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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 …
Persistent link: https://www.econbiz.de/10010282215
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/10010267513
recent decades as a result of increased globalization of knowledge, technologies and economies. In particular I look at the … development in a number area where similar trends are observed. The areas studied include globalization, in-sourcing and …
Persistent link: https://www.econbiz.de/10010268174
globalization (1985-2005), there has been some convergence of business cycle fluctuations among the group of industrial economies …
Persistent link: https://www.econbiz.de/10010276108
technology, globalization tends to lead to convergence. Moreover, under non-convex technology trade and migration tend to be …
Persistent link: https://www.econbiz.de/10010289941
. The World Values Survey provided a data framework of global value change, whose quantitative results led Barro (2004) to … is whether modernization without spiritual values in a globalized world economy and world society possible in the long … current world crisis is far more connected with these dimensions. We conclude that not a society based on fear is needed in …
Persistent link: https://www.econbiz.de/10010271305
This paper examines the impact of capital market integration (CMI) on higher education and economic growth. We take into account that participation in higher education is non-compulsory and depends on individual choice. Integration increases (decreases) the incentives to participate in higher...
Persistent link: https://www.econbiz.de/10010267663
The Easterlin paradox suggests that there is no link between a society's economic development and its average level of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a broader array of countries, we establish a clear positive...
Persistent link: https://www.econbiz.de/10010268822
There is no significant relationship between the improvement in happiness and the long term rate of growth of GDP per capita. This is true for three groups of countries analyzed separately - 17 developed, 9 developing, and 11 transition - and also for the 37 countries taken together. Time series...
Persistent link: https://www.econbiz.de/10010269194
Does faster economic growth increase pressure for democratic change, or reduce it? Using data for 154 countries for the period 1963-2007, we examine the short-run relationship between economic growth and moves toward and away from greater democracy. To address the potential endogeneity of...
Persistent link: https://www.econbiz.de/10010269675