Globalization and Innovation in Emerging Markets
نویسندگان
چکیده
منابع مشابه
Globalization and Catching-up in Emerging Markets
To believe is the privilege of politicians. Economists should know. The economic policy makers – who are typically economists put in charge of politics – usurp the prerogatives of both groups and mistake belief for knowledge. What they believe is that, the way the world is made, the poor should be able to catch up with the rich and reduce the enormous differences in the level of economic develo...
متن کاملGlobalization and growth in emerging markets and the New Economy
Not long ago, everyone was talking about the New Economy. Recent events — notably the global economic slowdown and a possible impending war — have crowded out discussions of the New Economy. To be sure, some of the rosy scenarios portrayed at the time — most notably, that the New Economy portended the end of the business cycle — seem curiously dated. Indeed, in terms of the gap between the econ...
متن کاملThe Impossible Duo? Globalization and Monetary Independence in Emerging Markets¤
Collins and Dani Rodrik, provided excellent comments and suggestions. I thank the Center for International Development at Harvard for generous support, and Eric Lockwood for e¤ective assistance. All errors are my own.
متن کاملFinancial Globalization and Emerging Markets: With or Without Crash?
We analyze the impact of ...nancial globalization on asset prices, investment and the possibility of crashes driven by self-ful...lling expectations in emerging markets. In a two-country model with one emerging market (intermediate income level) and one industrialized country (high income level), we show that symmetric liberalization of capital out‡ows and in‡ows increases asset prices, investm...
متن کاملGlobalization And Convergence-Divergence Debate: Strategic Perspectives For Emerging Markets
Globalization calls for a strategic business model that supports creation and sustaining of competitive advantage internationally. Here, we highlight the significance of a transvergence perspective, which is a transformative reinterpretation and application of the indigenous cultural perspective. Two case studies of Chinese enterprises highlight the perspective.
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: American Economic Journal: Macroeconomics
سال: 2010
ISSN: 1945-7707,1945-7715
DOI: 10.1257/mac.2.2.194