The 1990's have been deluged with a discourse about globalization. We are told by virtually everyone that we are now living, and for the first time, in an era of globalization. We are told that globalization has changed everything: the sovereignty of states has declined; everyone's ability to resist the rules of the market has disappeared; our possibility of cultural autonomy has been virtually...

The change of conditions for production companies in high-wage countries is characterized by the globalization of competition and the transition of a supplier ́s to a buyer ́s market. The companies need to face the challenges of reacting flexibly to these changes. Due to the significant and increasing degree of automation, assembly has become the most expensive production process. Regarding the r...

US services are globalizing at a rapid rate, are increasingly in trade surplus, and, through foreign investment and affiliate sales abroad, are deepening the global integration of the US economy. There is even a new term for the phenomenon—“offshoring”—that is, the offshore outsourcing of service activities. While outsourcing is not new—the breakdown of the process of goods production to local ...

Utilizing simulation approach, this paper examines if the income distribution inequality of a country expands through globalization and/or innovation, somewhat modifying the traditional Heckscher–Ohlin model. First, independently of innovation, the globalization is examined for a country A with two industries (commodities) and four consumers: the (aggregate) worker, the (aggregate) capitalist, ...

In the face of globalization economy, society relies on previously built sources information, which are disseminated through latest communication and information transfer technology. So, in conditions contemporary globalization, first place comes new competitive factor - information. One indispensable for development economic relations is recognition all market participants, because unpredictab...

This paper constructs a simple theoretical model to study the implications of globalization for inequality and redistribution. It shows that when globalization increases inequality, a policymaker interested in maximizing the sum of welfares of all agents increases redistribution. Empirically, the paper examines the e¤ects of globalization on inequality and redistribution in a panel data set of ...

Empirical studies of public opinion regarding globalization have to date addressed only economic integration. By way of comparison, we know much less about public opinion regarding cultural globalization. In addition, there has been little head-to-head testing of alternative explanations for public opinions in these areas. I contrast four arguments: skills, partisanship, economic evaluations, a...

The prevailing theorizing of globalization’s influence of human well-being suggests to assess both the favorable and unfavorable outcomes. This study formulates a dialectical model, adopts a comprehensive globalization measure and uses a three-wave panel data during 1980-2000 to empirically test direct and indirect effects of global flows’ human consequences. The outcomes from random effect mod...