Book Reviews

2017 ◽  
Vol 55 (4) ◽  
pp. 1627-1630

Markus Poschke of McGill University reviews “The World Economy: Growth or Stagnation?” by Dale W. Jorgenson, Kyoji Fukao, and Marcel P. Timmer. The Econlit abstract of this book begins: “Fourteen papers analyze the long-term process of structural change and productivity growth across the world using World KLEMS (capital, labor, energy, materials, and purchased services) Initiative research and provide comparisons of industries and economies in order to investigate the impact of international trade and investment. Papers discuss US economic growth—a retrospect, prospect, and lessons from a prototype industry-level production account for the United States, 1947–2012; the structural causes of Japan's lost decades; productivity growth in Europe before and since the 2008–09 economic and financial crisis; Latin American KLEMS (LA–KLEMS)—economic growth and productivity in Latin America; China's strategic move for a new stage of development—a productivity perspective; productivity growth in India under different policy regimes; whether mining is fueling long-run growth in Russia—industry productivity growth trends in 1995–2012; intangibles, information and communications technology, and industry productivity growth—evidence from the European Union; whether intangibles contribute to productivity growth in East Asian countries—evidence from Japan and the Republic of Korea; a Bureau of Economic Analysis–Bureau of Labor Statistics industry-level production account for the United States—integrated sources of growth, intangible capital, and the US recovery; measuring human capital—country experiences and international initiatives; a half-century of trans-Pacific competition—price-level indices and productivity gaps for Japanese and US industries, 1955–2012; searching for convergence and its causes—an industry perspective; and the rise of global manufacturing value chains—a new perspective based on the World Input–Output Database. Jorgenson is Samuel W. Morris University Professor at Harvard University. Fukao is Professor with the Institute of Economic Research at Hitotsubashi University and Program Leader at the Research Unit for Statistical and Empirical Analysis. Timmer is Professor of Economic Growth and Development and Director of the Groningen Growth and Development Centre at the University of Groningen. ”

Author(s):  
Dale W. Jorgenson

The World KLEMS Initiative generates industry-level data on outputs, inputs, and productivity. Productivity is output per unit of all inputs. The inputs consist of the primary factors of production—capital (K) and labor (L)—and the intermediate inputs: energy (E), materials (M), and services (S). Industry-level data are indispensable for analyzing the sources of economic growth. Productivity gaps between two countries are defined in terms of differences in productivity levels. These differences are measured by linking productivity levels for each country by purchasing power parities for outputs and inputs. The large productivity gap between the United States and Japan in 1955 gradually closed until 1995. Since then, Japanese productivity has been stagnant, while US productivity has continued to grow. The widening productivity gap can be traced to a small number of sectors, mainly in trade and services.


2020 ◽  
Vol 2020 (3) ◽  
pp. 5-23
Author(s):  
Grzegorz W. Kolodko ◽  

The huge leap made by the Chinese economy over the past four decades as a result of market reforms and openness to the world is causing fear in some and anxiety in others. Questions arise as to whether China’s economic success is solid and whether economic growth will be followed by political expansion. China makes extensive use of globalization and is therefore interested in continuing it. At the same time, China wants to give it new features and specific Chinese characteristics. This is met with reluctance by the current global hegemon, the United States, all the more so as there are fears that China may promote its original political and economic system, "cynicism", abroad. However, the world is still big enough to accommodate us all. Potentially, not necessarily. For this to happen, we need the right policies, which in the future must also include better coordination at the supranational level.


2019 ◽  
pp. 86-102
Author(s):  
Susana Sueiro Seoane

This chapter analyzes Cultura Obrera (Labor Culture), published in New York City from 1911 to 1927. Pedro Esteve, the primary editor, gave expression to his ideas in this newspaper and while it represented Spanish firemen and marine workers, it reported on many other workers’ struggles in different parts of the world, for example, supporting and collecting funds for the Mexican revolutionary brothers Flores Magón. This newspaper, as all the anarchist press, was part of a transnational network and had a circulation not only in many parts of the United States but also in Latin American countries, including Argentina and Cuba, as well as on the other side of the Atlantic, in Spain and various European countries.


Author(s):  
William Keech ◽  
William Scarth

This chapter identifies the differing policies and outcomes that Canadians and Americans have pursued with respect to economic growth, stabilization, and income distribution, and it analyzes several factors that can partially explain why divergent policy choices have emerged. The United States (U.S.) has recorded better productivity growth, while Canada has achieved a more sustainable fiscal policy, a less fragile financial sector, and more generous distributional policies. These contrasting outcomes are related to differences in size and geography, in political culture, and in political institutions. The analysis also considers how much it may be possible for each country’s policymakers to benefit from the other’s experiences. While identifying some lessons in this regard, the authors conclude that the sheer difference in the size of the two economies affects which economic policies can be expected to be effective. As a result, it is concluded that convergence in economic policymaking will remain somewhat limited.


