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As in previous years, global growth disappointed in 2014, but a lackluster recovery is underway, with increasingly divergent prospects in major economies and developing countries. Looking ahead, growth is expected to rise slowly, supported by continued recovery in highincome countries, low oil prices, and receding domestic headwinds in developing economies. However, continued weak global trade growth and gradually tightening financial conditions will constrain the recovery. Risks to the outlook remain tilted to the downside. In addition to discussing global and regional economic developments and prospects, this edition of Global Economic Prospects includes four essays that analyze key challenges and opportunities currently confronting developing countries: fiscal policy as a countercyclical policy tool; causes and implications of cheap oil; weak trade that fails to act as an engine of growth; and remittances as a means of steadying consumption during sudden stops. Global Economic Prospects is a World Bank Group Flagship Report. On a semiannual basis (January and June), it examines global economic developments and prospects, with a special focus on developing countries. The report includes analysis of topical policy challenges faced by developing countries through in-depth research in the January edition and shorter analytical pieces in the June edition.

Economic forecasting. --- Economic history --- International economic relations. --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic policy --- Foreign economic relations --- Interdependence of nations --- International economic policy --- International economics --- New international economic order --- Economics --- Forecasting --- Economic policy --- International relations --- Economic sanctions --- Economic indicators

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This IEA publication deals head-on with a number of widely quoted myths about the market economy. In the case of the philosophical myths, such as the idea that economists believe that everybody is greedy, the author, Christopher Snowdon, carefully and entertainingly unpicks the misguided ideas that have taken hold. The author then moves on and effectively disposes of a number of economic myths using empirical evidence that is often ignored by commentators.

Economics --- Capitalism. --- Moral and ethical aspects. --- Market economy --- Economic theory --- Political economy --- Profit --- Capital --- Social sciences --- Economic man --- Economic history --- Capitalism --- International economic relations --- History --- E-books --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic policy --- Foreign economic relations --- Interdependence of nations --- International economic policy --- International economics --- New international economic order --- Economic policy --- International relations --- Economic sanctions --- Economic conditions --- History, Economic

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This book reviews and analyzes East Asian economic integration by looking at China-ASEAN economic relations and the China-ASEAN Free Trade Area (CAFTA). The book explores these economic relations after the Cold War ended, investigating China's motives in establishing CAFTA, and it evaluates economic integration in East Asia, in which both China and ASEAN hold key roles. Much of the research is based upon interviews with key policy makers in China. After providing a theoretical framework and discussing methodology, the book provides a background on economic cooperation between China and ASEAN f

International economic integration. --- International economic relations. --- East Asia --- Foreign economic relations. --- Economic integration. --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic policy --- Foreign economic relations --- Interdependence of nations --- International economic policy --- International economics --- New international economic order --- Common markets --- Economic integration, International --- Economic union --- Integration, International economic --- Markets, Common --- Union, Economic --- Economic policy --- International relations --- Economic sanctions --- International economic relations --- E-books --- Asia, East --- Asia, Eastern --- East (Far East) --- Eastern Asia --- Far East --- Orient

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Modern investment treaties give private arbitrators power to determine whether governments should pay compensation to foreign investors for a wide range of sovereign acts. In recent years, particularly developing countries have incurred significant liabilities from investment treaty arbitration, which begs the question why they signed the treaties in the first place. Through a comprehensive and timely analysis, this book shows that governments in developing countries typically overestimated the economic benefits of investment treaties and practically ignored their risks. Rooted in insights on bounded rationality from behavioural psychology and economics, the analysis highlights how policy-makers often relied on inferential shortcuts when assessing the implications of the treaties, which resulted in systematic deviations from fully rational behaviour. This not only sheds new light on one of the most controversial legal regimes underwriting economic globalization but also provides a novel theoretical account of the often irrational, yet predictable, nature of economic diplomacy.

Investments, Foreign --- International economic relations. --- Investments, Foreign (International law) --- International commercial arbitration. --- International investment law --- Investment law, International --- International law --- Arbitration and award, International --- Commercial arbitration, International --- International arbitration and award --- International commercial arbitration --- Arbitration and award --- Conflict of laws --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic policy --- Foreign economic relations --- Interdependence of nations --- International economic policy --- International economics --- New international economic order --- Economic policy --- International relations --- Economic sanctions --- Law and legislation --- Investments, Foreign - Developing countries --- International economic relations

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This book explores geo-economic insights into the global economy of superpowers. In ten chapters, the author explores causal relationships between global economic disparities and historical events, proceeding from the general to the specific.

Economic development --- International trade. --- International economic relations. --- Geopolitics. --- Economic history. --- Economic conditions --- History, Economic --- Economics --- World politics --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic policy --- Foreign economic relations --- Interdependence of nations --- International economic policy --- International economics --- New international economic order --- Economic policy --- International relations --- Economic sanctions --- External trade --- Foreign commerce --- Foreign trade --- Global commerce --- Global trade --- Trade, International --- World trade --- Commerce --- International economic relations --- Non-traded goods --- Development, Economic --- Economic growth --- Growth, Economic --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- International trade --- Geopolitics --- Economic history --- E-books