Cultural Differences and Economic Globalization: Effects on trade, foreign direct investment, and migration - Rilegato

Libro 128 di 190: Routledge Studies in the Modern World Economy

White, Roger

 
9781138891807: Cultural Differences and Economic Globalization: Effects on trade, foreign direct investment, and migration
Rilegato
ISBN 10: 1138891800 ISBN 13: 9781138891807
Casa editrice: Routledge, 2015

Sinossi

Economic globalization is the process of increased integration among nations, characterized and fostered by three elements of international trade- goods and services, international capital flows, and international migration. In recent decades, international economic integration has increased both in depth (more pronounced bilateral connections) and in breadth (connections have become more commonplace), thus, the global economy has become increasingly integrated. Societies receive tremendous net benefits from economic globalization, however, accessing these benefits may be limited by cross-societal cultural differences.

This book examines cultural differences as a potential impediment to economic integration. Relying on rigorous statistical and econometric techniques, the analyses indicate that higher transaction costs, due to greater cultural distance, inhibit both the volume of trade flows and the successful completion of trade deals. Cultural distance appears to reduce foreign direct investment, as well as divert investment to less culturally-distant destinations. This book finds a negative relationship between migration flows and cultural distance. It considers the common criticism that repeated and intensified integration diminishes cultural differences, resulting in cultural homogeneity.

This book offers the first comprehensive examination of the relationships between cross-societal cultural differences and economic globalization. It will be of great interest to scholars and students who study globalization, international economics, and cultural studies.

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Informazioni sull?autore

Roger White is Associate Professor of Economics and Douglas W. Ferguson Chair in International Economics at Whittier College, California, USA

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Editore
Routledge
Data di pubblicazione
2015
Lingua
Inglese
ISBN 10 
1138891800
ISBN 13 
9781138891807
Rilegatura
Copertina rigida
Numero edizione
1
Numero di pagine
260
Contatto del produttore
non disponibile
Persona responsabile
gpsr@libri.de
gpsr@libri.de

Friedensallee 273
Hamburg
22763
Germania

Altre edizioni note dello stesso titolo

9780367668624: Cultural Differences and Economic Globalization: Effects on trade, foreign direct investment, and migration

Edizione in evidenza

ISBN 10:  0367668629 ISBN 13:  9780367668624
Casa editrice: Routledge, 2020
Brossura