globalization (1985-2005), there has been some convergence of business cycle fluctuations among the group of industrial economies … of countries but divergence (or decoupling) between them. -- Globalization ; business cycles ; macroeconomic fluctuations …

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 …

This study empirically examines the fragility of five major Asian economies (China, Hong Kong, India, Japan, and South … asymmetric effect on macro variables of China, Hong Kong, and South Korea during the quantitative easing period (QE) and the …

The financial crisis has re-ignited the fierce debate about the merits of financial globalization and its implications …

common component, we find evidence for a "world business cycle" as well as evidence for a distinct European common component …

China) countries. The results reveal a strong impact of international variables on GDP growth. In contrast to the other … countries, China plays a crucial role in determining global trade and oil prices. Hence, the change in the Chinese growth …

We examine the Exchange Rate Volatility (ERV) response to the Economic Policy Uncertainty (EPU) shocks from a panel VAR …

Defining the 'global middle class' as being neither poor nor rich in the developed world, we estimate the size of the … global middle class in China and 33 other countries and analyze China's expanding middle class in international perspective …. China's global middle class has grown rapidly and has been catching up with that in developed countries. By 2018 China …