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Why Global Commitment Really Matters! / Edition 1
     

Why Global Commitment Really Matters! / Edition 1

by Howard Lewis III, J. David Richardson
 

ISBN-10: 0881322989

ISBN-13: 9780881322989

Pub. Date: 09/01/2001

Publisher: Peterson Institute for International Economic

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,

Overview

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.

Product Details

ISBN-13:
9780881322989
Publisher:
Peterson Institute for International Economic
Publication date:
09/01/2001
Series:
Globalization Balance Sheet Ser.
Edition description:
New Edition
Pages:
50
Product dimensions:
7.44(w) x 10.04(h) x 0.29(d)
Age Range:
18 Years

Table of Contents

Prefacevii
Acknowledgmentsxi
Summary1
Overview3
1 Introduction7
2 The Globally Engaged Stand Tall: Firms, Workers,
Communities13
Globally Engaged Firms Versus Other Firms16
Globally Engaged Workers Versus Other Workers24
Globally Engaged Firms, Workers, and Communities Abroad35
3 Yes, But Does Globalization Really Cause Any of This Stuff?39
Commitment, Not Intensity40
The Chicken and the Egg41
Global Commitments Are a Family of Activities45
Even if Global Presence Meekly Mirrored Local
Performance, There May Be Gains47
4 But What About ...? Complaints, Doubts, and Criticism51
5 Policy Implications61
References63
Index67
Tables
Table 3.1 Background data for Figures 3.4-3.6—Wages
and employment shares of globally integrated and less48

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