Singh, Ajit (2011): Globalization, Openness and Economic Nationalism: Analytical and Conceptual Issues A Foreword to Globalization and Economic Nationalism in Asia. Published in: Globalization and Economic Nationalism in Asia by Anthony D'Costa (ed.) No. Foreword (June 2012): ii-xvi.
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Abstract
This book to which the present paper provides a foreword, investigates the interactions between globalization and economic nationalism in Asian countries. In this foreword, for South Asian countries the question of economic nationalism is considered through the lens of economic openness. Full globalisation, which connotes close or total integration of countries’ economies with that of the world economy, is the antonym of economic nationalism. The paper argues that economic openness is a multi-dimensional concept. A country can be open or not so open, in all or some of the following directions: trade, exports, imports, finance, science, culture, education, migration, foreign investment, investment by its citizens and companies abroad, among other things. There is no economic theory that suggests that a country has to be open in all dimensions simultaneously. Given its economic and geographical situation, a country may choose to be open in some areas and not at all, or only partially in others. The foreword examines the analytical question: what is the optimum degree of openness for an economy?
Item Type: | MPRA Paper |
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Original Title: | Globalization, Openness and Economic Nationalism: Analytical and Conceptual Issues A Foreword to Globalization and Economic Nationalism in Asia |
Language: | English |
Keywords: | Economic nationalism, globalisation, Asian countries, multi-dimensional interactions |
Subjects: | F - International Economics > F0 - General F - International Economics > F1 - Trade F - International Economics > F2 - International Factor Movements and International Business O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development |
Item ID: | 53039 |
Depositing User: | Ajit Singh |
Date Deposited: | 19 Jan 2014 18:47 |
Last Modified: | 05 Oct 2019 05:07 |
References: | Bibliography Chakravarty, S. and A.Singh (1988) “The Desirable Forms of Economic Openness in the South”, World Institute for Development Economics Research, WIDER, Helsinki Cripps, F., A. Izurieta and A. Singh (2011) “Global Imbalances, Under-consumption and Over-borrowing: The State of the World Economy and Future Policies”, Development and Change, Vol. 42, Issue 1, pages 228–261, January 2011 Glyn, A. Hughes, A. Lipietz, A. and Singh, A. (1992) ‘The Rise and fall of the Golden Age’ in Marglin, S.A. and Schor, J. (Ed.), The Golden Age of Capitalism, Oxford University Press Izurieta, A. and A. Singh (2010) “Does Fast Growth in India and China Help or Harm US Workers?”, Journal of Human Development and Capabilities: A Multi-Disciplinary Journal for People-Centered Development, Vol. 11, Issue 1, Pages 115 - 141 Keynes, J.M. (1980) “Collected Writings”, Donald Moggridge (ed), Vol.XXV Keynes, John Meynard (1936), The General Theory of Employment Interest and Money, Harcourt, Brace and Company, New York Krugman, P.R. (1987) “ Is free trade passé?” in Journal of economic Perspectives, Fall 1987, vol.1, No. 2, pp- 131-143. Marshall, A .(1926) Official Papers, Macmillan & Co. , London, Pasinetti, L.L. “Structural Change and Economic Growth”, Cambridge, 1981. pp 245-274 Robinson, J. (1973)‘The New Mercentalism’ Collected Economic Papers, Vol. iv, basil Blackwell, pp.1-3 Singh, A., (1995), “Institutional requirements for full employment in advanced economies”, International Labour Review, Vol. 135, No. 4-5. Singh, A., (1997), 'Financial Liberalisation, Stockmarkets and Economic Development', The Economic Journal, vol. 107, (May) Published by Blackwell Publishers, Oxford, UK & Boston, U.S.A. 771-782. Singh, A., (2002),"Asian Capitalism and the Financial Crisis". In Eatwell, J., and L. Taylor (eds.) International Capital Markets: Systems in Transition. Oxford University Press, Inc. 339-367. W. Arthur Lewis (1966), ‘Development Planning’ Routledge library edition. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/53039 |