Die Vorstellung, die Wirtschaftspolitik könne auf die Globalisierung durch eine internationale Kooperation und Harmonisierung etwa der Sozialnormen antworten, ist ökonomisch nicht wohl begründet. Es ist eine Illusion, die Bedingungen für den Produktionsfaktor Arbeit weltweit harmonisieren zu...

The study assesses the role of globalization-fuelled regionalization policies on financial allocation efficiency in four economic and monetary regions in Africa for the period 1980 to 2008. Banking system and financial system efficiencies are used as dependent variables whereas seven bundled and...

This paper examines how regionalization in the face of globalization has affected financial development in the context of banking system efficiency in Africa. Results which are robust to financial system efficiency and growth-led-finance nexus reveal that in the post-regionalization era: (1)...

After a decade of rapid growth in average incomes, many countries have reached middle-income status. At the same time, however, poverty has not fallen so dramatically; as a result, most of the world's poor now live in middle-income countries (MICs). In fact, up to a billion poor people — or a...

Does Northern Europe possess unique characteristics that cannot disappear and do not need to disappear, or will globalisation inevitably result in uniformity, divested businesses, lower wages and huge pressure on social security provisions? This is one of the main questions addressed by this...

The study examines the impact of globalization on the exports of Pakistan. Five years from 1965-1970 refer to Pre-Globalization and 2005-2010 as the post globalization period. Economic openness as indicator of globalization is measured for both time periods. Globalization is related to the...

The study assesses the role of globalization-fuelled regionalization policies on financial allocation efficiency in four economic and monetary regions in Africa for the period 1980 to 2008. Banking system and financial system efficiencies are used as dependent variables whereas seven bundled and...

Internationally, research is stated more as a pillar of basis in economic competitiveness and social stability. Competitiveness can be analyzed in the narrow sense, in terms of balance trade (assuming the same income), but can be analyzed and in a broad sense that the economy (society as a...

End of the second millennium has brought mankind a new problem that of globalization. In evolution, the world economy has led increased economic interdependencies, the development of an international savings will be possible only in direct contact and diverse with economic material flows,...