This paper addresses the link between the generation of economic knowledge and economic policy conclusions. Focusing on the case of research in international trade, It establishes a taxonomy of rhetorical practices used to make such a link. The flexibility observed in these practices contrasts...

This paper addresses the link between the generation of economic knowledge and economic policy conclusions. Focusing on the case of research in international trade, I establish a taxonomy of rhetorical practices used to make such a link. The flexibility observed in these practices contrasts...

Two fundamental issues have been ignored in the convergence debate which are addressed in this paper. First, there has been little attention paid to the development of a general model able to explain convergence a divergence. Second, in the rush to put data to a convergence hypothesis,...

Countries subject to the same degree of exposure to globalization may experience very different levels of economic insecurity depending on social support or employment protections provided by the state or even due to insurance obtained by households. We identify five varieties of industrialized...

Abstract Aid for Trade is widely heralded as a success in promoting increased trade by developing countries. Increased trade, however, does not automatically translate into greater prosperity for workers or local communities. In a world characterized by global value chains (GVCs) in which large...

Abstract With the steady growth of global value chains (GVCs), each country’s trade now has a more complex relationship with the international division of labor. We decompose the employment effects of a country’s trade into five components, specifically the labour content (1) in exports, (2)...

This paper shifts the focus of discussion on the 2008 financial crisis from the problems of the financial sector to its effects on the real economy. We step back from the immediate facts of the crisis to consider the reason for finance and its importance in firm innovation, both theoretically...