-South commerce overtakes North-North flows. China's export specialization evolves rapidly over time, revealing a capacity to speed up … product ladders. Most developing countries hyper-specialize in handful of export products. The emergence of low- and middle …-income countries in trade reveals significant gaps in knowledge about the deep empirical determinants of export specialization, the …

Among the developing countries of the world, those emerging markets that have sought some degree of integration into … world finance are characterized by higher per capita incomes, higher long-run growth rates, and lower output and consumption …

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 … world's effective labor supply, triggered by geo-political events and technological innovations, coupled with the inability …

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

This paper investigates the impact of stock markets and banks on economic growth using a panel data set for the period …

adjustment to supply price shocks in an individual country is coupled with the world equilibrium determination of capital flows …