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What is Economic Globalization

Chapter 14
Handbook of Research on Bioeconomy and Economic Ecosystems
This is a phenomenon in expansion that causes profound changes on the world stage. It revolves around trade, the flow of investment, financial capital, division of labor and specialization. The concept is not limited only to economic variables since its effects extend to individuals, society to the state. Developing countries are experiencing stagnation in the face of their inability to cope with globalization, which is compounded by poor management of their financial markets, leading to an increase in the income inequality gap. Economic globalization brings with it the mobilization of goods and capital, reduces distance between borders and energizes international trade with some alterations to sovereignty.
Published in Chapter:
The Pension System in the Ecuadorian Social Security Institute (IESS): Analysis and Perspectives in the Economic and Legal Fields
Arturo Luque (Universidad Técnica de Manabí, Ecuador & Observatorio Euromediterráneo de Espacio Público y Democracia URJC, Spain), Marcelo Centeno Ponce (Universidad Técnica de Manabí, Ecuador), and Ana Corrales Mendoza (Universidad Técnica de Manabí, Ecuador)
Copyright: © 2023 |Pages: 22
DOI: 10.4018/978-1-6684-8879-9.ch014
Abstract
The financial stability of millions of older adults around the world rests on the shoulders of well-functioning pension systems. For this reason, the sustainability of such systems is one of the most important challenges facing states, especially in the face of low birth rates and increased life expectancy. Hence the growing importance of the debate over taxation and economic policy. This study presents the historical backgrounds of the pension system in Ecuador to give an all-encompassing view of its present configuration, and examines the relevant data of the factors that affect the pension system with the purpose of evaluating the sustainability of the Ecuadorian pension system in the long term. Both the historical and evaluative aspects of the study lead to an analysis of fiscal policies, the political relationships of the system and numerous exogenous processes that reveal aspects of the system that lack the expected solidarity.
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More Results
Chapter 16
Academic Migration From Scientist Networks in the Global Environment: A Case Study
This is a phenomenon in expansion that causes profound changes on the world stage. It revolves around trade, the flow of investment, financial capital, division of labor and specialization.
Published in Chapter: Academic Migration From Scientist Networks in the Global Environment: A Case Study; From: Handbook of Research on Promoting Global Citizenship Education
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Chapter 12
The Social and Solidarity Economics, Public Policies, and Non-Monetary Economic Practices: The Case of Associative Firms in Loja, Ecuador
This is a phenomenon in an expansion that causes profound changes on the world stage. It revolves around trade, the flow of investment, financial capital, division of labor, and specialization. The concept is not limited only to economic variables since its effects extend to individuals, society, to the state. Developing countries are experiencing stagnation in the face of their inability to cope with globalization, which is compounded by poor management of their financial markets, leading to an increase in the income inequality gap. Economic globalization brings with it the mobilization of goods and capital, reduces the distance between borders, and energizes international trade with some alterations to sovereignty.
Published in Chapter: The Social and Solidarity Economics, Public Policies, and Non-Monetary Economic Practices: The Case of Associative Firms in Loja, Ecuador; From: Handbook of Research on Emerging Business Models and the New World Economic Order
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Chapter 11
Belt and Road Initiative: The Case of Malaysia
The widespread of international movement of groups, capital, services, technology, and information that increase the interdependence of world economies.
Published in Chapter: Belt and Road Initiative: The Case of Malaysia; From: The Belt and Road Strategy in International Business and Administration
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Chapter 1
Critical Analysis of the Evolving Process of Neoliberal Global Capitalism
It consists of integrating the different countries of the world from the greater commercial exchange and investments.
Published in Chapter: Critical Analysis of the Evolving Process of Neoliberal Global Capitalism; From: Handbook of Research on Emerging Business Models and the New World Economic Order
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Chapter 20
Analysis of the Education of the Waorani Population and Its Global Threats in Nuevo Amanecer, Shell (Ecuador)
This is a phenomenon in expansion that causes profound changes on the world stage. It revolves around trade, the flow of investment, financial capital, division of labor and specialization. The concept is not limited only to economic variables since its effects extend to individuals, society to the state. Developing countries are experiencing stagnation in the face of their inability to cope with globalization, which is compounded by poor management of their financial markets, leading to an increase in the income inequality gap. Economic globalization brings with it the mobilization of goods and capital, reduces distance between borders and energizes international trade with some alterations to sovereignty.
