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An Overview of Globalisation and Economic Policy Responses

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  • Tisdell, Clement A.

Abstract

This is the draft of the introductory chapter of Clem Tisdell (ed.) Globalisation and World Economic Policies. It highlights the varied dimensions of globalisation. Trends in world exports of goods and services as a percentage of global GDP, and world FDI net inflow as a percentage of global GDP are used to indicate trends in economic globalisation. In relation to non-economic measures of globalisation, particular attention is given to variations in international telephone traffic and the number of internet users and hosts. Increasing globalisation of the media is an important feature of recent developments in globalisation, and has significant political, economic and cultural ramifications. These aspects are highlighted. The chapter concludes with an overview of policy responses to globalisation and an indication of divergent views expressed in Globalisation and World Economic Policies.

Suggested Citation

  • Tisdell, Clement A., 2004. "An Overview of Globalisation and Economic Policy Responses," Economic Theory, Applications and Issues Working Papers 90537, University of Queensland, School of Economics.
    • Handle: RePEc:ags:uqseet:90537
    DOI: 10.22004/ag.econ.90537
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    References listed on IDEAS

    as
    1. Tisdell, Clement A., 2001. "The Political Economy of Globalisation: Processes involving the Role of Markets, Institutions and Governance," Economic Theory, Applications and Issues Working Papers 90507, University of Queensland, School of Economics.
    2. Clement Allan Tisdell & Serge Svizzero, 2001. "Globalization, Social Welfare, Labor Markets and Fiscal Competition," Working Papers hal-02164344, HAL.
    3. Tisdell, Clement A., 2003. "Efficient Public Provision of Commodities: Transaction Costs, Bounded Rationality and Other Considerations," Economic Theory, Applications and Issues Working Papers 90529, University of Queensland, School of Economics.
    4. Tisdell, Clement A. & Alauddin, Mohammad, 2002. "Market-Oriented Reforms in Bangladesh and their Impact on Poverty?," Economic Theory, Applications and Issues Working Papers 90521, University of Queensland, School of Economics.
    5. Tisdell, Clement A., 2001. "Globalisation, the Environment and Sustainability: EKC, Neo-Malthusian Concerns and the WTO," Economic Theory, Applications and Issues Working Papers 90502, University of Queensland, School of Economics.
    6. Tisdell, Clem & Seidl, Irmi, 2004. "Niches and economic competition: implications for economic efficiency, growth and diversity," Structural Change and Economic Dynamics, Elsevier, vol. 15(2), pages 119-135, June.
    7. Tisdell, Clement A. & Svizzero, Serge, 2003. "Globalization, Social Welfare and Labor Market Inequalities," Economic Theory, Applications and Issues Working Papers 90525, University of Queensland, School of Economics.
    8. Darrian Collins & Clem Tisdell, 2004. "Outbound Business Travel Depends on Business Returns: Australian Evidence," Australian Economic Papers, Wiley Blackwell, vol. 43(2), pages 192-207, June.
    9. Tisdell, Clement A., 2004. "Tourism Development as a Dimension of Globalisation: Experiences and Policies of China and Australia," Economic Theory, Applications and Issues Working Papers 90535, University of Queensland, School of Economics.
    10. Gao, Zhicun & Tisdell, Clement A., 2004. "Television Production: Its Changing Global Location, the Product Cycle and China," Economic Theory, Applications and Issues Working Papers 90530, University of Queensland, School of Economics.
    11. Tisdell, Clement A., 2001. "Externalities, Thresholds and the Marketing of New Aquacultural Products: Theory and Examples," Economic Theory, Applications and Issues Working Papers 90468, University of Queensland, School of Economics.
    12. Serge Svizzero & Clem Tisdell, 2002. "Reconciling globalisation and technological change: Growing income inequalities and remedial policies," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 37(3), pages 162-171, May.
    13. Tisdell, Clement A., 2002. "Economics and Tourism Development: Structural Features of Tourism and Economic Influences on its Vulnerability," Economic Theory, Applications and Issues Working Papers 90522, University of Queensland, School of Economics.
    14. Tisdell, Clement A., 2002. "Tourism as a Contributor to the Economic Diversification and Development of Small States: Its Strengths, Weaknesses and Potential for Brunei," Economic Theory, Applications and Issues Working Papers 90514, University of Queensland, School of Economics.
    15. Tisdell, Clement A., 2004. "Can Globalisation Result in Less Efficient and More Vulnerable Industries?," Economic Theory, Applications and Issues Working Papers 90536, University of Queensland, School of Economics.
    16. Tisdell, Clement A., 2004. "Economics of Business Learning: The Need for Broader Perspectives in Managerial Economics," Economic Theory, Applications and Issues Working Papers 90532, University of Queensland, School of Economics.
    17. Tisdell, Clement A., 2001. "Competition and Evolution in Economics and Ecology Compared," Economic Theory, Applications and Issues Working Papers 90506, University of Queensland, School of Economics.
    18. Tisdell, Clement A., 2004. "Transaction Costs and Bounded Rationality - Implications for Public Administration and Economic Policy," Economic Theory, Applications and Issues Working Papers 90531, University of Queensland, School of Economics.
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    Cited by:

