Showing 1 - 10 of 172
The connections between globalization and democracy are a classic question in international political economy and a … positive relationships running both ways between globalization and democracy, though exceptions obtain at particular times …
Persistent link: https://www.econbiz.de/10012466214
causal impact of openness on democratization. A positive impact of openness on democracy is apparent from about 1895 onwards …We study whether international trade fosters democracy. The likely endogeneity between democracy and trade is addressed …. Late nineteenth century trade globalization may have helped generate the "first wave" of democratization. Between 1920 and …
Persistent link: https://www.econbiz.de/10012467568
This paper addresses the interactions between globalization, the quality of democracy, and economic convergence using … simultaneous estimation techniques. To reflect process, we use multi-dimensional, de facto, and continuous measures of democracy … the income frontier. Using this measure of development, we extend the test for the two-way relationship between democracy …
Persistent link: https://www.econbiz.de/10012459086
during World War II (WWII) and German Socioeconomic Panel. Our identification strategy leverages a generalized difference …
Persistent link: https://www.econbiz.de/10013334501
democracy with capital flows and international order. The trilemmas in short depict the way that domestic monetary, financial …
Persistent link: https://www.econbiz.de/10012457651
. However, the introduction of elections and other early trappings of democracy often has the perverse effect of exacerbating … democracy and capitalism--is to move to a governance structure based on impersonal rules that apply in the same way to everyone …
Persistent link: https://www.econbiz.de/10015072872
"By documenting the evolution of Tobin's "q" before, during, and after firms internationalize, this paper provides evidence on the bonding, segmentation, and market timing theories of internationalization. Using new data on 9,096 firms across 74 countries over the period 1989-2000, we find that...
Persistent link: https://www.econbiz.de/10010522397
A Third World data base documenting commodity and factor prices 1870-1940 has been collected, yielding annual time …/rental ratios the world round between 1870 and 1940. The data offer a useful way to identify the impact of globalization on the pre …-industrial Third World. This paper finds commodity price convergence to have been bigger in the Third World than the Atlantic economy …
Persistent link: https://www.econbiz.de/10012470966
Some world historians attach globalization big bang' significance to 1492 (Christopher Colombus stumbles on the … important events in recorded history. Other world historians insist that globalization stretches back even earlier. There is a … third view which argues that the world economy was fragmented and completely de-globalized before the 19th century. None of …
Persistent link: https://www.econbiz.de/10012471135
This paper examines the effect of reduced transaction costs in the international trading of assets on the ability of governments to issue debt. We examine a model in which governments care about the welfare of their citizens, and thus are more inclined to default if a large proportion of their...
Persistent link: https://www.econbiz.de/10012471194