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The world economic system is now integrated, in the increased cross-border flows of goods and capital and in the sustained activity of institutions like the UNCTAD, World Trade Organization and other regional organization. In such a world, domestic political and economic dynamics have global...
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TradeTech – the set of technologies that enables global trade to become more efficient, inclusive and sustainable – is multifaceted, from trade facilitation to efficiency gains and reduced costs, to greater transparency and resilience of supply chains. Although technological innovation...
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National labour market institutions interact across national boundaries when product markets are global. Labour market policies can thus entail spill-overs, a fact widely ignored in the academic literature. This paper studies the effects of wage subsidies in an international duopoly model with...
Persistent link: https://www.econbiz.de/10003946890
National labour market institutions interact across national boundaries when product markets are global. Labour market policies can thus entail spill-overs, which suggests that there are benefits from international policy coordination. This paper studies the effects of wage subsidies in an...
Persistent link: https://www.econbiz.de/10009424666
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A world government does not seem to be indispensable for a world economic policy. The work of international agencies, as inter alia IMF, GATT, ILO, WHO, UN Economic and Social Council and World Bank, proves the contrary. Global tasks can in many instances be tackled through treaties and...
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