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Copyright of Papers in Regional Science is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The scope of the paper is limited by focusing on developing countries in the context of the world economy. We mostly consider the effects of globalization on income levels and a country's rate of economic growth. This focus is supported by studies (Ravallion; Bourguignon) that find that the level of income and expenditures across a continuum of household income categories is positively associated with economic growth, although wealthy households may benefit more than those with lower income. [ABSTRACT FROM AUTHOR]

Copyright of Canadian Journal of Economics is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Canadian Journal of Economics is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

We examine the relationship between offshoring and the labor market in an occupational choice model of trade and endogenous growth where workers are employed on the basis of their individual skill levels. Trade liberalization leads to offshoring and reduces employment in the manufacturing sector. Displaced workers move into traditional and innovation sectors according to their skill levels, shaping real wages and aggregate productivity in the manufacturing sector. The paper aims to show how inter-sectoral labor market adjustments, highlighted by skill heterogeneity, could be a possible explanation for the simultaneous rise in productivity and reduction in real wages that have coincided with the sharp escalation of offshoring activities in the U.S. manufacturing sector since 2004. ( JEL F16, F23, J24) [ABSTRACT FROM AUTHOR]

Copyright of Regional Science Policy & Practice is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

According to the economic literature, high-skilled emigration may either harm or benefit developing economies. Recent research highlighted several positive and negative channels through which the brain drain operates. This paper aims at evaluating the relative magnitudes of various brain drain channels and quantifying their global impact on migrants' sending countries. For this purpose, we develop a 10-region general equilibrium model of the world economy characterized by overlapping-generations dynamics. Our findings suggest that the short-run impact of brain drain on resident human capital is extremely crucial, as it affects not only the number of high-skilled workers available to domestic production, but also the sending economy's capacity to innovate/adopt modern technologies. This latter effect is particularly important in globalization, where capital investments are made in places with high production efficiencies. Hence, despite positive feedback effects, those countries facing prevalent high-skilled emigration are the most candid victims to brain drain. ( JEL F22, J24, O57) [ABSTRACT FROM AUTHOR]

Asia is an increasingly significant player in the global economy, and Asia's unprecedented growth and multifaceted disparities have generated many fascinating issues for scholarly research. This paper summarizes the diverse regional policy and practices of Asia in the context of globalization and transition. We argue that research on Asia is embedded in the complex economic-geographical processes and multiple trajectories of development. This paper highlights the important role of institutions and global-local interactions in regional development and public policy. Resumen. Asia es un actor cada vez más importante en la economía mundial y su crecimiento sin precedentes y las múltiples facetas de sus disparidades han generado un buen número de tópicos fascinantes para la investigación académica. Este artículo resume las diversas políticas y prácticas regionales de Asia en el contexto de la globalización y la transición. Sostenemos que la investigación sobre Asia está inmersa en los complejos procesos económico-geográficos y múltiples líneas de desarrollo. El artículo pone de relieve el importante papel de las instituciones y las interacciones globales-locales en materia de desarrollo regional y políticas públicas. [ABSTRACT FROM AUTHOR]

This lecture examines whether financial globalization is beneficial to developing countries by first examining the evidence on financial development and economic growth and concludes that financial development is indeed a key element in promoting economic growth. It then asks why if financial development is so beneficial, it often does not occur. It then goes on to examine whether globalization, particularly of the financial kind, can help encourage financial and economic development and argues that it can. However, financial globalization does not always work to encourage economic development because it often leads to devastating financial crises. The issue is thus not whether financial globalization is inherently good or bad, but whether it can be done right. [ABSTRACT FROM AUTHOR]

This paper argues that the Indonesia–Malaysia–Singapore Growth Triangle makes manifest the complex geographies of power that subvert efforts to read cross-border regionalization as a straightforward geographical corollary of‘globalization’. As such, the region needs to be examined not simply as a complementary transborder assemblage of land, labour and capital, but rather as a palimpsest in which the imagined geographies of cross-border development and the economic geographies of their uneven spatial fixing on the ground are mediated by complex cultural and political geographies. We seek to unpack these by triangulating how the geographies of capital (including its uneven development and its links to the geo-economics of intra-regional competition), land (including post-colonial relations across the region, the geopolitics of land reclamation and the enclaved landscapes of tourism) and labour (including the divergent itineraries of migrant workers) overlay and complicate one another in the region. By charting these complex triangulations of space and place, we seek to problematize narratives of the Growth Triangle as an exemplary embodiment of the‘borderless world’. [ABSTRACT FROM AUTHOR]

Recent literature concerning regional development has placed significant emphasis on local institutional structures and their capacity to‘hold down’ the global. Conversely, work on inter-firm networks– such as the global commodity chain approach– has highlighted the significance of the organizational structures of global firms’ production systems and their relation to industrial upgrading. In this paper, drawing upon a global production networks perspective, we conceptualize the connections between‘globalizing’ processes, as embodied in the production networks of transnational corporations, and regional development in specific territorial formations. We delimit the‘strategic coupling’ of the global production networks of firms and regional economies which ultimately drives regional development through the processes of value creation, enhancement and capture. In doing so, we stress the multi-scalarity of the forces and processes underlying regional development, and thus do not privilege one particular geographical scale. By way of illustration, we introduce an example drawn from recent research into global production networks in East Asia and Europe. The example profiles the investments of car manufacturer BMW in Eastern Bavaria, Germany and Rayong, Thailand, and considers their implications for regional development. [ABSTRACT FROM AUTHOR]

