Global virtual-land flow and saving through international cereal trade

International Saving, Investment and Trade

Feldstein and Horioka (Econ J 90:314–329, 1980) observed that saving and investment move closely together in the major OECD countries. This finding is a puzzle if national economies are characterized by one sector neoclassical production functions—with diminishing returns to capital, a high level of savings in a country should create an incentive to export capital. In this paper, we show that t...

Global economic inequality and international trade

Effect of Global Financial Crisis on International Trade in Developed and Developing Countries

The recent global crisis, as a big crash ( Baldwin and Simon , 2009), has reduced foreign demand growth affecting total countries’ exports. Given the importance of foreign trade to nations and the reality that recent crisis has affected international trade we study the effects of the global financial crisis on trade relations between countries by using Ma and Cheng (2003) approach and by appl...

Saving Lives through Global Safe Water

nsafe water is a global public health threat, placing persons at risk for a host of diarrheal and other diseases as well as chemical intoxication. Unsanitary water has particularly devastating effects on young children in the developing world. Each year, >2 million persons, mostly children <5 years of age, die of diarrheal disease (1,2). For children in this age group, diarrheal disease account...

Global Economy Chris Edmond International Trade

Virtually all economists, liberal or conservative, believe that free (or freer) trade is a good thing: good for consumers, good for workers. Why? Because consumers are able to buy products from the cheapest vendor, and workers are able to take jobs that offer the highest wages. But if trade is such a good idea, why do non-economists find the idea so puzzling, and even dangerous? The purpose of ...