The+world+economy.ppt

世界经济概论 (双语课程)
厦门大学经济学院国际经济与贸易系
林季红编
The World Economy
Dr Lin Jihong
Professor of Economics
Xiamen University
Contents
Lecture 1 Globalization
Lecture 2 Regional Economic Integration
Lecture 3 MNCs and FDI
Lecture 4 American Economy
Lecture 5 Japanese Economy
Lecture 6 German Economy
Lecture 7 Developing Economies
Lecture 8 Transitional Economies
Lecture 1
Globalization
Some Simple Facts About the Global Economy
In 2000:
World Trade Totaled $ Trillion.
About 63,000 Multi-National Corporations (MNCs) Operate in the Global Economy
Controlling About 690,000 Foreign Affiliates
Employing About 86 Million People.
Foreign Direct Investment Totaled $ Trillion.
About 30 Countries in Western Europe, North America, and Asia Account for About 75% of this International Economic Activity.
The Definition of Globalization
An increasingly interconnected world:
As a result of very rapid increases in munications puter-based technologies and products, a dramatic expansion in cross-border financial flows and within countries has emerged. The pace has e truly remarkable. These technology-based developments have so expanded the breadth and depth of markets that governments, even reluctant ones, increasingly have felt they have had little alternative but to deregulate and free up internal credit and financial markets.”
------Alan Greenspan, keynote address at the Cato Institute's 15th Annual ary Conference, October 14, 1997.
“Drivers” of Globalization: Declining Trade and Investment Barriers
Globalization of markets and production
the result of lowering of trade barriers
enabled by technological change
munications & microprocessors
High power/low puting
Increase in information processing capacity
The and the world-wide web
Transportation technology
Deregulation of Capital Control
International Trade
Industrial Revolution
GATT-Based System
World Trade Growth