Buch, Englisch, 288 Seiten, Format (B × H): 161 mm x 240 mm, Gewicht: 670 g
ISBN: 978-0-691-13336-2
Verlag: Princeton University Press
Rules for the Global Economy is a timely examination of the conditions under which international rules of globalization come into existence, enabling world economic and financial systems to function and stabilize. Horst Siebert, a leading figure in international economics, explains that these institutional arrangements, such as the ones that govern banking, emerge when countries fail to solve economic problems on their own and cede part of their sovereignty to an international order. Siebert demonstrates that the rules result from a trial-and-error process--and usually after a crisis--in order to prevent pointless transaction costs and risks. Using an accessible and nonmathematical approach, Siebert links the rules to four areas: international trade relations, factor movements, financial flows, and the environment. He looks at the international division of labor in the trade of goods and services; flow of capital; diffusion of technology; migration of people, including labor and human capital; protection of the global environment; and stability of the monetary-financial system. He discusses the role of ethical norms and human rights in defining international regulations, and argues that the benefits of any rules system should be direct and visible. Comprehensively supporting rules-based interactions among international players, the book considers future issues of the global rules system.
Fachgebiete
- Wirtschaftswissenschaften Volkswirtschaftslehre Wirtschaftssysteme, Wirtschaftsstrukturen
- Wirtschaftswissenschaften Volkswirtschaftslehre Internationale Wirtschaft Internationaler Handel
- Wirtschaftswissenschaften Betriebswirtschaft Bereichsspezifisches Management Außenhandel
- Rechtswissenschaften Internationales Recht und Europarecht Internationales Recht Internationales Verwaltungs-, Umwelt- und Gesundheitsrecht
- Rechtswissenschaften Internationales Recht und Europarecht Internationales Recht Internationales Handels-, Wirtschafts- und Gesellschaftsrecht
Weitere Infos & Material
Foreword vii
Preface ix
Chapter I: The Concept of aWorld Economic Order 1
Chapter II: Globalization and Its Impact on the International Rule System 20
Chapter III: How Rules Are Established 32
Chapter IV: How Rules Are Stabilized 50
Chapter V: Rules for International Product Markets 75
Chapter VI: Rules for Border-Crossing Factor Movements 100
Chapter VII: Rules for the Global Environment 121
Chapter VIII: Preventing Financial Instability 150
Chapter IX: Avoiding Currency Crises 177
Chapter X: Ethical Norms, Human Rights, Fairness, and Legitimacy: Restraints for the International Rule System 197
Chapter XI: Interdependence of Orders, Structure of the Rule System, and Institutional Fit 215
Chapter XII: Major Challenges to the Rule System in the Future 231
References and Further Reading 249
Index 263
