Effects Globalization has on labor, markets, and the economy
30 views | +0 today
Follow
Effects Globalization has on labor, markets, and the economy
How Globalization effects the markets, labor, and the economy
Curated by Angela McGuire
Your new post is loading...
Your new post is loading...
Rescooped by Angela McGuire from Social Foraging
Scoop.it!

From Tradition to Modernity: Economic Growth in a Small World

This paper introduces the Small World model (Watts and Strogatz, Nature, 1998) into the theory of economic growth and investigates how increasing economic integration affects firm size and efficiency, norm enforcement, and aggregate economic performance. When economic integration is low and local connectivity is high, informal norms control entrepreneurial behavior and more integration mainly improves search for efficient investment opportunities. At a higher level of economic integration neighborhood enforcement deteriorates and formal institutions are needed to keep entrepreneurs in check. A gradual take-off to perpetual growth is explained by a feedback effect from investment to the formation of long-distance links and the diffusion of knowledge. If formal institutions are weak, however, the economy does not take off but stagnates at an intermediate income level. Structurally, the equilibrium of stagnation differs from balanced growth by the presence of relatively many small firms of low productivity.

Via Ashish Umre
more...
No comment yet.
Rescooped by Angela McGuire from Eurozone
Scoop.it!

EU leaders win praise but euro doubts remain | EuroNews

EU leaders win praise but euro doubts remain | EuroNews | Effects Globalization has on labor, markets, and the economy | Scoop.it

The make-or-break EU summit has ended with Nicolas Sarkozy seen as a winner, after all member states but one agreed to more economic integration around the eurozone.


Via Euro Zone
more...
No comment yet.
Scooped by Angela McGuire
Scoop.it!

Language Translation Software markets are growing. Markets at $575.5 million in 2010 are anticipated to reach$3 billion by 2017.

 Source: http://goo.gl/u7CEV

Globalization of the economy is occurring with the advent of the integrated enterprise. As companies position to sell goods and services worldwide, globalization becomes a fact of life. Teams of people work together from many different countries sharing workload and marketing efforts.

The globalization of the economy has brought into existence 1,000 globally integrated enterprises that sustain operations in 160 countries.

 

more...
No comment yet.
Scooped by Angela McGuire
Scoop.it!

GLOBAL ECONOMY WEEKAHEAD-Looking for takeoff in US jobs - Reuters

GLOBAL ECONOMY WEEKAHEAD-Looking for takeoff in US jobs - Reuters | Effects Globalization has on labor, markets, and the economy | Scoop.it
GLOBAL ECONOMY WEEKAHEAD-Looking for takeoff in US jobsReutersBut it will show up in payroll growth, creating more positive growth momentum for the economy," Shepherdson said.
more...
No comment yet.
Rescooped by Angela McGuire from Eurozone
Scoop.it!

IMF: Eurozone Agrement Only Partial Solution To Debt Crisis | Huffington Post

IMF: Eurozone Agrement Only Partial Solution To Debt Crisis | Huffington Post | Effects Globalization has on labor, markets, and the economy | Scoop.it

An agreement reached by European countries for deeper economic integration was a step in the right direction but not a complete solution for the euro zone's debt crisis, International Monetary Fund (IMF)...


Via Euro Zone
more...
No comment yet.
Rescooped by Angela McGuire from IB and AP Economics
Scoop.it!

US accuses China on chicken tax

US accuses China on chicken tax | Effects Globalization has on labor, markets, and the economy | Scoop.it
The US accuses China over chicken tariffs in the latest trade dispute between the world's two largest economies.

Via Marc Burnell
more...
Marc Burnell's comment, September 21, 2011 9:30 AM
A typical news article on tariffs and WTO disputes. A good topic for IAs as a full analysis of tariff diagrams can lead to an easy fulfilment of evaluation criteria.
Scooped by Angela McGuire
Scoop.it!

Global Economy, Financial Markets and International Politics: Decline Watch: Asia now leads the world in centa-millionaires

Global Economy, Financial Markets and International Politics: Decline Watch: Asia now leads the world in centa-m...
more...
No comment yet.
Scooped by Angela McGuire
Scoop.it!

Economy

(Reuters) – Logitech, the world’s largest computer mouse maker, issued its second profit warning in eight weeks, slashing its forecast for full-year profit and sales after a review by its acting chief executive, sending its shares down 12 percent.
more...
No comment yet.