National borders are a big hurdle to the expansion of the open economy. Integration today remains imperfect because national borders translate into trading costs, including differences in monetary regimes. Political borders shelter many goods and services from external competition and,...

The intensifying pace of globalization has led to a questioning of the traditional approaches to governance at the corporate, national and international levels. To explore this issue, this volume focuses on: the most desirable forms of corporate governance; the most appropriate forms of public...

Governance amid globalisation : corporations, governments, and the G8 / Michele Fratianni, Paolo Savona, and John J. Kirton -- Globalisation's challenges for governance -- The needs and challenges of global governance / Olivier Giscard d'Estaing -- Globalisation, governance and the G8 summit /...

Is the world globalized as so many pundits claim? The facts say otherwise. Consumption, for example, has a strong domestic bias. Distance and borders are two important reasons for this bias and are a powerful deterrent to globalization. Also, multinational corporations the organizations that...

This note discusses methodological issues and practical concerns for international economists and international business scholars who apply the gravity equation in their research. The most important message of the note is that this equation should correct for multilateral resistance factors. We...