There is little need today for an author publishing a work on less developed countries to emphasise the importance of this question. In view of the large and increasing number of publications on this subject - and in fairness to the reader - it seems appropriate, however, to outline briefly what the book sets out to describe. As the title conveys, I have concentrated on the financial side of the problem without neglecting altogether the important political, social and human aspects. I have primarily dealt with the problems of capital formation, capital transfer, capital employment and the associated balance of payments considerations. The attempt is made to set out in an integrat ed analysis the problems of capital exports to less developed countries both from the point of view of the creditor and of the debtor, be they countries or individuals. This method appeared all the more appropriate since the provision oflong term funds for capital exports and the question of their employment in the capital importing countries are so closely interconnected that they could hardly be treated separately.

First published in 2000. Routledge is an imprint of Taylor & Francis, an informa company.

Technology, Globalization, and Sustainable Development offers a unified, transdisciplinary approach for transforming the industrial state in order to promote sustainable development. The authors present a deep analysis of the ways that industrial states – both developed and developing – are currently unsustainable and how economic and social welfare are related to the environment, to public health and safety, and to earning capacity and meaningful and rewarding employment. The authors offer multipurpose solutions to the sustainability challenge that integrate industrial development, employment, technology, environment, national and international law, trade, finance, and public and worker health and safety. The authors present a compelling wake-up call that warns of the collision course set between the current paths of continued growth and inevitable unsustainability in the world today. Offering clear examples and real solutions, this textbook illustrates how the driving forces that are currently promoting unsustainability can be refocused and redesigned to reverse course and improve the state of the world. This book is essential reading for those teaching and studying sustainable development and the critical roles of the economy, employment, and the environment.

This textbook offers a comprehensive picture of the world economy, the global business environment, and international business. The book is divided into three parts, the first of which introduces readers to the essentials of the world economy, including its typology, key concepts and theories, the dynamics of the world economy, and key actors and institutions. It also addresses macroeconomic and financial indicators for economic growth and forecasting and discusses major modern trends and problems, such as the Fourth Industrial Revolution, patterns of globalization, shifts in global economic power, and developmental, social and environmental challenges. In turn, the second part focuses on the global business environments, presenting country and regional studies. The third part addresses macro and micro aspects of international business, featuring contributions on topics such as global economic governance, global capital flows, multinational corporations, global value chains, international trade and its regulation and practice, international knowledge transfer, international labor migration as well as foreign aid, external debt, and business culture in international business.