In new research, Bruno Pellegrino and Damien Capelle find that while global capital markets have grown dramatically over the past five decades and reached new jurisdictions, the uneven pace of financial liberalization has failed to reallocate capital to lower-income countries, reduced world GDP by 5.9%, and increased inequality between rich and poor countries.
The following is an excerpt from Michael Posner’s recent book, Conscience Incorporated: Pursue Profits While Protecting Human Rights, reprinted here with permission from NYU Press.
The following is an excerpt from the book Law, Development and Regulatory Globalisation
The Case of the World Bank in India's Electricity Sector, by Adithya Chintapanti.
The literature on globalization’s impact on women’s workforce participation generally takes a positive outlook but still produces mixed results. In their research, Yoav Roll,...