organize: World War I, Bretton Woods, 1970s Great Inflation and Managed Floating. Each turning point was characterized by …

labor regulation of partners because intraindustry trade was important. The New World exported less differentiated products …

of life deep into the 18th century. Does world market integration breed more or less commodity price volatility? The … been associated with much greater commodity price volatility, while world market integration associated with peace and pro … never been constant. Globalization increased poor country specialization in commodities when the world went open after the …

world commodity and factor markets, history offers an unambiguous positive correlation between globalization and convergence …. But is the correlation spurious? When the pre-World War I years are examined in detail, the correlation turns out to be …

-industrial Third World. This paper finds commodity price convergence to have been bigger in the Third World than the Atlantic economy …A Third World data base documenting commodity and factor prices 1870-1940 has been collected, yielding annual time … for 10 in the so-called greater Atlantic economy: Australia, Britain, Canada, Denmark, France, Germany, Ireland, Spain …

third view which argues that the world economy was fragmented and completely de-globalized before the 19th century. None of … three competing views. Both tests show: there is no evidence supporting the view that the world economy was globally … on the global economy that world historians assign to them; but there is abundant evidence supporting the view that the …