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The received view pins the adoption of labor regulation before 1914 on domestic forces. Using directed dyad-year event history analysis, we find that trade was also a pathway of diffusion. Market access served as an important instrument to encourage a level playing field. The type of trade...
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Amid a recent surge in arguments that the global economy has begun to "de-globalize," a question has emerged: will globalization survive? In this book , Christopher M. Meissner argues that based on the long-run of history, globalization will not be easily vanquished.
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We focus on two international aspects of the Great Depression--financial crises and international trade-- and try to discern lessons for the current economic crisis. Both downturns featured global banking crises which were generated by boom-slump macroeconomic cycles. During both crises, world...
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