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have argued that trade makes war less likely, yet World War I erupted at a time of unprecedented globalization. This paper …
Persistent link: https://www.econbiz.de/10012458341
in an interdependent world? This question is at the center of the debate over the future role of GATT (and its successor … labor and environmental policies, and would lead to a significant loss of sovereignty for national governments. In this … labor and environmental standards, and that with relatively modest changes that grant governments more sovereignty, not less …
Persistent link: https://www.econbiz.de/10012471491
In order to enforce a collective choice to allocate resource to guarding against predators producers must subject themselves to the state's sovereign power to tax and to spend. But these sovereign powers in hand the state can exploit the producers by taxing and spending for its" own purposes....
Persistent link: https://www.econbiz.de/10012472524
Narrative records in US newspapers reveal that about 70 percent of Federal Open Market Committee (FOMC) members who served during the last 55 years are perceived to have had persistent policy preferences over time, as either inflation-fighting hawks or growth-promoting doves. The rest are...
Persistent link: https://www.econbiz.de/10012453069
(Nash) world in which there exist no international agreements of any kind. And with national sovereignty characterized in … this benchmark world, we then evaluate the extent to which national sovereignty is compromised by international agreements …What are the sovereign rights of nations in an interdependent world, and to what extent do these rights stand in the …
Persistent link: https://www.econbiz.de/10012468444
Persistent link: https://www.econbiz.de/10000109009
Persistent link: https://www.econbiz.de/10000673943
"We examine how financial expansion and contraction cycles affect the broader economy through their impact on 8 real economic sectors in a panel of 28 countries over 1960-2005, paying particular attention to large, or sharp, contractions and magnifying and mitigating factors. Overall, the...
Persistent link: https://www.econbiz.de/10011395532
"Is inequality largely the result of the Industrial Revolution? Or, were pre-industrial incomes and life expectancies as unequal as they are today? For want of sufficient data, these questions have not yet been answered. This paper infers inequality for 14 ancient, pre-industrial societies using...
Persistent link: https://www.econbiz.de/10010521497
"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