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Global governance: the G20 and a Global Green New Deal

Barbier, Edward B. - Institut für Weltwirtschaft (IfW) - 2009

In response to the world economic crisis, the international community should promote a mix of policies to sustain global recovery and create jobs through reducing carbon dependency, ecological degradation and poverty. Such a Global Green New Deal (GGND) requires implementation and coordination...

Persistent link: https://www.econbiz.de/10005026945

Europe's Revolving Doors: Import Competition and Endogenous Firm Entry Institutions

Lastauskas, Povilas - Institut für Weltwirtschaft (IfW) - 2013

The close relationship between politics and enterprises made the revolving door wide open and reinforced business influence on political decisions. The paper analyses relationship between firm entry institutions and import competition inside the EU. Though there is a clear tendency for entry and...

Persistent link: https://www.econbiz.de/10010886832

Contagion effect of financial crisis on OECD stock markets

Kazi, Irfan Akbar; Guesmi, Khaled; Kaabia, Olfa - Institut für Weltwirtschaft (IfW) - 2011

In this paper we investigate the contagion effect between stock markets of U.S and sixteen OECD countries due to Global Financial Crisis (2007-2009). We apply Dynamic Conditional Correlation GARCH model Engle (2002) to daily stock price data (2002-2009). In order to recognize the contagion...

Persistent link: https://www.econbiz.de/10009149314

External Drivers of Institutional Change in Central Asia – Regional Integration Schemes and the Role of Russia and China

Schweickert, Rainer; Melnykovska, Inna; Plamper, Hedwig - Institut für Weltwirtschaft (IfW) - 2012

Russia and China are assumed to challenge democratization and to promote autocracy. In a first step, we analyze Central Asia as the most-likely case, considering both Russia and China as relevant external actors. We develop a concept for our analysis based on the different strategies of Russia...

Persistent link: https://www.econbiz.de/10010887001

Beyond Security, Towards Institution Building – The Case of NATO-Macedonia Relations

Schweickert, Rainer; Melnykovska, Inna; Heitmann, Hanno - Institut für Weltwirtschaft (IfW) - 2012

The effectiveness of NATO conditionality for institutional reforms is highly controversial. Some papers argue that any effect this conditionality might have had may be due to endogeneity effects, i.e. NATO may have picked the winners. We argue that this is not the case. First, NATO-Mazedonia...

Persistent link: https://www.econbiz.de/10009653067

Accession Incentives for Institutional Change in Post-Socialist Countries – Cross-Section and Country Evidence from NATO Enlargement

Schweickert, Rainer; Kauschke, Jonas; Heitmann, Hanno - Institut für Weltwirtschaft (IfW) - 2010

incentive for compliance with the institutional standards of democracy and market economy. Econometric cross-country evidence …

Persistent link: https://www.econbiz.de/10008592857

The drawbacks of preferential trade agreements in Asia

Dieter, Heribert - Institut für Weltwirtschaft (IfW) - 2012

much as the supporters of these exclusive arrangements have suggested. The complexities of rules of origin - part and … parcel of all preferential agreements - have resulted in low utilization rates in Asia. The key driver of trade integration … neighbouring countries whilst producing surpluses with the USA and the EU. At the same time, deeper trade integration in Asia, e …

Persistent link: https://www.econbiz.de/10010956085

Global Governance of Global Monetary Relations: Rationale and Feasibility

Frieden, Jeffry A. - Institut für Weltwirtschaft (IfW) - 2008

Is there a valid argument for international cooperation, and some form of international governance structure, in the international monetary realm? On the purely economic front, the argument is not strong. Yet a broader political economy approach concludes that national currency policy can in...

Persistent link: https://www.econbiz.de/10005083396

Resource-Based Reluctance, Reversed Asymmetry, and Non-Trade Integration Incentives - Theory and Evidence from European Neighbourhood

Franke, Anja; Gawrich, Andrea; Melnykovska, Inna; … - Institut für Weltwirtschaft (IfW) - 2009

Among ENP countries, Azerbaijan is outstanding because it leans on its resource base and sees the EU at the receiving end of bilateral relations. At the other extreme, Ukraine depends on EU cooperation, especially with respect to trade. We develop a comprehensive theoretical concept for...

Persistent link: https://www.econbiz.de/10005026906

Income and Democracy. A Comment on Acemoglu, Johnson, Robinson, and Yared (2008)

Gundlach, Erich; Paldam, Martin - Institut für Weltwirtschaft (IfW) - 2008

Acemoglu, Johnson, Robinson, and Yared (2008) demonstrate that estimation of the standard adjustment model with country-fixed and time-fixed effects removes the statistical significance of income as a causal factor of democracy. We argue that their empirical approach must produce insignificant...

Persistent link: https://www.econbiz.de/10005566182