Bertola, Luis; Williamson, Jeffrey G. - 2021
globalization? Why was industrialization so weak? Why was inequality on the rise? This paper offers an answer to these questions. It … massive de-globalization during the decades of lost growth' between the 1820s and the 1870s. Next, it documents what happened … World War I, while it fell thereafter. The correlation between globalization and inequality is likely to have been causal …