This report analyses the broad risks associated with sectoral output disruptions both domestically and abroad, examining several exposure metrics. The results indicate that domestic shocks generally have larger sectoral impacts than foreign shocks. In most cases, foreign production disruptions...

"As globalization and the flow of labor across the world accelerated during the latter part of the 20th century, the presence of foreign-born workers in a country's labor market became one of the most prominent and controversial features of modern economies. Countries that facilitated the...

The financial crisis has re-ignited the fierce debate about the merits of financial globalization and its implications for growth, especially for developing countries. The empirical literature has not been able to conclusively establish the presumed growth benefits of financial integration....