We study economic globalization as a multidimensional process and investigate its effect on incomes. In a panel of 147 countries during 1970-2014, we apply a new instrumental variable, exploiting ...

Globalization revolutionized the world economy, its growth and development. It fueled innovation, technological development and the expansion of new means of communication and transportation. World ...

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those ...

WASHINGTON -- Globalization is a process as old as humanity itself. It goes in fits and starts and probably began when one tribe of Homo sapiens explored new territory and found another set of Homo ...

I’m from a fortunate generation. I can remember a time — about a quarter-century ago — when the world seemed to be coming together. The great Cold War contest between communism and capitalism appeared ...