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Distinguished trade theorists maintain that a national economy cannot be uncompetitive as a whole, contrary to the frequent statements of many politicians, because a country must possess a comparative advantage in some sector according to Ricardo’s principle. In this paper the author...
Persistent link: https://www.econbiz.de/10009021707
The purpose of this paper is to present, in a general, non exhaustive manner, a diachronic relationship the macroeconomic phenomenology of Kondratieff cycles and higher education –targeted reforms. Historical evidence presented by the speciality literature show that these reforms have occured...
Persistent link: https://www.econbiz.de/10009294664
The ravaging global financial crises that have engulfed most developed nations and spread to emerging economies in the South and West poles of the globe have been found to emanate from United State unpaid housing mortgages. The crises have resulted to decline in consumer wealth, economic...
Persistent link: https://www.econbiz.de/10009397205
implications are (b) the emergence of a new social formation that may be called World Market Capitalism, which has a vastly … system that then existed in the world, and (c) the transition from a uni-polar world, with the U.S.A. as the single center of … power, after the fall of the Soviet Union in 1989, to a multi-polar world order at the end of the first decade of the 21st …
Persistent link: https://www.econbiz.de/10008596380
It is generally accepted that the recent economic crisis of 2007-2010 has caused widespread economic recession in different countries. Since the ports and coastal regions are of great importance to economic infrastructure, this study examined the possible impact resulting from such a global...
Persistent link: https://www.econbiz.de/10011108429
It became clear, sometimes in a dramatic way that the world is going through the most difficult economic and financial …
Persistent link: https://www.econbiz.de/10011112768
Caused by the lack of an international financial regulations framework and under the circumstances of markets volatility persistence, the global financial balances deteriorated during the postcrisis period. The bail-out of the banking system by public or multilateral intervention instead of...
Persistent link: https://www.econbiz.de/10011258294
Under the global crisis impact the structure of international trade flows witnessed significant changes. In the case of Romania, paradoxically for an emerging country, in terms of product composition during 2007-2010, the share of capital goods decreased in total imports and increased in total...
Persistent link: https://www.econbiz.de/10009647229
The rise of the extreme poles in the European political Spectrum, corresponds currently with a clear call for help by the site of simple People, combined with the desire for a serious confrontation with the tragic impasse reproduced by the extreme Problems of the everyday live . In this case,...
Persistent link: https://www.econbiz.de/10011251884
This paper describes the socio-economic adjustment effects exerted by globalization (taking as starting points competitive pressure, sectoral shifts, and financial market contagion) and discusses their relevance for domestic policy-making. I argue that these economic pressures and the resulting...
Persistent link: https://www.econbiz.de/10011259135