Market Economy Under Rapid Globalization and Rising Productivity

Globalization and the German Economy

Liberalization of markets is the most important prerequisite for the process of Globalisation. In fact, liberalization has the capacity to increase countries wealth more than development aid. Once developing countries like SouthKorea, Taiwan, Singapore and Hong Kong for example became the so-called economically successful Asian “Tiger states” of the 1980s. In Europe, Ireland is a similar exampl...

Sport and globalization: the meaning of globalization. (Economy)

by George Wright* T his contribution aims to assess the relationship between sport and globalization. Modern sport originated in the mid-nineteenth century in Great Britain and the United States. Professional sports were organized in mining and industrial towns and cities as businesses, while amateur spectator sports, particularly “American” football, were introduced on university campuses. As ...

Economy of Globalization and Market Crisis: What Solution for the Agricultural Sector

Stock Market Valuation and Globalization

We study the valuation of similar assets in different national markets and how the valuation differentials have evolved through time. We focus on the impact of globalization and propose a (model free) measure of the degree of segmentation of world equity markets. We characterize which factors determine its cross-sectional and time series variation. Our first goal is to link the measure to the d...

Globalization and the Labor Market

I thank Allan Mendelowitz and Matt Slaughter for helpful comments. All opinions and errors are mine. 1 In this paper I survey the effects of international trade and other influences on the US labor market. First, I examine the move toward globalization and its various manifestations. Second, I trace out the main labor market changes that have occurred over the last two or three decades – declin...