Growth and Development in the Global Economy

Growth and Development in the Global Economy

Edited by Harry Bloch

What are the forces behind the increasing globalization of economic life? How does globalization affect the functioning of national economies? What difficulties confront government policymakers in dealing with the global economy? These issues are addressed in this volume by leading specialists. The contributors present a range of unique and varied perspectives from which they consider aspects of the increasing integration of economic life, exploring implications for the functioning of domestic markets in a rapidly changing global economy. The result is a collection of insights that provide a framework for understanding globalization as an economic phenomenon.

Preface

Edited by Harry Bloch

Subjects: economics and finance, development economics, industrial economics, international economics

Extract

This volume contains papers originally prepared for a workshop held at Margaret River, Western Australia in September 2001. The workshop brought together a group of economists with diverse backgrounds and research interests. Each participant was asked to prepare a paper that considered the phenomenon of globalization from the perspective of his or her own research interests. The papers were presented to the group over a period of three days with plenty of opportunity for exchange of views, both in the formal discussions and informally during meals, a trip to the beach and a tour of local wineries. Some of the insights that resulted are commented on directly in the revisions of papers for publication in this volume, as well as in the introduction that was written after listening to the papers and reading both the original papers and subsequent revisions. The experience has added substantially to my own understanding of the economic issues related to globalization. I hope that readers of this volume will similarly benefit. This volume would not have been possible without the generous financial support provided to the Productivity, Pricing and International Competitiveness (PPIC) research program by the Research and Development Committee of the Curtin Business School. This funding covered the costs of meals and accommodation for the group at the Emerald Colonial Lodge over the period of the workshop as well as assisting with travel expenses of some of the interstate and overseas participants. The task of organizing the workshop and ensuring that all and sundry...