LEADER 04109nam 2200673 a 450 001 9910827726703321 005 20200520144314.0 010 $a1-282-82096-6 010 $a9786612820960 010 $a1-4008-3072-9 024 7 $a10.1515/9781400830725 035 $a(CKB)2670000000047112 035 $a(EBL)617250 035 $a(OCoLC)670429777 035 $a(SSID)ssj0000427511 035 $a(PQKBManifestationID)11288292 035 $a(PQKBTitleCode)TC0000427511 035 $a(PQKBWorkID)10413429 035 $a(PQKB)10010691 035 $a(MdBmJHUP)muse36552 035 $a(DE-B1597)446723 035 $a(OCoLC)984665959 035 $a(DE-B1597)9781400830725 035 $a(Au-PeEL)EBL617250 035 $a(CaPaEBR)ebr10421683 035 $a(CaONFJC)MIL282096 035 $a(PPN)187953260 035 $a(FR-PaCSA)88833457 035 $a(MiAaPQ)EBC617250 035 $a(EXLCZ)992670000000047112 100 $a20090318d2009 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aRules for the global economy /$fHorst Siebert 205 $aCourse Book 210 $aPrinceton, NJ $cPrinceton University Press$dc2009 215 $a1 online resource (289 p.) 300 $aDescription based upon print version of record. 311 $a0-691-17092-4 311 $a0-691-13336-0 320 $aIncludes bibliographical references (p. [249]-262) and index. 327 $t Frontmatter -- $tContents -- $tForeword / $rHufbauer, Gary Clyde -- $tPreface -- $tI. The Concept of aWorld Economic Order -- $tII. Globalization and Its Impact on the International Rule System -- $tIII. How Rules Are Established -- $tIV. How Rules Are Stabilized -- $tV. Rules for International Product Markets -- $tVI. Rules for Border-Crossing Factor Movements -- $tVII. Rules for the Global Environment -- $tVIII. Preventing Financial Instability -- $tIX. Avoiding Currency Crises -- $tX. Ethical Norms, Human Rights, Fairness, and Legitimacy: Restraints for the International Rule System -- $tXI. Interdependence of Orders, Structure of the Rule System, and Institutional Fit -- $tXII. Major Challenges to the Rule System in the Future -- $tReferences and Further Reading -- $tIndex 330 $aRules for the Global Economy is a timely examination of the conditions under which international rules of globalization come into existence, enabling world economic and financial systems to function and stabilize. Horst Siebert, a leading figure in international economics, explains that these institutional arrangements, such as the ones that govern banking, emerge when countries fail to solve economic problems on their own and cede part of their sovereignty to an international order. Siebert demonstrates that the rules result from a trial-and-error process--and usually after a crisis--in order to prevent pointless transaction costs and risks. Using an accessible and nonmathematical approach, Siebert links the rules to four areas: international trade relations, factor movements, financial flows, and the environment. He looks at the international division of labor in the trade of goods and services; flow of capital; diffusion of technology; migration of people, including labor and human capital; protection of the global environment; and stability of the monetary-financial system. He discusses the role of ethical norms and human rights in defining international regulations, and argues that the benefits of any rules system should be direct and visible. Comprehensively supporting rules-based interactions among international players, the book considers future issues of the global rules system. 606 $aInternational economic relations 606 $aEconomics 615 0$aInternational economic relations. 615 0$aEconomics. 676 $a337 700 $aSiebert$b Horst$f1938-2009.$0120194 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910827726703321 996 $aRules for the global economy$93926403 997 $aUNINA