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Where has all the demand gone? : challenges to growth in a "neo-mercantilist" age
Berdell, John F.; Mondschean, Thomas S.; Pecchenino, … - In: Spoudai : journal of economics and business 69 (2019) 3, pp. 35-54
Extensive attention has been given to countries that run current account deficits, but little attention has been devoted to understanding why countries run large surpluses. This is surprising given that unsustainable international imbalances result from one as much as the other. We begin with a...
Persistent link: https://www.econbiz.de/10012172777
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Globalization, Productivity Growth, and Labor Compensation
Dreger, Christian; Fourné, Marius; Holtemöller, Oliver - 2023
We analyse how changes in international trade integration affect productivity and the functional income distribution. To account for endogeneity, we construct a leave-out measure for international trade integration for country-industry pairs using international input-output tables. First, we...
Persistent link: https://www.econbiz.de/10014355913
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Economic globalisation and inclusive green growth in Africa : contingencies and policy-relevant thresholds of governance
Ofori, Isaac Kwesi; Figari, Francesco - 2022
This study employs macrodata for 23 African countries to examine whether good governance interacts with economic globalisation (EG) to foster inclusive green growth (IGG). First, the study finds that EG hampers IGG in Africa. Second, although unconditionally good governance promotes IGG, only...
Persistent link: https://www.econbiz.de/10013357133
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Preferentialism in trade relations : challenges for the World Trade Organization
Low, Patrick - 2014
This paper argues that preferential trade agreements (PTAs) and the World Trade Organization (WTO) are not substitutes …
Persistent link: https://www.econbiz.de/10010348853
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The Securitization of Indo-Pacific Trade and Its New Geo-Economic Paradigms
Di Lieto, Giovanni - 2018
Persistent link: https://www.econbiz.de/10012909490
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Preferentialism in Trade Relations : Challenges for the World Trade Organization
Low, Patrick - 2014
This paper argues that preferential trade agreements (PTAs) and the World Trade Organization (WTO) are not substitutes …
Persistent link: https://www.econbiz.de/10013054264
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International Trade as a Means to Diverse Ends : Development, Workers, the Environment, and Global Public Goods
Reddy, Sanjay G. - 2014
in the design of the world trading system. We sketch the underlying theory and possible practical mechanisms …Diverse goals which are widely agreed to be important in world society. Nevertheless, discussions on trade policy often …
Persistent link: https://www.econbiz.de/10013043321
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Globalization and Keynes's Ideal of a 'Sounder Political Economy between All Nations'
Carabelli, Anna - 2013
demise of the Bretton Woods regime. It therefore revisits some key episodes of the recent history of the world economy – the … space. The article shows that the resulting "hyper" version of globalization is, in its essence, a complete repudiation of … global reform plans to the current epoch of "gated globalization." …
Persistent link: https://www.econbiz.de/10013073443
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Frontier-market economies as a new group of the financial periphery : patterns and transmission channels of global shocks
Prates, Daniela Magalhães; Fritz, Barbara; Paula, Luiz … - In: European journal of economics and economic policies : … 20 (2023) 2, pp. 282-298
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
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Global economy : new risks and leadership problems
Shavshukov, Viacheslav M.; Zhuravleva, Natalia A. - In: International Journal of Financial Studies : open … 8 (2020) 1/7, pp. 1-17
. After the global crisis of 2008-2009, the world economy entered the era of restructuring. This article focuses on the … risks that a new leader will face in the process of shaping the world economy. The methods employed in the research include … combination of world financial system crises and general civilization problems. These new systemic risks for the world economy …
Persistent link: https://www.econbiz.de/10012168948