This book presents the reasons for which, given the globalization brought about by the ICT revolution, both liberalism and realism are ill suited as guides for international relations. And it argues in favor of a third option: institutionalism. The liberal ideal of progress and peace, brought...

The author shows that although some short term factors have contributed to the recent food crisis in developing countries, the crisis is rooted mainly in agricultural support policies of developed countries, liberalization of the agricultural sector by developing countries and contradictions in...

“Does economic openness increase income?” is retested using quantity measures of trade, finance, and domestic economic size, and the short answer is: “It de-pends”. The results show that Africa and the Americas lose from both trade and financial openness, while Asia gains from trade...

Abstract The author argues in this chapter that trade liberalization in Africa during the last couple of decades has led to de-industrialization, slow growth of GDP, low level of investment, growing trade deficits, particularly in food items, in many African countries. This has been the case...

“Does economic openness increase income?” is retested using quantity measures of trade, finance, and domestic economic size, and the short answer is: “It de-pends”. The results show that Africa and the Americas lose from both trade and financial openness, while Asia gains from trade...

On the cusp of the millennium and as the century that was supposed to belong to Canada draws to a close, we find ourselves as a medium-sized nation exercising an influence out of all proportion to our size. This special issue on Canada in the Global Economy gives us a chance to sum up where we...

The author examines the impact of the external shock resulting from recent global economic crisis on industrialization of least developed countries. LDCs are marginalized in international trade and output, yet they are highly integrated into the world economy, suffer from structural weaknesses,...

In order to explore the prospective effects of what hails as the Beijing consensus, a conceptualization arguably near-synonymous with Beijing’s export-oriented strategy, the Article first discusses the state of the Chinese economy in the post-global financial crisis era. After reviewing some...

The impact of the USA's agoa preferences on SSA countries is studied using a matching approach. The results indicate that agoa beneficiaries have exported less to the USA compared to their matched controls. However, this has not been the case for their exports to the EU which has seen a higher...