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Globalization and its challenges

Article Abstract:

The message of globalization as the ongoing process of greater interdependence among most countries and the challenges faced by the countries are discussed. The biggest challenge faced by globalization and economic growth is poverty. Comments on other problems and challenges faced are also discussed.

Author: Fischer, Stanley
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2003
Globalization

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Sovereign debt restructuring: messy or messier

Article Abstract:

Countries have high stakes in maintaining creditworthiness for attracting international capital flow. Such countries are sovereign. Sovereign default effect credit markets and private economic activity.

Author: Krueger, Anne
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2003
Credit market, Credit markets, Sovereign debt market

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Stock prices, news, and economic fluctuations

Article Abstract:

A study examines the impact of changes in stock prices on future economic development.

Author: Beaudry, Paul, Portier, Franck
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2006
Economic aspects, Stocks, Influence, Stock prices, Business cycles

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Subjects list: United States, Analysis, Forecasts and trends, Economic development, Market trend/market analysis
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