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Persistent link: https://www.econbiz.de/10008838031
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We study two aspects of globalization. It allows a decision-maker to go beyond his own local experience and to learn … conditions under which the globalization of markets helps or hurts (i) the communication among decision-makers about their own …
Persistent link: https://www.econbiz.de/10008838554
Economic historians have stressed that income convergence was a key feature of the OECD-club and that globalization was … divergence. Therefore, history does not seem to provide unambiguous evidence about globalization and convergence. …
Persistent link: https://www.econbiz.de/10008839258
We document external investment positions among European Union countries at the start of the financial crisis through the creation of a new database comprising bilateral external financial asset and liabilities, excluding reserve assets and derivatives. While there are some gaps in the data, the...
Persistent link: https://www.econbiz.de/10008839331
Using panel regression for the period 1970-2000 the paper analyzes whether globalization has influenced the OECD … potential endogeneity of the regressors, the results show that globalization (measured by an index covering 23 variables) did … not decrease the leeway for independent economic policy. Globalization even increased implicit tax rates on capital – a …
Persistent link: https://www.econbiz.de/10008852356
, globalization has become a normal component of the existence of each of us through the goods and services purchased through the …
Persistent link: https://www.econbiz.de/10008852594
This paper exploits cross-country variation in the degree of geographical isolation, prior to the advent of sea-faring and airborne transportation technologies, to examine its impact on the course of economic development across the globe. The empirical investigation establishes that prehistoric...
Persistent link: https://www.econbiz.de/10008852799
The very high exposure of the American banks during the past years, by investments on the real estate market and on those markets related to it, has generated the current financial crisis. Many investment banks and insurance companies have become casualties of the financial crisis, being...
Persistent link: https://www.econbiz.de/10008853231
Starting from the concept of cultural frames and their role in signifying human experience, the paper aims at pointing out that business communication, like any social interaction, is underrun by a process of framing, according to which individuals perceive, comprehend and appropriate otherness....
Persistent link: https://www.econbiz.de/10008853336