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of the world. The intraregional exchange rate variability is thus latent. A two-step procedure is developed to measure …
Persistent link: https://www.econbiz.de/10003740327
The world economy is going through its biggest transformation in a relatively short space time. There have been many … seems little understood. In turn, there has been little preparation for, or adjustment to, this changing world, though if …. We highlight the dramatic degree of the shifts taking place in world GDP and trade and include fresh projections of what …
Persistent link: https://www.econbiz.de/10010354737
Persistent link: https://www.econbiz.de/10012060277
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This working paper examines the conditions under which the European Union (EU) engages externally in competition policy. In addition, it tests the appropriateness of applying a neofunctionalist approach to specify the conditions under which the EU engages externally in this policy area. The...
Persistent link: https://www.econbiz.de/10013286639
This paper examines the effects of globalisation on the pace of governments implementing international travel restrictions during the recent coronavirus pandemic. We find that more globalised countries experienced a longer delay in implementing international travel restriction policies with...
Persistent link: https://www.econbiz.de/10012242056
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Financial globalisation has led to large increases in foreign assets and liabilities in recent decades, increasing the scope for valuation changes that are potentially greater than trade or financial flows. We confirm that the United States enjoys an 'exorbitant privilege' on flow income from...
Persistent link: https://www.econbiz.de/10011797678
Persistent link: https://www.econbiz.de/10011974222
Drawing on global media reports, we conduct a sentiment analysis of the image of China's Belt and Road Initiative (BRI) and the evolution of its image over time. Our main finding is that perceptions of the initiative deteriorated significantly in many geographies from 2017 to 2022. The notable...
Persistent link: https://www.econbiz.de/10014316150