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The globalization of capital and product markets has many implications for economic welfare. Countries can specialize …, one potentially adverse effect of globalization is the possibility that business cycle volatility might increase. Rapid …
Persistent link: https://www.econbiz.de/10010260496
This paper discusses whether the integration of international financial markets affects business cycle fluctuations. In the framework of a new open economy macro-model, we show that the link between financial openness and business cycle volatility depends on the nature of the underlying shock....
Persistent link: https://www.econbiz.de/10010260514
It is for good reasons that economic policymakers have rejected demands by globalization sceptics to fundamentally …
Persistent link: https://www.econbiz.de/10010265519
Der Beitrag analysiert die internationalen Produktionsverlagerungen und Investitionsverflechtungen in der Automobilindustrie, um die These zu überprüfen, dass es selbst bei der Herstellung relativ wissensund technologieintensiver Güter zu einem nachdrängenden Wettbewerb aus Ländern mit...
Persistent link: https://www.econbiz.de/10010265463
measured by the World Bank's Country Policy and Institutional Assessment (CPIA). If the CPIA is replaced by the Kaufmann index …
Persistent link: https://www.econbiz.de/10010273156
Persistent link: https://www.econbiz.de/10003745109
Persistent link: https://www.econbiz.de/10003780183
unexpected loss of liquidity, or trends in globalization and deregulation in financial markets. The analysis finds disturbing … supervision in every country in the world. The paper concludes by identifying reforms that would improve incentives by increasing … transparency and accountability in government and industry alike. "--World Bank web site …
Persistent link: https://www.econbiz.de/10003771166
risky, which is consistent with the demise of the U.S. investment banking sector. "--World Bank web site …
Persistent link: https://www.econbiz.de/10003821072
Persistent link: https://www.econbiz.de/10003442359