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This paper brings forward a three-country model to analyze the internationalization process in the age of globalization …
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This paper proposes a new perspective on international capital flows and countries' long-run external asset position. Cross-sectional evidence for 84 developing countries shows that over the last three decades countries that have had on average higher volatility of output growth (1) accumulated...
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. We discuss whether the initiatives may mark the start of a new protectionist era. We argue that standard globalization … against the globalization process. We discuss the benefits of globalization benefits in terms of lower prices for consumers, a …
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This chapter provides a broad overview of the upward trends in financial globalization and foreign direct investment … and asks whether and how financial globalization is linked with the foreign direct investment decisions of non … financial globalization provides a reduction in broadly defined transaction costs which can boost both trade and foreign direct …
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