Copyright of Conservation Biology is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Countries engaged actively in globalization have experienced phenomenal changes in economic, social, cultural, political, and technological progress. Some countries have benefited significantly from greater integration, while others have held globalization accountable for their economic failure and instability. Globalization introduces new political and social challenges. Benefiting from globalization requires complementary institutions and social development to deal with the changes and risks introduced by greater openness. This article examines whether globalization benefits economic development and how the developing countries could gain from globalization through their social capital and institutional building. [ABSTRACT FROM AUTHOR]

The development process and the demographic changes that are a central element of it explain both the nearly two centuries of increasing income inequality prior to 2000 and the reversal of this trend that followed. There are at least four phases of the development process: (1) Malthusian pre‐development, (2) initial growth, (3) improved productivity, and (4) receding growth. Prior to the industrial revolution, the entire world was in the Malthusian Phase 1. During 1820–1950, about 20 countries, mostly in Western Europe, North America, and Oceania, moved out of Phase 1 and began to grow more rapidly. But, per capita income levels in the rest of the world continued to stagnate and worldwide income inequality widened continuously for at least 150 years following the Industrial Revolution. Around 1960, developing countries began to escape the Malthusian trap and move into Phase 2 of development. By the latter part of the 20th century, many developing countries were achieving growth rates equal to or greater than the high‐income countries, slowing the rise in inequality. By 2000–2015 most developing countries were in either Phases 2 or 3 of development, while most of the high‐income countries were moving into Phase 4, leading to a sharp reduction in worldwide income inequality. The recent reductions in worldwide income inequality are likely to continue in the near term because of the continuation of the more favorable demographic changes in developing compared to high‐income countries. [ABSTRACT FROM AUTHOR]

Slack OECD economic performance and weaker macroeconomic policy support Summers's reuse of the phrase 'secular stagnation'. Globalisation has redirected growth towards emerging economies, and anticipated rates of return on investment are impaired by perceived risk, institutionalised risk aversion, ageing and dependency, declining commitments to public investment and research and development with rising shares directed to health, retained trade distortions, industrial concentration and slower human capital accumulation, not to mention unexpected global abundance of fossil fuels and a slower Chinese economy. The information and literature supporting these concerns is reviewed and implications for global and Australian policy are inferred. [ABSTRACT FROM AUTHOR]

Copyright of Papers in Regional Science is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

China launched a new urbanisation programme for the period of 2014-2020. The new urbanisation programme will produce positive impacts on China's social and economic development through focusing on integrated urban and rural development, creating city clusters and promoting sustainable urban development. However, the new urbanisation programme may also bring some new social and economic problems, like widening the gap in urban development between different regions in China, leading to the formation of a new urban poor class, based on the current design and implementation. To minimise the negative effect, we suggest to better deal with the relationships between market and government and between economic and social development in the process of urbanisation. We argue that the key is to allow the market to determine the flows of capital, land and people in the process of urbanisation so as to achieve a sustainable development of China's urbanisation. [ABSTRACT FROM AUTHOR]

Drawing on regional strategy theory we complement the core effect of firm-specific advantages on the performance of multinational enterprises with an analysis of the performance consequences of home region concentration on firm performance. We also develop hypotheses regarding the effect of foreign entry timing, internationalization speed and international experience on the performance effect of home region concentration. We test our hypotheses against unique longitudinal data from a panel of 128 multinational enterprises in the retail sector whose geographical spread of international activities we traced between 1995 and 2010. Our findings support the predictions of regional strategy theory and highlight the importance of foreign entry timing and internationalization speed in strengthening the positive effect of home region concentration on the performance of multinational enterprises. [ABSTRACT FROM AUTHOR]

We develop a two-country model with heterogeneous producers and rent-sharing at the firm level. We identify two sources of a multinational wage premium: A composition effect because multinational firms are more productive, make higher profits, and pay higher wages, and a firm-level wage effect, because a firm makes higher global profits and thus pays higher wages in its home market when becoming multinational. With two identical countries, the wage premium is fully explained by firm characteristics. Allowing for technology differences between countries, a residual wage premium exists in the technologically backward country but not in the advanced country. [ABSTRACT FROM AUTHOR]

Copyright of Canadian Geographer is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Widespread trade liberalization and economic integration characterize the current era of globalization. While this approach has resulted in significant job creation, improved living standards, and a wider variety of cheaper consumer goods and services, opponents question if globalization's benefits outweigh the dislocations and downsides that it causes. Protestors are intent on stalling or rolling back globalization's progression and our review of the history of globalization reveals that a backlash is not without precedent. The article carefully examines the myth and reality of these two opposing positions on four key areas of the globalization debate: jobs; inequality and poverty; national sovereignty and cultural diversity; and the natural environment. This information is then utilized to derive a broad set of feasible policy recommendations that could help bring about a more sustainable form of globalization. [ABSTRACT FROM AUTHOR]

