Rules For The Global Economy

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Item specifics

Condition
Brand New: A new, unread, unused book in perfect condition with no missing or damaged pages. See all condition definitionsopens in a new window or tab
ISBN
9780691133362
Category

About this product

Product Identifiers

Publisher
Princeton University Press
ISBN-10
0691133360
ISBN-13
9780691133362
eBay Product ID (ePID)
73273502

Product Key Features

Number of Pages
288 Pages
Language
English
Publication Name
Rules for the Global Economy
Subject
Political Economy, International Relations / Trade & Tariffs, International / General, International
Publication Year
2009
Type
Textbook
Subject Area
Law, Political Science, Business & Economics
Author
Horst Siebert
Format
Hardcover

Dimensions

Item Height
1 in
Item Weight
18 Oz
Item Length
9.6 in
Item Width
7.1 in

Additional Product Features

Intended Audience
College Audience
Dewey Edition
22
Reviews
"This brilliant exposition by a leading economist explains why globalization requires global rules. The author's argument is based on the German school of liberalism that emphasizes the need for the state to provide standards for the proper working of a market economy." --André Sapir, Université Libre de Bruxelles, "Officials who are tasked with translating the G-20 aspirations into new rules will greatly benefit from Siebert's sound analysis. The rest of us can use Siebert as a guide to distinguish between rules that genuinely answer the needs of our new era and fluffy wisps in the sky." --from the foreword by Gary Hufbauer, Peterson Institute for International Economics, "Interactions among countries are mediated by rules. Examples include the rules for trade, the flow of finance, financial stability, the environment, and human rights. Siebert's new book not only explains what these regulations are, but why they exist and, more importantly, why they change over time. The perspective taken by the book is as simple as it is powerful: rules evolve to reduce transactions costs. Siebert has written an intellectually exciting and wise book--a guide for devising the rules needed to address many of today's great challenges." --Scott Barrett, Columbia University, "This is an iconoclastic and interesting work. Arguing that a rules-based interaction among global players is critical for achieving the gains promised by globalization, Siebert applies this notion to each of the major areas of the international system. The book's arguments are consistent and relevant for policy, especially with respect to trade and the environment." --Ingo Walter, New York University
Illustrated
Yes
Dewey Decimal
337
Synopsis
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., An examination of the conditions under which international rules of globalization come into existence, enabling world economic and financial systems to function and stabilize. It 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., 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.

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Hi! I started my Ebay store to help fund my goal of opening a Children's Museum! This is just one of the ways I came up with to earn money. I like to collect and sell cloth diapers, and clothes that ...
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