We examine a foreign firm's choice between exporting and foreign direct investment (FDI) under country-specific cost uncertainty. Unlike exporting, FDI exposes foreign and home firms to common shocks. This results in a correlation of strategies, harming the firms. However, the exposure to common...

The present article has as a starting point the phenomenon of globalization, so debated worldwide today. Along this work, we have tried offer a departure point, motivated of what the phenomenon of globalization means in economical context. Thus, we debate problems of major interest like:...

This work reviews a few significant historical stages of economic globalization, and shows how the logistics of resources and production has influenced the development of the human society. Historically, logistics has played a fundamental role in the global development of human society by means...

This would affect the proper functioning of institutions, both parties feeling the need to succeed, to have recognition, inclusion, control, harmony. Communication maintains mutual cooperation and properly manages the various problems that may rise and create a proper climate conduct of the...

The present article has as a starting point the phenomenon of globalization, so debated worldwide today. Along this work, we have tried offer a departure point, motivated of what the phenomenon of globalization means in economical context. Thus, we debate problems of major interest like:...

Number of theories and opinions regarding globalisation is overwhelming. Economically approaching this matter it may be said that globalisation is the opposite of protectionism and economic nationalism manifesting a good relationship with the free market and neo liberalism having common...