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policy regime, as represented by the WTO (World Trade Organization). Environmentalists fear that international trade will … a symbol of globalization, and their fears attach also to that larger phenomenon. The first part of this paper discusses …
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The bulk of global inequality is accounted for by income differences across countries rather than within countries. Expanding trade with China has aggravated inequality in some advanced economies, while ameliorating global inequality. But the “China shock” is receding and other low-income...
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history and economic theory both provide ample grounds for anticipating that advanced stages of economic globalization would … different reactions are related to the relative salience of different types of globalization shocks …
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Two big questions from 20 years ago look somewhat different today. First, would the long-term trend of globalization … overtaken the US economy as the world's largest (measured by Purchasing Power Parity) were followed rapidly in 2015 by …
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