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. We discuss whether the initiatives may mark the start of a new protectionist era. We argue that standard globalization … against the globalization process. We discuss the benefits of globalization benefits in terms of lower prices for consumers, a … greater inequalities and greater need for flexibility. Protectionism is a double-edged sword. Many historic episodes show that …
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This paper reviews a growing literature on migration and globalization, focusing on its relevance for developing and …
Persistent link: https://www.econbiz.de/10011518125
This review article surveys the recent economic literature on diaspora networks, globalization, and development … global economy. I first review the effect of diaspora networks on core globalization outcomes such as trade, foreign …
Persistent link: https://www.econbiz.de/10012064002
This paper investigates the role of global economic uncertainty in Dunning’s investment development path (IDP) framework. By applying the dynamic panel threshold model to data from 76 developed and developing countries, we find that countries’ net outward investment (NOI) follows a...
Persistent link: https://www.econbiz.de/10013290911
benchmark calibration, we estimate that the capital misallocation induced by these barriers reduces World GDP by 7%, compared to …-country inequality: the standard deviation of log capital per employee is 80% higher than it would be in a world without barriers to …
Persistent link: https://www.econbiz.de/10012514947
This paper discusses the essential features of transnational corporations (TNCs). It is important to define TNCs in order to better understand their role and functions within a globally integrated system. The paper explores traditional conceptions of TNCs and briefly reviews their history
Persistent link: https://www.econbiz.de/10014043048