International Business Theory and International Economy

The influence of the international business theory on the international economy is the subject of the analysis. It was emphasised that the trade liberalisation has a special positive significance in the global economy. While the motivations of developing countries to seek preferential trading links with industrialized nations have been convicingly laid out, or lock in policy reform, one can offer a new rationale linking positive political economy approaches to rational institutional design as why industrialized democratic states pursue their trade goals in non-multilateral forums. However it suggests that the multilateral trading system will need to adjust to developments in trade. The key of trade developments is especially the rise of global supply chains, the general shift of trade power away from the West and towards Asia. At the same time, it should be stressed that free trade in itself is not responsible for economic growth, but more significant are the determining macroeconomic stability and increasing investment. The book was written for academic, students and practic which interesting in the problems of change the contemporary international economy.