Rapid growth among the major emerging markets over the past 20 years has boosted global demand for commodities. The seven largest emerging markets accounted for almost all the increase in global consumption of metals, and two-thirds of the increase in energy consumption over this period. As...

This paper assesses the international comovement of gross capital inflows and outflows using a two-level factor model. Among advanced and emerging countries, capital flows exhibit strong commonality: common (global and country group-specific) factors account, on average, for close to half of...

The regional books that provided detailed estimates of distortion in developing economies are all country focused. While they include commodity details for their particular country, they are not able to provide an overview for developing countries or high-income countries as a group, or for the...

In this book 12 regional chapters, encompassing all of the major regions of the world, provide a global dialogue on globalization. The authors provide new perspectives on how we should think about globalization, its impacts and forms of resistance and response

This book brings together authors from eleven countries to analyze and reflect on what globalization means to them. Does it mean the same in Russia as it does in the U.S.? The same in China as in South Africa? This book provides a global dialogue on globalization and brings much-needed new...