Showing 21 - 30 of 404,650
In the wake of the U.S.-Canada Free Trade Agreement, both the U.S. and Canada experienced a sustained increase in job reallocation, including firms moving into exporting. The change involved big firms as much as small firms. To mimic these patterns, we formulate a model of innovation by both...
Persistent link: https://www.econbiz.de/10012859166
China's financial openness, as measured by cross border flows and asset ownership, peaked during its 2000s growth surge, as did downward pressure on global interest rates and price levels. This was despite China's restriction of financial inflows to approved FDI and tight controls on private...
Persistent link: https://www.econbiz.de/10012893909
This paper addresses the question whether the features of the post-war process of globalisation are consistent with the social and environmental requirements of sustainable development. To this end the post-war period is articulated in two phases: the Bretton Wood period (1945-1971) and the...
Persistent link: https://www.econbiz.de/10014074582
In a world where poor countries provide weak protection for intellectual property rights, market integration will … adverse effect on the world growth rate. These results provide a strong rationale for global regulations, critical in a system …
Persistent link: https://www.econbiz.de/10014074757
External exposure can be measured by the sensitivity of first and second moments of economic growth to openness and foreign shocks. This paper provides an empirical evaluation of external exposure using panel data methods for a worldwide sample of countries. Controlling for domestic conditions,...
Persistent link: https://www.econbiz.de/10014061959
the growth of GDP as well as human development index. The term globalization is becoming more and more meaningful as can … be seen from the interrelations of these variables. Also globalization has been seen to have effect on the contemporary …
Persistent link: https://www.econbiz.de/10014182773
The paper presents an index of globalization covering its three main dimensions: Economic integration, social … globalization as well as sub-indexes constructed to measure the single dimensions on economic growth are analyzed empirically. The … results show that globalization promotes growth - but not to an extent necessary to reduce poverty on a large scale. The …
Persistent link: https://www.econbiz.de/10014103182
What is the connection between different forms of globalization, economic growth, and welfare? International trade … evaluate the ongoing and active debate about whether globalization is significantly associated with growth in the past. I pay … particular attention to the role of globalization in the Great Divergence, the tariff-trade-growth debate, and the globalization …
Persistent link: https://www.econbiz.de/10014025589
In this paper it is pointed out that economic freedom, globalization and entrepreneurial caliber foster economic growth … business investments. Data are taken from World Economic Freedom Indicators and Eurostat. The elaboration of these data is made …
Persistent link: https://www.econbiz.de/10014136464
old joke goes, the rest of the world caught a cold. But that dominance is now being challenged by the rise of rapidly … outline the consequences of this evolving world economic order – in particular, how it is decoupling the business cycles of …
Persistent link: https://www.econbiz.de/10013101221