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The paper discusses the costs and benefits to be expected by least-developed and low-income ("vulnerable") economies if they accede to the WTO, the impact of current debates about WTO reform on vulnerable economies, and measures to make it easier for vulnerable economies to accede to and...
Persistent link: https://www.econbiz.de/10011490730
The rapid diffusion of the internet and electronic commerce changes the way business and international trade take place. The new economy poses new challenges to the international regulatory framework, since small distortions due to differing sets of regulations and taxation between countries...
Persistent link: https://www.econbiz.de/10011474230
The claim of globalization critics that the income gap to industrial countries is bound to widen for essentially all … developing countries as a consequence of economic globalization is in conflict with empirical evidence. Economic performance … and foreign indebtedness which may explain the varying experience with globalization in regard to per capita income growth …
Persistent link: https://www.econbiz.de/10011495392
Openness appears to have a strong impact on economic growth especially in DCs, which typically exhibit a high share of physical capital in factor income and a low share of labor. In the neoclassical growth model with partial capital mobility, physical capital's share in factor income determines...
Persistent link: https://www.econbiz.de/10011472082
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recent decades as a result of increased globalization of knowledge, technologies and economies. In particular I look at the … development in a number area where similar trends are observed. The areas studied include globalization, in-sourcing and … investment ; globalization ; outsourcing ; technology ; capability ; energy ; trade flows ; inequality and poverty ; technology …
Persistent link: https://www.econbiz.de/10003646693
The purpose of this paper is to provide a contribution to the identification of the role of entrepreneurship in economic growth by mapping out: 1) alternative ways of looking at entrepreneurship, distinguishing 'creative destruction' from simple 'turbulence'; 2) the different microeconomic...
Persistent link: https://www.econbiz.de/10009536406
This paper brings forward a three-country model to analyze the internationalization process in the age of globalization …
Persistent link: https://www.econbiz.de/10011476519