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In the first era of financial globalization (1880-1914), global capital market integration led to substantial net … capital movements from rich to poor economies. The historical experience stands in contrast to the contemporary globalization … movements. -- capital market integration ; financial globalization ; economic history …
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All managers face a business environment in which international and macroeconomic phenomena matter. Understanding these phenomena - the determinants of capital flows, the effects of foreign capital on host countries, the impact of exchange-rate movements, and the genesis of financial and...
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benchmark calibration, we estimate that the capital misallocation induced by these barriers reduces World GDP by 7%, compared to …-country inequality: the standard deviation of log capital per employee is 80% higher than it would be in a world without barriers to …
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The past two decades have seen a rapid rise in large-scale, state-led transnational investment from countries as different as China, Norway and Russia. By bundling economic resources, these countries have entered global markets through massive state-led investments. This transformation of states...
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