This paper provides new evidence on the globalizationâ€'poverty nexus. We innovate by using an indicator of globalization in the food sector, finding evidence of a significantly aggravating impact on poverty prev-alence, adding to earlier studies that use indicators of general globalization....

This paper provides new evidence on the globalization‒poverty nexus. We innovate by using an indicator of globalization in the food sector, finding evidence of a significantly aggravating impact on poverty prev-alence, adding to earlier studies that use indicators of general...

Is there a valid argument for international cooperation, and some form of international governance structure, in the international monetary realm? On the purely economic front, the argument is not strong. Yet a broader political economy approach concludes that national currency policy can in...

We analyze the importance of global shocks for the global economy and national policy makers. More specifically, we investigate whether monetary policy has become less effective in the wake of financial globalization. We also examine whether there is increasing uncertainty for central banks due...