The Theil index is much used in economy and finance; it looks like the Shannon entropy, but pertains to event values rather than to their probabilities. Any time series can be remapped through the Theil index. Correlation coefficients can be evaluated between the new time series, thereby allowing to study their mutual statistical distance, to be contrasted to the usual correlation distance meas...

Globalization is a controversial issue in the third world countries. ! is study tries to determine the factors associated with this controversy and explained the economic impacts of globalization in the third world countries on the basis of some of the scholars' arguments expressed on the subject. In the recent past, there have been the pros and cons of globalization in developing countries. So...

The transition to New Economy and knowledge-based economy in the 1990s and early 21st century created an atmosphere that entrepreneurs and SMEs became crucial engines of economic growth. It was conjectured that such trends were brought about various changes in global business environment. These changes include technological changes, increased globalization, employment flexibility, consumer dive...

The previous chapter provided a detailed introduction to empirical data concerning the long run growth of the world economy as a whole and to the international economic relations prevailing among nearly 100 nation states. In this chapter we intend to explore within a simple theoretical model the driving forces behind the apparently unbounded growth of the global market economy, and for the mome...

Empirical studies of public opinion regarding globalization have to date addressed only economic integration. By way of comparison, we know much less about public opinion regarding cultural globalization. In addition, there has been little head-to-head testing of alternative explanations for public opinions in these areas. I contrast four arguments: skills, partisanship, economic evaluations, a...

Food globalization has become an important topic in the discourse on globalization. There has been a rapidly rising trend of multinational food corporations integrating and dominating foreign agro-food markets. A clear example of this trend is present in China, whose economy and food industry experienced an influx of foreign direct investment and multinational retail and restaurant branches dur...

of Paper Much of recent literature on globalization has focused on the impact of worldwide telematics, corporate globalization strategies and the rise of global economic ne tworks – tendencies which foster the disembedding of economic functions and social relationships from their locally bound contexts of interaction. In my paper I shall argue that globalization does indeed foster processes of ...