Matias Vernengo
- Published in print:
- 2006
- Published Online:
- May 2007
- ISBN:
- 9780195189322
- eISBN:
- 9780199783823
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195189322.003.0008
- Subject:
- Economics and Finance, International
This chapter examines the growth and distributional impacts of Malaysia's policy of maintaining open current and capital accounts. Malaysia's external liberalization policy initiatives are described. ...
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This chapter examines the growth and distributional impacts of Malaysia's policy of maintaining open current and capital accounts. Malaysia's external liberalization policy initiatives are described. Malaysia's external liberalization experience is then analyzed, followed by an assessment of the macroeconomic impact of external liberalization à la Berg and Taylor (2000). The socio-economic impacts of external liberalization are dealt with in the following section. The final section provides a more detailed discussion of certain aspects of external liberalization, focusing on international trade, foreign direct investment, international finance, intellectual property rights, and international economic governance.Less
This chapter examines the growth and distributional impacts of Malaysia's policy of maintaining open current and capital accounts. Malaysia's external liberalization policy initiatives are described. Malaysia's external liberalization experience is then analyzed, followed by an assessment of the macroeconomic impact of external liberalization à la Berg and Taylor (2000). The socio-economic impacts of external liberalization are dealt with in the following section. The final section provides a more detailed discussion of certain aspects of external liberalization, focusing on international trade, foreign direct investment, international finance, intellectual property rights, and international economic governance.
Debarati Guha-Sapir and Indhira Santos (eds)
- Published in print:
- 2013
- Published Online:
- September 2013
- ISBN:
- 9780199841936
- eISBN:
- 9780199950157
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199841936.001.0001
- Subject:
- Economics and Finance, Development, Growth, and Environmental
Natural disasters, in particular climate related ones, are increasing in frequency. Along with this, their socio economic impacts have doubled or even tripled. These trends present important ...
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Natural disasters, in particular climate related ones, are increasing in frequency. Along with this, their socio economic impacts have doubled or even tripled. These trends present important challenges to policy makers at national and international levels, especially within the context of climate change and global warming. This book focuses on the economic impact of these catastrophic events. The first part critically reviews economic tools currently available to measure and analyze impact on national economies as well as household welfare. It also examines ex-ante and ex-post mechanisms to deal with the effects of disasters and the relationship between extreme natural events and climate change. The authors discuss methods related to the valuation of disaster losses and their impact on non-marketed goods like the environment as well as balancing risks, costs and benefits of disaster management. Case studies from different economic settings are then presented. Examples from industrialized countries, including Netherlands and Japan, consider cost benefit analysis, micro-level consumption and insurance patterns. Cases from developing countries such as Nicaragua and Bangladesh cover topics ranging from informal mechanisms of inter-household transfers and their relations to public aid schemes, to flood loss management for adaptation options. The book concludes with concrete research and policy priorities that are relevant at national and international levels. It opens up new avenues for thinking and debate, emphasizing the need for better evidence of the socio economic effects of disasters and better policies to reduce impact.Less
Natural disasters, in particular climate related ones, are increasing in frequency. Along with this, their socio economic impacts have doubled or even tripled. These trends present important challenges to policy makers at national and international levels, especially within the context of climate change and global warming. This book focuses on the economic impact of these catastrophic events. The first part critically reviews economic tools currently available to measure and analyze impact on national economies as well as household welfare. It also examines ex-ante and ex-post mechanisms to deal with the effects of disasters and the relationship between extreme natural events and climate change. The authors discuss methods related to the valuation of disaster losses and their impact on non-marketed goods like the environment as well as balancing risks, costs and benefits of disaster management. Case studies from different economic settings are then presented. Examples from industrialized countries, including Netherlands and Japan, consider cost benefit analysis, micro-level consumption and insurance patterns. Cases from developing countries such as Nicaragua and Bangladesh cover topics ranging from informal mechanisms of inter-household transfers and their relations to public aid schemes, to flood loss management for adaptation options. The book concludes with concrete research and policy priorities that are relevant at national and international levels. It opens up new avenues for thinking and debate, emphasizing the need for better evidence of the socio economic effects of disasters and better policies to reduce impact.
Philip Martin
- Published in print:
- 2019
- Published Online:
- April 2019
- ISBN:
- 9780198834557
- eISBN:
- 9780191872655
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/oso/9780198834557.003.0010
- Subject:
- Economics and Finance, Public and Welfare
US researchers have reached more consensus on the number and characteristics of migrants than on their socio-economic impacts, especially with regard to unauthorized migrants. When there is consensus ...
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US researchers have reached more consensus on the number and characteristics of migrants than on their socio-economic impacts, especially with regard to unauthorized migrants. When there is consensus among social scientists on some aspect of migration, such as the additional economic output due to the presence of migrants, this consensus result suggests very different policies for advocates. For example, the finding that the US economy may have been up to $10 billion larger in the 1990s due to migrants was touted by advocates of more migrants as proof of their benefits, and criticized by those favouring less migration as the equivalent of two weeks economic growth. President Trump is an example of a policy-maker selectively using migration research to justify restrictionist policies.Less
US researchers have reached more consensus on the number and characteristics of migrants than on their socio-economic impacts, especially with regard to unauthorized migrants. When there is consensus among social scientists on some aspect of migration, such as the additional economic output due to the presence of migrants, this consensus result suggests very different policies for advocates. For example, the finding that the US economy may have been up to $10 billion larger in the 1990s due to migrants was touted by advocates of more migrants as proof of their benefits, and criticized by those favouring less migration as the equivalent of two weeks economic growth. President Trump is an example of a policy-maker selectively using migration research to justify restrictionist policies.
Welf Werner
- Published in print:
- 2016
- Published Online:
- December 2016
- ISBN:
- 9780198754916
- eISBN:
- 9780191816406
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780198754916.003.0010
- Subject:
- Business and Management, Finance, Accounting, and Banking, International Business
In this chapter, Welf Werner examines the growing attention that natural catastrophes have attracted in recent times. He compares the increase in scientific interest in the matter to the still modest ...
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In this chapter, Welf Werner examines the growing attention that natural catastrophes have attracted in recent times. He compares the increase in scientific interest in the matter to the still modest level of financial and economic perspective given to the effects of natural catastrophes and the role of the insurance and reinsurance industry. Werner looks at market-changing events such as the San Francisco Earthquake in 1906 and the hurricanes Betsy (1965), Andrew (1992), and Katrina (2005), and points to the gradually changing reporting on such events, with more scientific and macroeconomic data accessed, but also industry-relevant considerations, and, finally, reporting on socio-economic impacts having a higher impact.Less
In this chapter, Welf Werner examines the growing attention that natural catastrophes have attracted in recent times. He compares the increase in scientific interest in the matter to the still modest level of financial and economic perspective given to the effects of natural catastrophes and the role of the insurance and reinsurance industry. Werner looks at market-changing events such as the San Francisco Earthquake in 1906 and the hurricanes Betsy (1965), Andrew (1992), and Katrina (2005), and points to the gradually changing reporting on such events, with more scientific and macroeconomic data accessed, but also industry-relevant considerations, and, finally, reporting on socio-economic impacts having a higher impact.
