Research in Globalization最新文献_第7页

Reinforcing inequalities: A critical examination of international sanctions and bureaucratic decline in the Global South 强化不平等：对国际制裁和全球南部官僚主义衰落的批判性研究

Research in Globalization Pub Date : 2024-10-28 DOI: 10.1016/j.resglo.2024.100258

Jeremy Ko , Chun Kai Leung , Chitao Yu

{"title":"Reinforcing inequalities: A critical examination of international sanctions and bureaucratic decline in the Global South","authors":"Jeremy Ko , Chun Kai Leung , Chitao Yu","doi":"10.1016/j.resglo.2024.100258","DOIUrl":"10.1016/j.resglo.2024.100258","url":null,"abstract":"<div><div>This study critically examines the impact of international sanctions on bureaucratic quality in 74 developing countries from 1990 to 2020, highlighting how global governance mechanisms influence domestic institutional capacities. By focusing on the interaction between sanctions and economic crises, the research provides fresh empirical evidence on how external political pressures can inadvertently hinder development trajectories in the Global South. Utilizing a fixed-effect regression methodology with robust controls and addressing endogeneity concerns, the findings reveal that international sanctions—especially multilateral ones from the EU and UN—significantly deteriorate bureaucratic quality, particularly during economic crises. This deterioration undermines state capacity, exacerbates inequalities, and challenges the effectiveness and fairness of sanctions as tools of global governance. The study contributes to debates on global development by demonstrating how sanctions can reinforce global power asymmetries and produce divergent development outcomes. It urges a re-evaluation of sanctions within international policy, advocating for more equitable and context-sensitive approaches that prioritize the institutional integrity and development needs of vulnerable nations. The research underscores the importance of aligning global governance mechanisms with ethical principles and development goals, promoting dialogue and collaboration over punitive measures to achieve a more inclusive and sustainable global development paradigm.</div></div>","PeriodicalId":34321,"journal":{"name":"Research in Globalization","volume":"9 ","pages":"Article 100258"},"PeriodicalIF":0.0,"publicationDate":"2024-10-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142553252","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Global value chain participation, globalisation-Energy Nexus and sustainable development in ASEAN 全球价值链参与、全球化-能源关系和东盟的可持续发展

Research in Globalization Pub Date : 2024-09-20 DOI: 10.1016/j.resglo.2024.100253

Romanus Osabohien , Amar Hisham Jaffar , Oluwayemisi Kadijat Adeleke , Alhassan Abdul-Wakeel Karakara

{"title":"Global value chain participation, globalisation-Energy Nexus and sustainable development in ASEAN","authors":"Romanus Osabohien , Amar Hisham Jaffar , Oluwayemisi Kadijat Adeleke , Alhassan Abdul-Wakeel Karakara","doi":"10.1016/j.resglo.2024.100253","DOIUrl":"10.1016/j.resglo.2024.100253","url":null,"abstract":"<div><div>Achieving net zero carbon emissions necessitates a systemic reorganization of global value chains, particularly in the ASEAN region, due to its growing role as a manufacturing hub. This study explores the interaction between global value chains (GVCs), globalization and sustainable development in ASEAN countries from 2014 to 2022. Using data from sources like the World Development Indicators, Human Development Index, Eora Global Value Chain Database, and others, the study employs a system-generalized method of moments to address endogeneity. The findings reveal that GVC participation significantly impacts sustainable development, with a 1 % increase in GVC involvement leading to a 0.11 % rise in sustainable development. Additionally, globalization metrics such as trade openness and merchandise trade, excluding foreign direct investment, also positively influence sustainable development. When combined with GVCs, these factors further enhance sustainable outcomes. The study also highlights the positive impact of trading in low-carbon goods on sustainable development. Based on these findings, the study recommends policies that promote sustainable production practices within GVCs, sustainable urban planning, good governance, and investment in green infrastructure. Additionally, increased investment in renewable energy technologies and infrastructure is essential to ensure equitable access to clean energy. Governments should prioritize transitioning to low-carbon energy sources to mitigate the negative effects of greenhouse gas emissions.</div></div>","PeriodicalId":34321,"journal":{"name":"Research in Globalization","volume":"9 ","pages":"Article 100253"},"PeriodicalIF":0.0,"publicationDate":"2024-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142323421","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Embracing the African Continental Free Trade Area: Unpacking Malawi’s Economy Response to Trade Liberalization 拥抱非洲大陆自由贸易区：解读马拉维经济对贸易自由化的回应

