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 …

growth or contraction of the economy. What mattered was not simply growth at the time of the election but cumulative growth …

shifts. By shocks we mean sudden jolts to the world economy in the form of financial crises and deep recessions, or wars and …

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 …

were the two most important events in recorded history. Second, there is the view that the world economy was fragmented and … global economy that world historians assign to them, while there is plenty of evidence of a very big bang in the 19th century …There are two contrasting views of pre-19th century trade and globalization. First, there are the world history …

, however, is that there seem to be certain "threshold" levels of financial and institutional development that an economy needs …

commodity markets between 1913 and 1938. There was dramatic disintegration during World War I, gradual reintegration during the …