a r t i c l e i n f o Global slack hypothesis Inflation expectations Openness Small open economy DSGE model Korea This paper studies the implications of globalization for the dynamics of macroeconomic variables over the business cycle for a small open trade-dependent economy, such as South Korea. We study the impact of globalization through the lens of a structural model. Globalization is model...

In the following, I will outline central hypotheses and results from an empirical project which focused on the influence of globalization on regionalist conflicts. To understand the connection between the two phenomena, globalization must be operationalised in a way that helps us identify aspects which could influence the state's capacity for territorial management as well as regionalist motive...

Two important areas are underexplored in the relationship between marketing resources and performance. First, the subject has been primarily investigated in the context of Western countries, and inadequate attention has been given to emerging economies. Second, despite the recent growth in globalization, the moderating role of globalization on the link between marketing resources and performanc...

n engl j med 360;8 nejm.org february 19, 2009 816 Economic globalization is an important development of the past half century. Proponents of globalization highlight the benefits of greater economic growth and prosperity; critics point to the exacerbation of economic disparities and the exploitation of workers, particularly in developing (i.e., lowand middle-income) countries.1,2 Pharmaceutical ...

This article develops a new sociological understanding of the difference between global and local relating to the phenomena of globalization. Globalization itself is redefined as one of society’s self-description insofar as, following Niklas Luhmann’s theory, society is conceived as a cognitive system that can only handle information (about the world, about itself) only through its own specific...

Every year, the same ritual takes place at changing locations in the Western world. While the heads of the eight leading industrialized nations meet at their annual G8 summit to discuss the global state of affairs, a wide variety of organizations and protesters meet in parallel to decry what they see as the negative effects of globalization. Notwithstanding these protests, whether one sees glob...

Globalization has changed the world. This paper aims to contribute to the understanding of how companies’ competitive situation is affected by globalization. The paper identifies the main drivers of economic globalization and categorizes the effects into size effects, location effects and pressure effects. Size relates to the magnitude of the potential competition. Location relates to the poten...

This article reviews globalization aspects of “business to consumer” (B2C) electronic commerce. According to Computerworld, “Globalization is the marketing and selling of a product outside a company’s home country. To successfully do that on the Internet, a company needs to localize – make its Web site linguistically, culturally, and in all other ways accessible to customers outside its home te...