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Most dynamic trade models assume steady state or balanced growth. This paper argues while this can be done in a single region model or a model without trade, the steady state assumption is problematic in a multi-regional setting with trade interactions. This paper shows the consequences of...
Persistent link: https://www.econbiz.de/10010330104
Climate change affects the physical and biological system in many regions of the world. The extent to which human … disaggregated framework to analyze adaptation to climate change in different regions of the world. It turns out that vulnerability …
Persistent link: https://www.econbiz.de/10010265498
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. …
Persistent link: https://www.econbiz.de/10010265365
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The paper discusses the most important elements of an institutional order for a globalizing world economy. Rules for …
Persistent link: https://www.econbiz.de/10010265338
Die Vorstellung, die Wirtschaftspolitik könne auf die Globalisierung durch eine internationale Kooperation und …
Persistent link: https://www.econbiz.de/10010265347
Persistent link: https://www.econbiz.de/10010265337
Volkswirtschaften Stabilitätsstandards bei sich umsetzen. Die institutionellen Regelungen der Weltwirtschaft sollten deshalb auf die …
Persistent link: https://www.econbiz.de/10010265430
Persistent link: https://www.econbiz.de/10010265285
countries as well as the world economy benefit from factor flows. They also define whether factors are accumulated, for instance …
Persistent link: https://www.econbiz.de/10010291767