context of globalization-a term typically used to describe the phenomenon of growing international trade and financial …

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

in affecting developing countries’ experiences with financial globalization. …

In theory, one of the main benefits of financial globalization is that it should allow for more efficient international … outcomes during the recent period of globalization. Developing countries have, by and large, been shut out of this benefit. The … why emerging markets have not been able to realize this presumed benefit of financial globalization. In particular, our …

The literature on the benefits and costs of financial globalization for developing countries has exploded in recent … macroeconomic effects of financial globalization, in terms of both growth and volatility. Overall, our critical reading of the … financial globalization, but with many nuances. On the other hand, there is little systematic evidence to support widely cited …

This paper studies the changes in world business cycles during 1960-2003. We employ a Bayesian dynamic latent factor … globalization period (1986-2003). The results indicate that the common (G-7) factor explains a larger fraction of output …, consumption, and investment volatility in the globalization period than in the BW period. These findings suggest that the degree …

globalization affected the relative share of income going to capital and labor? Using a panel of over one hundred countries, this … paper analyses trends in labor shares and examines the relationship between shares and measures of globalization. Contrary … changes in factor endowments and government spending, as well as by traditional measures of globalization, such as trade …

guarantee.While trade reforms can help accelerate integration in the world economy and strengthen an effective growth strategy … preservation and expansion of the world trade system hinges on its ability to strike a better balance between the interests of … industrialized and developing countries. Global markets are the most hostile to the products produced by the world’s poor—such as …