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...

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...

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...

Global governance refers to several pillars; one important pillar is the multilateral aid architecture. Its reform can be discussed under the perspectives of representativeness, inclusiveness, and efficiency (of aid delivery).A prerequisite for efficient aid delivery is to map the rising...

Global governance refers to several pillars; one important pillar is the multilateral aid architecture. Its reform can be discussed under the perspectives of representativeness, inclusiveness, and efficiency (of aid delivery). A prerequisite for efficient aid delivery is to map the rising...

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...