We characterize evolution of cross-country happiness dynamics by two important factors. The first one concerns inertia, which we model in a non-linear and stochastic environment to reflect on how an ...
On a frozen Himalayan ridgeline, Indian and Chinese troops still stare at each other through rifle sights. Thousands of miles ...
How do macroeconomic and trade policies in the industrialized world affect the welfare of the less developed countries? This paper develops a theoretical and empirical model of the world economy to ...
THE formula of the continually increasing interdependence of the world requires qualification. Mr. Elliot gave three examples in illustration. In the first he traced the change in the economic aspect ...
University Park, Pa. -- Countries that maintain in-depth financial and economic ties with each other are less likely to engage in military conflict, according to a Penn State study. "Political ...
In recent years, a fierce debate has raged among scholars and policymakers about the risks and rewards of economic interdependence. On one side are globalists who argue that economic globalization ...
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