International Economics and Policy:An Introduction to Globalization and Inequality

Keith Maskus

in World Scientific Books from World Scientific Publishing Co. Pte. Ltd.

Abstract: Relying on economic theory where necessary, this book emphasizes translating that theory into practical applications that will help students appreciate the clear importance of understanding how countries, businesses, workers, and governments interact with each other. It offers in-depth analysis, empirical evidence, and practical examples arising from all the forms of international exchange: international trade, or the exchange of goods and services across borders; international finance, or the roles that currencies, exchange rates, prices, and monetary systems play in facilitating global investment and trade; global migration, through which workers move from lower-wage countries to higherwage countries; the international flows of capital and knowledge through multinational enterprises and global supply chains; and the global policy architecture underlying these flows. The book pays particular attention to how globalization and technological change affect economic inequality, a primary policy issue today.

Keywords: Trade Agreements; Offshoring; Labor Migration; Exchange Rate; National Income; Globalization; International Trade; International Finance; Trade Model; Trade Taxes; Subsidy; Microeconomics; Euro System; US Trade Policy; Economic Theory; Foreign Exchange Markets; Global Economy; Inequality; Economic Theory; Capital; Global Supply Chain; Technological Change; Policy Architecture; Economic Development; Statistical Analysis; Policy Review; World Trade Organization; World Intellectual Property Organization; Monetary System; Labor; Wage; Balanced Trade; Gains From Trade; Free Trade; International Trading Equilibrium; International General Equilibrium; Terms of Trade; Ricardian Trade Model (search for similar items in EconPapers)
JEL-codes: F02 F1 F13 F3 F6 (search for similar items in EconPapers)
Date: 2023
ISBN: 9789811282287
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