This paper examines the impact of rising trade and financial integration on international business cycle comovement among a large group of industrial and developing countries. The results provide at best limited support for the conventional wisdom that globalization has increased the degree of...

The global debate among policy makers and environmentalists concerns how environmental degradation can be minimized without impeding economic growth. Because of intensification of geopolitical uncertainty, achieving this balance has become difficult. To contribute to breaking this "deadlock",...

Since the 9/11 attacks more attention has been given to the question why the United States is a major target for transnational terrorism. What conditions motivate these terrorist activities? Are there specific characteristics in the terrorists home countries that provide a breeding ground for...

This paper compares the stylized facts of international real business cycles between developed and developing economies. A two-sector, two-country neoclassical macroeconomic model has been constructed in this paper to examine the cyclical behaviors of domestic as well as international...

Many emerging market countries are increasingly affected by their "informal economies", geopolitical risks, U.S. dollar dynamics, legal/regulatory institutions, preferential trade agreements (PTAs), social networks, international labor dynamics, cross-border spillovers (from developed countries...

Chapter 1. Introduction -- Chapter-2. Sustainable Growth, Financial Stability and the Failure/Un-Constitutionality of the Dodd-Frank Act (USA) (and Similar Statutes in Other Countries) -- Chapter-3. Economic Psychology, Geopolitical Risk and the Un-Constitutionality of Credit Rating Agencies,...