Research in Globalization Pub Date : 2024-09-12 DOI: 10.1016/j.resglo.2024.100252

Wisdom Richard Mgomezulu , Paul Thangata , Daniel Njiwa

{"title":"Embracing the African Continental Free Trade Area: Unpacking Malawi’s Economy Response to Trade Liberalization","authors":"Wisdom Richard Mgomezulu , Paul Thangata , Daniel Njiwa","doi":"10.1016/j.resglo.2024.100252","DOIUrl":"10.1016/j.resglo.2024.100252","url":null,"abstract":"<div><p>The impact of trade liberalization on Malawi’s economy has been a hotly debated topic. To shed light on the subject, a study was conducted using the PEP-1–1 CGE model and the latest Malawi’s Social Accounting Matrix (SAM) from 2019. The results were eye-opening, revealing the potential effects of the African Continental Free Trade Area (AfCFTA) on various sectors of the economy. The removal of trade tariffs is predicted to have a significant impact on prices, with a decrease of 26.31% in the agricultural sector alone, services (−7.88%), public administration (−9.92%), and manufacturing and industry (−11.23%) imposing hopes of improving food affordability and food security. However, it is expected to have adverse impacts on wage rates in the agricultural sector (−18.78%), manufacturing and construction (−19.01%), services (−2.79%) and public administration (−15.81%). Additionally, while exports are expected to increase, the country’s balance of payments may suffer as imports are likely to outweigh foreign earnings. This could also lead to a decrease in government revenue from taxes. To mitigate these effects, the study suggests implementing export restructuring strategies, particularly in industries like manufacturing and construction, and promoting diversification of local production to boost competitiveness and improve wage rates. With these measures in place, the government will not only offset potential losses but also tap into new sources of taxable income.</p></div>","PeriodicalId":34321,"journal":{"name":"Research in Globalization","volume":"9 ","pages":"Article 100252"},"PeriodicalIF":0.0,"publicationDate":"2024-09-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2590051X24000613/pdfft?md5=bd636dee576ef3adde876689ab78cd0f&pid=1-s2.0-S2590051X24000613-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142230507","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Energising equality: The impact of globalisation on women’s empowerment in Kenya’s renewable energy sector 为平等注入活力：全球化对肯尼亚可再生能源部门妇女赋权的影响

Research in Globalization Pub Date : 2024-09-11 DOI: 10.1016/j.resglo.2024.100251

Laura Hellqvist, Harald Heubaum

{"title":"Energising equality: The impact of globalisation on women’s empowerment in Kenya’s renewable energy sector","authors":"Laura Hellqvist, Harald Heubaum","doi":"10.1016/j.resglo.2024.100251","DOIUrl":"10.1016/j.resglo.2024.100251","url":null,"abstract":"<div><div>Globalisation has positively influenced the development and dissemination of renewable energy, particularly in developing and emerging economies. Innovation is a primary driver of such technologies and a cornerstone of the kind of global decarbonisation of energy systems needed to meet the goals of the Paris Agreement. While globalisation and technological progress drive renewable energy development, sustainable and equitable growth of the sector can only be achieved through inclusive policies and practices that address prevailing gender disparities. Globalisation may act as a double-edged sword in global development, driving economic growth and a degree of convergence between countries while simultaneously perpetuating within-country inequalities. This article explores the synergistic relationship between globalisation, renewable energy market innovations, and their socio-economic impacts on women through the lens of three energy access projects in Kenya. Despite their shared objectives of expanding energy access and fostering sustainable development, these initiatives have, at times, fallen short on their gender equality and clean, affordable energy objectives, pertaining to the debate that the benefits of globalisation are unevenly distributed, often exacerbating existing socio-economic and persistent gender disparities. Globalisation, while facilitating technological diffusion and economic growth, often fails to address the underlying inequalities that impede achieving genuine sustainable development. Lessons drawn from these projects highlight the challenges and limitations of current renewable energy access initiatives, emphasising the need to reassess strategies to better achieve the SDGs and integrate gender-sensitive policies into the broader framework of sustainable development.</div></div>","PeriodicalId":34321,"journal":{"name":"Research in Globalization","volume":"9 ","pages":"Article 100251"},"PeriodicalIF":0.0,"publicationDate":"2024-09-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142327680","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

