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benchmark calibration, we estimate that the capital misallocation induced by these barriers reduces World GDP by 7%, compared to …-country inequality: the standard deviation of log capital per employee is 80% higher than it would be in a world without barriers to …
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independent forms of international capital flows, but in the globalized world there are reasons to treat them as interconnected …
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Foreign direct investment (FDI) has grown far more rapidly than trade during the last two decades. As with the other prominent features of globalisation, FDI is controversial. The impact of FDI on labour markets has been of growing concern, particularly, for source countries. The deterioration...
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. Articles also look at the expansion of world trade, explore the impact of globalization on jobs, taxation, and the poor, and …
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