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Globalization of the world economy : what happened in 1985?
Kleinert, Jörn - 2000
This paper brings forward a three-country model to analyze the internationalization process in the age of globalization …
Persistent link: https://www.econbiz.de/10011476519
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Openness, intermediate imports and growth
Kopp, Andreas - 2000
We consider two channels via which foreign inputs into industrial production may lead to productivity effects. The first one concerns dynamic externalities between firms which share technical and organizational knowledge which is vital for the productivity growth of a particular industry. We...
Persistent link: https://www.econbiz.de/10011472478
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European FDI strategies in Mercosur countries
Nunnenkamp, Peter - 2001
Mercosur countries have witnessed a boom of foreign direct investment (FDI) inflows since the early 1990s. However, regional integration, viewed in isolation, was not sufficient for the subregion to regain its attractiveness to FDI. FDI growth in individual Mercosur countries was closely related...
Persistent link: https://www.econbiz.de/10011490923
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Some consequences of globalization for developing countries
Gundlach, Erich; Nunnenkamp, Peter - 1996
Globalization improves the prospects for developing countries (DCs) to catch up economically with industrialized … countries. Depending on economic policies with respect to openness and factor accumulation, globalization may increase capital … world economy. Nevertheless, many observers draw an overly pessimistic picture of the perspectives of DCs in the era of …
Persistent link: https://www.econbiz.de/10011472076
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WTO negotiations and accession issues for vulnerable economies
Langhammer, Rolf J.; Lücke, Matthias - 2000
The paper discusses the costs and benefits to be expected by least-developed and low-income ("vulnerable") economies if they accede to the WTO, the impact of current debates about WTO reform on vulnerable economies, and measures to make it easier for vulnerable economies to accede to and...
Persistent link: https://www.econbiz.de/10011490730
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WTO accession issues
Langhammer, Rolf J.; Lücke, Matthias - 1999
For many applicant countries, accession to the WTO has been, and still is, a frustratingly slow process. In this paper, we discuss the substantial, contentious issues that are slowing down progress in accession negotiations. We contrast these with the benefits of WTO accession not only to the...
Persistent link: https://www.econbiz.de/10011495586
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The new economy and the international regulatory framework
Piazolo, Daniel - 2001
The rapid diffusion of the internet and electronic commerce changes the way business and international trade take place. The new economy poses new challenges to the international regulatory framework, since small distortions due to differing sets of regulations and taxation between countries...
Persistent link: https://www.econbiz.de/10011474230
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Business cycle volatility and globalization : a survey
Buch, Claudia M. - 2002
The globalization of capital and product markets has many implications for economic welfare. Countries can specialize …, one potentially adverse effect of globalization is the possibility that business cycle volatility might increase. Rapid …
Persistent link: https://www.econbiz.de/10011474806
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Firm-level evidence on international stock market comovement
Brooks, Robin (contributor); Del Negro, Marco (contributor) - 2005
We explore the link between international stock market comovement and the degree to which firms operate globally. Using stock returns and balance sheet data for companies in 20 countries, we estimate a factor model that decomposes stock returns into global, country-specific and industry-specific...
Persistent link: https://www.econbiz.de/10003029250
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Global financial cycles since 1880
Potjagailo, Galina; Wolters, Maik H. - 2019
globalization from 1880 to 1913 and the Great Depression. We find that joint global dynamics across various financial quantities and …
Persistent link: https://www.econbiz.de/10011987786