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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Why Global Integration Matters Most!

Why Global Integration Matters Most!

Paperback

Series: Globalization Balance Sheet Series

EconomicsInternational Relations

ISBN10: 0881322989
ISBN13: 9780881322989
Publisher: Peterson Inst For Intl Economi
Published: Oct 1 2001
Pages: 92
Weight: 0.49
Height: 0.29 Width: 7.44 Depth: 10.04
Language: English

In this study Howard Lewis III and J. David Richardson explore the gains that workers, companies, and communities achieve from choosing to engage with the global economy. Why Global Commitment Really Matters! follows two earlier Institute publications that explored the benefits of exporting. This study summarizes new research on American importing, international investment, and technology transfers that shows similar benefits.

All types of global commitment seem to generate greater productivity, higher pay, stronger growth, and better survival rates. These in turn rejuvenate entire industries and their workforces and communities as they allow better firms and jobs to supplant those with less desirable traits. Exports, imports, investment, and technology transfer form a family of global commitments that spawns a family of economic rewards. The study shows that exactly the same patterns are being discovered in similar new research abroad. Little of this new research has made its way into the mainstream of public debate over trade and economic policies.The authors supplement their research survey with profiles of real American exporters, importers, multinational companies, foreign affiliates, and technology partners. They also weigh criticisms and alternative interpretations of the research, and examine the problems of those left on the margins of the global economy.

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Economics