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A recent literature has emerged providing compelling evidence that a major shift in the organization of the developed economies has been taking place: away from what has been characterized as the managed economy towards the entrepreneurial economy. In particular, the empirical evidence provides...
Persistent link: https://www.econbiz.de/10011381042
globalisation inevitably result in uniformity, divested businesses, lower wages and huge pressure on social security provisions … Lectorate International Business of the Hanze University of Applied Sciences in Groningen. The process of globalisation is one … is labour migration and immigration. Within this globalisation process we are witnessing the emergence of regions with …
Persistent link: https://www.econbiz.de/10013104883
sustainable for some time if economic integration continues at its current pace, a slowdown of the globalisation process would …
Persistent link: https://www.econbiz.de/10012446047
the SNA maintains its relevance. For example, in the past decade the importance of globalisation has increased as has its …
Persistent link: https://www.econbiz.de/10012040260
whether debt is endogenous to or interactive with globalisation. First, when external debt is endogenous to globalisation, the … effect on inclusive human development is negative, whereas when it is interactive with globalisation, the effect is positive …
Persistent link: https://www.econbiz.de/10011312446
Tiny changes in the American monetary policy can have dramatic effects on the rest of the world because of dollar's double role of national and international currency. This is the Triffin dilemma. The paper shows how it works through three examples: price of commodities, dollarization, and the...
Persistent link: https://www.econbiz.de/10008648332
This study examines the impact of globalisation on inclusive human development in 51 African countries for the period … heteroegeneity and limited range in the dependent variable. Political, economic, social and general globalisation variables are used …-poor, unlandlocked, Christian-oriented and politically-stable countries are associated with comparatively higher levels of globalisation …
Persistent link: https://www.econbiz.de/10011542429
The global financial crisis provides an important testing ground for the financial globalisation model. We ask three … questions. First, did financial globalisation materially contribute to the origination of the global financial crisis? Second …, once the crisis occurred, how did financial globalisation affect the incidence and propagation of the crisis across …
Persistent link: https://www.econbiz.de/10013064180
assessing the effect of globalisation on inclusive human development in 51 African countries for the period 1996-2011. Political …, economic, social and general globalisation variables are used. The empirical evidence is based on Generalised Method of Moments …, globalisation positively affects inclusive human development and the beneficial effect is higher in countries with high initial …
Persistent link: https://www.econbiz.de/10012962924
The world feels itself to be in transition, but to what is unclear. Will the liberal market model retain its normative primacy once some semblance of normality is restored, or will other varieties of capitalism, with a bigger role of the state, acquire more legitimacy? The answer depends partly...
Persistent link: https://www.econbiz.de/10013152286