Increased globalization over the last two decades has led to strong growth in international business activity and … to examine the effects of these recent trends on economic growth in an era of growing globalization and frequent …

argue that globalization promotes economic growth and reduces poverty, which leads to a reduction in the risk of internal … and trade shocks on the risk of intrastate conflict. A set of operationalizations of economic shock is developed and used … basis for concluding that globalization affects the risk indirectly through its effect on long- and short-term growth. In …