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The study aims to explore whether internationalization by state-owned enterprises is a curse or blessing in the context of aspirant industrial economies, such as China. What do state-owned enterprises' global production aspirations, such as outward foreign direct investment, bring into their...
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The purpose of this study is twofold. The first is to develop a new composite index of globalization based on data on … effects of globalization on economic growth and income inequality. The index comprises 25 indicators that represent the key … integration in the construction of the globalization index. The results show that although globalization promotes economic growth …
Persistent link: https://www.econbiz.de/10012030661
The purpose of this study is twofold. The first is to develop a new composite index of globalization based on data on … effects of globalization on economic growth and income inequality. The index comprises 25 indicators that represent the key … integration in the construction of the globalization index. The results show that although globalization promotes economic growth …
Persistent link: https://www.econbiz.de/10012835362
The objective of this study is to enhance the understanding of inflation targeting tools, which can aid in the development of effective inflation targeting policies in the context of global trends exposure. The current paradigm of sustainable economic development is being challenged by the...
Persistent link: https://www.econbiz.de/10014358380
Today international society faces a challenge in addressing the global financial and economic crises. Never-ending debates on the key causes of financial crises shows there is uncertainty in financial matter. Unlike risk, uncertainty cannot be forecasted by mathematical and stochastic methods....
Persistent link: https://www.econbiz.de/10013104817
outsourcing of investment services. Globalization, captured by a move from autarky to the integrated-world equilibrium, leads to … globalization on the skill premium and fully-endogenous growth. Higher quality products are endogenously discovered through … convergence of wages and growth rates. Globalization and long-run growth are either substitutes or complements depending on a …
Persistent link: https://www.econbiz.de/10014262950
What is often abbreviated to GFC included three distinct crises: the 2007-8 North Atlantic financial crisis, a 2008-9 global economic crisis and public finance crises which became increasingly focused on the eurozone in 2010-12. The relative weight of emerging market economies in the global...
Persistent link: https://www.econbiz.de/10013106482