine this question by drawing on a newly constructed data set of U.S. and EU product-level import restrictions on Chinese trade imposed between 1992 and 2001 and estimate their impact on Chinese exports to 38 alternative markets. There is no systematic evidence that the import restrictions imposed during this period resulted in Chinese exports surging to such alternate destinations. To the contrary, there is weak evidence of a chilling effect on China's exports to third markets.
Antidumping --- Antidumping measures --- Economic Theory & Research --- Export Growth --- Exporters --- Exports --- Free Trade --- Global exports --- Global markets --- Import protection --- Import restrictions --- International Economics and Trade --- Law and Development --- Macroeconomics and Economic Growth --- Market access --- Markets and Market Access --- Reciprocity --- Trade concessions --- Trade Deflection --- Trade Law --- Trade patterns --- Trade policies --- Trade Policy --- Trade restrictions --- World Trade --- World Trade Organization --- World Trading System
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Is there evidence from China's pre-WTO accession period that newly imposed U.S. or EU import restrictions deflect Chinese exports to third markets? The authors examine this question by drawing on a newly constructed data set of U.S. and EU product-level import restrictions on Chinese trade imposed between 1992 and 2001 and estimate their impact on Chinese exports to 38 alternative markets. There is no systematic evidence that the import restrictions imposed during this period resulted in Chinese exports surging to such alternate destinations. To the contrary, there is weak evidence of a chilling effect on China's exports to third markets.
Antidumping --- Antidumping measures --- Economic Theory & Research --- Export Growth --- Exporters --- Exports --- Free Trade --- Global exports --- Global markets --- Import protection --- Import restrictions --- International Economics and Trade --- Law and Development --- Macroeconomics and Economic Growth --- Market access --- Markets and Market Access --- Reciprocity --- Trade concessions --- Trade Deflection --- Trade Law --- Trade patterns --- Trade policies --- Trade Policy --- Trade restrictions --- World Trade --- World Trade Organization --- World Trading System
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Measuring the poverty and distributional impact of the global crisis for developing countries is not easy, given the multiple channels of impact and the limited availability of real-time data. Commonly-used approaches are of limited use in addressing questions like who are being affected by the crisis and by how much, and who are vulnerable to falling into poverty if the crisis deepens? This paper develops a simple micro-simulation method, modifying models from existing economic literature, to measure the poverty and distributional impact of macroeconomic shocks by linking macro projections with pre-crisis household data. The approach is then applied to Bangladesh to assess the potential impact of the slowdown on poverty and income distribution across different groups and regions. A validation exercise using past data from Bangladesh finds that the model generates projections that compare well with actual estimates from household data. The results can inform the design of crisis monitoring tools and policies in Bangladesh, and also illustrate the kind of analysis that is possible in other developing countries with similar data availability.
Achieving Shared Growth --- Counterfactual --- Distributional effects --- Economic Theory & Research --- Employment status --- Global markets --- Household heads --- Household income --- Household survey --- Impact on poverty --- Income --- Income distribution --- Income poverty --- Inequality --- Macroeconomic shocks --- Macroeconomics and Economic Growth --- Poor --- Poor rural households --- Poverty line --- Poverty rates --- Poverty Reduction --- Regional Economic Development --- Rural --- Rural areas --- Rural Poverty Reduction
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