I examine how globalization affects wages and welfare in a general equilibrium model of international trade with partly … oligopolistic markets. Globalization is modeled as reducing trade costs or opening up shielded sectors to trade. There is a national … contributions to the latter's decisions. Both a shift from national to international regulation and a decrease in trade costs …

Globalization transforms not just the economics of production and exchange in the world, but also the political economy … affected by globalization, in particular colonial expansions of wine producing empires. We study several historic cases and …

globalization that is best understood as a new form of competition. Palley urges policymakers to understand the economic basis of …