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/rental ratios the world round between 1870 and 1940. The data offer a useful way to identify the impact of globalization on the pre …
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Globalization and robotics (globotics) are transforming the world economy at an explosive pace. While much of the …
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Many of the exports of developing countries are channeled through global value chains (GVCs), which also act as conduits for new technologies. However, new capabilities and productive employment remain limited so far to a tiny sliver of globally integrated firms. GVCs and new technologies...
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Progress in artificial intelligence and related forms of automation technologies threatens to reverse the gains that developing countries and emerging markets have experienced from integrating into the world economy over the past half century, aggravating poverty and inequality. The new...
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, globalization has been good for growth in poor countries at least by diminishing price volatility. But comparative advantage has … never been constant. Globalization increased poor country specialization in commodities when the world went open after the …
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which financial globalization can be a substitute for reforms of domestic financial system. Inefficient financial system and … investment. While financial globalization always improves the welfare of a developed country with a good financial system, its …
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We discuss recent empirical research on how globalization has affected income inequality in developing countries. We … begin with a discussion of conceptual issues regarding the measurement of globalization and inequality. Next, we present … empirical evidence on the evolution of globalization and inequality in several developing countries during the 1980s and 1990s …
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The literature on the benefits and costs of financial globalization for developing countries has exploded in recent … perspective on the macroeconomic effects of financial globalization, both in terms of growth and volatility. Overall, our critical … benefit from financial globalization, but with many nuances. On the other hand, there is little systematic evidence to support …
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