Published in Chapter: Analysis of the Education of the Waorani Population and Its Global Threats in Nuevo Amanecer, Shell (Ecuador); From: Handbook of Research on Race, Culture, and Student Achievement
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Chapter 2
The Impact of Globalization on External Debts: Evidence From Developing Countries
Economic globalization refers to the intensification and expansion of mutual economic interactions on the world scale. Economically, three dimensions of globalization—trade, financial, or financial and globalization of production—draw attention.
Published in Chapter: The Impact of Globalization on External Debts: Evidence From Developing Countries; From: Global Challenges in Public Finance and International Relations
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Chapter 8
Current High-Powered Challenges and High-Reaching Reforms: Moving to a New Economic Model Based on Green Energy, Digitalization, and Shock Resistance
This is a phenomenon in expansion that causes profound changes on the world stage. It revolves around trade, the flow of investment, financial capital, division of labor and specialization. The concept is not limited only to economic variables since its effects extend to individuals, society to the state. Developing countries are experiencing stagnation in the face of their inability to cope with globalization, which is compounded by poor management of their financial markets, leading to an increase in the income inequality gap. Economic globalization brings with it the mobilization of goods and capital, reduces distance between borders and energizes international trade with some alterations to sovereignty.
Published in Chapter: Current High-Powered Challenges and High-Reaching Reforms: Moving to a New Economic Model Based on Green Energy, Digitalization, and Shock Resistance; From: Frameworks for Sustainable Development Goals to Manage Economic, Social, and Environmental Shocks and Disasters
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Chapter 1
Analysis of Labor Reform During COVID-19: The Case of Ecuador
This is a phenomenon in expansion that causes profound changes on the world stage. It revolves around trade, the flow of investment, financial capital, division of labor and specialization. The concept is not limited only to economic variables since its effects extend to individuals, society to the state. Developing countries are experiencing stagnation in the face of their inability to cope with globalization, which is compounded by poor management of their financial markets, leading to an increase in the income inequality gap. Economic globalization brings with it the mobilization of goods and capital, reduces distance between borders and energizes international trade with some alterations to sovereignty.
Published in Chapter: Analysis of Labor Reform During COVID-19: The Case of Ecuador; From: Handbook of Research on SDGs for Economic Development, Social Development, and Environmental Protection
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Chapter 16
Environmental Policy and FDI Inflows: Evidence From OECD Countries
A concept that shows the economic interaction between a country and the world.
Published in Chapter: Environmental Policy and FDI Inflows: Evidence From OECD Countries; From: Handbook of Research on Energy and Environmental Finance 4.0
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Chapter 8
Digital Transformation Impact on Organizations' Culture and Employees' Motivation: Shaping the “New Normal” and Addressing Sustainable Development Goals
“This is a phenomenon in expansion that causes profound changes on the world stage. It revolves around trade, the flow of investment, financial capital, division of labour and specialization. The concept is not limited only to economic variables since its effects extend to individuals, society to the state. Developing countries are experiencing stagnation in the face of their inability to cope with globalization, which is compounded by poor management of their financial markets, leading to an increase in the income inequality gap. Economic globalization brings with it the mobilization of goods and capital, reduces distance between borders and energizes international trade with some alterations to sovereignty” ( González et al., 2022 ).
Published in Chapter: Digital Transformation Impact on Organizations' Culture and Employees' Motivation: Shaping the “New Normal” and Addressing Sustainable Development Goals; From: Positive and Constructive Contributions for Sustainable Development Goals
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Chapter 12
Best Practice in the Use of the Water Sources of Portoviejo Canton, Ecuador, and Its Parishes
This is a phenomenon in expansion that causes profound changes on the world stage. It revolves around trade, the flow of investment, financial capital, division of labor and specialization. The concept is not limited only to economic variables since its effects extend to individuals, society to the state. Developing countries are experiencing stagnation in the face of their inability to cope with globalization, which is compounded by poor management of their financial markets, leading to an increase in the income inequality gap. Economic globalization brings with it the mobilization of goods and capital, reduces distance between borders and energizes international trade with some alterations to sovereignty.
