Suchergebnisse

Is the world globalized as so many pundits claim? The facts say otherwise. Consumption, for example, has a strong domestic bias. Distance and borders are two important reasons for this bias and are a powerful deterrent to globalization. Also, multinational corporations the organizations that best symbolize the concept of globalization do not have a global reach, but rather focus their activities within an area surrounding the home market. These facts suggest that regionalization and not globalization is the appropriate characterization of today's economic environment. This volume explores the drivers of cross-border trade and the forces underlying the expansion of the border from the nation to the regional trade area. The findings of this research cast some doubts on the practicality of striving for a more globalized trade system through costly and time-consuming trade rounds populated by a myriad of players with their agendas and conflicts? Would it not be better to let the world fully play out the regional option before implementing a more global strategy? It provides international coverage of global strategic management. It discusses multi-national corporation and whether their growth strategy should be regional v. global. It also addresses regional trade situations (i.e., NAFTA, European Union, and Mercosur)

This book presents a number of key studies pertaining to the most pressing challenges of economic regional integration in West Africa. The issues of monetary coordination, foreign exchange volatility, taxation, savings and macroeconomic convergence are investigated from a regional perspective. The characteristics of West Africa's trade policy are reviewed and assessed in comparison to those of the Southern African Development Community (SADC). The extent to which regional integration can tackle the challenge of unemployment is the focus of studies on labour markets. Development of the private sector and coordination of regional cross-border transportation are examined through the lens of economic collaboration between Arab and African countries. The book provides fresh new answers to persistent development questions and sheds new light on long-held views that are either incomplete or no longer true. It also opens new perspectives on the search for sustainable avenues for Africa's development. In this regard, it may contribute to the emergence of a new paradigm on Africa's development process and its science-based, policy-oriented implementation

Discusses the interaction of multinational corporate integration with regional economic integration within the European Economic Community. Argues that for Europe any systematic analysis of the extent and character of multinational intra-firm trade is lacking. In contrast to the United States, where a good deal of work has been done on intra-firm trade by U.S. multinationals, the only European surveys are those for Swedish multinationals. (AM)