The activities of multinational enterprises drive the economic globalization process to a very large degree. This paper lists some facts about their dominant role in all channels of globalization. Therefore, the importance of multinational enterprises in foreign direct investment and production...

Today international society faces a challenge in addressing the global financial and economic crises. Never-ending debates on the key causes of financial crises shows there is uncertainty in financial matter. Unlike risk, uncertainty cannot be forecasted by mathematical and stochastic methods....

The health and food safety policy of every nation must be designed and implemented to maintain a balance between the goals of trade liberalization and protection of health and food safety. Problems arise, however, because occasionally this mutually amicable path of trade and health policies...

This paper discusses the normative foundation of a global competition regime. It asks: What kind of normative values do we need? What objectives ought we to pursue? Why value economic competition at such a tough time as this? Are the disputes on these issues in the US and EU jurisdictions likely...

While protesters took to the streets in the Battle in Seattle demanding greater accountability from international institutions, such as the WTO and the IMF, and the end of an "era of trade negotiations conducted by sheltered elites balancing competing commercial interests behind closed doors,"...

This article examines a new phenomenon, transparliamentary activism that focuses on particular international issues or international organizations. For example, the Parliamentary Conference on the World Bank. Such parliamentary organizing has a political significance beyond the usual...

Global supply chains are critical to the efficient functioning of the international trading system. Yet many supply chains suffer from inefficiencies and vulnerabilities. Blockchain is being heralded as a potential game-changing technology that could address these problems to make supply chains...

This chapter surveys the recent economic literature on the relationships between globalization and cultural diversity. We first review the different channels through which international integration interacts with cultural diversity across individuals, communities, and nations. We then present...

This paper presents a simple model where microfounded dynamics of cultural identity are endogenous and interact with an international trade equilibrium. This process generates a strong home bias under autarky. We then show that goods market integration causes a phenomenon of cultural divergence,...

The G-20 has been established more than 10 years ago as a reaction to the Asian financial crisis without - at first - gaining much weight on the international scene, however, the financial crisis of 2007/08 has caused a re-vitalization on a higher level, namely as body of the "G-20 Leaders". The...