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Economic integration is facing threat throughout the world. Brexit (2016) is the biggest blow to the European Union as well as to the global concept of economic integration. Endless calculation is going on to measure positive and negative impact of Brexit on British economy and rest of the...
Persistent link: https://www.econbiz.de/10012964205
We examine the real and financial integration of East Asian economies, comparing the degree of real versus financial integration, the degree of global versus regional integration, and the extent of integration before versus after the 1997/98 financial crisis in East Asian economies. We analyze...
Persistent link: https://www.econbiz.de/10011282132
The concept of globalization refers to the growing interdependence of countries, resulting from the increasing integration of trade, finance, investments, labor markets and ideas in one globalmarketplace. The most important elements of this process are the international trade and the...
Persistent link: https://www.econbiz.de/10011992014
This volume was prepared by Inga Heiland while she was working at the Ifo Institute. It was completed in July 2016 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It comprises five chapters addressing one or more aspects of international trade and...
Persistent link: https://www.econbiz.de/10011736433
This volume was prepared by Inga Heiland while she was working at the ifo Institute. It was completed in July 2016 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It comprises five chapters addressing one or more aspects of international trade and...
Persistent link: https://www.econbiz.de/10011622853
to expectations-driven fluctuations, when countries differ in their labour market institutions. It is shown that, due to … fluctuations at the world level, while allowing also for labour movements may bring macroeconomic stability. Whether this also …
Persistent link: https://www.econbiz.de/10012732449
This paper studies the degree of integration of China's domestic market and investigates the determinants of inter-provincial trade barriers under the rubric endogenoustrade policy theory. I rely on industry-level trade flows extracted from provincial input-output tables to develop a model that...
Persistent link: https://www.econbiz.de/10011337997
The debate on the need for Sub-Saharan African (SSA) countries to foster inclusive growth has intensified following the coming into force of the African Continental Free Trade Area (AfCFTA), and the emergence of the coronavirus pandemic. A conspicuous lacuna in the literature is a lack of...
Persistent link: https://www.econbiz.de/10012590001
Europe and Asia followed very different paths to economic integration after 1945. By 2000, an economic union with free movement of goods and factors of production and a common currency linked much of Europe. Meanwhile, effective economic integration agreements were absent from Asia, although...
Persistent link: https://www.econbiz.de/10012137064
, 95 research papers examine the impact of GVC participation on economic indicators like labour productivity, employment …
Persistent link: https://www.econbiz.de/10014513406