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factors, including productivity, innovation, investment, trade, and employment. International law plays a crucial role in …
Persistent link: https://www.econbiz.de/10014354885
Climate change has become a pressing issue that requires comprehensive and scientific understanding of its impact on the economy. Policymakers seek answers to the questions of how climate change affects economic growth, inflation, and the financial system. To design targeted policies, it is...
Persistent link: https://www.econbiz.de/10014355731
This intends to be a very “empirical” paper. We want to let the facts (legal facts, but facts nevertheless) speak by themselves. We simply present them in an organized way and limit to the minimum our own comments. The overall objective is to show, “by getting the legal facts right”,...
Persistent link: https://www.econbiz.de/10014168424
This paper surveys recent empirical studies examining various fields of cultural production in order to scrutinize to what extent they can inform drafting new policies in the field of liberalizing the trade in cultural goods and services. The analysis focuses on three main groups of empirical...
Persistent link: https://www.econbiz.de/10014168425
This paper concerns the purposes of WTO retaliation. There are two most competing purposes of WTO retaliation: inducing compliance and rebalancing. My paper introduces another purpose of retaliation that is reflected in the EC – Hormones dispute: inducing a mutually agreeable solution. In May...
Persistent link: https://www.econbiz.de/10014168427
This study aims to explore the ‘clash of cultures’ between international investment law and international cultural law. When countries pursue economic growth, their policy makers may have an incentive to lower cultural standards to promote economic activities. If states nonetheless maintain...
Persistent link: https://www.econbiz.de/10014168582
Persistent link: https://www.econbiz.de/10011408620
We examine the impact of the last five decades of financial globalization on world GDP and income distribution, using a … pattern Unbalanced Financial Globalization. We then simulate a counterfactual trajectory of the world economy where the RKO … wedges are fixed at their pre-globalization levels. We find that unbalanced financial globalization led to a worsening of …
Persistent link: https://www.econbiz.de/10014340224
, it is possible to identify a variety of channels through which trade affects the evolution of world income and its …
Persistent link: https://www.econbiz.de/10014023765
by the Financial Development and Structure Database of the World Bank. The findings consistently reveal: (i) positive …
Persistent link: https://www.econbiz.de/10011407925