transactions take place. The authors find that globalization via the diversification channel expanded throughout the world during … important, concurrent dimensions of financial globalization: diversification and offshoring. The diversification dimension … markets and countries. The paper also shows that the nature of financing through both diversification and offshoring has …

The literature on the relationship between economic diversification and development has grown rapidly in recent years …, partly due to the surprising finding that diversification rises with gross domestic product per capita up to a certain point …. Export diversification along the extensive margin is inextricable from the introduction of new export products. The authors …

The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009 … internationally, with severe economic and financial disruptions in many countries around the world. The 2009 global recession, set off …