Did you know that financial globalization only really took off in the late 20th century? While it opened up new investment opportunities, it also made economies more vulnerable to sudden capital ...
July 2020, Paper, "There is compelling evidence that globalization shocks, often working through culture and identity, have played an important role in driving up support for populist movements, ...
We study the roles of globalization and structural change in the evolution of international GDP ... We show that structural change – trend reallocation of economic activity towards services – plays an ...
Many observers suggest that the "globalization" of the U.S. economy has changed the behavior of inflation. This essay examines this idea, focusing on several questions: (1) Has globalization reduced ...