Cultural Differences and Economic Globalization: Effects on Trade, Foreign Direct Investment, and Migration

ISBN-13: 9780367668624 / Angielski / Miękka / 2020 / 244 str.

Roger White

Opis

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. Cultura

Spis treści

I. GLOBALIZATION, ECONOMIC INTEGRATION, AND CULTURAL DIFFERENCES 1. Introducing Culture and Globalization 2. Waves of Globalization: Past and Present 3. The Unevenness of Economic Globalization 4. Dimensions of Cross-societal Cultural Differences II. DO CULTURAL DIFFERENCES HINDER ECONOMIC GLOBALIZATION? 5. Expected Relationships between Cultural Distance and Facets of Economic Globalization 6. The Influences of Cultural Distance on International Trade 7. The Link between Cultural Distance and Foreign Direct Investment 8. Origin-Destination Cultural Distance and International Migration III. INTERPRETING A CULTURAL DISTANCE – ECONOMIC GLOBALIZATION NEXUS 9. Economic Globalization and the Potential for Cultural Homogenization 10. The Implications of being Culturally Distant

O autorze

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