Financial globalization and real regionalization
نویسندگان
چکیده
منابع مشابه
Financial globalization and real regionalization
Over the period 1972-1986, the correlations of GDP, employment and investment between the United States and an aggregate of Europe, Canada and Japan were respectively 0.76, 0.66, and 0.63. For the period 1986 to 2000 the same correlations were much lower: 0.26, 0.03, and -0.07 (real regionalization). At the same time, U.S. international asset trade has significantly increased. For example, betw...
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ژورنال
عنوان ژورنال: Journal of Economic Theory
سال: 2004
ISSN: 0022-0531
DOI: 10.1016/j.jet.2003.06.003