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People passionately disagree about the nature of the globalization process. The failure of both the 1999 and 2003 World … commitments from developed countries. Challenges to Globalization evaluates the arguments of pro-globalists and anti …-globalists regarding issues such as globalization's relationship to democracy, its impact on the environment and on labor markets including …
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Openness appears to have a strong impact on economic growth especially in DCs, which typically exhibit a high share of physical capital in factor income and a low share of labor. In the neoclassical growth model with partial capital mobility, physical capital's share in factor income determines...
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The purpose of this paper is to offer an explanation of why a developing country may adopt a partial reform under which foreign direct investments are controlled. We consider a country where the ruling elite [referred to as State capital] prevents the entry of Foreign capital and taxes the...
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The purpose of this study is to draw attention to the linkages between country risk and the openness of an economy, and to demonstrate that in the long run the openness of an economy is endogenously determined by the interaction between endowments and policies. The presence of country risk poses...
Persistent link: https://www.econbiz.de/10012476658
Openness appears to have a strong impact on economic growth especially in DCs, which typically exhibit a high share of physical capital in factor income and a low share of labor. In the neoclassical growth model with partial capital mobility, physical capital's share in factor income determines...
Persistent link: https://www.econbiz.de/10014195158