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According to the disciplining hypothesis, globalization restrains governments by inducing increased budgetary pressure … globalization (“compensation hypothesis”). Employing two different datasets and various measures of globalization, we analyze … whether globalization has indeed influenced the composition of government expenditures. For a sample of 108 countries, we …
Persistent link: https://www.econbiz.de/10005731509
To explain divergence in member-state policy adjustment in response to the economic pressures of globalization and …
Persistent link: https://www.econbiz.de/10004969237
Institutions are not only created and built, but also, and especially, need to be learnt. It is a process which takes place in all economies, but acquires a special importance in less advanced countries. Not only theoretical arguments, but also the practical experience over the past 15 years...
Persistent link: https://www.econbiz.de/10005059864
Using panel regression for the period 1970-2000 the paper analyzes whether globalization has influenced the OECD … endogeneity of the regressors, the results show that globalization (measured by an index covering 23 variables) did not generally … decrease the leeway for independent economic policy. Globalization even increased implicit tax rates on capital (as calculated …
Persistent link: https://www.econbiz.de/10005076616
of globalization, its paradoxes and its stakes, have revitalized the polemics about the statute and the role of the State …. The new stakes of globalization incite us to take lessons from this and to seize all the "cruciality" of a new development … better reflected? Key words: Economic policy, globalization, development, State, governance. …
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and might be poorly prepared to face the challenge of globalization in the knowledge-based industries. Design …
Persistent link: https://www.econbiz.de/10005081263
The Analysis puts the focus on links between EU-integration and globalization. The EU is active in the process of … globalization, particularly through the EU single market and EU eastern enlargement. As regards major other impulses for economic … globalization the focus is on technological progress - with strong emphasis on ICT - which facilitates the expansion of MNCs and e …
Persistent link: https://www.econbiz.de/10008540473