International business for the modern firm has to compromise the need to use limited resources and achieve efficiency in the global marketplace. This book examines these issues from the viewpoint of the internationalized SME, the big multinational and the local subsidiary drawing on research conducted in different countries.
The EU is a major trade partner with India, and economic linkages continue to deepen. India and the EU have increased their political interactions and are crucial partners in promoting sustainable development. Recent trends in India-EU relations show that New Delhi and Brussels are keen to expand their partnership in multiple areas, including sustainable development and natural resources management. This volume takes a unique approach to exploring the efficient management of resources in the era of resource depletion due to climate changes and business expansion, in conjunction with considering the multiple dimensions of India-European Union cooperation. It analyzes regional and global trends in the process of globalization and sustainable development, particularly in the context of natural resource management and resource efficiency. It offers a variety of perspectives through useful and current information in this field, providing a concise and holistic understanding of the issues and challenges faced when exploiting natural resources for sustainable and efficient resource utilization.
The EU is a major trade partner with India, and economic linkages continue to deepen. India and the EU have increased their political interactions and are crucial partners in promoting sustainable development. Recent trends in India-EU relations show that New Delhi and Brussels are keen to expand their partnership in multiple areas, including sustainable development and natural resources management. This volume takes a unique approach to exploring the efficient management of resources in the era of resource depletion due to climate changes and business expansion, in conjunction with considering the multiple dimensions of India-European Union cooperation. It analyzes regional and global trends in the process of globalization and sustainable development, particularly in the context of natural resource management and resource efficiency. It offers a variety of perspectives through useful and current information in this field, providing a concise and holistic understanding of the issues and challenges faced when exploiting natural resources for sustainable and efficient resource utilization.
Energy Growth Nexus in an era of Globalization reviews current research and practical policy considerations reflective of the ongoing transformation, covering four broad globalization themes from existing research literature: energy consumption, renewable energy consumption, financial markets and energy markets. Within these themes, contributors evaluate transformations in the energy-growth association relating to economic slowdowns, trade patterns, impacts of globalization, cross-border technological spillovers, changes in the risk profile of the countries, advent of Sustainable Development Goals (SDGs), changes in the pattern of cross-border labor force migration, and rising environmental awareness, among many other considerations. Policymakers, energy economists, and energy researchers in a range of connected disciplines will find this to be a great resource on the energy growth sector. - Addresses globalization relating to energy consumption, environmental quality, econometrics and energy markets - Demonstrates how to design effective energy and environmental policies in a rapidly globalizing world within a Sustainable Development Goals (SDGs) framework - Reviews open research questions relevant to energy-growth nexus so policymakers can bring forth socioeconomic stability
Globalization of Water is a first-of-its-kind review of the critical relationship between globalization and sustainable water management. It explores the impact of international trade on local water depletion and pollution and identifies “water dependent” nations. Examines the critical link between water management and international trade, considering how local water depletion and pollution are often closely tied to the structure of the global economy Offers a consumer-based indicator of each nation’s water use: the water footprint Questions whether trade can enhance global water use efficiency, or whether it simply shifts the environmental burden to a distant location Highlights the hidden link between national consumption and the use of water resources across the globe, identifying the threats facing ‘water dependent’ countries worldwide Provides a state-of-the-art review and in-depth data source for a new field of knowledge
This book analyzes contemporary issues relating to energy, environment, and globalization in the Indian context. As a signatory to the Paris climate accord, India has reiterated its commitment to taking strong and positive steps toward climate change mitigation. However, as one of the fastest growing economies in the world, it is battling the effects of a steep rise in fossil fuel usage and pollution. Further, increasing globalization is leading to greater economic activity and production, resulting in additional energy use, which has a negative effect on the environment. The book argues that globalization need not have only a negative environmental impact; it can also have positive impact through the importation of environmentally sound technologies and implementing global compliance standards. The book is divided into three sections: The energy section discusses issues relating to the status of Indian natural gas market and the need for developing an efficient gas market in India; the economics and politics of sustainable energy in India; the challenges of thermal power and significance of clean thermal power generation in India; environmental and policy issues concerning energy use in urban India; the importance of energy use in developing Human Development Index (HDI); and issues relating to renewable energy in India. The environment section then examines topics such as the impact of global warming on local weather by examining the frequency of extreme weather events such as drought and floods, and their impact on farming activities in the Indian state of Odisha; the importance of according the economic value to environmentally significant things like national park , mangroves, etc. for sustainable development; the role of environmental accounting for ecological sustainability and ecotourism; and environmental concerns increasingly gaining traction among the corporate sector for their long-run benefits . Lastly, the third section addresses issues relating to the challenges and opportunities of globalization, such as the interface between globalization and environment; managing India’s business interest in proposing new Bilateral Investment Treaty (BIT); the challenges being faced by Indian exports and their revival; and making Indian SMEs competitive. As such, it is an invaluable resource for policymakers, researchers, practitioners and students in the field of energy, environment and trade economics.
Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.
The COVID-19 pandemic struck the global economy after a decade that featured a broad-based slowdown in productivity growth. Global Productivity: Trends, Drivers, and Policies presents the first comprehensive analysis of the evolution and drivers of productivity growth, examines the effects of COVID-19 on productivity, and discusses a wide range of policies needed to rekindle productivity growth. The book also provides a far-reaching data set of multiple measures of productivity for up to 164 advanced economies and emerging market and developing economies, and it introduces a new sectoral database of productivity. The World Bank has created an extraordinary book on productivity, covering a large group of countries and using a wide variety of data sources. There is an emphasis on emerging and developing economies, whereas the prior literature has concentrated on developed economies. The book seeks to understand growth patterns and quantify the role of (among other things) the reallocation of factors, technological change, and the impact of natural disasters, including the COVID-19 pandemic. This book is must-reading for specialists in emerging economies but also provides deep insights for anyone interested in economic growth and productivity. Martin Neil Baily Senior Fellow, The Brookings Institution Former Chair, U.S. President’s Council of Economic Advisers This is an important book at a critical time. As the book notes, global productivity growth had already been slowing prior to the COVID-19 pandemic and collapses with the pandemic. If we want an effective recovery, we have to understand what was driving these long-run trends. The book presents a novel global approach to examining the levels, growth rates, and drivers of productivity growth. For anyone wanting to understand or influence productivity growth, this is an essential read. Nicholas Bloom William D. Eberle Professor of Economics, Stanford University The COVID-19 pandemic hit a global economy that was already struggling with an adverse pre-existing condition—slow productivity growth. This extraordinarily valuable and timely book brings considerable new evidence that shows the broad-based, long-standing nature of the slowdown. It is comprehensive, with an exceptional focus on emerging market and developing economies. Importantly, it shows how severe disasters (of which COVID-19 is just the latest) typically harm productivity. There are no silver bullets, but the book suggests sensible strategies to improve growth prospects. John Fernald Schroders Chaired Professor of European Competitiveness and Reform and Professor of Economics, INSEAD
Nobel Prize winner Stiglitz focuses on policies that truly work and offers fresh, new thinking about the questions that shape the globalization debate.