Showing 1 - 10 of 48
This paper offers analysis of corporate governance issues behind stock market performance (stock returns and activity) in Moldova - one of the Central and Eastern European (CEE) countries. Born during the years of mass privatization, securities market of Moldova enjoyed the support for the...
Persistent link: https://www.econbiz.de/10005134942
Some economists have argued that the process of disintegration of the world economy between the two World Wars led to income divergence between the countries. This is in keeping with the view that economic integration leads to income convergence. The paper shows that the view that the period...
Persistent link: https://www.econbiz.de/10005076560
Using panel regression for the period 1970-2000 the paper analyzes whether globalization has influenced the OECD … endogeneity of the regressors, the results show that globalization (measured by an index covering 23 variables) did not generally … decrease the leeway for independent economic policy. Globalization even increased implicit tax rates on capital (as calculated …
Persistent link: https://www.econbiz.de/10005076616
. Our three-fold empirical understanding of the process of globalization – reliance on foreign savings, MNC penetration and …
Persistent link: https://www.econbiz.de/10005125619
foreign clubs. This provides an example as how forces of efficiency but also inequality unleashed by globalization can be …
Persistent link: https://www.econbiz.de/10005125704
globalization. The paper extends recent research on the developmental effects of international financial integration, long …-term trends in capital mobility and “globalization in historical perspective”. Analyzing the patterns of international financial … a central element of 19th century financial globalization, but plays only a minor role today. The Lucas paradox of …
Persistent link: https://www.econbiz.de/10005125830
conclude that these findings have important implications for the current globalization debate: lacking jurisdictional …
Persistent link: https://www.econbiz.de/10005125839
influence adoption decisions. Thus, exports to the EU and Japan, local involvement of transnational corporations (TNCs … associated with a high number of certificates. We conclude that globalization has increased the mobility of organizational …
Persistent link: https://www.econbiz.de/10005134507
inequality (inequality between citizens of the world). It discusses the relationship between globalization and global inequality …
Persistent link: https://www.econbiz.de/10005134594
The paper derives world income or expenditure distribution of individuals for two years 1988 and 1993. It is the first paper to calculate world distribution for individuals based entirely on household survey data from 91 countries, and adjusted for differences in purchasing power parity between...
Persistent link: https://www.econbiz.de/10005134603