Suchergebnisse

1. In a dark shadow -- 2. This world of ours got into a trap -- 3. Nothing justifies Russia's invasion of Ukraine -- 4. The US should not provoke Taiwan to declare independence -- 5. The fifth partition of Poland is being prepared? -- 6. How many years will this war last? -- 7. Against whom the people's anger turns -- 8. The economics of sanctions work differently from their politics -- 9. Sanctions are intended to bring about the results desired by their enforcers -- 10. Great inflation is a delayed invoice for a pandemic and a prepayment for war -- 11. A very expensive war is getting even more expensive -- 12. Globalization has taken a few powerful blows but has not been knocked out -- 13. Help Ukraine to rise from the ruins -- 14. The Second Cold War is a world war -- 15. The more NATO grows, the less secure Europe is? -- 16. Nostalgia for authoritarian regimes sets in -- 17. All scenarios are black, although the geography of the frying will vary -- 18. Where to get these billions and trillions -- 19. Euro-Atlantic and Euro-Asian mega-systems can peacefully compete and cooperate -- 20. Something far worse than the seven plagues of the Bible -- Bibliography -- Index.

It is an inspiring, interdisciplinary study in the field of social sciences that analyses the most important challenges facing the world economy and modern civilization. Grzegorz W. Kolodko explains in a comprehensible way the contradictions of ideas and interests and practical ways of solving them and its implications for our future.

Cover -- Half Title -- Title Page -- Copyright Page -- Contents -- List of Contributors -- Introduction -- PART I: GLOBALIZATION, TRANSFORMATION AND GROWTH -- 1 Globalization and Catching-up inEmerging Market Economies -- 1. Introduction -- 2. Back to the Future -- 3. The Contem porary Phase of Globalization -- 4. The Emerging M arkets -- 5. Development Gap and Catching-up -- 6. Determinants of Fast Growth -- Notes -- References -- 2 Transition as Development -- From Ideology to Sustainable Development -- The New Political Economy of Development -- Welfare Reforms and EU-maturity - a Special Feature of Central European Development -- Integration, Globalization and Questions -- Notes -- References -- 3 Governing Incomplete Globalization -- 1. Introduction -- 2. The Evolution of Globalization -- 3. A Benchmark for Complete Globalization -- 4. Global Governance Institutions -- 5. Trade Barriers and Regional Blocs -- 6. Six Puzzles -- 7. Globalization Benefits and Costs -- 8. Conclusions -- Notes -- PART II: ECONOMIC GROWTH IN THE MORE AND THE LESS GLOBALIZED ECONOMIES -- 4 Globalization and Economic Development: Can Sub-Saharan Africa Avoid Marginalization? -- 1. Introduction -- 2. African Participation in the Global Economy -- 3. What Should be Done by the International Community? -- 4. Policies for Promoting Development in a Globalizing World -- Note -- References -- 5 Globalization and Growth in the CIS -- Introduction -- The Economies of the CIS States -- The CIS Economies and Global Integration -- Economic Growth in the CIS and International Economic Integration -- Slow Reformers Begin to Hurt -- Smaller CIS Economies Struggle with Budget and Current Account Deficits -- Globalization and the Outlook for Future Economic Growth -- Notes -- 6 Reform, Growth and Slowdown: Lessons from Chile -- 1. Introduction -- 2. Economic Reforms in Chile

The study deals with challenging questions of long-term future of global economy and the mankind. Focusing not only on what happens in the economic sphere but also on cultural, social, political, demographic, technological, and ecological processes. It employs a holistic approach to answer fundamental questions about the course of the future

The huge leap forward made by the Chinese economy over the past four decades as a result of market reforms and openness to the world is awe-inspiring for some and anxiety-inducing for others. Questions arise as to whether the foundations of Chinese economic success are sustainable and whether economic growth will be followed by political expansion. China makes great use of globalization and is therefore interested in its continuation. At the same time, it wants to give globalization new features, specific Chinese characteristics. This is met with the reluctance of the current global hegemon, the United States, even more so as fears arise that China may promote abroad its original political and economic system—Chinism. However, the world is still big enough to accommodate all of our systems. Potentially, not necessarily. What we need to make it happen is a proper policy, which, in the future, must also involve its better coordination at a supranational level.

Is China still building socialism or has it already built capitalism? Or maybe both? Or maybe none of those two systems? Or maybe with the market reforms that deviate from the traditional socialism, it has created something different from the classical types of political and socio-economic regimes known from the 20th century? Some authors have proclaimed that there has been capitalism in China for some time; others claim that socialism has developed there, of course one with Chinese characteristics. Shortages have been successfully eliminated, but the economic system is unbalanced, showing surpluses this time. So, is it socialism, as the official Chinese authorities claim, or capitalism, as asserted by numerous economists? Tertium non datur? By no means, as there are yet other possibilities of system interpretations and the most fascinating of them is being offered by the present-day China, where a unique internal convergence is taking place. Features of socialism intermingle with essentials of capitalism and vice versa, creating a new, different quality. Tertium datur.

Of the 11 post-socialist states that have already become European Union members only five have joined the common currency Eurozone. The other six, including Poland, the region's largest economy, have, pursuant to accession treaties, the right and obligation to adopt euro as their currency. They fail to exercise their right and meet their obligation, which has both causes and consequences. These are economic and political in nature and that is why there is no certainty about how the situation will evolve in future. However, from both of those perspectives, and especially for economic reasons, Eastern European EU members should join the Eurozone, as the resulting benefits, not only for Poland, significantly outweigh the conversion costs. Thus, new countries, especially Poland, adopting euro would have a positive impact on the European integration process, which is experiencing a serious structural, institutional and political crisis.