This paper develops a theoretical framework to study the interaction between globalization and political structure. We … early stages, the political response to globalization consists of removing borders by increasing country size. In its later … stages, however, the political response to globalization is to remove borders by creating international unions, and this …

The economic changes associated with globalization tighten financial pressures on governments of high-income countries … and import tariffs, much more heavily than do larger countries. Since the rapid pace of globalization implies that all …

Measured by the ratio of trade to output, the period 1870 1913 marked the birth of the first era of trade globalization …

Some world historians attach globalization big bang' significance to 1492 (Christopher Colombus stumbles on the … important events in recorded history. Other world historians insist that globalization stretches back even earlier. There is a … third view which argues that the world economy was fragmented and completely de-globalized before the 19th century. None of …

for the 50 largest economies in the world. Smaller countries have fewer firms, and thus higher volatility. The model … trade to aggregate fluctuations depends strongly on country size: in the largest economies in the world, such as the U.S. or …