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de IZQUIERDO LLANES, GREGORIO
de IZQUIERDO LLANES, GREGORIO
This book covers the main features and problems of the contemporaryworld economy: the globalization process, the sources of economicgrowth, national policies to promote economic progress, and the roleof the different international institutions. The first two units arededicated to explain the main economic development indicators, thestages of economic development, the determinants of GDP per capitaand the role of innovation in productivity growth. Other units arededicated to explain the channels of economic interdependence, thecatalysts for globalization, the international flows of capital,exchange rates and macroeconomic policies, and the role of the maininternational organizations, like the World Trade Organization, theInternational Monetary Fund and the World Bank.Finally, the bookspresents the goals and the economic effects of regional integration,and the basic features of the European Union's integration process.Tofacilitate its use as teaching material, each unit contains a smalllist of exercises, a glossary of key concepts and specific literatureon the content covered in the chapter.