The International Environment of Business: Competition and Governance in the Global Economy by Gerald M. MeierThe International Environment of Business: Competition and Governance in the Global Economy by Gerald M. Meier

The International Environment of Business: Competition and Governance in the Global Economy

byGerald M. Meier

Paperback | January 1, 1998

Pricing and Purchase Info

$104.50 online 
$129.95 list price save 19%
Earn 523 plum® points

Prices and offers may vary in store


Ships within 1-3 weeks

Ships free on orders over $25

Not available in stores


In an innovative way, The International Environment of Business, focuses on the fundamental forces of globalization and their implications for both private management in and public management of the changing world economy. The author approaches the subject matter in a way that cuts across thetraditional boundaries of business, economics, and international relations. The resulting integration provides the basis for an undertaking of international contextual analysis by managers for their practical tasks of diagnosing, predicting, and responding in their rapidly evolving international,economic, and political environment. The first five chapters establish -- in a substantial, yet concise manner -- some basic principles of international trade and finance. The emphasis is on dynamic comparative advantage, trade policy, international capital movements, and balance-of-payments policy in order to further an understandingof the conduct of international economic transactions and an evaluation of public policy. The analytical principles from these chapters are applied in a number of Policy Profiles that present real policy issues of contemporary and future importance in the world economy. A set of questions provides abasis for an extended discussion of each Policy Profile. For a more advance exposition of some analytical points, there are a number of statistical and technical appendices at the end of these chapters. The next four chapters examine problems that involve state/market relationships in a variety ofcountries and regions. A major structural change in the global economy is the new Europe -- the internal market integration of the European Union and the proposed movement to an Economic and Monetary Union. Also far reaching are the changes in Japan's global position, the question of "Japanomics",and Japan's transition to a new era. The newly industrialized countries (NICs) are also important actors in the global economy. But can the successful strategies of the Asian NICs be generalized to other developing countries? Also raising crucial questions about the future are the transitioneconomies of Central and Eastern Europe, the former Soviet Union, and China. What is their potential and what is the likelihood of free markets taking hold? In the final two chapters, the author summarizes managerial problems that arise when the forces of international economic integration conflict with national political autonomy, and synthesizes the overriding themes of global competition and global governance.
Gerald M. Meier is at Stanford University.
Title:The International Environment of Business: Competition and Governance in the Global EconomyFormat:PaperbackDimensions:480 pages, 7.4 × 9.09 × 1.1 inPublished:January 1, 1998Publisher:Oxford University Press

The following ISBNs are associated with this title:

ISBN - 10:0195116410

ISBN - 13:9780195116410


Table of Contents

Part I: The Organizing Framework1. Change and Challenge1.1. Statistical Appendix -- Global TrendsPart II: Analytic Foundations2. Dynamic Comparative Advantage2.1. Technical Appendix -- Factor Proportions Model of Trade2.2. Statistical Appendix -- Evolution of South Korea's Exports3. Trade Policy3.1. Technical Appendix -- Optimaility of Free Trade3.2. Technical Appendix -- Optimal Trade Interventions3.3. Policy Profile -- GATT and the World Trade Organization3.4. Statistica Appendix -- Anti-Dumping and Countervailing Duty Cases4. International Capital Flows4.1. Statistical Appendix -- Capital Flows4.2. Policy Profile -- Foreign Direct Investment in the United States4.3. Policy Profile -- External Debt Management5. Balance of Payments Policy5.1. Statistical Appendix -- International Transactions5.2. Technical Appendix -- Money and Income in an Open Economy5.3. Technical Appendix -- Price and Income Effects in the Adjustment Process5.4. Policy Profile -- Devaluation of Mexican Peso5.5. Policy Profile -- United States Deficit with JapanPart III: States and Markets6. New Europe7. Whither Japan?8. Developing Economies9. Transition EconomiesPart IV: Synthesis10. Global Competitiveness11. Global Governance

Editorial Reviews

"I had practically given up in my search for one text which I could use as a mandatory textbook in my course, until I read Professor Meier's book. I will use just about every chapter as assigned reading, and in very much the same order. As usual, congratulations to Professor Meier."--MauricioHerman, The Johns Hopkins University