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...

COVID-19 pandemic had a devastating effect on both lives and livelihoods in 2020. The arrival of effective vaccines can be a major game changer. However, vaccines are in short supply as of early 2021 and most of them are reserved for the advanced economies. We show that the global GDP loss of...

Globalization is blamed for many socio-economic shortcomings. I discuss the consequences of globalization by surveying the empirical globalization literature. My focus is on the KOF indices of globalization (Dreher 2006a and Dreher et al. 2008a), that have been used in more than 100 studies....

During the globalization process, each country tries to have monetary stability, macro economic discipline, an effective finance system, and a more competitive market mechanism. On the aspects of applied policies and politicians' reliability, their accountability and transparency is far...

Bu makalede son donemde ABD de konut sektöründe fiyatların “balon etkisi” (konut fiyatlarının yapay olarak aşırı yükselmesi) neticesinde patlak veren ve kısa surede tüm dünya ülkeleri üzerinde etkili olan Global Finansal Krize sebebiyet veren faktörler (iktisadi ve...

Increased labor migration from Mexico to the United States between 1980 and 2000 stemmed in large part from macroeconomic policy reforms, implemented at the domestic and international levels, that we now associate with economic "globalization." These reforms were ushered in by the era of "deep...

This article discusses the motives and determinants of global business service outsourcing. Similar to foreign production, outsourcing providers seek resources, new markets, efficiency, and strategic assets or capabilities. Similarities between multinational enterprises producing goods and...