This paper takes into account the dynamic feedback between government expenditures and output in a model that separates the effects of expected and unexpected government expenditures on output. We allow for standard determinants based on Solow’s growth model, as well as financial globalization...

Accounting for within-country spatial differences is a much neglected issue in many cross-country comparisons. This paper highlights this importance in this empirical analysis of the impact of a country’s degree of social and economic globalization on female employment in 33 OECD countries,...

The past 30 years have been witness to an inexorable change in the degree to which economies are connected internationally. At the same time, the 2007-2008 recession was the first ‘global recession’ in decades. This article explores how international trade and cross-border holdings financial...

In the aftermath of globalization it is now, perhaps, industry alone – especially small scale industry – that holds the pass – key to employment and economic progress, which accounts for the high priority assigned to the growth and development of the small scale industry both by central...

The more advanced is the country; the more it is profited by globalization. This is a true philosophical concept. However the less advanced ones must also embrace it unavoidably because only by that way it can achieve improvement and progress in very short time. One can’t be left in Stone Age....

The recent trend of globalization has given rise to a new paradigm in international economics, i.e. the simultaneous exports and imports of a product within country or a particular industry called intra-industry trade (IIT) or two-way trade. This study examines country-levels determinants of...

In “The right to good ideas: patents and the poor”, The Economist depicts two driving forces in the contemporary discourse on IP and globalization. The one is interested in advancing the knowledge economy, an approach based on the belief that knowledge is the driving factor behind economic...

This paper constructs composite indices of globalization of 131 countries spread over the five continents and classified into World-I, World-II and World-III countries. KOF, the Business Cycle Research Institute in the Swiss Federal Institute of Technology, Zurich is the source of data used in...

We present in this paper the real importance and very contemporary human capital investment. Through a quantitative analysis, we present the level of human capital accumulation that countries are able to achieve. We also examine the significant part occupied by educational expenditure in the...

This article aims to compare women in the MENA region with women in Europe as to how globalization affects their conservative values and attitudes, and, thereby, their labor market participation. The authors define conservative values as both religious values and socio-political attitudes...