Globalisation, Regionalism and Economic Activity

The processes of globalization and increased economic regionalism have had profound, often destabilizing, effects on modern economic and financial systems. In recognition of this fact, the editors of this book have collected together a diverse range of heterodox ideas surrounding the complex relationships and interactions between globalization, regionalism and economic activity. The book promotes real world economic issues and explores them without adopting any particular methodological, ideological or theoretical agenda. A number of influential economists explore the inter-relationships between globalization, regionalism, finance, economic growth and development from a global perspective. Amongst other topics, the book includes comprehensive discussions on fixed versus flexible exchange rates; international liquidity; the WTO dispute settlement system; the eastward expansion of the European Union; crowding out in export-led growth; demand and supply in the New Economy; the national origin of financial liberalization in the US; and the relationship between savings and investment.