Bøker av Robert C. Feenstra

The economies of South Korea and Taiwan in the second half of the twentieth century are to scholars of economic development what the economy of Britain in the late eighteenth and early nineteeth centuries is to economic historians. This book, first published in 2006, is a collaboration between a leading trade economist and a leading economic sociologist specializing in East Asia, and offers an explanation of the development paths of post-World War II Korea and Taiwan. The ambitions of the authors go beyond this, however. They use these cases to reshape the way economists, sociologists, and political scientists will think about economic organization in the future. They offer nothing less than a theory of, and extended evidence for, how capitalist economies become organized. One of the principal empirical findings is that a primary cause for the industrialization of East Asia is the retail revolution in the United States and the demand-responsiveness of Asian manufacturers.

Along with its painful economic costs, the financial crisis of 2008 raised concerns over the future of international policy making. This book includes contributions that consider the ways in which the global economic order might address the challenges of globalization that have arisen over the years and has intensified by the recent crisis.

In less than three decades, China has grown from playing a negligible role in world trade to being one of the world's largest exporters. This book investigates the effects of China's new status. It provides a detailed analyses of the microstructure of trade, the macroeconomic implications, sector-level issues, and foreign direct investment.