Do capital importing countries pay higher prices for their imports of goods?

We examine the effects that a country's net capital flows have on the (border) prices that a country pays for its imports of goods. Using data from 2000 to 2009 for 11 euro area countries we utilize a pricing-to-market specification to study exporters' pricing behavior to the rest of the countries in the sample, at the industry level, for 900 goods disseminated at the 4-digit Standard International Trade Classification level. This allows us to construct a panel dataset which contains observations across exporters, importers, industries and time. We find a strong positive influence of the importing country's net capital inflows on the border prices of its imports of goods. This result is robust across different specifications of the underlying model, as well to different sample dis-aggregations across types of capital flows, product categories, and exporters.     

全球化之因及实证论据——知识产品密集化对企业国际化发展的影响

文章在产业发展和企业经营策略的层面上，探索全球经济形成和发展的原因。提出知识产品是企业进行全球化经营的根本动力，知识产品的密集化对企业的出口总额及国外投资等都具有显著的正向影响，并采用多种实证方法对该假设进行论证。实证结果表明，知识产品确实是企业进行全球化扩张的动力所在。文章的研究为全球化的相关研究提供了重要的理论基础，并为公司战略的制定提供一定的指导意义。     

Post-Soviet Russian Film and the Trauma of Globalization

In this paper the author discusses how in post-Soviet times, after years of communal property and existence, Russia has reacted and adjusted itself toward the global expansion of Western capital with all the consequences of that process. The analysis focuses on three films, Mikhalkov’s The Barber of Siberia (1999), Fruntov’s All That of Which We’ve Dreamed So Long (1997), and Balabanov’s Of Freaks and Men (1998), which in different, very desperate ways illustrate Russia’s economic and cultural ambivalence towards Western economic and cultural growth. The paper pursues the cultural manifestations of the cost of a psychological crisis exacted at the level of both society and the individual.     

Tensions in co-evolutionary processes: Three Swedish seed organizations in the 20th century

This paper addresses the issue of which societal actors have the capability and willingness to finance and organize search processes, in order to introduce commercial innovations, over a longer time period. The long-term development of agriculture depends upon innovations within a variety of technologies, markets, organizational forms as well in the seeds themselves. This involves points of tensions between continuity and change as well as co-evolutionary processes organized around the innovation processes. This article explores the tensions between continuity and change, by focusing on three dimensions, namely: (1) regional location versus global interactions; (2) static specialization versus experimentation in knowledge and products; and (3) relative success versus failure. The historical development of three Swedish agricultural seed organizations, Hilleshög, Svalöf and Weibulls, during the 20th century, provides an empirical probe within which to address the more fundamental theoretical problems.     

Using data envelopment analysis to quantify ILO objectives and identify policies conducive to decent work in a globalizing world

The International Labor Office, an arm of the UN based in Geneva, has as its goal the promotion of opportunities for women and men to obtain decent and productive work, in conditions of freedom, equity, security and human dignity. Since 1999, the ILO has conducted a series of studies of decent work. In 2001, the organization posed the global challenge of reducing the decent work deficit as measured by an employment gap, rights gap, a social protection gap, and a social dialogue gap. Using standard economic terms, “decent work” may be seen as an efficiency point along a generalized input-output function, dependent upon variables of both economic performance and economic and social policy. The decent work deficit of a given country (if any) is then obtained as the difference between an observed point and its projection on the efficiency frontier. Using data envelopment analysis (DEA), we fit a piecewise linear frontier to observations for 61 countries from all continents. Importantly, 27 of these countries lie on the decent work frontier; the remaining ones reveal conditions of decent work deficit. The possibilities of reducing such deficits by appropriate control of policy variables are discussed.     

全球化背景下的跨国公司国际规范研究

在经济全球化过程中，熟悉国际游戏规则和全球价值规范成为各国企业首先面临的一个问题。本文主要研究跨国公司的国际规范，即跨国公司在不同的国家和地区处理跨国经营问题时，被广泛接受并认可的用于约束跨国公司行为的国际伦理规范。     

The New Division of Labor in the Globalized Economy: Women’s Challenges and Opportunities

The way in which the new international division of labor (NIDL) in the globalized economy affects gender inequalities has not been sufficiently explored yet. The body of literature on commodity chains that has attempted to assess the welfare effects of the NIDL, especially in less developed countries, has paid sparse attention to gender issues. Globalization has entailed the deverticalization of commodity supply chains and the emergence of highly concentrated financial groups and transnational companies linked to a network of firms operating as affiliates and suppliers, namely the global commodity chains. The NIDL could worsen gender inequality, due to the particular organizational strategies in global commodity chains that privilege power, instead of trust and market exchange, as the major form of governance and means for resource allocation. Because women represent the poorest swathe of the world’s population, they suffer the most from the growing wealth inequality and the concentration of power produced by the NIDL. Moreover, because of the traditional sexual division of labor and because of their low status in society, women are the most harshly exploited subjects in the system. The general conclusion of the paper is that in the NIDL the main means of resource allocation are not competitive markets, as often suggested by the GCV literature and mainstream economics, but are instead power relations that ultimately stem from the patriarchal culture of violence and domination.     

Globalization and flattening of Phillips Curve in Turkey between 1987 and 2007

In the last two decades, there have been important changes in inflation dynamics in Turkey. While average inflation rate, inflation volatility and inflation persistence declined, the prices of tradable goods have shown an increase less than prices of non-tradable goods. The aim of this paper is to inquire whether the globalization has an effect on this change and to test whether and how it affected the slope of the Phillips Curve. The findings point out that global activity did have an effect on domestic inflation rate and that Phillips Curve got flatter.     

Globalization and transformation of human resource management in South Korea

Developments in the area of globalization, labour markets and human resource management (HRM) are topical and have high profiles. Yet they are often underpinned by several older and implicit views. This paper examines five propositions in this respect. We discuss globalization, often taken as driving such developments, and the role of supportive and limiting factors to its influence. We use the case of South Korea, as the main direction of change here is seen as from 'traditional' employment security and seniority-based systems of employee resourcing and rewarding, towards 'newer' flexible and performance-based ones. This seems, on the surface, a case of practice transfer in a somewhat inhospitable climate. We examine and evaluate the restraints, direction and extent of such changes, and arguments that HRM systems are being transformed by such developments. We find that the situation is more constrained and ambiguous.