about 4.5% of world output in 1970 to over 7% in 1995. The importance of internationalized output fell substantially in … 1995. Outside of petroleum and manufacturing, internationalized production was of little importance. For the world as a …

variables of 71 countries from 1970 to 2018. The global factor successfully captures economic fluctuations in the world economy …

which financial globalization can be a substitute for reforms of domestic financial system. Inefficient financial system and … investment. While financial globalization always improves the welfare of a developed country with a good financial system, its … the world than many developing countries. A noteworthy feature of this theory is that financial and property rights …

student flows, business travel, and tourism. Despite its peripheral status in debates over globalization, the movement of …, the dispersion of pay for similarly skilled workers around the world exceeds the dispersion of the prices of goods and …