Suchergebnisse

Part I The Background to the Russo-Ukrainian War and Contextual Factors -- 1 Beginnings of the Russo-Ukrainian War -- 2 Turning Points in the Russo-Ukrainian War -- 3 The West and Russia: Frozen Relations Between the UK and Russia for Decades -- 4 Energy Perspectives -- Part II The Implications of an Energy Import or Export Boycott -- 5 A Russian Energy Import Boycott by Germany or the EU as a Policy Option? -- 6 A Russian Gas Supply Boycott Against Western Countries -- 7 Asia and the Global Effects of an EU Energy Import Boycott of Russia -- Part III Wider Economic Challenges Arising from the Russo-Ukrainian War -- 8 EU-China-Russia: Macroeconomic Aspects and Multinational Enterprises -- 9 Ukrainian Refugees and Ukrainian Guest Workers in EU Countries and Their Effects on Ukraine and the EU -- 10 Key Ukraine-related Emigration Aspects and EU Enlargement Risks with Ukraine -- 11 International Aid Pledges to Ukraine: Coverage, Effects, and Potential Challenges -- Part IV The Implications for a New Global Economic Order -- 12 Scenario Perspectives -- 13 A New Global Economic Order -- 14 Free Trade, Freedom, the Rule of Law, and Democracy Belong Together.

This book presents a cutting-edge analysis of the economic effects and challenges of Russias invasion of Ukraine, with a special focus on EU sanctions on Russian energy exports and Ukraines political relationship with the European Union in a global context. Key macroeconomic perspectives on the ongoing conflict between Russia and Ukraine are outlined, highlighting in particular how sanctions imposed by the international community will have a wider economic impact than what has been envisaged thus far. The book discusses the effects of Russian gas supply boycotts against Western countries as well as the global effects of an EU energy import boycott on Russia, especially for the Asian continent. An innovative proposal to cut electricity prices is presented. It also explores the challenges to relations between the EU, China and Russia caused by the invasion, the effects of the unfolding refugee crisis (within a post-Brexit EU), military and humanitarian aid pledges to Ukraine, and the risks of reduced multilateralism within the world economy as a direct result of the war. The book also analyzes the risks and benefits of a potential enlargement of the EU to integrate Ukraine as a member state. The topics covered by the book are all set within a long-run view of diplomatic and economic relations between the West, Russia and Ukraine. The factors analyzed here provide a new, broader picture of the international effects of the conflict, as well as its potential implications for policy design as we enter a new global order marked by the Russo-Ukrainian war. The book will be of interest to researchers and policymakers working in International Economics, New Political Economy, European politics and integration, and macroeconomics more broadly. Paul J. J. Welfens is a long-time researcher of Russian economic development and European integration as well as an expert on EU-US and EU-China economic relations. He is President of the European Institute for International Economic Relations (EIIW) at the University of Wuppertal, where he also holds the Jean Monnet Chair in European Economic Integration and the Chair of Macroeconomic Theory and Policy. He is also a Non-Resident Senior Research Fellow at AICGS/Johns Hopkins University, Washington DC.

Die Globalisierung schreitet via Phänomen der Technoglobalisierung – inklusive Internationalisierung von Innovations- und Patentdynamik – voran. Diese Entwicklungen werden mit Blick auf europäische und globale Leitmärkte untersucht, wobei neben der IKT-Dynamik in Asien vor allem Erneuerbare Energien, Nachhaltiges Bauen und die Digitalisierung der Gesundheitspolitik sowie öffentliche Beschaffungsmärkte im Fokus sind. Neue Optionen der Innovations-, Wachstums- und Integrationspolitik werden thematisiert – auf Basis der zahlreichen neuen Befunde. Für die deutsche und europäische Industrie und die modernen Dienstleistungssektoren ergeben sich wesentliche Schlussfolgerungen

Part I: The Background to Trumpism and Economic Explanations -- Chapter 1: introduction -- Chapter 2: Inequality, US Survey Results and Economic Analysis: The Case for Structural Trumpism -- Chapter 3: Protectionist US Policy and Expansionary Fiscal Policy: Ongoing Contradictions -- Part II: Transatlantic Economic Relations -- Chapter 4: Trade, Employment and Transatlantic Policy Aspects -- Chapter 5: EU Reform Problems and the Rise of Populism in Europe -- Part III: US-Asian and Global Economic Perspectives -- Chapter 6: US-Asia-EU Perspectives -- Chapter 7: China Risks and Challenges -- Part IV: Policy Innovations and Systemic Reforms -- Chapter 8: Policy Conclusions for International Organizations -- Chapter 9: International Policy Conclusions -- Chapter 10: Canada, the United States and Eurozone: Implications for US Reforms

Preface -- Reference -- About the Book -- Contents -- List of Figures -- List of Tables -- 1: Green Innovations and CO2 in a Growth Perspective: A Neoclassical Model -- 1.1 A Rational Approach to Promotion of Green Innovation -- 1.1.1 Taxation and Subsidies as a Means to Internalize External Effects -- 1.1.2 Economic Growth -- 1.1.3 Traditional Neoclassical Growth Modeling -- 1.2 Technological Progress and RandD -- 1.2.1 Golden Rule Aspects in an Economy with Technological Progress -- 1.2.2 Extensions of the Neoclassical Growth Model -- 1.2.3 Growth Model with RandD and Emissions -- 1.2.4 Growth in a World with Negative External Effects: CO2 Emissions and Hybrid Welfare -- 1.3 Policy Perspectives -- 1.3.1 Taxation, Risk, and Innovation -- 1.3.2 Liability Rules and Insurance Costs -- 1.3.3 Green Rating and Capital Markets -- 1.3.4 Double Sustainability -- Appendix -- A.1 The Genuine Savings Rate -- A.2 ICT and Dematerialization -- A.3 Selected Statistics on Renewable Energy Related Patents -- A.4 Human Capital and Growth -- A.5 The Green Variant of the QUEST Model -- A.6 CO2 Emissions by Sector in Selected Countries (Figures and Key Points Are Quotes from International Energy Agency) -- A.7 CO2 Intensity in Selected Countries -- A.8 Total Gross Domestic Product (TGDP) -- References -- 2: Innovation, Inequality, and a Golden Rule for Growth in an Economy with RandD -- 2.1 New Quasi-endogenous Growth Model with Biased Technological Progress -- 2.2 Policy Conclusions -- Appendix -- A.1 Perspectives on Meeting the Golden Rule in Selected Countries (Difference Refers to Real GDP Growth Minus Real Interest Ra... -- A.2 Genuine and Adjusted Gross Savings (beta=33.33%) -- A.3 Info on Tax Revenue, Total Tax Revenue as % of GDP -- A.4 The Link Between TFP Growth and the RandD-GDP Ratio, Regression Results -- References

Economic globalization is a complex phenomenon where the links between social security expenditures and globalization are not well understood so far. This study summarizes new key findings and highlights new theoretical insights in the field of social security systems, labor standards, taxation and economic globalization. Moreover, new thoughts on the links between social security systems and migration as well as between free trade areas and social market economy development are presented: The book analyzes the role of a changing age dependency using a Branson model and it derives implications for the stock market price index, the exchange rate and the interest rate. Economic globalization needs to be politically managed and through the Transatlantic Banking Crisis and the Euro Crisis the need to more carefully draw the rules of the game for financial globalization has been highlighted. Unstable financial markets have a large potential to undermine social market economies and social security systems. The rising income inequalities within countries raise more policy challenges for Europe than for the US