This paper overviews the debate on the relationship between the measures of globalization, economic growth and pace of urbanization, and speculates on its impact on the quality of life and poverty in the context of Asian countries. After experiencing moderate to high urban growth for three to...

This paper explores lock-in and lock-out via economic policy. It argues policy decisions may near-irrevocably change the economy's structure, thereby changing its performance. That causes changed economic outcomes concerning distribution of wealth, income and power, which in turn induces...

This paper uses hysteresis to develop the concept of policy lock-in and lock-out. Policy changes may near-irrevocably change the economy’s structure, thereby changing the distribution of wealth, income and power. That may lock-in policy by changing the political equilibrium. Exit costs that...

International cooperation in support of a global energy transition is on the rise. Initiatives and venues for multilateral cooperation are complemented by growing bilateral engagement to foster international lesson-drawing and exchange. Official development assistance (ODA) in the energy sector...

The recent rise of jihadist movements in West Africa, including Boko Haram in the Lake Chad region and Al-Qaeda in the Islamic Maghreb and its affiliates in the Sahel-Saharan region, has puzzled many observers. The easy spread of the jihadist ideology, the jihadist movements’ success in...

The G20 is at a crossroads. It can retreat to a reaffirmation of nationalisms or commit to a new form of multilateralism, guided by the primacy of social prosperity and the principle of subsidiarity. The G20 has traditionally focused on economic policy issues – economic growth and financial...

A populist backlash to globalization has ushered in nationalist governments and challenged core features of the liberal international order. Although startling in scope and urgency, the populist wave has been developing in declining regions of wealthy countries for some time. Trade, offshoring,...

Europe must return to the Delors agenda of industrial policy and an active European role in the globalization process and a social welfare state to manage the multiple tasks of integration and social cohesion. In the light of our results, European policy-making must dare finally to take the...

This article looks at the long-term, structural determinants of environmental performance in the world system. In multiple standard OLS regression models, we test the effects of 26 standard predictor variables, including the ‘four freedoms’ of goods, capital, labor and services, on the...

This article reflects the renewed interest of economics and the social science discipline in value systems and religion. The World Values Survey provided a data framework of global value change, whose quantitative results led members of the economic profession, most notably, Barro, 2004 to...