Globalization in the Historic Context - Revision history

Paulreed: /* Bretton Woods-Reversed */

2011-01-27T01:42:37Z

Bretton Woods-Reversed

← Older revision		Revision as of 19:42, 26 January 2011
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	Other References		Other References
	<ref>[[File:Gl3.1.pdf ]]Evolution of the City</ref>		<ref>[[File:Gl3.1.pdf ]]- Evolution of the City</ref>
	<ref>[[File:Gl3.2.pdf ]]G20 Solutions to Recession</ref>		<ref>[[File:Gl3.2.pdf ]]- G20 Solutions to Recession</ref>

	<references/>		<references/>

	[[Category:Globalization]]		[[Category:Globalization]]

Paulreed: /* Bretton Woods-Reversed */

2011-01-27T01:42:14Z

Bretton Woods-Reversed

← Older revision		Revision as of 19:42, 26 January 2011
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	Other References		Other References
	<ref>[[File:Gl3.1.pdf\| Evolution of the City]]</ref>		<ref>[[File:Gl3.1.pdf ]]Evolution of the City</ref>
	<ref>[[File:Gl3.2.pdf\| G20 Solutions to Recession]]</ref>		<ref>[[File:Gl3.2.pdf ]]G20 Solutions to Recession</ref>

	<references/>		<references/>

	[[Category:Globalization]]		[[Category:Globalization]]

Paulreed: /* Bretton Woods-Reversed */

2011-01-27T01:41:36Z

Bretton Woods-Reversed

← Older revision		Revision as of 19:41, 26 January 2011
Line 94:		Line 94:

	Other References		Other References
	<ref>[[File:Gl3.1.pdf Evolution of the City]]</ref>		<ref>[[File:Gl3.1.pdf\| Evolution of the City]]</ref>
	<ref>[[File:Gl3.2.pdf G20 Solutions to Recession]]</ref>		<ref>[[File:Gl3.2.pdf\| G20 Solutions to Recession]]</ref>

	<references/>		<references/>

	[[Category:Globalization]]		[[Category:Globalization]]

Paulreed: /* Bretton Woods-Reversed */

2011-01-27T01:41:05Z

Bretton Woods-Reversed

← Older revision		Revision as of 19:41, 26 January 2011
Line 94:		Line 94:

	Other References		Other References
	<ref>[[File:Gl3.1.pdf\|Evolution of the City]]</ref>		<ref>[[File:Gl3.1.pdf Evolution of the City]]</ref>
	<ref>[[File:Gl3.2.pdf]]</ref>		<ref>[[File:Gl3.2.pdf G20 Solutions to Recession]]</ref>

	<references/>		<references/>

	[[Category:Globalization]]		[[Category:Globalization]]

Paulreed: /* Bretton Woods-Reversed */

2011-01-27T01:38:04Z

Bretton Woods-Reversed

← Older revision		Revision as of 19:38, 26 January 2011
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	This is an paper by Andrew Rose, academic at Haas School of Business, Berkeley CA. He argues that inflation targeting countries can manage their exchange rate volatility without the need for international co-ordination, institutions, IMF or gold stanadard and can can succeed in this endevour for longer periods. It is the diametric opposite of Bretton Woods		This is an paper by Andrew Rose, academic at Haas School of Business, Berkeley CA. He argues that inflation targeting countries can manage their exchange rate volatility without the need for international co-ordination, institutions, IMF or gold stanadard and can can succeed in this endevour for longer periods. It is the diametric opposite of Bretton Woods

	http://faculty.haas.berkeley.edu/arose/ReverseBW.pdf		http://faculty.haas.berkeley.edu/arose/ReverseBW.pdf

	Other References		Other References
	<ref>[[File:Gl3.1.pdf]]</ref>		<ref>[[File:Gl3.1.pdf\|Evolution of the City]]</ref>
	<ref>[[File:Gl3.2.pdf]]</ref>		<ref>[[File:Gl3.2.pdf]]</ref>

174.101.206.109 at 01:36, 27 January 2011

2011-01-27T01:36:22Z

← Older revision		Revision as of 19:36, 26 January 2011
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	•Some sort of "scrapping bonus" has been introduced in order to stimulate consumer spending - especially cars or other vehicles		•Some sort of "scrapping bonus" has been introduced in order to stimulate consumer spending - especially cars or other vehicles

			==Bretton Woods-Reversed==
			This is an paper by Andrew Rose, academic at Haas School of Business, Berkeley CA. He argues that inflation targeting countries can manage their exchange rate volatility without the need for international co-ordination, institutions, IMF or gold stanadard and can can succeed in this endevour for longer periods. It is the diametric opposite of Bretton Woods

			http://faculty.haas.berkeley.edu/arose/ReverseBW.pdf

			Other References
			<ref>[[File:Gl3.1.pdf]]</ref>
			<ref>[[File:Gl3.2.pdf]]</ref>

	<references/>		<references/>

	[[Category:Globalization]]		[[Category:Globalization]]

174.101.206.109: /* How did different countries fare in the credit crunch */

2011-01-27T01:18:59Z

How did different countries fare in the credit crunch

← Older revision		Revision as of 19:18, 26 January 2011
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	==How did different countries fare in the credit crunch==		==How did different countries fare in the credit crunch==
			===Singapore===
	10 years ago I lived in Singapore; a country with no natural resources other than its highly educated population. The main drivers of the economy were consumer manufactured products, shipping and financial services. Singapore had never known a period of negative growth in recent decades. The Asian Banking crisis of 1997 merely slowed their rapid growth and it responded to the crisis by allowing the currency to slowly devalue <ref> http://globalvoicesonline.org/2008/10/30/recession-hits-singapore/</ref>. In 2008 they experienced their first severe recession in living memory. The financial sector was hit hardest as well as manufacturing and cargo. Singapore has many migrant workers who were sent home but the impact on the average Singaporean was less severe.		10 years ago I lived in Singapore; a country with no natural resources other than its highly educated population. The main drivers of the economy were consumer manufactured products, shipping and financial services. Singapore had never known a period of negative growth in recent decades. The Asian Banking crisis of 1997 merely slowed their rapid growth and it responded to the crisis by allowing the currency to slowly devalue <ref> http://globalvoicesonline.org/2008/10/30/recession-hits-singapore/</ref>. In 2008 they experienced their first severe recession in living memory. The financial sector was hit hardest as well as manufacturing and cargo. Singapore has many migrant workers who were sent home but the impact on the average Singaporean was less severe.

