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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/10003816538
This study explores the effects of globalization on gender inequality. Specifically, we depict that, in terms of … capital market integration, globalization alters the gender gap in wage rates through changes in labor demand for capital …-intensive sectors. Consequently, globalization leads to opposite effects on the couple's labor supply and fertility decisions in capital …
Persistent link: https://www.econbiz.de/10011925357
The financial crisis has re-ignited the fierce debate about the merits of financial globalization and its implications …
Persistent link: https://www.econbiz.de/10003831857
In theory, one of the main benefits of financial globalization is that it should allow for more efficient international … better risk sharing outcomes during the recent period of globalization. Developing countries have, by and large, been shut … flows may help explain why emerging markets have not been able to realize this presumed benefit of financial globalization …
Persistent link: https://www.econbiz.de/10003586563
We develop a new dynamic factor model that allows us to jointly characterize global macroeconomic and financial cycles and the spillovers between them. The model decomposes macroeconomic cycles into the part driven by global and country-specific macro factors and the part driven by spillovers...
Persistent link: https://www.econbiz.de/10012178610
status of women. Although historically globalization is not generally linked to the advancement of women, several recent …
Persistent link: https://www.econbiz.de/10003392246
There is no empirical evidence that trade exposure per se increases child labour. As trade theory and household economics lead us to expect, the cross-country evidence seems to indicate that trade reduces or, at worst, has no significant effect on child labour. Consistently with the theory, a...
Persistent link: https://www.econbiz.de/10011410919
Globalization is not only about the rise of trade, FDI, and migration. It is also about the changing linkages among … investment in human capital. Overall, our results highlight the need to study globalization in a fully integrated way, not just …
Persistent link: https://www.econbiz.de/10002501874
heterogeneity in the degree of globalization over time and across countries and regions of the World, as well as within countries …The process of globalization is an international economic order which has led to the progressive integration of the … world economy through the pulling the barrier of trade and greater mobility of factors of production. In addition the …
Persistent link: https://www.econbiz.de/10002764241
This paper has three objectives. The first is to discuss the major issues involved in defining and measuring child poverty. The choices that must be made are clarified, and a set of six principles to serve as a guide for public policy are stated. The second objective is to take stock of child...
Persistent link: https://www.econbiz.de/10002764242