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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...
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Our objective in this paper is to assess how middle-income groups are faring with the global turn to the market. We suggest some simple measures of the middle-the size and income shares of households around the median (75/125%)-and their income status relative to wealthier counterparts. Our...
Persistent link: https://www.econbiz.de/10011653003
. The World Values Survey provided a data framework of global value change, whose quantitative results led Barro (2004) to … is whether modernization without spiritual values in a globalized world economy and world society possible in the long … current world crisis is far more connected with these dimensions. We conclude that not a society based on fear is needed in …
Persistent link: https://www.econbiz.de/10010271305
: 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
It is theoretically clear and may be verified empirically that efficient financial markets can make it less necessary for policy to try and offset the welfare effects of labour income risk and unequal consumption dynamics. The literature has also pointed out that, since international competition...
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globalization (1985-2005), there has been some convergence of business cycle fluctuations among the group of industrial economies …
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globalization trends where financial market development can more easily substitute for it. …
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