This paper draws on existing empirical literature and an original theoretical model to argue that globalization and …

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 …

is "Globalization and Its Discontents". Papers presented cover issues such as women and poverty, challenges to the … environment, international trade in the age of globalization and its consequences for developing countries, and the effect of …

This paper develops a growth model aimed at understanding the effects of globalization of production on rate of … imitation. Globalization of production resulting from trade liberalization and imitation of the North’s technology by the South … globalization of production lowers the wage of Southern labor relative to that of its counterpart in the North. This poses a …

Given the intensity of the current debate about the impact of globalization on brain drain in the Third World and …

globalization as they impact development. In this context, we will find it useful to distinguish between the costs and benefits to … concentrates on the movement of the unskilled and its relation to the other dimensions of globalization, while the second attempts … globalization framework. …

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