the treatment of endogenous globalization measures. "--World Bank web site … "globalization years" of 1986-2004. Controlling for trade openness and two indicators of financial globalization, the authors find … the output costs of promoting high interest rates to attract capital flows in a global world. These findings are robust to …

"Despite recent reforms, world agricultural markets remain highly distorted by government policies. Traditional … sector policies are generated without a formal model of global markets or even price elasticity estimates. "--World Bank web …

inequality (inequality between citizens of the world). It discusses the relationship between globalization and global inequality …. And it shows why global inequality matters and proposes a scheme for global redistribution. "--World Bank web site …

markets. "--World Bank web site …

increasing volatility or by amplifying the adverse effect of external shocks. "--World Bank web site …