The unprecedented shifts in the U.S. dollar's exhange rate that started during the late 1970s and continued through the 1980s provide an ideal opportunity to explore how the global economy works and the role that multinational enterprises (MNEs) play in the phenomenon of globalization. In this book, Subramanian Rangan and Robert Z. Lawrence examine the international pricing, sourcing, and trade responses of MNEs to shifts in the dollar. Based upon the micro patterns they observe in MNE behavior, the authors suggest explanations for some puzzling macro patterns evident in our international economy. They conclude that the global integration of markets remains incomplete due to informational and other important discontinuities, and they refute stereotypes which portray multinational firms as either footloose or inflexible. Policy implications for exchange rates, trade, and foreign direct investment are also discussed.
U.S. international (export and import) prices enter into the calculations of the U.S. GDP deflator and the U.S. inflation index. Over the past couple of decades, as the international sector of the U.S. economy has shot up in relative importance, concern for the correctness of those international prices has grown too (see Alterman, 1997). Correct measurement of international prices is, however, a challenging task made more complicated by multinational firms' intrafirm transfer pricing. Considerable research has been devoted to understanding multinational transfer pricing (see Eden, 2000). By comparison, however, relatively little has gone into understanding the very driver of the multinational transfer pricing issue, viz., multinational intrafirm trade. It is, hence, this latter topic that I want to take up in this paper.
The unprecedented shifts in the U.S. dollar's exhange rate that started during the late 1970s and continued through the 1980s provide an ideal opportunity to explore how the global economy works and the role that multinational enterprises (MNEs) play in the phenomenon of globalization. In this book, Subramanian Rangan and Robert Z. Lawrence examine the international pricing, sourcing, and trade responses of MNEs to shifts in the dollar. Based upon the micro patterns they observe in MNE behavior, the authors suggest explanations for some puzzling macro patterns evident in our international economy. They conclude that the global integration of markets remains incomplete due to informational and other important discontinuities, and they refute stereotypes which portray multinational firms as either footloose or inflexible. Policy implications for exchange rates, trade, and foreign direct investment are also discussed.
The Great Ones- Vol. IiiLike Its Predecessor Volumes, One And Two, The Great Ones, Volume Three Continues To Deal With The Life And Work Of The Great Ones Who Have Contributed To The Advancement Of Human Civilization And Culture. As In The Earlier Volumes, The Great Ones Dealt With Fall Into Tan Categories:1. The Great Ones In Art (Painting, Sculpture & Architecture).2. The Great Ones In Literature (Poetry, Drama & Fiction).3. The Great Ones In Science.4. The Great Ones In Medicine And Biology.5. The Great Ones In Exploration (Scientists And Voyageurs).6. The Great Ones In Philosophy.7. The Great Ones In Public Life.8. The Great Ones In Social Reform.9. The Great Ones In Business (Technology, Economics & Management).10. The Great Ones In Entertainment (Music, Movies, Theatre & Sports).As In The Earlier Volumes, The Artistic And Literary Skill Of The Famous Author-Artist Combine To Make The Volume Pleasant To Peruse And Rewarding To Read.This Volume, The Third In A Ten-Volume Series, Would Be An Ideal Presentation To All School And Collage Students, Enabling Them To Learn About The Achievements Of The Great Ones In Diverse Fields Of Human Endeavour And Encouraging Them To Adopt Their Own Role Models To Emulate And Spurring Them On The Discovery, Achievement And Success.
After a clerical sanction prohibited them from fishing for a week, a group of Catholic fishers from a village on India's southwestern coast took their church to court. They called on the state to recognize them as custodians of the local sea, protect their right to regulate trawling, and reject the church's intermediary role. In Shorelines, Ajantha Subramanian argues that their struggle requires a rethinking of Indian democracy, citizenship, and environmentalism. Rather than see these fishers as non-moderns inhabiting a bounded cultural world, or as moderns wholly captured by the logic of state power, she illustrates how they constitute themselves as political subjects. In particular, she shows how they produced new geographies—of regionalism, common property, alternative technology, and fisher citizenship—that underpinned claims to rights, thus using space as an instrument of justice. Moving beyond the romantic myth of self-contained, natural-resource dependent populations, this work reveals the charged political maneuvers that bound subalterns and sovereigns in South Asia. In rich historical and ethnographic detail, Shorelines illuminates postcolonial rights politics as the product of particular histories of caste, religion, and development, allowing us to see how democracy is always "provincial.
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