in capital inflows during an era of intensified globalization. We find that higher levels of original sin (hard currency …

context of globalization then ( pre-1914) and now ( 1980 to the present). I then discuss the determinants of emerging market …

anticipated the collapse of the first era of globalization that began in the mid-nineteenth century. He admonished the short … organize: World War I, Bretton Woods, 1970s Great Inflation and Managed Floating. Each turning point was characterized by …

Recent research in international economic history has opened up new lines of enquiry on the origins of globalization …

have placed an emphasis on the importance of trade with New World colonies, and the expanded supply of raw cotton it … provided. We test both hypotheses using calibrated general equilibrium models of the British economy and the rest of the world … trade with the rest of the world, not the American colonies, that allowed Britain to export its rapidly expanding textile …