competitiveness due to ongoing globalization it seems advisable to promote at a national level those policies which might help to … enhance both integration into the regional and world markets. Prominent candidates for such policies are the build-up of … estimates by the World Bank (1994) about 60 billion US$ would have to be invested in infrastructure up to the year 2000 to …

balance of trade. Therefore, our results suggest that globalization reduces the role of exchange rates in stimulating the …

This paper examines the European Union's changing perspective on globalization, reflecting a shift from its …