Bruno G. Rüttimann - Modeling Economic Globalization

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CONTENT OF THE BOOK

• Preface



• Introduction



• 1. The Phenomenon of Economic Globalization


• • 1.1. Symptoms, Causes and Effects
  • 1.2. From Linear Causality to Deterministic Chaos
  • 1.3. From Internationalization to Globalization of Trades and M&A



• 2. Analyzing the Structure of Industry


• • 2.1. Business Type Classification
  • 2.2. Value Chain Stage and Related Business Types



• 3. Deriving Typologies of Globalization
• • 3.1. The Natural Types of Globalization
  • • 3.1.1. Type 1: Material Globalization
    • 3.1.2. Type 2: Immaterial Globalization
    • 3.1.3. The Natural Types Globalization Model
    • 3.1.4. Value Chain Stage and Related Globalization Types
  • 3.2. The Transient Types of Globalization
  • • 3.2.1. Type 1c: Opportunistic Globalization
    • 3.2.2. Type 3: Globalization of Human Factor
    • 3.2.3. Duration of Transition



• 4. Modeling the Intrinsic Nature of Globalization


• • 4.1. The Limitation of Comparative Cost Advantages
  • 4.2. Enlarging Neoclassic Modeling
  • 4.3. The “Post-Neoclassic” View of Trade and Competition
  • • 4.3.1. Type 1a: The Latent Value of a Resource
    • 4.3.2. Type 1b: The Competitiveness Factor
    • 4.3.3. Type 1c: The Propensity to Export
    • 4.3.4. Type 2: The Intrinsic Market Fragmentation
    • 4.3.5. Type 3: The Comparative Skills
  • 4.4. Measuring the Extension of Total Globalization



• 5. Equality as a Natural Law


• • 5.1. Inequality as a Measure of Risk
  • • 5.1.1. Introductory Concepts: The Minimum Risk Principle
    • 5.1.2. Applying the Concept of Risk to Globalization
  • 5.2. Risk as a Governing Law of Globalization
  • • 5.2.1. Foreign Trade Structure and Associated Intrinsic Risk for One Product: The Central Theorem of Globalization
    • 5.2.2. Analyzing Globalization Patterns of Foreign Trade: The Theorem of Minimum Risk
    • 5.2.3. Risk within Closed and Open Systems: The Effect of Competitive Moves and M&A
  • 5.3. Applying the Minimum Risk Principle to Political Economy
  • • 5.3.1. Risk of Structural Supply-Demand Composition for Several Products
    • 5.3.2. Coverage and Associated Endogenous and Exogenous Risk
    • 5.3.3. Co-Risk for an Integrated Value Chain
  • 5.4. Conclusive Interpretation of Risk



• 6. Maximizing Value as an Overall Governing Economic Rationale


• 6.1. Maximizing Profit and Minimizing Risk
• 6.2. The Apparent Paradox
• 6.3. The Governing Rationale: Maximizing Risk Deducted Value Creation
• 6.4. The Individual Risk Premium
• 6.5. Relation to CAPM



• 7. The Five Post-Neoclassic Postulates of Globalization



• Epilog



• References

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© Bruno G. Rüttimann, 2009