Published in Chapter: Best Practice in the Use of the Water Sources of Portoviejo Canton, Ecuador, and Its Parishes; From: Climate Change Education for Sustainable Development
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Chapter 3
Market Economy and Good Living: Obstacles to Its Achievement in Orellana, Ecuador
This is a phenomenon in expansion that causes profound changes on the world stage. It revolves around trade, the flow of investment, financial capital, division of labor and specialization. The concept is not limited only to economic variables since its effects extend to individuals, society to the state. Developing countries are experiencing stagnation in the face of their inability to cope with globalization, which is compounded by poor management of their financial markets, leading to an increase in the income inequality gap. Economic globalization brings with it the mobilization of goods and capital, reduces distance between borders and energizes international trade with some alterations to sovereignty.
Published in Chapter: Market Economy and Good Living: Obstacles to Its Achievement in Orellana, Ecuador; From: Frameworks for Sustainable Development Goals to Manage Economic, Social, and Environmental Shocks and Disasters
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Chapter 694
The Economics of Internetization
The global integration of economies through trade and investment flows as well as the internationalization of the production of goods and services.
Published in Chapter: The Economics of Internetization; From: Encyclopedia of Information Science and Technology, Fourth Edition
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Chapter 3
Importance and Implications of Influential, Powerful, and Remarkable Economic Policy Mix: Pre-Pandemic and Post-Pandemic Challenges in Building Inclusive Global Knowledge Societies
This is a phenomenon in expansion that causes profound changes on the world stage. It revolves around trade, the flow of investment, financial capital, division of labor and specialization. The concept is not limited only to economic variables since its effects extend to individuals, society to the state. Developing countries are experiencing stagnation in the face of their inability to cope with globalization, which is compounded by poor management of their financial markets, leading to an increase in the income inequality gap. Economic globalization brings with it the mobilization of goods and capital, reduces distance between borders and energizes international trade with some alterations to sovereignty.
Published in Chapter: Importance and Implications of Influential, Powerful, and Remarkable Economic Policy Mix: Pre-Pandemic and Post-Pandemic Challenges in Building Inclusive Global Knowledge Societies; From: Handbook of Research on SDGs for Economic Development, Social Development, and Environmental Protection
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Chapter 8
The Impact of Cooperative Control Regulations for the Assessment of Environmental and Social Risk: The Case of Credit Placement in Ecuador
“This is a phenomenon in expansion that causes profound changes on the world stage. It revolves around trade, the flow of investment, financial capital, division of labour and specialization. The concept is not limited only to economic variables since its effects extend to individuals, society to the state. Developing countries are experiencing stagnation in the face of their inability to cope with globalization, which is compounded by poor management of their financial markets, leading to an increase in the income inequality gap. Economic globalization brings with it the mobilization of goods and capital, reduces distance between borders and energizes international trade with some alterations to sovereignty” ( Luque et al., 2022 ).
Published in Chapter: The Impact of Cooperative Control Regulations for the Assessment of Environmental and Social Risk: The Case of Credit Placement in Ecuador; From: Achieving the Sustainable Development Goals Through Infrastructure Development
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Chapter 13
Lawfare or the War Behind the Curtains: An Analysis of the Russian-Ukrainian Conflict
this is a phenomenon in expansion that causes profound changes on the world stage. It revolves around trade, the flow of investment, financial capital, division of labor and specialization. The concept is not limited only to economic variables since its effects extend to individuals, society to the state. Developing countries are experiencing stagnation in the face of their inability to cope with globalization, which is compounded by poor management of their financial markets, leading to an increase in the income inequality gap. Economic globalization brings with it the mobilization of goods and capital, reduces distance between borders and energizes international trade with some alterations to sovereignty.
Published in Chapter: Lawfare or the War Behind the Curtains: An Analysis of the Russian-Ukrainian Conflict; From: Handbook of Research on War Policies, Strategies, and Cyber Wars
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Chapter 4
Decent Work and the Processes of Informality: The Case of the Wholesale Market of Ambato, Ecuador
This is a phenomenon in expansion that causes profound changes on the world stage. It revolves around trade, the flow of investment, financial capital, division of labor and specialization. The concept is not limited only to economic variables since its effects extend to individuals, society to the state. Developing countries are experiencing stagnation in the face of their inability to cope with globalization, which is compounded by poor management of their financial markets, leading to an increase in the income inequality gap. Economic globalization brings with it the mobilization of goods and capital, reduces distance between borders and energizes international trade with some alterations to sovereignty.
Published in Chapter: Decent Work and the Processes of Informality: The Case of the Wholesale Market of Ambato, Ecuador; From: Handbook of Research on Novel Practices and Current Successes in Achieving the Sustainable Development Goals
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