Roger White

Cultural Differences and Economic Globalization (eBook, PDF)

Effects on trade, foreign direct investment, and migration

• Format: PDF

Produktbeschreibung

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.

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Produktdetails

• Verlag: Taylor & Francis
• Seitenzahl: 260
• Erscheinungstermin: 23. Oktober 2015
• Englisch
• ISBN-13: 9781317485964
• Artikelnr.: 44011197

Autorenporträt

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

Inhaltsangabe

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