Globalisation Definition: An economic phenomenon? A social phenomenon? A cultural phenomenon? The movement towards the expansion of economic and social ties between countries through the spread of corporate institutions and the capitalist philosophy that leads to the shrinking of the world in economic te...
One of the central tenets of economics for nearly 200 years, the “Tragedy of the Commons“, asserts that individual motives will always overwhelm societal motives and lead to the exhaustion of shared resources, unless those resoures are controlled by a system of private ownership or by governmen...
From the late eighteenth century until the mid-twentieth century, the centre of world economics, of significant contributions to economics, was the United Kingdom The vast majority of leading scholars were British or foreign economists working in the United Kingdom. After the 1940s and 1950s, th...
The concept of ‘globalisation’ is not an unfamiliar concept as it has been widely and ‘hotly’ discussed by scholars from a wide range of academic disciplines including history, political science, cultural studies, education, economics, and sociology. The meaning of this concept has become rathe...
social and technological interactions that lead to the establishment of transnational structures and the global integration of cultural, economic, environmental, political and social processes on global, supranational, national, regional and local levels. Although somewhat complex, this definition is in line...
Since the total research capacity is limited, economics should compare investment in public-health research in competition with, rather than in addition to, pharmaceutical research. Health research can provide a balance in approaches and to deliver sufficient evidence to influence policy and practice in...
All three studies employ a similar definition of visa restrictions but due to the cross-sectional nature of these studies, the authors cannot include dyad- or source/destination-specific year fixed effects. These previous analyses of the economic costs of visa restrictions suffer from severe ...
In step 2, by reviewing the title, journal name and abstracts, we selected articles that: a) constituted a social science contribution to the field and; b) were published in English. We employed a liberal definition of what constitutes a ‘social science contribution’, accepting any of the ...
www.economics-ejournal.org 16 effectively removes the differences in the aggregate price levels between the developed economies and the emerging-market economies. In other words, aggregate price indices reflect no information on the purchasing power parity (PPP) between countries by definition. To circ...
what the web of meanings is about that is re-produced through utterances, which contain the word global-isation–is not pre-set by mein a definitional movethrough the application of a pre-set definition, such as ‘heightened economic integration and inter-dependence’. Rather, it is something...