Globalization seems to have diminished the importance of geographical distance. However, empirical studies find that …

The ongoing process of globalization, which is boosted by technological and political catalysts as well, increasingly … refrain from restricting global competition by protectionistic measures, because substantial gains from globalization for the … world economy in general and terms-of-trade improvements for industrial countries in particular are at stake. …

The paper discusses the most important elements of an institutional order for a globalizing world economy. Rules for …

Die Vorstellung, die Wirtschaftspolitik könne auf die Globalisierung durch eine internationale Kooperation und …

Volkswirtschaften Stabilitätsstandards bei sich umsetzen. Die institutionellen Regelungen der Weltwirtschaft sollten deshalb auf die …

countries as well as the world economy benefit from factor flows. They also define whether factors are accumulated, for instance …