model of production. Globalization is interpreted as a level shock in the supply of unskilled labor to the world economy, a …This paper argues that globalization has led to a shift in developed countries from an industrial to an entrepreneurial … move varieties between life cycle stages, their importance increases due to globalization. The many new opportunities for …

resource demand revised German interest rates relative to the rest of the world, which brought about devaluations of other …

and its possible ascension to reserve currency status. In an unstable and financially integrated world, governments …’ precautionary demand for reserve assets is likely to increase. But the world then risks a third crisis of the global reserve system …, another re-run of the Triffin paradox, with an ever-growing emerging-world insurance demand loaded onto a small group of ever …