Search results
Results from the WOW.Com Content Network
In the post-World War II period, states sacrificed globalization while embracing democracy at home and national autonomy. [7] The trilemma suggests that the backlash against globalization in the last few decades is rooted in a desire to reclaim democracy and national autonomy, even if it undermines economic integration. [ 7 ]
Assume that world interest rate is at 5%. If the home central bank tries to set domestic interest rate at a rate lower than 5%, for example at 2%, there will be a depreciation pressure on the home currency , because investors would want to sell their low yielding domestic currency and buy higher yielding foreign currency.
In spite of the World Economic Forum's Global Risks Report which is increasingly identifying environmental pressures as the dominant risks to humanity, none of the indicators used to determine this report's competitiveness ranking reflect any of the countries' environmental dimensions such as energy, water, climate risks, resource or food security, etc.
International political economy (IPE) is the study of how politics shapes the global economy and how the global economy shapes politics. [1] A key focus in IPE is on the power of different actors such as nation states, international organizations and multinational corporations to shape the international economic system and the distributive consequences of international economic activity.
Even so, while cases like Brazil, India and Mauritius have had several important economic achievements in their late-democratic period, it is not safe to imply that these countries are exemplary. Although they have performed better than expected, many more changes lie in the future, while cases like Tunisia and Libya have had a much better ...
The economic history of the world encompasses the development of human economic activity throughout time. It has been estimated that throughout prehistory, the world average GDP per capita was about $158 per annum (inflation adjusted for 2013), and did not rise much until the Industrial Revolution .
Story at a glance The authors noted the most common forms of hesitancy stemmed from mistrust in the science and effectiveness and safety concerns. Other common reasons for hesitation were rooted ...
The essential argument of the world-system theory is that in the 16th century a capitalist world economy developed, which could be described as a world system. [56] The following is a theoretical critique concerned with the basic claims of world-system theory: "There are today no socialist systems in the world-economy any more than there are ...