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The rules governing trade and capital flows have been at the center of controversy as globalization has proceeded. One …, IMF, and World Bank meetings demanding global labor standards. Comparing the claims made in this debate with the outcomes … market. Changes in trade policy have had modest impacts on labour market. Other aspects of globalization -- immigration …
Persistent link: https://www.econbiz.de/10012468655
This paper directs attention at the globalization of knowledge and knowledge creation as the fundamental global driver … of economic outcomes in today's information economy. It documents the globalization of knowledge and spread of scientific … the key component in productivity and growth, its spread and creation is the one ring of globalization that rules the more …
Persistent link: https://www.econbiz.de/10012459360
This paper assesses the claim the the US faces an impending labor shortage due to the impending retirement of baby boomers and slow growth of the US work force, and that the country should orient labor market and educational policies to alleviate this prospective shortage. I find that this...
Persistent link: https://www.econbiz.de/10012466124
(1) The U.S. share of the world's science and engineering graduates is declining rapidly as European and Asian …
Persistent link: https://www.econbiz.de/10012467223
The European Union and the United States operate different variants of market capitalism. The EU model uses social dialogue institutions to help determine economic outcomes, particularly in the labor market, whereas the US relies more on market forces. The theory of competitive markets provides...
Persistent link: https://www.econbiz.de/10012466363
In the 1980s, the wages and employment rates of less-skilled Americans fell relative to those of more-skilled workers. This paper examines the contribution of the continuing inflow of less-skilled immigrants and the increasing importance of imports in the U.S. economy to these trends. Our...
Persistent link: https://www.econbiz.de/10012475244
China-born scientists and engineers who conduct their research outside China, the diaspora researchers of our title, contributed to global science through the exceptional quantity and quality of their scientific work and through distinctive connections to China-based researchers and research....
Persistent link: https://www.econbiz.de/10012481752
This study documents the rapid spread of higher education around the world and the consequent reduced share of the US … in the world's university students and graduates. It shows that the proportion of young persons who go to college has …
Persistent link: https://www.econbiz.de/10012463687
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/10012466354
Various arguments have been used to explain Sub-Saharan Africa's economic decline. We find that a stress on investments in education as a prerequisite for more rapid growth is misplaced; that greater openness is far from sufficient to insure economic progress; that income inequality and urban bias...
Persistent link: https://www.econbiz.de/10012471865