A number of dramatic changes are currently reshaping infrastructure, a sector that investors and asset managers have traditionally considered to be a safe harbor in the field of alternative investments. Understanding the future of infrastructure is indispensable to guaranteeing a sustainable...

In this paper we compare sources of economic growth in Japan and the United States from 1975 through 2003, focusing on the role of information technology (IT). We have adjusted Japanese data to conform to U.S. definitions in order to provide a rigorous comparison between the two economies. The...

Conventional wisdom has it that global financial markets were as well integrated in the 1890s as in the 1990s, but that it took several post-war decades to regenerate the connections that existed before 1914. This view has emerged from a variety of tests for world financial capital market...

Chapter 1: Introduction -- Chapter 2: Growth Constraints, Aid Targets and Basic Needs -- Chapter 3: Export Pessimism and the Neoclassical Revival -- Chapter 4: Debt and Adjustment: Muddling Through -- Chapter 5: The Collapse of Planning and the Troubled Transition -- Chapter 6: The Birth of the...

Chapter 1. The Effect of HR Practices on the Fulfilment of a Psychological Contract in the Context of the Polish Organizational Culture -- Chapter 2. A Seat at the Table: Exploring 4.0 Leadership Attributes Using a Thematic Approach -- Chapter 3. Are Co-working Spaces Communitarian, and Open?...

In their striving toward development, a number of less developed countries have espoused bilateral trade as yet another policy instrument allowing them to increase their acquisition of foreign resources. This has been particularly true of the trade of India, Pakistan, and Egypt, on which some...

We study the implications of global supply chains for the design of monetary policy, using a small-open economy New Keynesian model with multiple stages of production. Within the family of simple monetary policy rules with commitment, a rule that targets separate producer price inflation at...

Common wisdom dictates that uncertainty impedes trade--we show that uncertainty can fuel more trade in a simple general equilibrium trade model with information frictions. In equilibrium, increases in uncertainty increase both the mean and the variance in returns to exporting implying that trade...

We study the role of global trade imbalances in shaping the adjustment dynamics in response to trade shocks. We build and estimate a general equilibrium, multi-country, multi-sector model of trade with two key ingredients: (a) Consumption-saving decisions in each country commanded by...

Post WWII globalization forces are facing headwinds in the form of global crises-the "The Great Recession" and the "The Pandemic Recession". Israel's trade and financial globalization, however, is steadily rising. The pandemic-induced slump in economic activity is deep, as consumer spending,...