Openness and Development: Yearbook of Economic and Social Relations 1996 (Studies in Contemporary Economics) - Softcover

Softcover

ISBN 10: 3790809586 ISBN 13: 9783790809589

Publisher: Physica, 1996

Synopsis

Openness and development are key words of central importance in describing the dynamism within the present world economy. Openness denotes the entire process of internationalization and liberalization now underway in the commodity markets, factor markets and financial mar­ kets. Today there is hardly anational economy or company left which can afIord to ignore international dependencies. In the broadest sense of the word, development encompasses an those dynamic endogenous economic processes which create prosperity and a high standard of living via inno­ vation and structural change. Modem economic research has shown that both of these fields of economic causalities - which are themselves afIected by a wide variety of interdependencies - detennine the economic destiny of the national economies and of their actors in the industrial, newly industrializing, transitional and developing countries. The present volume focuses on the significance of these two key words while conveying, at the same time, an impression of the broad spectrum of related issues. It contains papers written by economists working at uni­ versities and research institutes as well as papers submitted by "economic practitioners"; the latter, in particular, provide valuable insights on current issues by taking account of theoretical and practical considerations. Whereas the papers printed in Part I analyze their subjects from a general perspective, the emphasis in Part TI is on specific regional aspects. Part I begins with a theoretical-empirical study on the development of foreign trade.

About this title

Synopsis

This work focuses on theoretical and empirical questions of openness and economic development. It deals with real and monetary aspects of the policy of economic openness. Authors from different universities and institutions illustrate a variety of different topics of the world-wide integration processes. The book is addressed to scientists, politicians and businessmen.

Edition details

• Publisher: Physica
• Publication date: 1996
• Language: English
• ISBN 10: 3790809586
• ISBN 13: 9783790809589
• Binding: Paperback
• Edition number: 1
• Number of pages: 254
• Editor: Lang Franz P., Ohr Renate