Social and Behavioral Sciences Commons^™

The Underutilized Foreign Investor, Griffin Weaver

Griffin Weaver

For most states, if not all, the push for economic advancement is at the front of every administration’s agenda. This is especially true for developing countries in the Middle East whose standard of living and international power is largely tied to its economic condition. An important indicator, if not condition, of a state’s economic health is the level of foreign direct investment (FDI) received by the state. This inflow of money is essential for the growth and stability of a state’s economy. As one U.S. official once noted, the United States “need[s] a net inflow of capital of $3 billion …

International Labour Migration: The Missing Link In Globalization, Piyasiri Wickramasekara

PIYASIRI WICKRAMASEKARA

The paper analyzes the linkages between globalization and international mobility of people and labour, and concludes that labour migration is the missing link in globalization. It highlights that recent trends in labour mobility across borders hardly match optimistic rhetoric on migration and development and transnationalism at the international level. This paper briefly reviews recent trends in international mobility, particularly of workers, and reviews evidence and causes of mounting barriers to mobility. It discusses the emerging areas of convergence and divergence on policy and institutional options to optimize migration of labour for the welfare of the global economy.

Antinomies Of Capitalism (Review Of Globalization Its Discontents Joseph Stiglitz, Fernando Estrada

Fernando Estrada

We present the central arguments of the critics on the limits and scope of globalization on the work

Firms' Global Patent Strategies In An Emerging Technology, Andrea Fernandez-Ribas

Andrea Fernandez-Ribas

Despite international patenting can be a costly and risky investment, an increasing number of firms patent proprietary technologies in foreign countries. This paper explores trends of global patenting in a new domain of technology characterized by rapid globalization. The research setting consists of the population of U.S.-based Large and Small and Mid-Sized firms (SMEs) filing nanotechnology-related patent applications at the World International Patent Office (WIPO) during 1996-2006.

This paper appears in: Science and Innovation Policy, 2009 Atlanta Conference on Publication Date: 2-3 Oct. 2009 On page(s): 1-5 ISBN: 978-1-4244-5041-1 INSPEC Accession Number: 11035266 DOI: 10.1109/ACSIP.2009.5367863 Posted online: 2009-12-28 12:00:57.0

Arab Economies At A Tipping Point, Marcus Noland, Howard Pack

Marcus Noland

The Arab world is experiencing an economic boom of historic proportions. The tiny Persian Gulf emirate of Dubai is emblematic. Boasting the world's only seven-star hotel, its massive land reclamation project, allegedly the only man-made structure visible from the moon, is whimsically creating parcels shaped like continents and palm trees. With oil hovering above $90 a barrel and the Egyptian stock market up 1,800 percent in the last five years, one might ask what problems World Bank President Robert Zoellick perceives that would justify making the economic revitalization of the Arab world one of the cornerstones of his new administration.1 …

Globalization, Regional Economic Policy And Research, Edward Feser

Edward J Feser

This paper considers two questions. First, are there unique implications of growing global economic integration for development planning and policy making at the city and regional level? Key issues include whether globalization is appreciably different today than it used to be and whether it means anything more, from the perspective of a given city or region, than heightened competition for resident industries and related challenges of more rapid macro-regional structural change and adjustment. Second, what kinds of spatial empirical research and model building would be most valuable to regional policy makers faced with designing programs and making specific allocative investment …

U.S. Regional Economic Fragmentation & Integration: Selected Empirical Evidence And Implications, Edward J. Feser, Geoffrey Hewings

Edward J Feser

The emergence of ten U.S. megaregions—increasingly contiguous spaces of high density development and population capturing a high share of U.S. economic activity—raises the question of appropriate scales for local, state and federal policy and how regional planning as a practice can adapt to an extended and, in some cases, almost continuous economic integration over space (RPA, 2006). Notions of cities as functional economic areas, more or less distinct spaces that operate as independent economic units, are less and less tenable as the basis for planning and policy making. At the same time, the megaregion phenomenon does not necessarily imply that …

Globalization & Nationalism: A Recipe For Terror, Cari Bourette, Daniel Reader

Cari Bourette

Nationalism appears to be part of the human condition; it may well be related to the human tendency toward tribalism. Whatever the case, nationalism appears to be a permanent feature on the global landscape. Globalization, while not a new phenomenon by any means, seems to be having a tremendous dilutory effect on the sovereignty of states; it now appears to be carrying the assault to the cultural frontiers of nationalism. Unlike the Westphalian constructs, however, nations will not so easily succumb. There is a greater inherent resistance to change in nations; the only historically effective method has been outright eradication …

Islam, Globalization, And Economic Performance In The Middle East, Marcus Noland, Howard Pack

Marcus Noland

The Middle East is a demographic time bomb. According to the United Nations De¬velopment Program’s (UNDP) Arab Human Development Report 2002, the population of the Arab region is expected to increase by around 25 percent between 2000 and 2010 and by 50 to 60 percent by 2020—or by perhaps 150 million people, a fig¬ure equivalent to more than two Egypts. Even under the UNDP’s more conserva¬tive scenario, Bahrain, Kuwait, Qatar, and the United Arab Emirates will be the only Arab countries in 2020 with median ages above 30. These figures suggest that the region as a whole will experience labor …

Globalization And The U.S. Labor Market, Robert C. Shelburne

Robert C. Shelburne

This paper, presented at the Eastern Economic Association in 1999, assesses the impact of globalization on the US labor market. It describes the numerous channels by which trade could have negatively impacted US wages and concludes that the current conventional wisdom that trade has not had a negative impact is not particularly robust.