research
Essays on Economic Integration
- Publication date
- 1 December 2006
- Publisher
- Globalization has become one of the most widely used buzzwords of the late twentieth
century and the early twenty-first century. People discuss them with passion, concern and
sometimes disappointment. Globalization takes numerous forms, from wider coverage of
trade to deeper foreign direct investment and from broader technology dissemination to
larger migration of labor. Despite the hype and excitement, globalization from economic
point of view simply means economic integration. In this thesis, new results are provided
on properties and implications of economic integration concerning distribution of produc
tion, relative growth, income inequality and exchange rates dynamics. In this section the
relevance of the research is emphasized and the structure of the thesis is described.