Globalization has given rise to new concerns that domestic inflation is caused by global developments, especially in the state of the global gap in GDP and resource utilization, and whether domestic monetary policy can control it. This paper explores the role of globalization, if any, for...

Despite real premium growth rates, flattening per capital consumption of life and nonlife insurance and a downward move of the industry's contribution to the economy, the U.S. is still attractive to foreign insurance companies. At the same time, several U.S. companies continue or plan their...