Globalization
Global Financial Liberalization Has Failed To Live Up to Its Promise
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.
Conscience Incorporated
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.
Faustian Bargains
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.
Globalization’s Uneven Impact on Women’s Occupational Attainment
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,...
The Corporate Power Narrative: How Corporations Benefit from Economic Globalization
In an excerpt from their new book, Six Faces of Globalization: Who Wins, Who Loses, and Why It Matters, Anthea Roberts and Nicolas Lamp...
Debt Monetization and Lessons from War Financing to Deal With Pandemics: A Webinar With Harold James
Princeton professors Markus Brunnermeier and historian Harold James discuss how much new debt governments will pile up in reaction to the Covid-19 economic fallout....
Global Supply Chain Disruptions: A Webinar With Penny Goldberg, Former Chief Economist of the World Bank
Princeton professor Markus Brunnermeier and Yale professor Penny Goldberg, former chief economist of the World Bank, discuss the impact of Covid-19 on international trade and...
A New Capitalisn’t Episode, Featuring Paul Krugman: A Reading List
On this episode, Kate and Luigi talk with Nobel Prize-winning economist Paul Krugman about his new book Arguing with Zombies: Economics, Politics, and the...
Why Coronavirus Triggered the First Global Supply-Chain Crisis
The only reason why there is no shortage of goods in American markets is that the epidemic outbreak was close to the Chinese New...
Why There Is No “Crisis of Capitalism”
Western dissatisfaction with globalization is wrongly diagnosed as dissatisfaction with capitalism, when in fact it is the product of the uneven distribution of the...
