The Belt and Road Initiative (BRI) is a Chinese endeavor to create an international public good (IPG) for bringing a cooperative solution to existing infrastructure deficits, mainly in the Eurasian landmass. This article aims to question the institutional quality of the BRI as a global...

How do shifts in the global balance of power shape the world economy? We propose a theory of alignment-based “hegemonic globalization”, built on two central premises: countries differ in their preferences over policies (such as the rule of law or regulatory frameworks) and trade between any...

This inquiry was inspired by the quest to examine the interaction effects of economic globalization and governance on the performance of the Nigerian economy from 1996 to 2021. The study employed the modern Autoregressive Distributed Lag Model (ARDL) approach to analyze the annual time-series...

The European Union (EU) is becoming more inward looking and more hesitant towards globalization. This paper examines recent transformations in EU's economic policies, with a focus on international trade and industrial policy. It argues that these changes reflect the EU's response to the evolving...

The activities of multinational enterprises drive the economic globalization process to a very large degree. This paper lists some facts about their dominant role in all channels of globalization. Therefore, the importance of multinational enterprises in foreign direct investment and production...

According to EVA's annual attitude and value survey, two out of three Finns believe that globalization means loosing increasing amounts of jobs to low-cost-countries. However, 70 percent of the respondents think that their job is not easily transferrable and only 8 % are afraid that their own...

This paper examines the impacts of globalization on small countries, covering the main features of globalization, the quality of national economic and commercial environment, main characteristics of small countries including important facts and concrete indicators for their development, and...