whether financial globalization has helped induce governments to pursue better macroeconomic policies (the ""discipline effect … robust causal evidence. There is some evidence that financial globalization may have induced countries to pursue low …

A cross-country comparative analysis shows that there is substantial room for further integration of China into global …, notably the foreign exchange market. Even though the increased integration of China into international capital markets would … increase its exposure to the global financial cycle, the costs in terms of monetary autonomy would not be large given China …

While China's growth gathered momentum in 2017, rebalancing was uneven and decelerated along many dimensions reflecting …

, using local projections, the paper zooms in on shocks originating in the United States, Europe, and China. Our results …, Europe, and China reduces economic activity in the rest of the world, with the effects being mostly felt in Europe and the …

, especially from EMEs like China, spurring trade tensions and protectionist measures. The paper investigates the conflicting …

globalization hurt sectors where jobs are routinizable but helped others that require specialized skills. High-skilled professionals … share owing to globalization and the erosion of labor market safety nets …