This paper evaluates the hypothesis that globalization has increased the role of international factors and decreased … globalization and inflation hypothesis. Our results provide little support for that hypothesis. First, the estimated effect of … countries owes to globalization. Finally, and most surprisingly, our econometric results indicate no increase over time in the …

-globalizations hypothesis. The second half discusses its analytical implications. The Victorian first globalization and the Keynesian-era second … globalization were driven by gains from trade, and those gains increased industrialized country real wages. The neoliberal third … globalization has been driven by industrial reorganization motivated by distributional conflict. Trade theory does not explain the …

Covid pandemic on globalization. We focus on the case of South Africa, where both sectors have a long history. In the early … decades of neoliberal globalization the country's clothing and textile industry declined rapidly and the automobile industry …