framework, technology, contacts with the outside world, and changes in power and wealth matter not just directly but because …

This paper provides a comprehensive assessment of empirical evidence about the impact of financial globalization on …, we do find that financial globalization can be beneficial under the right circumstances. Empirically, good institutions … and quality of governance are crucial in helping developing countries derive the benefits of globalization. Similarly …

inescapable in the real world of asymmetric information and imperfect contract enforcement. I argue, however, that in confronting …

globalization, international tax competition, and the fading generosity of the welfare state. Financial globalization triggers a … key mechanism which links financial globalization to redistribution policy, this paper develops a stripped-down model …, where easing the country access to the world capital markets induces political-economy based policy changes that impact …

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 …

behind this crisis is the large demand for riskless assets from the rest of the world. In this paper we present a model to …