2013 ◽  
pp. 1-6
Author(s):  
Richard M. Morse

This introductory paper examines some of the main questions raised by the papers presented to the urbanization symposium in Vancouver. Comparisons between the Latin American urban experience and that of the United States and Canada revealed basic contrasts in spite of some broad hemispheric similarities. Differences were particularly apparent in the residual influence of native society on later European settlement, in the role of the state versus private commerce in growth and development, and in the differing class structures.


Author(s):  
Eugenia Tarzibachi

Abstract The introduction of commercialized disposable pads and tampons during the twentieth century changed the experience of the menstrual body in many (but not all) countries of the world. From a Latin-American perspective, this new way to menstruate was also understood to be a sign of modernization. In this chapter, Tarzibachi describes and analyzes how the dissemination and proliferation of disposable pads and tampons have unfolded first in the United States and later in Latin America, with a particular focus on Argentina. She pays particular attention to how the Femcare industry shaped the meanings of the menstrual body through discourses circulated in advertisements and educational materials. Tarzibachi explores how the contemporary meanings of menstruation are contested globally, as the traditional Femcare industry shifts its rhetoric in response to challenges from new menstrual management technologies, new forms of menstrual activism, and the increasing visibility of menstruation in mainstream culture.


Author(s):  
Alderí Souza De Matos

Latin America is a significant part of the so-called two-thirds world. During the twentieth century, the region witnessed the vigorous growth of the Protestant churches. One of them is the Presbyterian communion, whose first congregations were established in the 1850s. For more than a century, Presbyterian denominations in the United States and Scotland made an enormous investment in the evangelization of Latin America. Nevertheless, despite their significant presence in Mexico and Brazil, Presbyterian churches represent a small percentage of the region’s total Protestant constituency. They have, however, made contributions to society that are out of proportion to their numbers. Besides their important spiritual and ethical emphases, they have impacted countless individuals, families, and communities through their educational and medical efforts. Their greatest challenge today is to establish clear priorities and devote their energies to strengthening Presbyterian work in the countries they have already reached and implanting their faith in the areas where it is absent. Latin American Presbyterians are convinced that the Reformed faith can greatly benefit their part of the world.


1972 ◽  
Vol 1 (01) ◽  
pp. 336-347
Author(s):  
R. Gar Forsht ◽  
J. Dean Jansma

There has been increasing concern over the past decade about the lack of economic activity in a number of major cities, many intermediate and small sized cities, and a significant number of rural areas within various regions of the United States. This concern about the depressed conditions in these urban and rural areas, relative to the nation, has attracted country-wide attention.


2019 ◽  
Vol 20 (1) ◽  
pp. 20-32
Author(s):  
M. Muchdie ◽  
M. Handry Imansyah ◽  
Socia Prihawantoro

This paper presents spatial linkages on calculations of spill-over and feed-back effects of World input-output tables, which is aggregated specifically into six-Asian countries includes China, Indonesia, India, Japan, Korea, and Taiwan, plus Australia, United States, and the Rest of the World. The results showed that, firstly output multipliers in six Asian countries tend to increase during 2000–2014, indicating a consistent economic growth. Secondly, except China, output multipliers occurred in other countries tend to increase. Thirdly, in 2000, the United States and Japan were two countries receiving highest output spill-over. However, in year 2014, most of output spill-over moved to China. India and Indonesia received only small part of spill-over from other countries. Fourthly, the highest feed-back effect occurred in China and Japan. The smallest feed-back effect occurred in India and Indonesia. China had smallest spill-over effect but received the highest feed-back effect. ------------------------------------------- Artikel ini menyajikan hasil analisis keterkaitan spasial di enam negara Asia, berdasarkan perhitungan efek limpahan dan efek balik pada tabel input-output dunia, yang diagregasikan untuk enam negara Asia, yang meliputi Cina, Indonesia, India, Jepang, Korea, dan Taiwan ditambah Australia, Amerika Serikat, dan the Rest of the World. Hasil analisis memperlihatkan bahwa, pertama, pengganda output di enam negara Asia cenderung meningkat dalam waktu 2000–2014. Ini merupakan indikasi pertumbuhan ekonomi yang konsisten. Kedua, kecuali di Cina, efek limpahan juga cenderung meningkat. Ketiga, tahun 2000, negara yang paling besar menikmati limpahan adalah Amerika Serikat dan Jepang, tetapi tahun 2014, limpahan terbesar beralih ke Cina. Keempat, efek balik yang terbesar terjadi di Cina dan Jepang. Efek balik terkecil terjadi di India dan Indonesia. Cina mempunyai efek limpahan terkecil tetapi menerima efek balik terbesar. 


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