World trade growth was rapid in the two decades prior to the global financial crisis but has halved subsequently. There are both structural and cyclical reasons for the slowdown. A deceleration in the rate of trade liberalisation post 2000 was initially obscured by the ongoing expansion of...

Das Verhaeltnis von Wirtschaft und Religion ist umstritten. Angesichts globalisierter Interdependenzen und der vielfaeltigen Gestaltungsvorschlaege hat sich dieser Streit verstaerkt zurueckgemeldet. Eilert Herms vertritt eine dezidierte Position, indem er Religion als...

Este artículo analiza las grandes transformaciones que está experimentando la economía mundial. Aborda los aspectos tecnológicos, demográficos, macroeconómicos, climáticos y de distribución de la renta, así como sus implicaciones sobre los nuevos equilibrios de poder en la economía...

Kapitalizmin “Altın Çağı” olarak adlandırılan dönemin sona ermesinden (1973) yaklaşık 7 yıl sonra, başta ABD ve İngiltere olmak üzere OECD ülkeleri, stagflasyonist bunalımı aşmak amacıyla Keynesgil iktisat politikalarını terk ederek, arz-yanlısı ve monetarist...

We discuss recent bilateral, regional, and country trade, partnership, and economic agreements involving both ASEAN as a single entity and individual ASEAN countries (Singapore, Thailand, Malaysia) focusing on their reach beyond conventional trade in goods and services issues. What emerges is of...

This paper analyzes the consequences of the internationalization of the Chinese renminbi for the global monetary system and its possible ascension to reserve currency status. In an unstable and financially integrated world, governments' precautionary demand for reserve assets is likely to...

“The new world order” (declared by J. Bush-Senior and the Roman club in the end of the 20-th century) is not something so new, as it has deep historical roots. New are the unique circumstances in which it is being build: wide scale and dynamic liberal globalization, decomposition of the...

In the last ten years, there has been a sea change in trade and related policies in emerging markets. This results from autonomous reforms undertaken in conjunction with macroeconomic stabilization programmes. Many non-tariff measures have been eliminated and tariffs, now the principal trade...

“New world order” (declared by George Bush Senior and the Club of Rome in the end of 20th century) is not a novice concept but is deeply rooted in history. New, however, are the unique circumstances under which it is constructed: wide-range and dynamic liberal globalization, collapse (in...

The multidimensional system analysis of the economic globalization is brought forward. The principles and the methods of this analysis are used to explain the unity of the economic and institutional, i.e. integrational substance of globalization. The economic foundations of the social issues of...