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process of financial globalization. Our central findings indicate that policies promoting financial sector development …, institutional quality and trade openness appear to help developing countries derive the benefits of globalization. Similarly, sound … unavoidable tensions inherent in evaluating the risks and benefits associated with financial globalization. In light of these …
Persistent link: https://www.econbiz.de/10013134774
The financial crisis has re-ignited the fierce debate about the merits of financial globalization and its implications …
Persistent link: https://www.econbiz.de/10013159591
To what extent has eight years of participation in the Group of Twenty Finance Ministers and Central Bank Governors (G20) strengthened the influence of developing countries in global governance? This paper tries to answer this question by assessing the degree to which the G20's annual...
Persistent link: https://www.econbiz.de/10012709172
A Free Trade Area of the Asia-Pacific (FTAAP) has been proposed as a long-term prospect by the Asia-Pacific Economic Cooperation. This paper examines the impact of the FTAAP on the national and regional economies in China using a suite of general equilibrium models: APG-Cubed, a dynamic global...
Persistent link: https://www.econbiz.de/10014212898
world's 6.7 billion people is so overwhelming that it is a nonstarter. Furthermore, it can be argued that any meaningful … international elites like those who gather for the World Economic Forum in Davos. Finally, one can argue that civics assumes … effective enforcement and a state, and since we do not have a world government, any talk of global civics is whimsical …
Persistent link: https://www.econbiz.de/10013146547
For countries to engage successfully in the international trading system, their industries, firms, and workers must respond continually to new conditions of competition. The continuing need to adjust arises both from policy changes approved in multilateral negotiations - e.g., implementation of...
Persistent link: https://www.econbiz.de/10012725933
To estimate the emissions reductions and costs of a climate policy, analysts usually compare a policy scenario with a baseline scenario of future economic conditions without the policy. Both scenarios require assumptions about the future course of numerous factors such as population growth,...
Persistent link: https://www.econbiz.de/10014211525
fragile economies of some of the world's poorest countries, while claiming millions of innocent lives. They may also suck in … that have plunged into civil war abound. Sierra Leone was one of the world's poorest countries with a per capita GNI of … $130, making Zaire the second poorest country in the world. Today, the DRC remains violent in places and highly unstable …
Persistent link: https://www.econbiz.de/10014224129