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International economic theory and politics: world structure before, during and after the early 21st Century Crisis
Naqvi, Nadeem - Volkswirtschaftliche Fakultät, … - 2010
In his Inquiry into the Nature and Causes of the Wealth of Nations Adam Smith (1776) considered the phenomenon of division of labor so enormously significant for the creation of a nation’s wealth that he devoted the first three chapters of his book to an investigation of this process. This is...
Persistent link: https://www.econbiz.de/10008596380
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Economic Cycle Volatility in the World Economy and Prospects for Global Economic Equilibrium Recovery
Konchyn, Vadym - Volkswirtschaftliche Fakultät, … - 2011
The article examines the problems of cyclical economic development in the world economy. The trends in economic development and the degree of economic cycle volatility in the world during the 1970-2010 are analyzed. The phenomenon of the Great Moderation as a period of achieving the long-term...
Persistent link: https://www.econbiz.de/10009353833
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The Collapse of Global Trade: What a Tangled Web We Weave
Spehar, Ann; AOS - Volkswirtschaftliche Fakultät, … - 2010
A unique feature of the financial crisis is the unprecedented collapse in global world trade. The objective of this paper is to explain some of that collapse as a move toward protectionism triggered not by nationalistic interests but by ‘competing’ objectives among trading partners from the...
Persistent link: https://www.econbiz.de/10008531925
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The strategy adopted by Romania EURO
Duduiala-Popescu, Lorena - Volkswirtschaftliche Fakultät, … - 2009
In the context in which most countries in Western Europe is almost unanimously accepted advantage of using the single currency, it appreciates that for Romania, whose foreign trade is facing up to approximately 2 / 3 to the market, adopting the single currency will bring real benefits. To become...
Persistent link: https://www.econbiz.de/10005619508
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Institutional aspects of economic integration – economic integration and political integration
Duduiala-Popescu, Lorena - Volkswirtschaftliche Fakultät, … - 2009
Economic integration is defined as the elimination of economic borders between two or more savings. In turn, an economic border demarcation over which any actual or potential mobility of goods, services and factors of production and communication flows, is relatively low. On both sides of a...
Persistent link: https://www.econbiz.de/10005621777
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What Lies Ahead of Germany’s Leadership Role in Europe
BALGAR, CRISTINA - In: Global Economic Observer 2 (2014) 1, pp. 65-75
After almost a quarter of a century since the fall of the Berlin wall, Germany has undoubtedly become the uncontested nerve-centre of the European Union (EU) in both economic and political terms, evolving not only as Europe’s most important economic power, but also as its de facto leader in...
Persistent link: https://www.econbiz.de/10010781449
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The Positive Effects of Globalisation
Tamvada, Jagannadha Pawan - EconWPA - 2002
This paper consits of two parts .. First part is a Static model..and models a globalised economy and observes the effects of sense of security between nations and the willingness of people to develop and cooperate.the Second part considers the world as a set of regions specialising in production...
Persistent link: https://www.econbiz.de/10005556473
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Prospects of Globalization
Mahmud, Muhammad; Almas, Madeha - In: KASBIT Journal of Management & Social Science 4 (2011) 1, pp. 129-136
benefited the people all around, but it entails the inevitable pros and cons as well. Globalization and one of its premium …
Persistent link: https://www.econbiz.de/10010638821
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Prospects of Globalization
Mahmud, Muhammad; Almas, Madeha - In: KASBIT Journal of Management & Social Science 4 (2011) December, pp. 129-136
benefited the people all around, but it entails the inevitable pros and cons as well. Globalization and one of its premium …
Persistent link: https://www.econbiz.de/10010640643
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A major controversy: globalization or not?
Duduiala-Popescu, Lorena - Volkswirtschaftliche Fakultät, … - 2008
Globalization is today one of the phenomena discussed and contested at the same time, beach and speeches in terms of … globalization are spread from the ordinary man in the street, and to speeches by political and academic level. It is surprising how …, sometimes attached sense of this term, how much emotional load associated with it! Globalization is an ambiguous phenomenon …
Persistent link: https://www.econbiz.de/10005836689