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The failure of the Doha Development Round of World Trade Organization (WTO) negotiations in July 2006 was the first major collapse of a multilateral trade round since World War II. Research Associate Thomas Palley sees the failure as an event that could mark the close of a 60-year era of trade...
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According to Research Associate Thomas I. Palley, global outsourcing represents a new economic challenge that calls for a new set of institutions. In this brief, he expands upon the problems of offshore outsourcing as outlined in Public Policy Brief no. 86 and focuses on the microeconomic...
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Contents: Preface -- 1. Introduction: Neoliberalism as a variety of capitalism -- Part I: The United States -- 'economic contradictions coming home to roost? Does the u.s. Economy face a long-term aggregate demand generation problem?', journal of post keynesian economics, 25 (1), fall, 2002,...
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The conventional wisdom is there have been two globalizations in the modern era. The first began around 1870 and ended in 1914. The second began in 1945 and is still underway. This paper challenges that view and argues there have been three globalizations, not two. The first half of the paper...
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