The paper presents an index of globalization covering its three main dimensions: economic integration, social integration, and political integration. Using panel data for 123 countries in 1970-2000 it is analyzed empirically whether the overall index of globalization as well as sub-indexes constructed to measure the single dimensions affect economic growth. As the results show, globalization in...

It is believed that economic integration, in terms of increasing flows of trade and foreign direct investment, contributes to lower the level of corruption in host countries because integration increases market competition and efficiency, reduces rents, and promotes the diffusion of good governance. However, such kind of argument ignores the interactions between economic integration and local p...

Department of Economics, University of Isfahan, Iran   Ahmad Googerdchian   Assistant Professor, Department of Economics, University of Isfahan, Iran     Abstract   Implementing a currency :::union::: may lead members to face financial crisis if their financial markets are not ready to adopt themselves to a new situation. There are still problems like ownership concentration and self-gover...

Foreign Direct Investment (FDI) is frequently regarded as a key driver of global economic integration because it brings job opportunities, capital investment, and business experience. The current study examines the impact of foreign direct investment on Afghanistan's economic growth using time-series data from 2007 to 2019, which are collected from the World Bank and the International Monetary ...