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Most FDI takes place between the developed countries, which suggests that the market-seeking motive is important for understanding FDI. However, given the stylized fact that trade barriers (e.g. transportation costs and financial barriers) have declined over the past 20 years, models that aim to...
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globalization trends where financial market development can more easily substitute for it. …
Persistent link: https://www.econbiz.de/10010303691
: 1) globalization is a process of continuing integration of the countries of the world that is beneficial, inevitable and …This paper examines the impacts of globalization on small countries, covering the main features of globalization, the … irreversible. No any country can afford to remain isolated from the world economy. 2) some of small countries might have higher …
Persistent link: https://www.econbiz.de/10010296788
heterogeneity in the degree of globalization over time and across countries and regions of the World, as well as within countries …The process of globalization is an international economic order which has led to the progressive integration of the … world economy through the pulling the barrier of trade and greater mobility of factors of production. In addition the …
Persistent link: https://www.econbiz.de/10010267513
The Brussels Effect, once emblematic of the EU's alleged influence in shaping global regulations, has now become a factor contributing to global regulatory fragmentation. The EU must recalibrate its trajectory towards a liberal and rules-based trading order, prioritizing widespread regulatory...
Persistent link: https://www.econbiz.de/10014560198
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evolution of intra-German trade flows after reunification then provides new insights for both the globalization and border …
Persistent link: https://www.econbiz.de/10010266027
analyses, this paper reviews and analyses concepts and actual measures of European integration and globalization. In particular …, it discusses how to separate the effects of European integration from those of globalization. The paper searches for … regional integration and globalization indices that reduce the endogeneity problem, and it discusses collinearity between them …
Persistent link: https://www.econbiz.de/10010272106