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Gemessen an den jeweiligen Bedürfnissen der Bevölkerung, können Standards in Entwicklungsländern sowohl zu hoch als auch zu niedrig sein. Beides ist möglich. Zu niedrige Standards sind oft darauf zurückzuführen, dass es an Verfahren fehlt, die kollektives Handeln ermöglichen. Übernimmt...
Persistent link: https://www.econbiz.de/10011733850
Auch zu Beginn des 21. Jahrhunderts werden keineswegs alle Menschen auf dieser Erde medizinisch ausreichend versorgt. Viele leiden und sterben immer noch an Krankheiten, die im Prinzip leicht zu behandeln wären. Es ist ein moralisches Anliegen, diesem Missstand Abhilfe zu verschaffen. Hierbei...
Persistent link: https://www.econbiz.de/10011733732
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In theory, one of the main benefits of financial globalization is that it should allow for more efficient international risk sharing. In this paper, we provide a comprehensive empirical evaluation of the patterns of risk sharing among different groups of countries and examine how international...
Persistent link: https://www.econbiz.de/10010268195
This paper examines the impact of rising trade and financial integration on international business cycle comovement among a large group of industrial and developing countries. The results provide at best limited support for the conventional wisdom that globalization has increased the degree of...
Persistent link: https://www.econbiz.de/10010276292
Persistent link: https://www.econbiz.de/10012490798
Persistent link: https://www.econbiz.de/10012490811
Foreign direct investment (FDI) is one of the most ambiguous and the least understood concepts in international economics. Common debate on FDI is confounded by several myths regarding its nature and impact on capital accumulation, technological progress, industrialization and growth. It is...
Persistent link: https://www.econbiz.de/10012490837
The world economy has not still recovered from the effects of the financial crisis that began almost a decade ago first … deflationary impulses for the rest of the world economy. The jury is still out on whether the second largest economy, China, will … policy, has not only failed to bring about a robust recovery but has also aggravated systemic problems in the global economy …
Persistent link: https://www.econbiz.de/10012490850