This lecture explores the connection between demographic transitions, mass migrations and international capital flows. It reviews how demographic transitions influence the size of age cohorts, and then how these changes in age distribution influence excess demands in receiving regions and excess...

Globalisation before 1939 had profound effects on factor prices and income distribution, especially between the industrialising core economies and the economies of periphery. Jeffrey Williamson reflects briefly on: the impact of globalisation on relative factor price convergence; the interaction...