Globalization and poverty / T.N. Srinivasan -- Globalization and poverty : what is the evidence? / Emma Aisbett, Ann Harisson, and Alix Peterson Zwane -- International trade, labour turnover, and the wage premium : testing the Bhagwati-Dehejia hypothesis for Canada / Eugene Beaulieu, Vivek...

We survey recent literature on the causes of the collapse in international trade during the 2008-2009 global recession. We argue that the evidence points to the collapse in aggregate expenditure, concentrated on trade-intensive durable goods, as the main driver of the trade collapse. Inventory...