ABSTRACT

As globalization continues apace, lines of communications are shortening and the boundaries between nations are becoming increasingly blurred. A global perspective is adopted on an increasing range of issues and this is particularly true of economics - no single nation can truly exist in isolation. The second edition of Horst Siebert's The World Economy treats the world as a single entity, considering issues of a global economy, rather than approaching international economics from the viewpoint of any one country. The key issues that have a affected the world trade system since the turn of the millennium are very much to the fore.

chapter 1|19 pages

The global view

part I|72 pages

The World Goods and Factor Markets and Economic Growth

chapter 2|27 pages

The world product markets

chapter 3|18 pages

The factor markets in the world economy

chapter 4|24 pages

Growth processes in the world economy

part II|67 pages

Monetary and Financial Markets

chapter 5|15 pages

Global money and currency markets

chapter 6|11 pages

Financial crises

chapter 7|15 pages

Currency crises

part III|72 pages

Regional Dimensions of the World Economy

chapter 9|18 pages

Developing countries

chapter 10|17 pages

The transformation countries

chapter 11|9 pages

Regional integration in the world economy

chapter 12|24 pages

The European Union

part IV|67 pages

National Economic Policy versus a World Economic Order

chapter 14|14 pages

Locational competition

chapter 15|5 pages

Using the national and global environment

chapter 16|27 pages

An institutional order for the world economy