Globalization of dependence in terms of convergence: challenges to interstate interaction
Keywords:
economic dependence, convergence, globalization, economic development, economic openness, macroeconomic policy, inequalityAbstract
The article deals with the paradoxes of globalization that exacerbate the problem of economic convergence. Differences in states' socioeconomic development lead to deepening of the divergence features. The economic openness, terms of trade, the effects of macroeconomic policies implemented by large countries, movement of capital and labor become dependence producers in the globalization era.References
Кравчук Н.Я. Диверегнція глобального розвитку: сучасна парадигма формування геофінансового простору / Наталія Кравчук. – К.: Знання, 2012. – 782 с.
Berry H. Is the world becoming smaller? Globalization and convergence across countries [Electronic resource] / H. Berry, Mauro F. Guillen, Arun S. Hendi. – Mode of access: http://siteresources.worldbank.org/INTRANETTRADE/Resources/Internal-Training/287823- 1256848879189/6526508-1283456658475/Mauro_Guillen.pdf
Rostow W. The stages of economic growth [Electronic resource] / W. Rostow. – Mode of access: http://vi.uh.edu/pages/buzzmat/WWR.pdf
Steger Thomas M. On the Mechanics of Economic Convergence [Electronic resource] / Thomas M. Steger // German Economic Review. – 2006. – Vol. 7(3). – P. 317-337. – Mode of access: http://www.cer.ethz.ch/resec/people/tsteger/speed_of_convergence.pdf
Robertson R. Globalization: Social Theory and Global Culture / R. Robertson. – London: Sage Publications, 1992. – 224 p.
Frankel J. Estimating the effect of currency unions on trade and output. [Electronic resource] / J. Frankel, A. Rose. – Mode of access: http://ideas.repec.org/p/nbr/nberwo/7857.html
Хелпман Э. Загадки экономического роста / Э. Хелпман; [пер. с англ. А. Калинина; под ред. М. Ханаевой, Е. Синельниковой]. – М.: Изд. Института Гайдара, 2012. – 239 с.
Smith D.A. Structure and Dynamics of the Global Economy: Network Analysis of International Trade, 1965-1980 [Electronic resource] / D. Smith, Douglas R. White // Social Forces. – 1992. – Vol. 70. – P. 857-893. – Mode of access: http://eclectic.ss.uci.edu/~drwhite/pw/GlobalEcon1992.pdf
Chase-Dunn C. Rise and Demise: Comparing World-Systems [Electronic resource] / C.Chase-Dunn, T.-D. Hall // Boulder: Westview Press. - 1997. - Mode of access: http://abuss.narod.ru/Biblio/rise_demise149-199.htm.
Meyer J. World Society and the Nation-State [Electronic resource] / J. W. Meyer, J. Boli, G.M. Thomas, F. O. Ramirez // American Journal of Sociology. – 1997. – Vol. 103 (1). – P. 144-181. – Mode of access: http://www.sociology.uiowa.edu/nsfworkshop/JournalArticleResources/Meyer_World_Society_1997.pdf
Brown A.G. Free Trade Agreements and the Governance of the Global Trading System [Electronic resource] / A.G. Brown, R.M. Stern. – Mode of access: http://ipc.umich.edu/working-papers/pdfs/ipc-113-brown-stern-free-trade-agreements-governance-global-trading-system.pdf
Thursby J. Bilateral trade flows, the Lindner hypothesis and exchange risk / J. Thursby, M. Thursby // The Review of Economics and Statistics. – 1987. – Vol. 69. – P. 488-495.
Bayoumi T. Is regionalism simply a Diversion? Evidence from the Evolution of the EC and EFTA [Electronic resource] / T. Bayoumi, B. Eichengreen. – Mode of access: http://ideas.repec.org/h/nbr/nberch/8599.html
Leonardi R. Convergence, Cohesion, and Integration in the European Union / R. Leonardi. – New York: St. Martin’s Press, 1995. – 298 p.
Soloaga I. Regionalism in the Nineties: What Effect on Trade? [Electronic resource] / I. Soloaga, L.A. Winters. – Mode of access: http://ideas.repec.org/p/cpr/ceprdp/2183.html 16. Fligstein N. Constructing markets and politics: An institutionalist account of European integration / N. Fligstein, Alec S. Sweet // American Journal of Sociology. – 2002. – Vol. 107. – No. 5. – P. 1206-1243.
Ros J. Divergence and growth collapses: Theory and empirical evidence / J. Ros // Beyond Reforms, Structural Dynamics and Macroeconomic Vulnerability / J.A. Ocampo. – Stanford: Stanford University Press4 World Bank Publications, 2005. – P. 211-232.
Maddison A. The World Economy: A Millennial Perspective, Development Centre Studies / A. Maddison. – Paris: OECD, 2001. – 384 p.
Prebisch R. The Economic Development of Latin America and Its Principal Problems [Electronic resource] / R. Prebisch. – Mode of access: http://archivo.cepal.org/pdfs/cdPrebisch/002.pdf
Bianchi A.M. Albert Hirschman in Latin America: Notes on Hirschman´s Trilogy on Economic Development [Electronic resource] / A.M. Bianchi. – Mode of access: http://www.anpec.org.br/encontro2004/artigos/A04A004.pdf
Cárdenas E. The Export Age: the Latin American Economies in the Late Nineteenth and Early Twentieth Centuries / E. Cárdenas, J.A. Ocampo, R. Thorp // An economic history of twentieth-century Latin America. Basingstoke / E. Cárdenas, J.A. Ocampo, R. Thorp. – New York: Palgrave, 2000. – Vol. 1. – 344 p.
Cripps T.F. Growth in advanced capitalist economies: 1950-1970 / T.F. Cripps, R.J. Tarling. – Cambridge: Cambridge University Press, 1973. – 58 p.
Arthur W.B. Increasing returns and the new world of business / W.B. Arthur // Harvard Business Review. – 1996. – Vol. 74. – No. 4. – P. 100- 109.
Arthur W.B. Path-dependent processes and the emergence of macrostructure / W. B. Arthur, Y.M. Ermoliev, Y.M. Kaniovski // European Journal of Operational Research. – 1987. – Vol. 30. – No. 3. – P. 294-303.
Easterly W. The Big Push deja-vu: A review of Jeffrey Sachs’s “End of Poverty:Economic Possibilities for Our Time” / W. Easterly // Journal of Economic Literature. – 2006. – Vol. 44. – No. 1. – P. 96-105.
Rodrik D. In Search of Prosperity: Analytical Narratives on Economic Growth / D. Rodrik. – Princeton, NJ: Princeton University Press, 2003. – 520 p.
