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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
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
Economic theory has identified a number of channels through which openness to international financial flows could raise productivity growth. However, while there is a vast empirical literature analyzing the impact of financial openness on output growth, far less attention has been paid to its...
Persistent link: https://www.econbiz.de/10003747653
This paper is intended to provide an updated discussion on a series of issues that the relevant literature suggests to be crucial in dealing with the challenges a middle income country may encounter in its attempts to further catch-up a higher income status. In particular, the conventional...
Persistent link: https://www.econbiz.de/10010350349
This paper aims to provide a critical overview of the drivers that the relevant theoretical and empirical literature suggests being crucial in dealing with the challenges an emerging country may encounter in its attempts to further catch-up a higher income status, with a particular focus devoted...
Persistent link: https://www.econbiz.de/10011916217
. The World Values Survey provided a data framework of global value change, whose quantitative results led Barro (2004) to … question is whether "modernization" without "spiritual values" in a globalized world economy and world society possible in the … economic growth in the current world crisis is far more connected with these dimensions. We conclude that not a society based …
Persistent link: https://www.econbiz.de/10003901779
significant impediment to growth but religious and linguistic heterogeneity have not. Further, while economic globalization has … more from global integration. This suggests the importance of globalization in redressing the detrimental impact of ethnic … ; property rights ; ethnic heterogeneity ; globalization …
Persistent link: https://www.econbiz.de/10009534885
Defining the 'global middle class' as being neither poor nor rich in the developed world, we estimate the size of the …
Persistent link: https://www.econbiz.de/10012588683
Cross-country regressions suggest little connection from foreign capital inflows to more rapid economic growth for developing countries and emerging markets. This suggests that the lack of domestic savings is not the primary constraint on growth in these economies, as implicitly assumed in the...
Persistent link: https://www.econbiz.de/10003697367