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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/10014377616
. 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/10014506950
, with many arguing that globalization has gone too far and that international capital markets have become extremely erratic …. In contrast, others have emphasized that globalization allows capital to move to its most attractive destination … globalization on financial markets and growth. …
Persistent link: https://www.econbiz.de/10005786874
Answering the round table participants, the author illustrates the project of this book and its main findings. While the book implies a focus on social policy, the contributors have brought to it their expertise not only in welfare economics but also in macroeconomic and monetary policy. This...
Persistent link: https://www.econbiz.de/10008490580
The U.S. sub-prime crise developed in the last few months as a dangerous syncope for the entire international financial system, recall for the rethinking of market functionality, revealing the international institutional weakness in financial system supervision on global scale. The mortgage...
Persistent link: https://www.econbiz.de/10008545975
This paper provides a comprehensive assessment of the relation between inflation and globalization, measured in terms … standard Barro-Gordon framework, which would require globalization to have a negative effect on the output-inflation tradeoff …
Persistent link: https://www.econbiz.de/10005558191
This paper provides a synthesis of the approaches to the financialized accumulation regime, showing both the problems and the potentialities of the theories that deal with it. It tries to describe the main systemic features of the financialized regime, while questioning its virtuous character...
Persistent link: https://www.econbiz.de/10004988718
then explain how these practices have helped and supported what we commonly call globalization. Globalization, because of …
Persistent link: https://www.econbiz.de/10005036068
, deregulation and liberalization have characterized financial globalization, giving rise to the financialization of the economy …
Persistent link: https://www.econbiz.de/10010436014
This study examines the role of globalization on terrorism in 51 African countries for the period 1996-2011. Four …. Political globalisation, social globalisation and general globalization positively affect unclear terrorism. Social …
Persistent link: https://www.econbiz.de/10011956940