Globalization in its many different forms is the last grand narrative of the 20th century. It evokes a universal vision … feature of globalization despite the powerful authority of elite international institutions to move the global agenda towards …

globalization and stronger protection of intellectual property are analysed. It is shown that globalization leads to more copying of … intellectual property protection has the opposite steady-state effects and thus serves to moderate the effects of globalization. …

This paper presents a theoretical study of the effects of globalization on risk sharing and welfare. We model … globalization as a gradual and exogenous increase in the fraction of goods that are tradable. In the absence of frictions …, globalization opens new goods markets and raises welfare. We assume, however, that countries cannot commit to pay their debts …

globalization in the world automotive business. …

established forms of economics. One message of the book is that we need not choose between accepting and rejecting globalization …; we can have a different globalization. Traditional free trade doctrine rests on shaky empirical and theoretical ground …