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Persistent link: https://www.econbiz.de/10008515305
One of the most remarkable features of globalization is the boost undergone by international trade triggered off by … “missing globalization puzzle”. We propose yet another explanation to this apparent contradiction based on the concept of …
Persistent link: https://www.econbiz.de/10008559021
come, driven by changing population demographics, economic globalization, dramatic changes in transportation technology …
Persistent link: https://www.econbiz.de/10008559041
How effective are capital account restrictions? We provide new answers based on a novel panel data set of capital controls, disaggregated by asset class and by inflows/outflows, covering 74 countries during 1995-2005. We find the estimated effects of capital controls to vary markedly across the...
Persistent link: https://www.econbiz.de/10008559277
One of the major economic developments in the world of the last decade has been the complementary globalization of …
Persistent link: https://www.econbiz.de/10008559307
Using the economic freedom index and the newly developed KOF-index of globalization, it is shown that the Scandinavian … and the so called liberal welfare states. The market economy and globalization hence do not pose threats to these welfare …
Persistent link: https://www.econbiz.de/10005419157
The substantial institutional and organisational changes in Japan that followed the Meiji Restoration of 1868 have often gone down in history as an unmitigated success story. The objective of this paper is to analyse the course of the Meiji reform process to indicate how far it might offer any...
Persistent link: https://www.econbiz.de/10005419300
strengthening the indigenous innovation capacity of domestic actors and, to an increasing extent, to the process of globalization of … that the growing importance of China in the globalization of R&D is more than a ‘flash-in-the-pan’. On one hand, China is …
Persistent link: https://www.econbiz.de/10005419496
globalization is increasingly mentioned as a possible source of difficulty. Focusing on the factors responsible for increased levels … of globalization, it appears that internal policy reforms rather than external constraints are primarily responsible for … effective in the attainment of increased levels of globalization.  …
Persistent link: https://www.econbiz.de/10014618751
Abstract Globalization influences inflation and the transmission channels of monetary policy in various ways. The … effects of globalization on the ability of monetary policy to control inflation have been discussed intensively. However, in … increasing globalization has received new relevance. Based on a review of the literature, this paper discusses whether …
Persistent link: https://www.econbiz.de/10014619337