This is an addendum to my book announcement to pen-l of about a year ago (which was greeted with mockery by LP, but what the heck). The book (Global Economics: An Introductory Course) is now available. (No mathematical formulae, but statistical graphs and tables are included.)
In chapter 15, “global exploitation” is defined as a process in which the richer strata or countries of world society engage in “selfish or unfair utilization” (dictionary term) of the labour and resources of the poorer strata or countries of world society through various mechanisms, including “differential exploitation” (Lebowitz), (transnational) “transfer of value” (Amin, Toussaint) or “net financial transfers from South to North” (UNDP), “unequal exchange” (Emmanuel) and other mechanisms. [Please forward a better definition if you have one] Detailed table of contents: Chapter 1 Introduction ___(1) Approach ___(2) The Wealth of the World ___(3) Critique of the Concept of Global GDP ___(4) Goals- Which Way is Forward in the Global Economy? ___(5) Trends in Global Development, 1960-2000 Chapter 2 National Economies and World Economy ___(1) National and Global GDP per capita, 1960- 99 ___(2) The Problem of National Sovereignty ___(3) The Special Status of the United States Economy in the World Economy Chapter 3 The Three Circular Flows of the World Economy ___(1) Flow Diagram ___(2) The Problem of Equitable Global Development ___(3) The Problem of Sustainable Global Development Chapter 4 Global Environment ___(1) Environment as a Factor of Production ___(2) Definition of Sustainable Development ___(3) Priorities of Sustainable Global Development ___(4) The Costs of Environmental Degradation and Destruction ___(5) “Green” National and Global Accounting ___(6) The Culprits of Environmental Degradation Chapter 5 Global Production ___(1) The Structure of Global Production ___(2) The Factors of Global Production ___(3) Factors of Production and Global Economic Growth Chapter 6 Wages and Employment in the World Economy ___(1) Data on Wages ___(2) Productivity and Wages ___(3) Data on Employment, Unemployment and Underemployment ___(4) Discussion of the Global Unemployment and Underemployment Situation Chapter 7 Profits in the World System ___(1) Definitions of Profit Rate ___(2) Selected Data on Profits in the World System ___(3) Discussion on Profits Chapter 8 Governments and Global Economics ___(1) The Economic Role of Governments ___(2) Some Data ___(3) Global Governance and Global Economics Chapter 9 The Global Business Cycle ___(1) Data on the Global Business Cycle ___(2) Causes of Global Recessions ___(3) Global North and South Business Cycles Separated ___(4) The Fuzzy Nature of the Global Business Cycle Chapter 10 Global Real Investment and Foreign Direct Investment ___(1) Definition of Real Investment ___(2) Global Real Investment and Consumption ___(3) Global Real Investment, Economic Growth, and Global Business Cycle ___(4) Foreign Direct Investment Chapter 11 Global Trade ___(1) The Global Division of Labour and Global Trade ___(2) Major Categories of International Trade ___(3) The Controversy About Free Trade ___(4) International Trade and Global Economic Growth Chapter 12 Global Money, Inflation and Interest Rates ___(1) Global Money Supply ___(2) Inflation in the World Economic System ___(3) Interest Rates Chapter 13 Currency System and Exchange Rates ___(1) Exchange Rates and Purchasing Power Parity (PPP) Rates ___(2) The Privileges of the Global Lead Currency Chapter 14 Global Finance ___(1) National and Global Finance ___(2) The Power of Global Financial Elites ___(3) The World’s Stock Exchanges ___(4) Global Portfolio Investment ___(5) International Debts ___(6) Foreign Exchange Markets ___(7) Global Derivatives Markets ___(8) Summary on Cross-border Financial Flows and Holdings Chapter 15 Global Exploitation ___(1) Definition and Types of Global Exploitation ___(2) Global Exploitation Through Unequal Exchange Rates ___(3) Global Exploitation Through International Debts ___(4) Robinson on Exploitation Chapter 16 Praxeology ___(1 ) Critique of Global Neoliberalism ___(2) Advocacy of Global Keynesianism ___(3) Planetary Interest and Global Public Goods ___(4) The Struggles of Global Labour Chapter 17 References xxxxxxxxxxxxxxxxxxxxxxxxx Book reference: Gernot Kohler, Global Economics: An Introductory Course. New York: Nova Science, 2007. 111 pages. ISBN: 1-60021-546-7 xxxxxxxxxxxxxxxxxxxxxxxxxx Publisher’s website https://www.novapublishers.com/catalog/ use the search string “kohler” or “gernot” https://www.novapublishers.com/catalog/advanced_search_result.php?keywords=kohler&x=6&y=11 https://www.novapublishers.com/catalog/advanced_search_result.php?keywords=gernot&x=16&y=11 \yours GK _________________________________________________________________ News, entertainment and everything you care about at Live.com. Get it now! http://www.live.com/getstarted.aspx