174.101.206.109: /* 1. Germany`s role in the global economy */

2011-01-27T01:18:34Z

1. Germany`s role in the global economy

← Older revision		Revision as of 19:18, 26 January 2011
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	[ii]. The record growth rate was mostly driven by a rebound in exports of manufactured products. I think part of the recovery is due to the fact that it maintains strong trading ties with both Chinese-dominated Asian markets as well as Western trading blocs, thus reducing its exposure to economic downturns in either market. Singapore is an enigma in that it has weak democratic structures yet there is little governmental interference in the running of the economy and low taxes. This is a sucessful model for them but not a model that is easily exported to other countries perhaps.		[ii]. The record growth rate was mostly driven by a rebound in exports of manufactured products. I think part of the recovery is due to the fact that it maintains strong trading ties with both Chinese-dominated Asian markets as well as Western trading blocs, thus reducing its exposure to economic downturns in either market. Singapore is an enigma in that it has weak democratic structures yet there is little governmental interference in the running of the economy and low taxes. This is a sucessful model for them but not a model that is easily exported to other countries perhaps.

	==1. Germany`s role in the global economy==		===1. Germany`s role in the global economy===

	as stated in the Guardian and elsewhere (e.g. http://www.guardian.co.uk/business/2010/dec/08/german-exports-show-surprise-drop?INTCMP=SRCH or http://www.financemarkets.co.uk/2010/08/13/germany%E2%80%99s-economic-growth-boosted-by-exports/) the export sector still is the engine of our economy. Till recently Germany was well-recognized as the "export world champion" although it lost its pole position to the emerging superpower of China (e. g. http://www.dw-world.de/dw/article/0,,2340069,00.html). Due to its economic power German media often tend to call Germany the "milkmachine" of the EU - which is highly polemic in fact. Our main exports are: Machinery, vehicles and chemicals.		as stated in the Guardian and elsewhere (e.g. http://www.guardian.co.uk/business/2010/dec/08/german-exports-show-surprise-drop?INTCMP=SRCH or http://www.financemarkets.co.uk/2010/08/13/germany%E2%80%99s-economic-growth-boosted-by-exports/) the export sector still is the engine of our economy. Till recently Germany was well-recognized as the "export world champion" although it lost its pole position to the emerging superpower of China (e. g. http://www.dw-world.de/dw/article/0,,2340069,00.html). Due to its economic power German media often tend to call Germany the "milkmachine" of the EU - which is highly polemic in fact. Our main exports are: Machinery, vehicles and chemicals.

174.101.206.109: /* How did different countroes fare in the credit crunch */

2011-01-27T01:18:04Z

How did different countroes fare in the credit crunch

@@ Line 60: / Line 60: @@
 .      It is well documented in the reading that Economic Globalization was a phenomenon is previous eras most notably between 1870 and 1913 when trade and world output grew considerably as the result of trade between Britain and its Empire (and the French and Dutch trading empires) and the emerging dominance of the US economy. In fact world trade did not reach pre-1913 levels again until 1968[i]. What is unprecedented is the globalization the financial system; especially the flow of money and the interconnectedness of financial systems so much so that defaulting mortgage holders in the US can eventually cause a run on the bank in the UK!
-==How did different countroes fare in the credit crunch==
+==How did different countries fare in the credit crunch==
 years ago I lived in Singapore; a country with no natural resources other than its highly educated population. The main drivers of the economy were consumer manufactured products, shipping and financial services. Singapore had never known a period of negative growth in recent decades. The Asian Banking crisis of 1997 merely slowed their rapid growth and it responded to the crisis by allowing the currency to slowly devalue <ref> http://globalvoicesonline.org/2008/10/30/recession-hits-singapore/</ref>. In 2008 they experienced their first severe recession in living memory. The financial sector was hit hardest as well as manufacturing and cargo. Singapore has many migrant workers who were sent home but the impact on the average Singaporean was less severe.
@@ Line 66: / Line 66: @@
 Singapore’s rebound has been remarkable with GDP growth at 16% last quarter year on year <ref>http://www.ft.com/cms/s/0/07337024-63bf-11df-a32b-00144feab49a.html#axzz1CBMWFJRI</ref>
 [ii]. The record growth rate was mostly driven by a rebound in exports of manufactured products. I think part of the recovery is due to the fact that it maintains strong trading ties with both Chinese-dominated Asian markets as well as Western trading blocs, thus reducing its exposure to economic downturns in either market. Singapore is an enigma in that it has weak democratic structures yet there is little governmental interference in the running of the economy and low taxes. This is a sucessful model for them but not a model that is easily exported to other countries perhaps.

174.101.206.109 at 01:16, 27 January 2011

2011-01-27T01:16:50Z

← Older revision		Revision as of 19:16, 26 January 2011
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	<references>		<references/>

	[[Category:Globalization]]		[[Category:Globalization]]