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whether the world is globally integrating or whether regions are emerging as a new layer of societal integration beyond the … and the Caribbean. Consequentially, world regions do constitute an increasingly salient layer of societal integration … beyond the nation-state. This finding contradicts basic assumptions of world systems theory's core-periphery model, demanding …
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We test the relationship between the size of regional trade agreements (RTA) and openness by using a gravity equation with multilateral trade factors. Our sample includes eleven RTAs, seven with constant membership and four with expanding membership. Regional trade bias declines with the size of...
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While FDI is generally assumed to represent long-term investments within the “real” economy, approximately 30-50% of global FDI is accounted for by networks of offshore shell companies created by corporations and wealthy individuals for tax and other purposes. To date, there has been limited...
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yields economically plausible and statistically significant estimates of the declining effect of “national borders” on world …
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to evidence from seven industries. European firms that are strong competitors at the world level are able to adjust …
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