Showing 1 - 10 of 71
This Paper focuses on two distinct facets of globalization: the decrease in the trade costs of goods and the decline of …
Persistent link: https://www.econbiz.de/10005498045
Some observers argue that increased real integration has led to greater co-movement of prices internationally. We examine the evidence for cross-border price spillovers among economies participating in the pan-Asian cross-border production networks. Starting with country-level data, we find that...
Persistent link: https://www.econbiz.de/10011083958
This paper analyses theoretically and empirically the relationship between trade and war. We show that the intuition that trade promotes peace is only partially true even in a model where trade is beneficial to all, war reduces trade and leaders take into account the costs of war. When war can...
Persistent link: https://www.econbiz.de/10005504509
The Paper analyses (i) if globalization is undemocratic, (ii) if NGOs can fill a gap in representation and … democracy and globalization. A major part deals with the question of whether globalization enhances democracy. The answer is …
Persistent link: https://www.econbiz.de/10005497698
In 2009, the United States imposed additional tariffs for a three-year period on imports of automotive tires from China under a special-safeguard provision included in China’s Protocol of Accession to the WTO. China challenged the measure in the WTO. The case marked the first WTO dispute in...
Persistent link: https://www.econbiz.de/10011083656
In a period of rapid integration and accelerated growth in emerging markets, three striking trends have been (1) a divergence in the private saving rates of emerging markets and advanced economies, (2) large net capital outflows from emerging markets, and (3) a sustained decline in the world...
Persistent link: https://www.econbiz.de/10011083716
How does increasing globalization affect corporate transparency? Freer trade represents two facets and in theory has …-country-year level, and a second measure of globalization-induced product market competition based on a country’s own tariff … globalization promotes corporate transparency, especially in industries that depend heavily on external financing. At the same time …
Persistent link: https://www.econbiz.de/10011083813
The design of institutions is shaped by a fundamental trade-off. On the one hand, relationships and heterogeneity push governance down. On the other, the scale and scope benefits of market integration push governance up. A corner solution is rarely optimal. An intermediate outcome, a world...
Persistent link: https://www.econbiz.de/10011084069
The process of globalization is characterized by an impressive growth in global value chains, as well as the … potential NGO emergence allows firms to capture gains from globalization, which would otherwise be unattainable. We show that …
Persistent link: https://www.econbiz.de/10011084080
We review a recent body of theoretical work that aims to put numbers on the consequences of globalization. A unifying … consequences of globalization. …
Persistent link: https://www.econbiz.de/10011084415