A B C D E F G H I J K L M N O P Q R S T U V W X Y Z All
Anil, Kanwal
- De-Globalization and Impact of Brexit on Global Economy and SAARC Nations
Authors
1 Ambedkar University Delhi, Delhi, IN
Source
International Journal of Business Ethics in Developing Economies, Vol 7, No 1 (2018), Pagination: 32-40Abstract
The paper attempts to discuss the new and upcoming concept of de-globalization in the context of the latest issue making waves on the international circuit, that is, Brexit—the exit of Britain from the European Union (EU) through a referendum held on 23rd June 2016.
The paper first builds upon the historical context of the term ‘globalisation’, its genesis and history and throws light on the economic, political and cultural connotations of the term. It then moves on to discuss and define the upcoming and pertinent issues, which have surfaced to the forefront of the developed economies like ‘Corporate capitalism’, ‘Neoliberalism’, ‘Alter or Anti-globalisation’, and now finally ‘de-globalisation’. By connecting these dots together, the paper attempts to bring about the impact of Brexit on Britain, the EU, and world economy at large by specifically bringing out arguments in favour and against the Brexit proposal. The paper further delves down to discuss, underline, and elaborate on the lessons, which the South Asian Association for Regional Cooperation nations, especially India, can learn from this policy of de-globalization being adopted by the British economy.
Keywords
Globalisation, De-Globalisation, Brexit.
References
- Bergeijk, P. (2010). On the brink of deglobalization an alternative perspective on the causes of the world trade collapse. Edward Elgar Publishing.
- Chowdhury, I. A. (2016). Brexit, Bangladesh, and a Tale of Time-Tested Ties. ISAS Brief No. 437 Institute of South Asian Studies National University of Singapore.
- Cimoli, M., & Dosi, G. (1995). Technological paradigms, patterns of learning and development: An introductory roadmap. Journal of Evolutionary Economics, 5(3).
- Dervis, K. (2005). A better globalization, legitimacy, governance and reform. Washington D.C.: Brookings Institution Press for the Centre for Global Development.
- Fischer, S. (2003). Globalization and its challenges. American Economic Review, 93, 1-30.
- Gamble, A., Lavery, S., Hay, C., Daniel Bailey, Kastner, L., & Cadywould, C. (2017). Brexit Britain: Where does the UK growth model go from here? Diverging Capitalisms? Series Brief No. 3.
- Grenade, W. (2016). Paradoxes of Regionalism and Democracy: Brexit’s Lessons for the Commonwealth. The Round Table, The Commonwealth Journal of International Affairs.
- Heckscher, E. (1919). The effect of foreign trade on the distribution of income. Ekonomisk Tidskriff, 497–512. Translated as chapter 13 in American Economic Association, Readings in the Theory of International Trade, Philadelphia: Blakiston, 1949, 272–300, and a new translation is provided in Flam and Flanders.
- Hillebrand. E. E. (2010). Deglobalization scenarios: Who wins? Who loses? Global Economy Journal, 10(2), Art. 3. The Berkeley Electronic Press, Berkley.
- http://blogs.ft.com/the-exchange/2017/02/06/protectionism-and-deglobalisation-spell-inflation-and-debt-defaults/
- International Monetary Fund. (2000). Globalization: Threats or Opportunity. 12 April 2000: IMF Publications.
- Lee, E., & Vivarelli, M. (2006). The Social Impact of Globalization in the Developing Countries. Discussion paper series (No.1925) The Institute for Study of Labor, Bonn.
- Levitt, T. (1983). The globalisation of markets. Harvard Business Review.
- Max Mende, P., Papadavid, P., & Velde, W. D. (2016). Brexit and development .How will developing countries be affected. Special report of Overseas Development Institute, UK.
- Ocampo, J. A. (2010). Rethinking global economic and social governance. Journal of Globalization and Development, 1(1), Article 6.
- Ohlin, B. (1933). Interregional and international trade. Cambridge, Mass.: Harvard University Press, 1966.
- Payne, T. (2016). Who dun Brexit: Globalisation’ or global neoliberalism?. Speri.comment: The political economy blog, The University of Sheffield, United Kingdom.
- Payne, T. (2017). De-globalisation’, or ‘re-globalisation’? Speri. comment: The political economy blog, The University of Sheffield, United Kingdom.
- Reddy, S. G., Pogge, T. (2010). How to not count the poor. Debates on the Measurement of Global Poverty.
- Samimi, P., & Jenatabadi, H. S. (2014). Globalisation and economic growth: Empirical evidence on the role of complentarities. PLOS ONE, 9(4), e87824. doi:10.1371/journal.pone.0087824.
- Watkins, K. (2002). Making Globalization Work for the Poor. Finance and Development. IMF Journal, 39(1).
- World Bank. (2016). Global Economic Prospects: Divergences and Risks. Retrieved from http://www.worldbank.org/en/publication/global-economic-prospects
- WTO. (2016). WTO report on G-20 Trade Measures (mid October-2015 to mid-May 2016), 21 June 2016. Retrieved from https://www.wto.org/english/news_e/news16_e/trdev_21jun16_e.htm.
- Yusuf, S. (2001). Globalization and the Challenge for Developing Countries. World Bank Policy Research Working Paper No. 2618.