Globalisation can be a threat or an opportunity, depending on a country’s trade mix and its economic and regulatory … structure. This paper assesses which EU countries are most exposed to globalisation using, among other indicators, measures of … and the level and type of support, such as job-search assistance, that is given to those who are harmed by globalisation …

negative exter- nal trade shocks may be accommodated by the migration of jobs be- tween sectors; the negative impact on some …, will be temporary, unless labour market rigidities prevent the necessary adjustment. We ar- gue that trade shocks trigger a … disequilibria. Therefore, the structural change that follows trade shocks can no longer be analysed within an equilibrium framework …

negative exter- nal trade shocks may be accommodated by the migration of jobs be- tween sectors; the negative impact on some …, will be temporary, unless labour market rigidities prevent the necessary adjustment. We ar- gue that trade shocks trigger a … disequilibria. Therefore, the structural change that follows trade shocks can no longer be analysed within an equilibrium framework …

trade. Organisations that monitor international macro-economic development have identified growing protectionism – not least … the increase in non-tariff barriers to trade, such as local regulations or subsidies – as a potential cause of the weaker … growth in global trade. Non-tariff barriers to trade are a significant element of countries’ trade policies and may often be …

jointly deter- mined. The key regressors in our model are trade and ¯nancial integra- tion indicators, institutional variables … government discretion has destabilising e®ects on growth volatility. We con¯rm that government size increases with trade …

What is the impact of movement towards free trade on output? Can this impact permanently affect output levels, and more … of their trade. The model developed here emphasizes the role that knowledge spillovers emanating from heightened trade …