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The paper shows that Asia's degree of financial integration, both with the world and within the region remains low by …
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The paper investigates the determinants of business cycles synchronization across regions. It uses both international and intranational data to evaluate the linkages between trade in goods, trade in financial assets, specialization and business cycles synchronization using a system of...
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Globalization has become the focus for a wide range of protests against various features of the world economy. This … paper aims to give a concise summary of the economic dimensions of globalization, while leaving to one side other aspects …—such as cultural, environmental, or political ones—that are beyond the scope of the IMF. Periods of increased globalization …
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The brewing industry has experienced massive changes over the last decade. Industry concentration has increased dramatically, and the leading brewing groups have globalised their operations across virtually all continents. Based on a major data base the paper traces some causes and assesses the...
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second-best tool. Globalization that increases labor mobility reduces governments’ incentives to provide subsidized education … and increases private individuals’ incentives for investment in their human capital. Globalization can improve welfare …. Globalisierung erhöht die Mobilität der produktiven Individuen. In der Folge bestehen geringere Anreize für die Regierungen …
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