One of the fundamental normative questions within international trade theory is whether free trade is better than …" framework.The special case of constant terms of trade is subsequently abandoned and a two-country model of the world economy … trade. By bringing into contrast an autarkic versus a trading world economy, the extension to a two-country model allows us …

Introduction to the theory of international trade and finance with applications to current policy issues. From the … globalization, free trade agreements, the large current account deficits of the US, the prospects for exchange rates, and the calls …

, mit der Teilhabe Indiens an der Globalisierung. Dabei stellt er fest, dass die Reformpolitik der letzten zehn Jahre trägt … Indian participation in the globalization. He assesses that the reforms in India lead to economic and social process of …

analyzing the nexus labour standards - labour market outcomes - globalization. The first part, Chapter 2, is a theoretical … analysis of the effects of globalization on the equilibrium labour market policy, employment and wages. The policy instrument … considered is a minimum wage set by the government and influenced by two lobby groups. Globalization is modelled as an increase …

literature dealing with child labor. The economic theory of child labor can be roughly subdivided into the economic theory of … child labor in closed and open economies respectively. Summed up, the literature on the normative theory of child labor in … skilled labor which would lower the wage rate of the ruling skilled elite. The implication of the economic theory of child …

The merger wave that took place during the first phase of globalization, which lasted from 1895 to 1914, changed the … successful during this period. Noteworthy, studies that evaluate the success of mergers during the first phase of globalization … superior economic development in the pre-World-War I period. After reviewing new statistical material, however, the picture has …

production among countries since the value-added created by trade is forecasted based on a sound theory of production. This makes …

essential tool to stimulate growth and enable firms to master the competition brought about by the forces of globalization. In … countries.At the same time, innovations in today’s “globalized” world are hardly feasible in isolation. World-wide economic … specific needs of targeted markets. All these developments are leading to the “globalization of innovation”. Based on recent …

competition spurred by the globalization of the world economies. Even small and medium-sized enterprises (SMEs) are no more immune … to the challenges that the globalization brings about. It is a remarkable, and in certain instances worrisome, situation … employment.However, opportunities presented by the globalization and the entwined, simultaneous pressure to innovate opens for …