Article about the causes, patterns and trends in the development processes of globalization and Russia's place in the global world. The author analyzes the dynamics of globalization in the political, economic, cultural and legal fields developed on the basis of their three-level classification...

The Brazilian economy starts the 1990’s focusing on the trade liberalization programs that have been started in the middle 1980’s. The competition in the external market does call for modernization and changes in the productive structure of the economy. This study has select 19 sectors...

The purpose of this paper is to test the hypothesis first proposed by Romer (1993); suggesting that inflation is lower in more open economies. According to this hypothesis, central banks have a lower incentive to engineer surprise inflations in more-open economies because the Phillips curve is...

Economic globalization is one of the hottest topics among academics, government agencies and other concerned organizations. This paper investigates whether the overall benefits of economic globalization are greater than their costs, and discusses the interaction among economic globalization,...

This paper examines the evolving dynamics between economic globalization and Asian regional interdependence, and asks whether and how the global financial crisis impacted Asian regionalism. The analysis suggests that the global crisis did trigger advances in regional policy cooperation...

Globalization is a very dynamic and complex phenomenon. It exerts a big influence at local, national and regional level through the interconnections between countries, institutions, people, etc. that result in important changes of economic, environmental, political, social and cultural nature....

Globalization features one of the major global trends which shape economic outcomes in developing and developed countries. Standard results from the empirical growth literature suggest that participation in worldwide trade is an important determinant of economic growth. In contrast to previous...

Globalization is a new term that has found a significant place in people’s lifes. By globalization, we mean shedding down the walls of distrust and the barriers of suspicion between countries, to make a bridge where ideas and beliefs can cross the borders. While globalization is seen as a sign...

This paper analyzes the foreign trade gap between 36 countries and regions and the role China plays from 1978 to 2007. The paper finds that the absolute gap among those countries increase, but the relative gap decrease, the gap between the developing and the developed decrease, the...

The paper provides for the first time empirical evidence on the impact of economic globalization on the performance of banks operating in the Chinese banking sector. The empirical findings from this study suggest that the well capitalized banks tend to be more profitable, while expense...