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Our aim is to explore how globalisation has affected consumption risk-sharing in emerging market economies. To that end, we implement a consumption risk-sharing test, using the Barro-Ursua Macroeconomic data set. Its span lets us explore historic episodes in which globalisation has markedly...
Persistent link: https://www.econbiz.de/10012893167
Persistent link: https://www.econbiz.de/10012978873
Tension is growing between the interests of part of the middle classes that are in decline in the mature economies and the rising ones in emerging markets. The aim of the public policies proposed in this paper is to impede such a clash by avoiding protectionism and de-globalisation, fostering...
Persistent link: https://www.econbiz.de/10011843058
Tension is growing between the interests of the middle classes that are in decline in the mature economies and the rising ones in emerging markets. The aim of the public policies proposed in this paper is to impede such a clash by not threatening de-globalisation, avoiding protectionism,...
Persistent link: https://www.econbiz.de/10011758320
Digitalization and shifting patterns of globalization are fast changing the rules of the game for countries embarking … Transformation Database with the UNCTAD EORA data set, World Development Indicators, and Penn World Tables. Structural transformation …
Persistent link: https://www.econbiz.de/10014280598
This paper seeks to fill a gap in the literature on frontier market economies (FMEs) with the following two research questions: (i) Which are the drivers of FMEs' integration into financial globalisation? (ii) What explains the greater vulnerability of FMEs compared to emerging market economies...
Persistent link: https://www.econbiz.de/10014433727
This study aims to survey the effects of economic globalization on the firm's stock that is measured by the index of … effects must be applied. The results show that the economic globalization significantly improves stock market index. Moreover … the positive and significant effect on the firm's stock depend on political globalization and dummy variable, however the …
Persistent link: https://www.econbiz.de/10011307944
Although there exists a wide array of literature regarding almost every aspect of globalization at macro level … impact of globalization on firm performance/value. In an attempt to contribute to fulfilling this gap, this research focuses … on the impact of the overall globalization level of a country and its single dimensions, specifically her economic, her …
Persistent link: https://www.econbiz.de/10009705754
This paper examines how globalization process shapes the corporate ESG efforts in emerging markets. Using a staggered …
Persistent link: https://www.econbiz.de/10014350921
In June 2013, the High-Level Conference of Middle-Income Countries held in Costa Rica, organised by the United Nations Industrial Development Organization (UNIDO), ventured an intriguing look into the future of development. In particular, the conference highlighted the role of networks in...
Persistent link: https://www.econbiz.de/10012976916