127 advanced and developing countries. We provide evidence that this is a result of an increase in financial globalization … (stock of external assets and liabilities). This dominates the effect of an increase in trade globalization (exports plus … shocks we show that the theoretical impact of financial and trade globalization on the correlation between capital inflows …

and developing countries. We provide evidence that this is a result of an increase in financial globalization (stock of … external assets and liabilities). This dominates the effect of an increase in trade globalization (exports plus imports), which … that the theoretical impact of financial and trade globalization on the correlation between capital inflows and outflows is …

benchmark calibration, we estimate that the capital misallocation induced by these barriers reduces World GDP by 7%, compared to …-country inequality: the standard deviation of log capital per employee is 80% higher than it would be in a world without barriers to …

technology, globalization tends to lead to convergence. Moreover, under non-convex technology trade and migration tend to be …-enhancing potential. -- migration ; international trade ; capital movements ; capital formation ; globalization …

Over the past decade, geopolitical developments - and the policy responses to these by major economies around the world …

process of financial globalization. Our central findings indicate that policies promoting financial sector development …, institutional quality, and trade openness appear to help developing countries derive the benefits of globalization. Similarly, sound … unavoidable inherent tensions in evaluating the risks and benefits associated with financial globalization. In the light of these …