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, namely the People's Republic of China (PRC) and India. The paper also discusses the reforms of institutional (domestic and … International Monetary Fund, and the Group of 20. The impacts of the 2008-2009 financial crisis on the PRC and India are noted and …
Persistent link: https://www.econbiz.de/10013082540
This paper examines the impact of globalization on inequality levels using data from the World Income Inequality … Database (WIID) and the Penn World Table. We find that the effect of trade globalization on inequality is an inverted U … developed countries would benefit more from globalization, while globalization would further increase the level of inequality in …
Persistent link: https://www.econbiz.de/10014262685
We review the debate on the association of financial globalization with inequality. We show that the within country …-market specific – is important for facilitating wider sharing of the benefits of financial globalization …
Persistent link: https://www.econbiz.de/10013250122
We review the debate on the association of financial globalization with inequality. We show that the within …-market specific - is important for facilitating wider sharing of the benefits of financial globalization …
Persistent link: https://www.econbiz.de/10013243076
Economic performance increasingly relies on global economic environment due to the growing importance of international trade and financial links among countries. Literature on growth spillovers shows various gains obtained by this interaction. In this context, this work aims to analyze the...
Persistent link: https://www.econbiz.de/10012936156
economic globalization, especially in Asian economies. It explores the economic implications and consequences of recent …
Persistent link: https://www.econbiz.de/10012832354
Persistent link: https://www.econbiz.de/10013415610
Many economists argue that financial market development plays a role in fostering economic development. However, the question of how to extend financial access to the unbanked in underdeveloped countries has long remained a puzzle in the development finance literature. Much of the debate thus...
Persistent link: https://www.econbiz.de/10013012315
Climate change mitigation faces two main policy challenges: the need for global cooperation to tackle the collective action problem and the need to share the burden of global carbon pricing fair way following the principle of common but differentiated responsibility (CBRD). In this paper we...
Persistent link: https://www.econbiz.de/10013270795
The relevant literature finds the main advantages of financial globalization to be indirect. In the last two decades it … local when globalization of financial markets has occurred. Two country-level institutional indicators that became available … in 2010 are used. The financial globalization data are from the World Development Indicators. The sample consists of all …
Persistent link: https://www.econbiz.de/10012995531