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, the effects of a globalization shock – modelled as the entry of newly industrializing countries into the trading world …
Persistent link: https://www.econbiz.de/10005405845
This paper considers education investment and public education policy in closed and open economies with an extortionary government. The extortionary government in a closed economy chooses an education policy in order to overcome a hold-up problem of time-consistent taxation similar to benevolent...
Persistent link: https://www.econbiz.de/10005406324
The traditional school of economic policy analysis predicts that globalisation will give rise to predatory competition between the governments of the European nation states. The consequence is anticipated to be a marked reduction in, if not the destruction of, the benevolent Welfare State. The...
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Globalization is everywhere. At least, that’s the impression that it gives: more and more countries are opening up to … globalization. Analysis of the Custom and Excise and INSEE databases shows that the proportion of French firms that have a direct … need to turn the spotlight on these "stars", which are the driving forces of globalization. …
Persistent link: https://www.econbiz.de/10005406634
financial globalization. To achieve true financial globalization, an important requirement is the creation of a worldwide single …
Persistent link: https://www.econbiz.de/10005408045