After a strong second quarter, the global upturn appears to remain intact, economic and political turmoils notwithstanding, especially in the United States and the euro area. Therefore, DIW Berlin is slightly raising its forecast for the global economy this year to 4.2 percent. Over the course...

This paper argues that the current episode of global imbalances is caused by the rise of neoliberalism. The paper employs the neo-Gramscian approach to understand the emergence and expansion of neoliberalism. The global imbalances have been the economic consequences of the rise of neoliberalism...

The authors use the Bank of Canada's version of the Global Economy Model, a multi-country, multi-sector dynamic stochastic general-equilibrium model with an active banking system (the BoC-GEM-FIN), to study the evolution of global current account balances following the recent global financial...

Tolerance – respecting those who are different – is arguably of particular importance in an era of globalization, where a potential for economic, social and personal development is increasingly a function of interaction with others different from oneself. We investigate whether globalization...

The class and social structure of developing nations has undergone profound transformation in recent decades as each nation has incorporated into an increasingly integrated global production and financial system. National elites have experienced a new fractionation. Emergent...

The rise of China as an economic and political "driver" of the global economy is likely to be one of the defining moments of world history. Its dynamism and international expansion are on the verge of creating a "critical disruption" in the global order that has held sway for over 60 years. As...

Almost everyone can agree that the original connection of intellectual property to trade was for purely economically instrumental purposes but few would have predicted its other consequences, particularly the reshaped relationship of intellectual property’s innovation mandate to the production...

The paper is an outcome of an academic endeavour of in-depth desk study on public management reform in Bangladesh. The paper primarily examined the influence of globalization on public management reform, specifically excavated three important globalization-backed reform waves like structural...

A few economists, researchers and many pundits in international business and international economics suppose that international trade has either begun to decrease or is about to decrease due to changes in the structure of the world economy. This paper rejects the empirical basis of this...