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Abstract What do climate change, global financial crises, pandemics, and fragility and conflict have in common? They are all examples of global risks that can cross geographical and generational boundaries and whose mismanagement can reverse gains in development and jeopardize the well-being of...
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over the next 80 years for Japan, the United States, other industrial countries, and the developing regions of the world …The world is in the midst of a major demographic transition. This paper examines the implications of such transition …
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This paper examines the impact of rising trade and financial integration on international business cycle comovement among a large group of industrial and developing countries. The results provide at best limited support for the conventional wisdom that globalization has increased the degree of...
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We estimate a gravity model to address the question of whether Africa’s bilateral trade with industrial countries is “unusual” compared with other developing country regions. Our main finding is that the unusually low level of African trade is explained by economic size, geographical...
Persistent link: https://www.econbiz.de/10014400668
Although the rest of the world had waited a long time for China to open up, feelings were mixed when it actually did … and began to integrate rapidly with the world economy. With the country’s recent accession to the World Trade Organization … (WTO), many of its trading partners are increasingly concerned that China’s competition in the world goods and capital …
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