Nations and Firms in the Global Economy: An Introduction to International Economics and Businessby Steven Brakman, Harry Garretsen, Charles Van Marrewijk, Arjen Van Witteloostuijn
Pub. Date: 01/31/2006
Publisher: Cambridge University Press
This accessible introduction to the world economy and to the theory and practice of globalization argues that key topics in international economics cannot be understood without knowledge of international business, and vice versa. It reviews and combines insights from both literatures and applies them to real-world issues, clearly explaining the main concepts of international economics and business in a uniquely integrated approach. Written in a lively and accessible style, this innovative textbook covers all the main issues, including international trade, capital mobility, comparative advantage, foreign direct investments, multinational behaviour, financial crises and economic growth. It has carefully selected international examples and case studies, and special interest boxes which clearly explain more difficult economic concepts. The companion website includes additional case studies, exercises and answers to exercises, data, illustrations and links to other useful websites.
- Cambridge University Press
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Table of ContentsTables; Figures; Boxes; Preface; Course structure; Part I. Introduction: 1. The global economy; 2. International accounting practices; Part II. Firms, Trade and Location: 3. Trade and comparative advantage; 4. Trade and competitive advantage; 5. Firms, location, and agglomeration; Part III. Capital, Currency and Crises: 6. International capital mobility; 7. Gains from capital market integration; 8. Investors, exchange rates and currency crises; 9. Financial crises, firms, and the open economy; Part IV. Policy, Dynamics, and Organization: 10. Trade and capital restrictions; 11. Globalization and economic growth; 12. Nations and organization; Part V. Conclusion: 13. Globalization: is it really happening?; 14. Towards an international economics and business?; References; Index.
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