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cities against rogue states and terrorism) are among the public goods provided for the world economy as a whole are …Modern globalization (which includes free flows of trade and factors of production across frontiers, stable rates of …
Persistent link: https://www.econbiz.de/10011509424
The Cold War was the defining episode of geopolitical fragmentation in the twentieth century. Trade between East and West across the Iron Curtain (a symbolical and physical barrier dividing Europe into two distinct areas) was restricted, but the severity of these restrictions varied over time....
Persistent link: https://www.econbiz.de/10014514981
We assess the impact of geopolitical risk and world uncertainty on the sovereign debt risk of 26 European Economies …
Persistent link: https://www.econbiz.de/10014442414
which it delivers distinctive testable predictions on the sign and direction of convergence. We then use the World Value …
Persistent link: https://www.econbiz.de/10012270567
The traditional school of economic policy analysis predicts that globalisation will give rise to predatory competition between the governments of the European nation states. The consequence is anticipated to be a marked reduction in, if not the destruction of, the benevolent Welfare State. The...
Persistent link: https://www.econbiz.de/10011408984
We build a stylized model that captures the relationships between cross-border patenting, globalization, and … strong, positive impact of policy and globalization on cross-border patent flows, especially from North to South. A … gaining more than North post-2000, thus lowering real income inequality in the world. …
Persistent link: https://www.econbiz.de/10014444894
and a novel domestic extensive margin. The domestic extensive margin allows identification of globalization and specific … effects of globalization and European integration. We find strong positive effects of globalization and also significant but …
Persistent link: https://www.econbiz.de/10013285497
In this paper, we study the drivers of permanent and transitory deposit dollarization for a sample of CESE countries using panel cointegration techniques. The results suggest that a positive cointegration relationship exists between permanent dollarization and Minimum Variance Portfolio (MVP)...
Persistent link: https://www.econbiz.de/10011421680
A frequently employed argument against imposing international sanctions is that rival superpowers are likely to bust sanctions to simultaneously shield the target, harm the sender, and make a profit. We evaluate the legitimacy of this concern by studying the effect of US sanctions on trade flows...
Persistent link: https://www.econbiz.de/10013455721
nations tends to be confirmed. However, multiple equilibria can emerge with globalization backlash associated with large … dynamic version of the model shows stable paths of decreasing size of nations, increasing globalization and (at least … toward a steady state with excessive globalization, too many countries and typically too much government spending. …
Persistent link: https://www.econbiz.de/10011508079