We use a dynamic spatial general equilibrium model of international investment and production to investigate the real implications of the last five decades of financial globalization. We introduce a wedge accounting framework to estimate country- and time-varying measures of outward and inward...

This study highlights the challenges that a traditional organizational culture faces in terms of its adaptation in the context of contemporary business models and globalisation trends. In our attempt to answer the question - Can a traditional organizational culture and global business coexist? -...

This study investigates the perceptions of economics students from Romania's Central Region regarding the global phenomena of globalization, localization, and slowbalization (GLS), analyzed through the lens of environmental, economic, and educational sustainability. The research highlights a...

This paper shows that global inflation dynamics have a sizable regional component. Using a balanced panel of 61 countries that starts in 1970, we document that while the global factor, defined as the dominant principal component, explains a large portion of inflation variation in advanced...