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After decades of rising global economic integration, the world economy is now fragmenting. To measure this phenomenon, we introduce an index of geopolitical fragmentation derived from various empirical indicators. This index is developed using a flexible dynamic factor model with time-varying...
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Part I: Globalization, Input Trade and Sanyal’s Contribution to Trade Theory -- Chapter 1: Middle Products Revisited … Risk Premium -- Chapter 13: Reforms, Exchange Rate Pass-Through and India’s Export Prices. …
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business globalization, we have witnessed the dramatic rise of transparency and disclosure rules and regimes. These regimes …
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This work is an analysis of the Economocracy and Representative Economocracy. A reformed economic system is required for the transformation of global grown debt to sustainable levels. The challenge to avoid economic worldwide deadlock yields the emerging need for economocracy as a premium...
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We examine the impact of the last five decades of financial globalization on world GDP and income distribution, using a … pattern Unbalanced Financial Globalization. We then simulate a counterfactual trajectory of the world economy where the RKO … wedges are fixed at their pre-globalization levels. We find that unbalanced financial globalization led to a worsening of …
Persistent link: https://www.econbiz.de/10014340224
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This paper provides a comprehensive overview of the ongoing debate on global income inequality. It shows that global income inequality is a valuable analytical concept that significantly enhances our understanding of global economic dynamics. By addressing key methodological issues in the...
Persistent link: https://www.econbiz.de/10014577465