Globalization: Its Effects

"globalization and Its Disconnects"

Globalization, defined in economic terms as the phenomenon of increased integration of the world economy, generates strong reactions due to some negative effects of the growth of international trade, the internationalization of industrial production, and unrestricted cross-border capital flows, while the overall mobility of labor remains quite limited. Evidence on the growth of international tr...

Distributional Effects of Globalization

Growth Effects of Financial Globalization∗

Abstract We investigate the growth effects of financial globalization, giving particular consideration to potential conditionality of these growth effects on the level of a country’s institutional and financial market development. To capture such conditionality, we extend recently developed heterogeneous dynamic panel data models to account for bivariate long-run conditional parameter homogenei...

Globalization and Its Impact on Families

The term “Globalization” has been widely used in the last fifteen years. It is a controversial term and has been defined in several different ways. Globalization indicates that the world today is more interconnected than before. Globalization in its basic economic sense refers to the adoption of open and unfettered trading markets (through lowering of trade barriers, removal of capital controls...

Software Engineering: Globalization and Its Implications

The offshoring of software development is over three decades old and has been at the leading edge of the offshoring of information technology services. Over the past decade, the pace of offshoring has dramatically increased due in large part to new communication technologies and the opening up of India. This report discusses the evolution of software’s globalizing supplychain. It argues that hi...