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Economic adjustment and reform programs, including those supported by international financial institutions (IFIs), must cope with informational asymmetries and special interest politics. This presents a particularly serious issue when IFIs make structural economic reforms a condition for...
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advantage. Financial globalization then induces more specialization and more trade. The present framework yields explicit closed …
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"Despite the major advances in information technology that have shaped the recent wave of globalization, openness to … suggests that a particular threat and a limiting factor to globalization and its future developments may be militarist …
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trade might be called the ""missing globalization puzzle."" This puzzle is most apparent in the estimated distance … evidence of globalization, on both cross-section and panel data, reflected in a variety of measures of geography. Our …
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