today regional integration has become the main source of concern for governments. in the era of globalization different parts of the world have formed regional groupings. realizing their geopolitical, geostrategic and geo-economic status, these regions have regional structures with various degrees of regionalism. geopolitical region of the caucasus is considered as one of the geopolitical regio...

abstract the purpose of this paper is to test the hypothesis first proposed by romer (1993); suggesting that inflation is lower in more open economies. according to this hypothesis, central banks have a lower incentive to engineer surprise inflations in more-open economies because the phillips curve is steeper. furthermore, comparing with other empirical studies, this paper has used the new kof...

The focus of this study is the effects of globalization on African countries. Globalization is a positive force for development and poverty reduction. It has led to growing inequalities among nation states. This is a problem, which the study seeks to address. Though globalization is a worldwide issue the work shall be united to its economic and political effects. The study aims to examine the c...

Facing the influences of economic globalization, China timely seizes opportunities, deals with challenges and promotes the development of human resources and public sector reform. I. Timely seizing opportunities 1. Problems resulted from China’s human resources development and public sector reform; 2. Positive influences of economic globalization; 3. Timely seize favorable opportunities to make...

We have analyzed the determinants of the Gini coefficient for income and expenditure. In both cases, we do not find support for the Kuznets inverted-U hypothesis. From economic globalization viewpoint, the opening of goods markets reduces income inequality both in the short run (the Gini coefficient for income) and in the long run (the Gini coefficient for expenditure). On the other hand, the o...

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...

Globalization has brought huge overall benefits, but earnings for most U.S. workers -even those with college degrees -have been falling recently; inequality is greater now than at any other time in the last 70 years. Whatever the cause, the result has been a surge in protectionism. To save globalization, policymakers must spread its gains more widely. The best way to do that is by redistributin...