Globalization is not new to the world's wine markets, but its influence over the past decade or so has increased … dramatically. This paper reviews the effects of that on both the Old World and New World. In focusing retrospectively on the period … New World and the consequent competitive pressure on the Old World in key import markets. Looking forward, the paper draws …

diseases and the pest phylloxera from the 1860s, most "New World" countries remained net importers of wine until late in the … nineteenth century. Some of the world's leading wine economists and historians have contributed to and drawn on this database to …

. Barely one-tenth of the world's wine production was exported prior to the 1970s, even counting intra-European trade. The … World" producers. New consumers also have come onto the scene as incomes have grown, eating habits have changed and tastes …