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Effects of Financial Globalization on Developing Countries; Some Empirical Evidence
Kose, M. Ayhan; Rogoff, Kenneth; Prasad, Eswar; Wei, … - International Monetary Fund (IMF) - 2003
in affecting developing countries’ experiences with financial globalization. …
Persistent link: https://www.econbiz.de/10005590880
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Financial Globalization; A Reappraisal
Kose, M. Ayhan; Prasad, Eswar; Rogoff, Kenneth; Wei, … - International Monetary Fund (IMF) - 2006
The literature on the benefits and costs of financial globalization for developing countries has exploded in recent … macroeconomic effects of financial globalization, in terms of both growth and volatility. Overall, our critical reading of the … financial globalization, but with many nuances. On the other hand, there is little systematic evidence to support widely cited …
Persistent link: https://www.econbiz.de/10005263828
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The Elusive Gains From International Financial Integration
Gourinchas, Pierre-Olivier; Jeanne, Olivier - International Monetary Fund (IMF) - 2004
Standard theoretical arguments tell us that countries with relatively little capital benefit from financial integration as foreign capital flows in and speeds up the process of income convergence. We show in a calibrated neoclassical model that conventionally measured welfare gains from this...
Persistent link: https://www.econbiz.de/10005605034
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The social dimension of global production systems : a review of the issues
Hayter, Susan - International Labour Organization (ILO), United Nations - 2005
Argues that the global organization of production accounts for much of the expansion in trade and foreign direct investment (FDI) and that the functional integration of production activites in different locations has led to an intensification of global economic integration.
Persistent link: https://www.econbiz.de/10010966948
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Advancing Global Trade: Pro Liberalisation and Development
Neary, Peter; Ainars S¡lesers; Krubasik, Edward G.; … - In: CESifo Forum 4 (2003) 2, pp. 52-67
Persistent link: https://www.econbiz.de/10004998656
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Local response to globalization : MESTA region, Bulgaria
Ruszczyk, Hanna; Schubert, Ingrid; Stoyanovska, Antonina - International Labour Organization (ILO), United Nations - 2001
the changes caused by globalization while maintaining local employment and stimulating job growth. Describes locally based …
Persistent link: https://www.econbiz.de/10010967258
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Foreign direct investment, development and the new global economic order. A policy brief for the South
Singh, Ajit; Zammit, Josephine Ann - Volkswirtschaftliche Fakultät, … - 1997
Preface Over the last decade and a half the global economic order has been undergoing major changes. While this may be thought to reflect the results of a multilateral and participatory process involving debate and negotiations, in reality it has been mostly driven by the economic interests of...
Persistent link: https://www.econbiz.de/10011109162
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Union Wage Setting and International Trade
Egger, Hartmut; Etzel, Daniel - CESifo - 2012
This paper sets up a general oligopolistic equilibrium model with two countries that differ in the centralization of union wage setting. Being interested in the consequences of openness, we show that, in the short-run, trade increases welfare and employment in both locations, and it raises...
Persistent link: https://www.econbiz.de/10010877792
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Union Wage Setting and International Trade
Egger, Hartmut; Etzel, Daniel - Institut für Arbeitsrecht und Arbeitsbeziehungen in … - 2012
This paper sets up a general oligopolistic equilibrium model with two countries that differ in the centralization of union wage setting. Being interested in the consequences of openness, we show that, in the short-run, trade increases welfare and employment in both locations, and it raises...
Persistent link: https://www.econbiz.de/10010610263
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What Would a Development-Friendly WTO Architecture Really Look Like?
Subramanian, Arvind; Mattoo, Aaditya - International Monetary Fund (IMF) - 2003
This paper elaborates on a number of key principles that need to underpin a coherent and development-friendly architecture for the WTO. The key principles include enlarging the scope of WTO bargaining to include labor flows as well as capital flows; creating a structure that would provide a...
Persistent link: https://www.econbiz.de/10005826269