African and international financial markets interdependencies: Does Covid-19 media coverage make any difference? 非洲和国际金融市场相互依存：Covid-19 媒体报道是否会产生影响？

Research in Globalization Pub Date : 2024-08-30 DOI: 10.1016/j.resglo.2024.100249

Godfred Amewu , Mohammed Armah , Saint Kuttu , Baah Aye Kusi

{"title":"African and international financial markets interdependencies: Does Covid-19 media coverage make any difference?","authors":"Godfred Amewu , Mohammed Armah , Saint Kuttu , Baah Aye Kusi","doi":"10.1016/j.resglo.2024.100249","DOIUrl":"10.1016/j.resglo.2024.100249","url":null,"abstract":"<div><p>This study examines the co-movement and time-varying integration between equity, exchange rate, and international market volatility indices across different time–frequency domains using - bi-partial wavelet, - supplemented by dynamic conditional correlation-generalised autoregressive conditional heteroskedasticity (DCC-GARCH), - and BEKK GARCH model for selected African countries. First, the findings indicate that the co-movement between equity and exchange rates during the pandemic was exacerbated by global COVID-19 media coverage. The findings indicate that there has been a substantial risk transfer between exchange rates and stock returns during the COVID-19 pandemic, resulting in a decline in domestic stock returns and subsequent capital outflows, which in turn increased the exchange rate. Given the growing difficulties in diversification, specific information on the volatility of financial market connectedness is required to plan hedging strategies. To explore the influence of global market volatility on Africa’s equity and currency markets, it is crucial to analyse the relationship between regional and global market fluctuations, especially given the negative impact of the COVID-19 pandemic. Our empirical research demonstrates that the VIX and OVXCL indices play a significant role in transmitting spillovers to currency and equity markets in Africa. This suggests that the sentiment indicators provided by the VIX and OVXCL can be useful in predicting the behaviour of Africa’s currency and equity markets.</p></div>","PeriodicalId":34321,"journal":{"name":"Research in Globalization","volume":"9 ","pages":"Article 100249"},"PeriodicalIF":0.0,"publicationDate":"2024-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2590051X24000583/pdfft?md5=d61edf125177b97ce52ebb8cba55ecc8&pid=1-s2.0-S2590051X24000583-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142122312","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The impact of external debt on economic growth: The case of emerging countries 外债对经济增长的影响：新兴国家的案例

Research in Globalization Pub Date : 2024-08-28 DOI: 10.1016/j.resglo.2024.100248

Oussama Elkhalfi , Rachid Chaabita , Mounir Benboubker , Mousaab Ghoujdam , Kamal Zahraoui , Hicham El Alaoui , Sara Laalam , Ismail Belhaj , Hind Hammouch

引用次数: 0

Research in Globalization Pub Date : 2024-08-28 DOI: 10.1016/j.resglo.2024.100250

Charles Howie (Consultant and Advisor to Malawi Fruits, Part of the Scotland Malawi Partnership, Edinburgh)

引用次数: 0

Rationales behind international students’ not selecting India as an education destination – An empirical investigation 留学生不选择印度作为教育目的地的理由--实证调查

Research in Globalization Pub Date : 2024-08-22 DOI: 10.1016/j.resglo.2024.100247

Tarun Bhatara, Pooja Khanna

{"title":"Rationales behind international students’ not selecting India as an education destination – An empirical investigation","authors":"Tarun Bhatara, Pooja Khanna","doi":"10.1016/j.resglo.2024.100247","DOIUrl":"10.1016/j.resglo.2024.100247","url":null,"abstract":"<div><p>India’s higher education sector faces significant challenges in attracting international students, evidenced by hosting less than 1 % of globally mobile students despite substantial efforts to increase this number. This study explores critical barriers preventing international students from choosing India as their destination, including financial constraints, safety concerns, and cultural integration issues. It also assesses the impact of the COVID-19 pandemic on these decisions and examines the potential of online education as an alternative. Findings reveal that inadequate financial support and safety concerns are primary deterrents, with varying impacts across educational levels and regions. Recommendations include enhancing financial aid, improving safety measures, fostering cultural integration, and leveraging online education. Addressing these issues is crucial for India to align with global education trends and improve its international appeal.</p></div>","PeriodicalId":34321,"journal":{"name":"Research in Globalization","volume":"9 ","pages":"Article 100247"},"PeriodicalIF":0.0,"publicationDate":"2024-08-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2590051X2400056X/pdfft?md5=90e12ac7abbfca73e8adb8d52364bdf1&pid=1-s2.0-S2590051X2400056X-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142049952","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Financial globalization, digital financial system and economic wealth in Africa 非洲的金融全球化、数字金融系统和经济财富

