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The merger of populations expands the comparison space of incomes. As a result, measures of the income-based social stress and of the income inequality of the constituent populations need to be replaced by new measures. To this end, we develop a procedure for calculating the aggregate social...
Persistent link: https://www.econbiz.de/10014518720
The merger of populations expands the comparison space of incomes. As a result, measures of the income-based social stress and of the income inequality of the constituent populations need to be replaced by new measures. To this end, we develop a procedure for calculating the aggregate social...
Persistent link: https://www.econbiz.de/10014534625
Today the liberal international economic order, with the World Trade Organization as its core institution, faces an increasingly difficult future. International tensions between members states threatens to unwind historical liberalization of international trade and investment. This chapter will...
Persistent link: https://www.econbiz.de/10014356465
The article focuses on identifying priority areas for greening and sustainable devel-opment for OECD countries and Ukraine. They aim to achieve overall progress inthe interaction between the economy and the environment. Additionally, the aim isto create prerequisites for encouraging innovation...
Persistent link: https://www.econbiz.de/10012664629
We review and bridge the literature on the internationalization of state-owned firms and sovereign wealth funds to provide a novel understanding of how governments’ nonbusiness objectives affect foreign investments. We explain how governments as foreign investors behave differently from...
Persistent link: https://www.econbiz.de/10013294864
The impact of artificial intelligence (AI) on business, government, and society is getting more attention. The leading AI sectors have higher productivity but a lower share of GDP than those lagging in digitization and AI. There is a technological gap, with still unknown consequences concerning...
Persistent link: https://www.econbiz.de/10012666920
With the pandemic caused by the novel coronavirus SARS-CoV-2 raging around the world, many countries’ economies are at a crucial juncture. The COVID-19 external shock to the economy has the potential to affect corporate governance profoundly. This article explores its possible impact on...
Persistent link: https://www.econbiz.de/10013247888
China and other East Asian countries were able to deal with the coronavirus pandemic much better than most Western countries. Both the number of infections and the mortality rate were lower than in Western countries by two orders of magnitude. Besides, economic recession associated with the...
Persistent link: https://www.econbiz.de/10014090141
Governments are facing an increasing number of arbitration claims by foreign investors relating to important public policies or seeking substantial damages, and many governments are taking a greater joint interest in how such cases are resolved in investor-state dispute settlement (ISDS). This...
Persistent link: https://www.econbiz.de/10014161516
Governments are facing an increasing number of arbitration claims by foreign investors relating to important public policies or seeking substantial damages, and many governments are taking a greater joint interest in how such cases are resolved in investor-state dispute settlement (ISDS). This...
Persistent link: https://www.econbiz.de/10012454249