policy regime, as represented by the WTO (World Trade Organization). Environmentalists fear that international trade will … have now become prominent in the policy-making process. In early 2008, legislation to enact long-term targets for reduced … a symbol of globalization, and their fears attach also to that larger phenomenon. The first part of this paper discusses …

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 …

world commodity prices, volatility, crowding out of manufacturing, civil war, poor institutions, and the Dutch Disease. The …

major currencies in the reserve holdings of the world's central banks. Significant factors include: size of the home country …