Research in Globalization Pub Date : 2024-08-20 DOI: 10.1016/j.resglo.2024.100243

Daniel Ofori-Sasu , Christopher Boachie , Joseph E. Tetteh , Andrews Kwablah

{"title":"Financial globalization, digital financial system and economic wealth in Africa","authors":"Daniel Ofori-Sasu , Christopher Boachie , Joseph E. Tetteh , Andrews Kwablah","doi":"10.1016/j.resglo.2024.100243","DOIUrl":"10.1016/j.resglo.2024.100243","url":null,"abstract":"<div><p>The study examines the joint effect of foreign direct investment (FDI) and financial inclusion on economic wealth in a digital system. By employing the dynamic system GMM for a dataset of 54 African economies over the period, 2004–2022, both the FDI and the dimensions of financial inclusion have a positive effect on economic wealth. We also find that FDI and financial inclusion are complements in determining economic wealth. We provide evidence that a digital system induces a relatively greater effect of FDI and financial inclusion on economic wealth compared to its direct effect. The study found that financial inclusion relatively enhances the effect of FDI on economic wealth in countries that operate in a highly industrialized sector of the economy compared to those in a low industrialized economy. In addition, the complementarity effects are more profound in a digitalized technological environment compared to those with less focus on digitalization.</p></div>","PeriodicalId":34321,"journal":{"name":"Research in Globalization","volume":"9 ","pages":"Article 100243"},"PeriodicalIF":0.0,"publicationDate":"2024-08-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2590051X24000522/pdfft?md5=79dc818fe942eafd9c48e5602f3269a2&pid=1-s2.0-S2590051X24000522-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142076937","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Globalization and financial development contributions toward economic growth in Sudan 全球化和金融发展对苏丹经济增长的贡献

Research in Globalization Pub Date : 2024-08-15 DOI: 10.1016/j.resglo.2024.100246

Khalid Eltayeb Elfaki , Elsadig Musa Ahmed

{"title":"Globalization and financial development contributions toward economic growth in Sudan","authors":"Khalid Eltayeb Elfaki , Elsadig Musa Ahmed","doi":"10.1016/j.resglo.2024.100246","DOIUrl":"10.1016/j.resglo.2024.100246","url":null,"abstract":"<div><p>The main objective of this study is to evaluate how globalization and financial development contributed to Sudan’s economic growth using data from 1978 to 2021 by applying the autoregressive distributed lag (ARDL) model. Furthermore, a model to calculate total factor productivity and the contributions of the underlying variables is being developed. The findings from ARDL indicate that globalization and capital display positive and beneficial impacts on Sudan’s economic growth in the long run, implying that an increase of one percentage point in Sudan’s globalization index will, over time, boost economic growth by 1.50408 % and 0.156301 %. Government spending as a control variable was found to influence economic growth positively. Financial development shows a detrimental effect on growth in Sudan. The average productivity growth rate is negative, regardless of the positive contributions of globalization and financial development. This outcome suggests that globalization and capital have been gainful to Sudan’s economy. Therefore, this study advocates that capital accumulation triggers investment, encouraging more global market openness making it easier to access international markets, setting up a strong and sophisticated financial system to assist Sudan’s economic development, and enhancing Sudan’s spending policy to support the productive sectors and encourage domestic production will significantly stimulate economic growth post-war, taking into account additional measures, such as regulations, investment laws, institutional quality, the integration of the banking system, and identifying expenditure prioritizations.</p></div>","PeriodicalId":34321,"journal":{"name":"Research in Globalization","volume":"9 ","pages":"Article 100246"},"PeriodicalIF":0.0,"publicationDate":"2024-08-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2590051X24000558/pdfft?md5=b659300eb51975b6a441e91297189634&pid=1-s2.0-S2590051X24000558-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142006299","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0