The article challenges the notion that below-replacement fertility and its local variation in China are primarily attributable to the government's birth planning policy. Data from the 2000 census and provincial statistical yearbooks are used to compare fertility in Jiangsu and Zhejiang, two of the most developed provinces in China, to examine the relationship between socioeconomic development and low fertility. The article demonstrates that although low fertility in China was achieved under the government's restrictive one-child policy, structural changes brought about by socioeconomic development and ideational shifts accompanying the new wave of globalization played a key role in China's fertility reduction. [ABSTRACT FROM AUTHOR]

This article contributes to the debate over the empirical relationship between trade openness and economic development. Unlike previous studies which treat trade openness and institutions as competitors in economic development, we find evidence that they are in fact complements. We also find that in order for a country to benefit from trade, its institutional quality has to be above a certain threshold level. These results are suggestive of an important complementary role for trade openness and institutions in economic development. [ABSTRACT FROM AUTHOR]

In spite of vast global improvements in living standards, health, and well-being, the persistence of absolute poverty and its attendant maladies remains an unsettling fact of life for billions around the world and constitutes the primary cause for the failure of developing states to improve the health of their peoples. While economic development in developing countries is necessary to provide for underlying determinants of health – most prominently, poverty reduction and the building of comprehensive primary health systems – inequalities in power within the international economic order and the spread of neoliberal development policy limit the ability of developing states to develop economically and realize public goods for health. With neoliberal development policies impacting entire societies, the collective right to development, as compared with an individual rights-based approach to development, offers a framework by which to restructure this system to realize social determinants of health. The right to development, working through a vector of rights, can address social determinants of health, obligating states and the international community to support public health systems while reducing inequities in health through poverty-reducing economic growth. At an international level, where the ability of states to develop economically and to realize public goods through public health systems is constrained by international financial institutions, the implementation of the right to development enables a restructuring of international institutions and foreign-aid programs, allowing states to enter development debates with a right to cooperation from other states, not simply a cry for charity. [ABSTRACT FROM AUTHOR]

This article outlines Professor Xiaokai Yang's life and contributions to economics in developing inframarginal economics or the modern classical economics of specialisation and division of labour. It explains the central trade-off between economies of specialisation and the additional transaction costs involved and the relevance for economic growth and the evolution of economic organisations. The implications of the new framework are also discussed, including a better view of globalization and the importance of organisational efficiency. [ABSTRACT FROM AUTHOR]

This article discusses international trade, economic aid and the development of poorer countries. While productive employment, improving education and health are growing in transitional and developing countries, millions of people in the Middle East, Russia and Central Asia are experiencing little or no economic growth despite rich natural resources. Sub-Saharan Africa suffers extreme poverty and economic stagnation as it is torn by conflicts. Immigration pressures are increasing as fertility rates in developing countries continue to exceed those in the Western democracies. Industrial and developing countries that have participated in globalization have experienced institutional change, growth and rising living standards.

Examines the harm caused by global political and economic order on the poor. Background on the concept of harm; Thesis on the quality of domestic institutions which explains why a country is rich or poor; Ways in which the global order violates the rights of the poor.

Much of the debate about the future of indigenous football codes such as Australian Rules and Gaelic football has centred on the possibility that in the future their popularity will be eroded by the increasing power of soccer. Several commentators have envisaged a future in which sports that operate in a global marketplace will 'crowd out' sports that have been traditionally popular in certain parts of the world. This article will examine these predictions critically, and will suggest several reasons why in the future, the range of sports that is played, watched, and followed with passion, is likely to continue to vary from nation to nation, and even from region to region. The article will argue that the success of any particular football code is most likely to be affected by the effectiveness of its own organisation and management, rather than whether or not there are 'global' competitors to it. [ABSTRACT FROM AUTHOR]

The article focuses on the implications of globalization for income inequality. Income inequality refers to the degree of dissimilarity of the incomes within a certain chosen unit, such as region, country or the globe. It describes how highly households' or groups' incomes deviate from average income in an income distribution. Most economists see economic growth as a prime move in decreasing poverty and equally distributing the benefits from growth as the cure for inequality. If countries are taken as the unit of analysis, the inequality literature can be split into within-country inequality, between-country equality and global inequality. Motivated by the Solow-Swan growth model and its implications for absolute convergence, researchers, for some time, looked at per capita income differences between countries to approximate world inequality. There are two methodological approaches to measuring global inequality. In the first approach, the whole world is considered like a country and income of each household is counted towards measuring world inequality. The second approach approximates world inequality by taking into account per capita gross domestic products of the countries, between-country income distributions, countries' populations and their within-country income distributions.

This article presents a growth model including geographical space and transportation costs in which the geographical area where firms sell their product is endogenous. Growth is generated by the expansion of trade and there is a positive relationship between degree of openness and income level. The model explains why economies become increasingly more open and why the degree of openness is not robustly correlated with growth. In contrast to other growth models, investment in transport infrastructure plays an important role and the size of the country does not affect growth. [ABSTRACT FROM AUTHOR]