We propose a theory that rising globalization and rising wage inequality are related because trade liberalization …. This mechanism works regardless of factor endowment differences, so we provide an explanation for why globalization and …

The paper reviews the crucial role which globalization forces played in Israel's transformation from low tech to high …

-income countries into the global economy. Led by China and India, the share of developing economies in global exports more than doubled … between 1994 and 2008. One feature of new trade patterns is greater South-South trade. China and India have booming demand for …-South commerce overtakes North-North flows. China's export specialization evolves rapidly over time, revealing a capacity to speed up …

and asset prices first rise and then fall. These results are in line with the post-globalization dynamics observed in …

Two observations suggest that financial globalization played an important role in the recent financial crisis. First …

Globalization has made it possible for labor in developing countries to augment labor in the developed world, without …

in capital inflows during an era of intensified globalization. We find that higher levels of original sin (hard currency …

income in the emerging market and in the industrialized country. Whereas trade globalization always has a positive effect on … the emerging market, financial globalization may not, especially when trade costs are high. For intermediate levels of …

globalization (1985-2005), there has been some convergence of business cycle fluctuations among the group of industrial economies …