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Over the past two decades, the percentage of the world's population living on less than a dollar a day has been cut in … half. How much of that improvement is because of-or in spite of-globalization? While anti-globalization activists mount … loud critiques and the media report breathlessly on globalization's perils and promises, economists have largely remained …
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The Great Depression ushered in a long era of deglobalization that lasted for many decades. An old conventional wisdom (e.g. Polanyi) argues that the common aspect of this shock across all countries, a deep depression, can explain the large and persistent global shift away from orthodox liberal...
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In this paper, the evolution of thought regarding protectionist trade policies in developed and in developing countries is examined and contrasted. In the developing countries distrust of markets and a belief in the infant industry argument led to highly protectionist trade regimes. The...
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