According to the disciplining hypothesis, globalization restrains governments by inducing increased budgetary pressure … globalization (compensation hypothesis). Employing two different datasets and various measures of globalization, we analyze whether … globalization has indeed influenced the composition of government expenditures. For a sample of 108 countries, we examine the …

The process of globalization is an international economic order which has led to the progressive integration of the … technological innovation also provides impetus to the progressive integration of the nations. The elements of globalization include … economic benefits, globalization also indicates the flow of ideas, norms, information and peoples. There is a large …

stands for incomplete globalization. It is shown that the gap has steadily declined for most countries over the sample period …

Globalization seems to have diminished the importance of geographical distance. However, empirical studies find that …

globalization: a global-Asian era. This new era is likely to be distinct from any of the earlier phases of globalization and China …The rise of China as an economic and political driver of the global economy is likely to be one of the defining moments … global order that has held sway for over 60 years. As such, China is beginning to reshape the world, presaging a new phase of …

concerns over the impact of globalization on the already rising inter-region income inequality in China. This paper discusses … China’s globalization process and estimates an income generating function, incorporating trade and FDI variables. It then …China’s recent accession to the WTO is expected to accelerate its integration into the world economy, which aggravates …