Showing 1 - 10 of 7,893
China's admission into the WTO in 2001 heralded a new era of globalization, increasing both import competition in … during the post globalization period (2003-2019) increased by 11.5% of the corresponding pre-globalization period (1984 … contrast, following globalization, the average aggregate domestic profitability of US firms remained flat, and firms employed …
Persistent link: https://www.econbiz.de/10014512056
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
. There are some indications of globalization in retreat, international trade growth slowing down and a transition from … various trends around global economic integration and pushing towards de-globalization is extremely difficult. This paper aims …
Persistent link: https://www.econbiz.de/10014496726
Are formal institutions instrumental in the effect globalization mechanisms have on the human face? If so, through … some channels of globalization on poverty (and inequality), formal institutions have the capacity to device policies that …
Persistent link: https://www.econbiz.de/10011409995
Purpose - Is globalization instrumental in fighting corruption? Do wealth effects matter in this fight? Are findings … standpoints. In the analysis, while the economic and social dimensions of globalization are reflected in the HDI, the political … dimension is captured by good governance indicators. A TSLS-IV estimation technique is applied where-in globalization …
Persistent link: https://www.econbiz.de/10011410065
Purpose - The purpose of this paper is to assess the effects of trade and financial globalization on human development … variables are exogenous to the endogenous components of explaining variables (globalization dynamic channels) conditional on … alternative globalization indicators; (2) endogeneity based estimation; (3) adoption of two interchangeable sets of instruments …
Persistent link: https://www.econbiz.de/10011410069
globalization remains open to debate in the literature. In this paper, we try to put some empirical structure on the concept of … object is to assess if financial benefits of financial globalization are questionable until greater domestic financial … the financial development benefits of financial globalization. The estimation approach consists of assessing the impact of …
Persistent link: https://www.econbiz.de/10011410072
globalization remains open to debate in the literature. In this paper, we try to put some empirical structure on the concept of … object is to assess if financial benefits of financial globalization are questionable until greater domestic financial … financial development benefits of financial globalization. The estimation approach consists of assessing the impact of financial …
Persistent link: https://www.econbiz.de/10011410250
about the merits of financial globalization and its implications for growth especially in developing countries. This paper …
Persistent link: https://www.econbiz.de/10011410546
This study unites two streams of research by simultaneously focusing on the impact of financial globalisation on financial development and pre- and post-crisis dynamics of the investigated relationship. The empirical evidence is based on 53 African countries for the period 2004-2011 and...
Persistent link: https://www.econbiz.de/10011410623