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Global Macroeconomic and Financial Supervision : Where Next?

Goodhart, Charles - 2011

The overriding practical problem now is the tension between the global financial and market system and the national political and power structures. The main analytical short-coming lies in the failure to incorporate financial frictions, especially default, into our macro-economic models. Neither...

Persistent link: https://www.econbiz.de/10012460975

Bilateral Trade as a Development Instrument Under Global Trade Restrictions

Nashashibi, Karim - 1974

In their striving toward development, a number of less developed countries have espoused bilateral trade as yet another policy instrument allowing them to increase their acquisition of foreign resources. This has been particularly true of the trade of India, Pakistan, and Egypt, on which some...

Persistent link: https://www.econbiz.de/10012479072

Which Parts of Globalization Matter for Catch-up Growth?

Romer, Paul M. - 2010

Economists devote too much attention to international flows of goods and services and not enough to international flows of ideas. Traditional trade flows are an imperfect substitute for flows of the underlying ideas. The simplest textbook trade model shows that a welfare-enhancing move toward...

Persistent link: https://www.econbiz.de/10012462900

Riding the Wave of Trade : Explaining the Rise of Labor Regulation in the Golden Age of Globalization

Huberman, Michael - 2009

labor regulation of partners because intraindustry trade was important. The New World exported less differentiated products …

Persistent link: https://www.econbiz.de/10012463276

Globalization and Inequality : Historical Trends

O'Rourke, Kevin H. - 2001

the (less rich) Old World more equal. The evidence on the links between within-country inequality and globalization in the … the links between them. In doing so, it distinguishes between (a) the different dimensions of globalization; and (b …) between-country and within-country inequality. Theory suggests that globalization will have very different implications for …

Persistent link: https://www.econbiz.de/10012470385

Trade and Investment in the Global Economy

Anderson, James E. - 2017

actual aggregate cross-section data for 89 countries in 2011 to a hypothetical world without FDI. The gains from FDI amount … to 9\% of world's welfare and to 11% of world's trade, unevenly distributed among winners and losers. Net exports of FDI …

Persistent link: https://www.econbiz.de/10012453954