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for highly trained and skilled scientists and engineers from the world over. Though this is likely to persist for some …
Persistent link: https://www.econbiz.de/10013324030
never been constant. Globalization increased poor country specialization in commodities when the world went open after the … of life deep into the 18th century. Does world market integration breed more or less commodity price volatility? The … been associated with much greater commodity price volatility, while world market integration associated with peace and pro …
Persistent link: https://www.econbiz.de/10012764828
controlling for these factors, we find that greater exposure to globalization shaped the pattern of regional industrialization in …We use new data on manufacturing in Canada to quantify the impact of globalization on the growth and composition of … industrialization in the second half of the nineteenth century. We find that industries and regions more exposed to international trade …
Persistent link: https://www.econbiz.de/10013295874
Globalization has made it possible for labor in developing countries to augment labor in the developed world, without … world's effective labor supply, triggered by geo-political events and technological innovations, coupled with the inability …
Persistent link: https://www.econbiz.de/10013150645
trade forces produced rising primary product specialization and de-industrialization in the poor periphery. More recently …, modern economists argue that volatility reduces growth in the poor periphery. This paper assess these de-industrialization … divergence between core and periphery. Third, the boom and its de-industrialization impact was only part of the story; growth …
Persistent link: https://www.econbiz.de/10012772451
which financial globalization can be a substitute for reforms of domestic financial system. Inefficient financial system and … investment. While financial globalization always improves the welfare of a developed country with a good financial system, its … the world than many developing countries. A noteworthy feature of this theory is that financial and property rights …
Persistent link: https://www.econbiz.de/10012776812
student flows, business travel, and tourism. Despite its peripheral status in debates over globalization, the movement of …, the dispersion of pay for similarly skilled workers around the world exceeds the dispersion of the prices of goods and …
Persistent link: https://www.econbiz.de/10012761320
about 4.5% of world output in 1970 to over 7% in 1995. The importance of internationalized output fell substantially in … 1995. Outside of petroleum and manufacturing, internationalized production was of little importance. For the world as a …
Persistent link: https://www.econbiz.de/10013220938
globalization (stock of external assets and liabilities). This dominates the effect of an increase in trade globalization (exports … with 14 shocks we show that the theoretical impact of financial and trade globalization on the correlation between capital …
Persistent link: https://www.econbiz.de/10012949930
This paper addresses the interactions between globalization, the quality of democracy, and economic convergence using … and globalization. To reflect context, as defined by space (geography) and time (history), we control for the distance to … and globalization put forward by Eichengreen and Leblang (2008) for the period 1870-2000. Focusing on the more recent wave …
Persistent link: https://www.econbiz.de/10013073949