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Globalization and the (mis)governance of nations
Blouin, Arthur; Ghosal, Sayantan; Mukand, Sharun - 2012
We analyze whether or not the globalization of capital, disciplines governments and improves governance. We demonstrate … that globalization affects governance, by increasing a country's vulnerability to sudden capital flight. This increased … threat of capital flight can discipline governments and improve governance and welfare by placing countries in a golden …
Persistent link: https://www.econbiz.de/10010280832
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Real and Monetary Challenges to Wage Policy in Germany at the Turn of the Millennium: Technical Progress, Globalization and European Monetary Union
Franz, Wolfgang - 1999
At the turn of the millennium three frequently cited potential causes of new challenges for wage p olicy in Germany are revisited in this study: skilled-biased technological progress, the increasing international integration of labor and product markets, and the monetary integration of the EMU....
Persistent link: https://www.econbiz.de/10010314965
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Do Civil and Political Repression Really Boost Foreign Direct Investments?
Harms, Philipp; Ursprung, Heinrich - 2001
Multinational enterprises are often accused to have a preference for investing in countries in which the working populations' civil and political rights are largely disregarded. This paper presents an empirical investigation of the popular political repression boosts FDI hypothesis and arrives...
Persistent link: https://www.econbiz.de/10010315140
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Did Partial Globalization Increase Inequality? Did Inequality Stimulate Globalization Backlash? The case of the Latin American Periphery, 1950-80
Baten, Jörg - 2002
Inequality is an important threat to the globalization of the world economy that we experience today. This contribution … a globalization backlash . The closing of commodity and capital markets did always take place during - or 5-10 years …
Persistent link: https://www.econbiz.de/10010315348
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Human Capital Investment and Globalization in Extortionary States
Andersson, Fredrik; Konrad, Kai A. - 2002
This paper considers education investment and public education policy in closed and open economies with an extortionary government. The extortionary government in a closed economy chooses an education policy in order to overcome a hold-up problem of time-consistent taxation similar to benevolent...
Persistent link: https://www.econbiz.de/10010315350
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Globalisation, Competitive Governments, and Constitutional Choice in Europe
Breton, Albert; Ursprung, Heinrich - 2002
The traditional school of economic policy analysis predicts that globalisation will give rise to predatory competition …
Persistent link: https://www.econbiz.de/10010315465
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The Impact of Liberalisation and Globalisation on Income Inequality in Developing and Transitional Economies
Cornia, Giovanni Andrea - 2003
background of the shifts that occurred in this area during the globalisation of 1870-1914. The paper finds that recent changes in …
Persistent link: https://www.econbiz.de/10010315705
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Globalisation and Social Spending
De Grauwe, Paul; Polan, Magdalena - 2003
We provide evidence indicating that countries with well-developed social security systems do not necessarily face a trade-off between social spending and competitiveness. On average, countries that spend a lot on social needs score well in the competitiveness league. We investigate the...
Persistent link: https://www.econbiz.de/10010315773
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Fair Wages and Human Capital Accumulation in a Global Economy
Kreickemeier, Udo - 2004
, the effects of a globalization shock - modelled as the entry of newly industrializing countries into the trading world …
Persistent link: https://www.econbiz.de/10010315866
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The Global Effects of COVID-19-Induced Uncertainty
Caggiano, Giovanni - 2020
We estimate a three-variate VAR using proxies of global financial uncertainty, the global financial cycle, and world industrial production to simulate the effects of the jump in financial uncertainty observed in correspondence of the Covid-19 outbreak. We predict the cumulative loss in world...
Persistent link: https://www.econbiz.de/10012834352