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Persistent link: https://www.econbiz.de/10010706851
The rapid expansion of economic integration (an important driver of globalization) led to the need of synchronizing …
Persistent link: https://www.econbiz.de/10009493125
Collusion is widely condemned for its negative effects on consumer welfare and market efficiency. In this paper, I show that collusion may also in some cases facilitate the creation of unexpected new sources of value. I bring this possibility into focus through the lens of a historical episode...
Persistent link: https://www.econbiz.de/10011876523
development and integration to European structures. But economic development is not yet sufficient in order to address challenges … improved in 2007 to 6.4%, up from 5.7% in 2006. Within the framework of trade liberalization and integration with the countries …
Persistent link: https://www.econbiz.de/10008693655
integration come from heterogeneity in culture and institutions and from the forces of geography, defined as continents and oceans …. Of the three sets of factors, the forces of geography are the most potent on integration. Continents act as 'natural …, the continent loses some of its integration property, leaving more room for the sub-continental RTA to enhance trade. When …
Persistent link: https://www.econbiz.de/10004995323
researchers understand and monitor the regional integration process in Latin America. …
Persistent link: https://www.econbiz.de/10010840850
Climate change is making resources scarce, and our investments to build a new net-zero world are driving an insane demand for resources. This leaves the world economy caught between a rock and a hard place. Using a bankruptcy model with conservative estimates of the impact, we estimate public...
Persistent link: https://www.econbiz.de/10014253951
were already accustomed to derivatives launched by the Financial and Commodities Exchange from Sibiu. In addition …
Persistent link: https://www.econbiz.de/10005800679
Persistent link: https://www.econbiz.de/10010706674
As consequence of globalization, in the past two decades, the international financial markets have become more and more interdependent. The financial globalization brought significant benefits to the national economies and to investors, but altered at the same time the structure of markets,...
Persistent link: https://www.econbiz.de/10008675990