Thanks to a level of growth in foreign investment, the gap is narrowing between Romania and other East European countries like the Czech Republic, Poland and Hungary, countries normally considered the preferred choice of foreign investors. In the last years, Romania has become a more appealing...

I investigate whether timing of the elections impact economic globalization process or not in India. In other words, do elections slowdown economic globalization process? The theoretical underpinning is that, policies of economic globalization lead to economic and social hardships in short run...

Article about the causes, patterns and trends in the development processes of globalization and Russia's place in the global world. The author analyzes the dynamics of globalization in the political, economic, cultural and legal fields developed on the basis of their three-level classification...

The Brazilian economy starts the 1990’s focusing on the trade liberalization programs that have been started in the middle 1980’s. The competition in the external market does call for modernization and changes in the productive structure of the economy. This study has select 19 sectors...

The purpose of this paper is to test the hypothesis first proposed by Romer (1993); suggesting that inflation is lower in more open economies. According to this hypothesis, central banks have a lower incentive to engineer surprise inflations in more-open economies because the Phillips curve is...

Economic globalization is one of the hottest topics among academics, government agencies and other concerned organizations. This paper investigates whether the overall benefits of economic globalization are greater than their costs, and discusses the interaction among economic globalization,...

Economic integration theory goes through two development stages each of which addresses the relevant for its time political and economic context The first stage is regarded as classic theory or static analysis and includes the traditional theories of economic integration that explain the...

The paper focuses on China’s economic integration with Asia region and the world. It also attempts to find the long run relation with short run dynamics of China’s trade in Asia and the world. The augmented Dicky-Fuller (ADF) and Phillips-Perron (PP) methods are applied to test the...

Notwithstanding there has been voluminous concern among the researchers and policymakers, the theoretical predictions and empirical evidences regarding the impact of economic integration on spatial concentration of industries are ambiguous. The paper critically reviews the theoretical and...

The ASEAN wide economic cooperation under the ‘ASEAN umbrella principle’ is fitting the ASEAN’s ‘open and soft regionalism’ character. It helps ASEAN to achieve a comprehensive trade and investment integration in the short to medium-run and financial integration in the long-run. In...