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China's admission into the WTO in 2001 heralded a new era of globalization, increasing both import competition in … during the post globalization period (2003-2019) increased by 11.5% of the corresponding pre-globalization period (1984 … contrast, following globalization, the average aggregate domestic profitability of US firms remained flat, and firms employed …
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, deregulation and liberalization have characterized financial globalization, giving rise to the financialization of the economy …
Persistent link: https://www.econbiz.de/10010228497
Using unique data on mutual fund portfolios with different investment scopes, we study the extent of international diversification. Mutual funds invest in a surprisingly limited number of stocks—about 100. The number of holdings from a given region declines as the investment scope broadens....
Persistent link: https://www.econbiz.de/10011009982
This paper describes the challenges of globalization in terms of the logic underpinning four distinct policy … vulnerabilities. They can be described as the impossible policy choices at the heart of globalization …
Persistent link: https://www.econbiz.de/10013388862
Which income group is pro-globalization or anti-globalization--the wealthy skilled-labor or the poor low-skilled labor …? How globalization affect income-based attitudes towards globalization? The paper addresses these issues in the framework …
Persistent link: https://www.econbiz.de/10013477205
Answering the round table participants, the author illustrates the project of this book and its main findings. While the book implies a focus on social policy, the contributors have brought to it their expertise not only in welfare economics but also in macroeconomic and monetary policy. This...
Persistent link: https://www.econbiz.de/10008490580
. Intensified globalization in the past two decades appears indicated by the higher elasticities of exports with respect to the real …
Persistent link: https://www.econbiz.de/10010599345
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