This paper analyzes the cross-border risks that could result from a decarbonization of the world economy. We develop a typology of cross-border risks and their respective channels. Our qualitative and quantitative scenario analysis suggests that the mid-transition - a period during which...

This paper assesses differences in countries' macroeconomic exposure to trade fragmentation along geopolitical lines. Estimating structural gravity regressions for sector-level bilateral trade flows between 185 countries, we find that differences in individual countries' geopolitical ties act as...

The world has become more interconnected over the past few decades. Against this backdrop, economic and financial contagion following adverse shocks can have a severe impact on the global economy. How systemic can the effects of contagion be? What specific transmission channels are involved?...

The global policy agenda that follows recalibrates priorities to meet the new reality we are facing. The IMF also continues to adjust to respond to the rapidly evolving needs of our membership. Our flexibility has been evident over the past two years of the COVID crisis: unprecedented emergency...

Contents: The handbook of globalisation: introduction and overview / Jonathan Michie -- Part I: Globalisation in Question? -- 1. The future of globalisation / Paul Hirst and Grahame Thompson -- 2. Financial globalization?: history, conditions and prospects / Grahame Thompson -- 3. The scope and...

Contents: Preface -- 1. Spoilers -- 2. Setting the stage -- 3. Deglobalization is not new! -- 4. What drives deglobalization? -- 5. Is deglobalization good or bad? -- 6. The future of deglobalization -- References -- Index.

Recommended readings (Machine generated): 1. Gary Gereffi, John Humphrey and Timothy Sturgeon (2005), 'The Governance of Global Value Chains', Review of International Political Economy, 12 (1), February, 78-104 -- 2. Gary Gereffi (1999), 'International Trade and Industrial Upgrading in the...

Contents: Foreword by Dariusz Wójcik -- Introduction. Theorizing semi-peripheral geographies of finance and banking / Christian Sellar, Silvia Grandi and Juvaria Jafri -- 1. Geofinance/banking between political and financial geographies / Christian Sellar, Silvia Grandi and Juvaria Jafri --...

Contents: 1. The politics of labour, work and employment / Gregor Gall -- Part I: Foundations for understanding the politics of labour, work and employment -- 2. A theoretical framework for labour, work, and employment research / Bruce E. Kaufman -- 3. Pre- and post-capitalist labour, work and...