Search results for " GLOBALIZATION"
showing 10 items of 76 documents
Advanced services and city globalization on the Eastern fringe of Europe
2007
Capital cities in East Central and Eastern European Countries (ECEEC) are changing rapidly. Since the 1990s, the ECEEC capitals have faced the double challenge of the market (the transition process) and of integration in the world economy (the globalization process), which supposes a sufficient development of coordination functions and thus of advanced services concentrated in these cities (city globalization). Their capacity to join the network of global cities is evaluated on the basis of their relative specializations in advanced services and their connections with the rest of the world. The comparative analysis leads to contrasted globalization perspectives. Thus, Budapest, Prague and W…
Nationalisation, Localisation and Globalisation in Finnish Higher Education
2004
This article analyses and discusses the interplay between the social processes of nationalisation, localisation and globalisation in a single European nation state. The view of nationalisation put forward draws on a national case study based on historical and sociological research findings. The second part of the article presents a case study of the nature of globalisation and localisation in an average Finnish university. The article shows that nationalisation of Finnish higher education has created a cultural understanding of higher education institutions important for competition with other nations. As for localisation, on the one hand higher education institutions support their local co…
Economic globalization and voter turnout in established democracies
2010
This paper asks whether international economic integration negatively affects electoral turnout. The theoretical model builds on the premise that economic integration constrains the ability of national governments to shape outcomes. Citizens are conscious of such constraints and take them into account when considering the costs and benefits of casting a vote in national elections. The result is a lower inclination to vote under conditions of high economic integration. Consequently, aggregate turnout is lower the more internationally integrated a national economy is. Analysis of aggregate data for parliamentary elections in 23 OECD democracies over the period 1965–2006 robustly supports this…
Measuring Globalization of International Trade: Theory and Evidence
2009
Measuring globalization requires a Standard of Perfect International Integration as a benchmark that a single world space would reach under conditions of geographic neutrality in international trade. We define this standard and present indicators for openness, connectedness and integration, for each specific economy, and for the world economy. We apply our indicators to data on trade flows for 59 countries for the 1967-2004 period. Results show that trade integration is higher than what traditional openness indicators suggest. Several economies find high levels of integration, but the low degree of openness in some large economies jeopardizes the progress of globalization. © 2008 Elsevier L…
Trade integration in the European Union: Openness,interconnectedness, and distance
2020
Abstract This article presents a set of indicators to measure regional trade integration, focusing on the case of the European Union. We propose measures of openness, connectedness and integration which are tuned to evaluate not only how these components contribute to the advance of international integration, but also to control for the potential threat posed by the proliferation of regional trade agreements to trade globalization. Although this and related questions have been examined from several perspectives, the present article explicitly attempts to quantify how regional trade agreements either intensify or thwart trade globalization. Results show that the process of trade integration …
Financial Globalization, Fiscal Policies and the Distribution of Income
2020
This paper provides evidence that financial globalization—liberalization of the capital account—makes income distribution more uneven by raising the share of income that goes to the richest income deciles. We also offer evidence that changes in domestic fiscal policies in the aftermath of financial globalization are one channel through which these distributional effects could occur. Specifically, we show that episodes of capital account liberalization are followed by greater fiscal consolidation and reduced fiscal redistribution, both of which lead to increased inequality.
Japan's FDI drivers in a time of financial uncertainty. New evidence based on Bayesian Model Averaging
2021
En este artículo analizamos los determinantes del stock de FDI saliente de Japón para el período 1996–2017. Este período es especialmente relevante ya que abarca un proceso de creciente globalización económica y dos crisis financieras. Para ello, consideramos un amplio conjunto de variables candidatas basadas en la teoría, así como en análisis empíricos previos. Nuestra muestra incluye un total de 27 países anfitriones. Seleccionamos las covariables utilizando una metodología basada en datos, el análisis Bayesian Model Averaging (BMA). Además, también analizamos si estos determinantes cambian según el grado de desarrollo (emergentes vs desarrollados) o las áreas geográficas (UE vs Asia Orie…
Indexes as Business Environment Characterizing Instruments
2017
Every year several world organizations evaluate countries according different criteria and determine their indexes, such as KOF Index of Globalization, Corruption Perception Index, Global Competitiveness Index, Global Innovation Index, and others. These indexes later are used for analysis of the aspects of entrepreneurship activities in specific countries. One particular application of indexes is related to analysis and evaluation of the business environment of the country. The entrepreneurship is affected by many factors; to research all of them is very time and effort consuming process. The proposed approach (i.e., use of indexes) is targeted and can yield results of the practical signifi…
From The Lisbon Strategy To Europe 2020
2015
Abstract The idea of a Western Europe economic recovery occurs after World War II. First as a common market, and later, after enlargement towards Central and Eastern Europe as the single internal market. Due to the new challenges with which the global economy was faced, the longterm and short-term European economy needs a coherent growth economic strategy; the success of this strategy depends on joint action. Expanding the European economy is a continuous and irreversible process, yet it advances too slowly. The Lisbon strategy is a commitment to revive the European economy in all sectors. At 5 years after implementation of this strategy it was found that the results are insufficient, so me…
Detraditionalization, Hyper-consumption and Ambivalence
2015
During the past 20 years, European football has witnessed an intense change process that has radically transformed some of its main structural characteristics. This process is related to the same tendencies that have affected other aspects of social and economic life in western societies, such as the communication technologies revolution, the progressive rationalization of work, the increase in migration, the commodification of human activity, and the development of social and economic globalization processes, to name a few of the most relevant changes. These trends are usually thought to have had a strong influence on the recent evolution of football, giving rise to a redefinition of its c…