The arrival of globalization has brought about a lot of challenges for nations to meet. This paper takes a look at the capability of the Philippine state to cope with the demands of globalization. It documents the rules, laws, regulations, institutions and agencies that underlie the...

The increasing demands and expectations placed upon the Philippine bureaucracy by a redemocratizing society are further amplified by the strengthening of global institutional pressures emanating from organizations such as the World Trade Organization and the Asia Pacific Economic Cooperation....

A 2-country model with two groups of agents, workers and capitalists is presented in which economic integration results in an initial phase of catch-up, where the less industrialised country experiences the rise in both capital and labour income. Then, after a certain level of integration has...

Vor dem Hintergrund der voranschreitenden Integration der Märkte zu einem weltumfassenden Wirtschaftssystem sowie der zunehmenden Transnationalisierung sozio-kultureller Beziehungen beschäftigen sich Sozial- und Wirtschaftswissenschafter, die die Folgen dieser Globalisierungstrends...

This paper reviews some puzzling economic aspects of globalisation and argues that they cannot be satisfactorily addressed in perfectly or monopolistically competitive models. Drawing on recent work, a model of oligopoly in general equilibrium is sketched. The model ensures theoretical...

This article contributes to a clear understanding of important aspects of economic globalization. Specifically, we want to highlight the distributional concerns and how these are related to efficiency aspects of globalization. To this end, we identify relevant scenarios within a simple model of...

In recent decades, many countries experienced both a rise in top income shares and an increase of income inequality among the top earners. In this paper, I study the role of international trade as a catalyst for this development and analyze the associated welfare effects. I build a simple...

Die weltwirtschaftliche Verflechtung hat in der Nachkriegszeit stetig zugenommen. Da diese Entwicklung mit beträchtlichen Handelsgewinnen verbunden war, ist sie grundsätzlich positiv zu bewerten. Das Zusammenwachsen der Märkte erzeugt aber auch zusätzliche Spannungen, denn mit der...

As the process of globalisation of the world economy progresses, the degree of international competition among enterprises increases as well. Yet not all industries or branches are affected to the same extent by this development. One of the most important factors which determine the degree of...

The present paper seeks to explain the pattern of income redistribution in a globalised world of increased market income inequality and lower costs of factor mobility. In some countries, larger market income inequality has been met by an increased redistributive effort, thus keeping the...