This Paper focuses on policies facilitating firm adjustment to globalization. We briefly review the effects of trade …

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 …

The aim of the Paper is to see whether individuals’ attitudes towards globalization are consistent with the predictions …-skilled are pro-globalization in rich countries; while in some of the very poorest countries in the sample being high-skilled has … a negative (if statistically insignificant) impact on pro-globalization sentiment. More generally, an interaction term …

decisions, when the removal either of trade barriers or of restrictions on capital outflows/inflows (‘globalization’) allows … yields the relocation of the whole industry, autarchy is strictly better, in welfare terms, than ‘globalization’. It is only … when relocation is a dominant strategy for one (and only one) of the firms, that ‘globalization’ may be unambiguously …

There are two contrasting views of pre-19th century trade and globalization. First there are the world history scholars … like Andre Gunder Frank who attach globalization ‘big bang' significance to the dates 1492 (Christopher Columbus stumbles …