economic policymaking in age of economic globalization

Globalization And Inequality In Different Economic Blocks

Globalization and economic volatility

Businesses and households face substantial idiosyncratic and aggregate economic risk. As a general principle, economic risk for businesses reflects the myriad of factors that impact the profitability of the business, while for individuals economic risk reflects the myriad of factors that impact the earnings and employment outcomes of household members. While aggregate risk gets most of the head...

Measuring economic globalization:

Measuring the degree and extent of economic globalization is subject to a variety of issues ranging from theoretical conceptualization to the selection of appropriate data. This examination of economic globalization underscores the importance of a geographic perspective that is necessarily situated within a temporal context. International trade data and exploratory spatial data analyses (ESDA) ...

Socio-economic Dimensions of Globalization in India

Introduction: After Independence, the managers of the Indian economy took very cautious steps. They found the world sharply divided into two blocs: the one led by the capitalist economies (the US in particular) and other led by the communist economies, primarily the then USSR. There was a cold war between these two blocs. Lessdeveloped economies had no option than to join either of the two and ...

Does globalization foster economic growth?

This article focuses on two distinct faces of globalization: the decrease in trade costs of goods and the decline of affiliation costs of joint ventures by foreign firms with local firms. The decrease of affiliation costs drives relocation of firms from the North to the South. When the market size of the North is relatively small (resp. large), the growth rate monotonously decreases (resp. firs...

Globalization and economic sovereignty PROFESSOR

and two anonymous referees for helpful comments and criticism