    1. Tisdell, Clement A., 2009. "Economic Challenges Faced by Small Island Economies: An Overview," Economic Theory, Applications and Issues Working Papers 90627, University of Queensland, School of Economics.
    2. Svizzero, Serge & Tisdell, Clement, 2019. "Barter and the Origin of Money and Some Insights from the Ancient Palatial Economies of Mesopotamia and Egypt," Economic Theory, Applications and Issues Working Papers 291788, University of Queensland, School of Economics.
    3. Tisdell, Clem & Svizzero, Serge, 2015. "The Failure of Neoclassical Economics Modelling and Human Behavioural Ecology to Satisfactorily Explain the Evolution of Neolithic Society," Economic Theory, Applications and Issues Working Papers 197550, University of Queensland, School of Economics.
    4. Tisdell, Clement A. & Lapar, Ma. Lucila A. & Staal, Steven J. & Que, Nguyen Ngoc, 2009. "Natural Protection from International Competition in the Livestock Industry: Analysis, Examples and Vietnam's Pork Market as a Case," Economic Theory, Applications and Issues Working Papers 90628, University of Queensland, School of Economics.
    5. Clem Tisdell, 2009. "Cost–Benefit Analysis of Economic Globalization," Chapters, in: Robert J. Brent (ed.), Handbook of Research on Cost–Benefit Analysis, chapter 11, Edward Elgar Publishing.
    6. Clement Tisdell & Serge Svizzero, 2019. "Economic Theory, Phoenician Pre-coinage External Trade, Changes in the Economic Surplus and its Appropriation - An initial Perspective," Working Papers hal-02274893, HAL.
    7. Tisdell, Clement A., 2008. "Thirty Years of Economic Reform and Openness in China: Retrospect and Prospect," Economic Theory, Applications and Issues Working Papers 90620, University of Queensland, School of Economics.
    8. Tisdell, Clement A., 2006. "Economic Prospects for Small Island Economies, Particularly in the South Pacific, in a Globalising World," Economic Theory, Applications and Issues Working Papers 90547, University of Queensland, School of Economics.
    9. Tisdell, Clement A., 2010. "Agricultural Development in Traditional Asian Economies: Observations Prompted by a Livestock Study in Vietnam," Economic Theory, Applications and Issues Working Papers 90629, University of Queensland, School of Economics.
    10. Tisdell, Clem & Svizzero, Serge, 2016. "Different Behavioral Explanations of the Neolithic Transition from Foraging to Agriculture: A Review," Economic Theory, Applications and Issues Working Papers 229769, University of Queensland, School of Economics.
    11. Tisdell, Clement A., 2008. "Economics, Corporate Sustainability and Social Responsibility," Economic Theory, Applications and Issues Working Papers 90618, University of Queensland, School of Economics.
    12. Alauddin, Mohammad & Tisdell, Clement A., 2009. "Quantitative Impacts of Teaching Attributes on University TEVAL Scores and their Implications," Economic Theory, Applications and Issues Working Papers 90621, University of Queensland, School of Economics.
    13. Alauddin, Mohammad & Tisdell, Clement A., 2006. "Students' Evaluation of Teaching Effectiveness: What Surveys Tell and What They Do Not Tell," Economic Theory, Applications and Issues Working Papers 90546, University of Queensland, School of Economics.
    14. Tisdell, Clement A., 2009. "Trends in Vietnam's Pork Supply and Structural Features of its Pig Sector," Economic Theory, Applications and Issues Working Papers 90623, University of Queensland, School of Economics.
    15. Clem Tisdell, 2009. "Economic Reform and Openness in China: China’s Development Policies in the Last 30 Years," Economic Analysis and Policy, Elsevier, vol. 39(2), pages 271-294, September.
    16. Tisdell, Clement A., 2008. "Economic Benefits and Drawbacks of Cities and their Growth," Economic Theory, Applications and Issues Working Papers 90615, University of Queensland, School of Economics.
    17. Tisdell, Clement A., 2008. "Trust and its Implications for Economic Activity, Welfare and Globalisation," Economic Theory, Applications and Issues Working Papers 90617, University of Queensland, School of Economics.
    18. Adam, Latif & Tisdell, Clement A., 2008. "Interfirm Networks in the Indonesian Garment Industry: Trust and Other Factors in their Formation and Duration and their Marketing Consequences," Economic Theory, Applications and Issues Working Papers 90616, University of Queensland, School of Economics.
    19. Tisdell, Clement A., 2009. "The Survival of Small-scale Agricultural Producers in Asia, particularly Vietnam: General Issues Illustrated by Vietnam's Agricultural Sector, especially its Pig Production," Economic Theory, Applications and Issues Working Papers 90625, University of Queensland, School of Economics.

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