Found 33 article(s) for author 'Globalization'

The State of the World with Rawi Abdelal

The State of the World with Rawi Abdelal. Rawi Abdelal, February 24, 2017, Audio, “At this moment of great geopolitical change, Davis Center Director Rawi Abdelal looks at the fate of globalization through the lenses of great power transitions, national borders, and economic inequality. Rawi Abdelal is the Herbert F. Johnson Professor of International Management at Harvard Business School and the Director of Harvard’s Davis Center for Russian and Eurasian Studies. His work focuses on international political economy and the politics of globalization and political economy of Eurasia.Link

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Gita Gopinath’s Advice To RBI: ‘Be More Transparent’

Gita Gopinath’s Advice To RBI: ‘Be More Transparent’. Gita Gopinath, January 6, 2017, Video, “On NDTV’s Walk The Talk, Economics Professor at Harvard University and Financial Advisor to the Kerala Chief Minister Gita Gopinath says she’s a bit puzzled about why an institution like the RBI which is driven by data was giving out data post demonetisation. She adds RBI should have been more transparent about data. She says she feels that notes ban was a great move by the government and will benefit India in the long run, however she feels the implementation could have been better planned and gradual. She says “getting rid of 86% of the currency in circulation is unprecedented, not just in practice but also in theory”.Link

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The Charmed Life of Superstar Exporters: Survey Evidence on Firms and Trade Policy

The Charmed Life of Superstar Exporters: Survey Evidence on Firms and Trade Policy. Dustin Tingley, January 2017, Paper, “What factors determine firms’ attitudes toward trade policy? This paper considers producers’ policy preferences and political behavior in light of two key patterns in modern international trade: industries that face import competition often have many exporters, and foreign sales are concentrated in the hands of a small number of “superstar” exporters. Using a new survey of Costa Rican firms matched to systematic firm-level data on export behavior, we find that firm features are generally more important predictors of attitudes toward trade liberalization than industry-wide comparative advantage. We also show that export intensity is strongly associated with interest and lobbying activity on trade policy. The largest exporters, who are the strongest supporters of global integration, dominate trade politics.Link

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Globalization and Wage Inequality

Globalization and Wage Inequality. Elhanan Helpman, December 9, 2016, Paper, “Globalization has been blamed for rising inequality in rich and poor countries. Yet the views of many protagonists in this debate are not based on evidence. To help form an evidence-based opinion, I review in this paper the theoretical and empirical literature on the relationship between globalization and wage inequality. While the initial analysis that started in the early 1990s focused on a particular mechanism that links trade to wages, subsequent studies have considered several other channels, and the quantitative assessment of the size of these influences has been carried out in multiple studies. Building on this research, I conclude that trade played an appreciable role in increasing wage inequality, but that its cumulative effect has been modest, and that globalization does not explain the preponderance of the rise in wage inequality within countries.Link

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Harnessing the Best of Globalization

Harnessing the Best of Globalization. William Kerr, Fall 2016, Paper, “Executives in large companies are seeking to harness globalization in new ways when launching their ventures — and for good reason. The opportunities for global businesses are expanding thanks to rapidly emerging product markets, the worldwide race for talent, and the widening impact of digitization. Moreover, success stories such as Airbnb Inc., Uber Technologies Inc., and Rocket Internet SE are spurring the imaginations of new entrepreneurs while highlighting the vulnerability of many traditional businesses.Link

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Digital Labor Markets and Global Talent Flows

Digital Labor Markets and Global Talent Flows. William Kerr, Christopher Stanton, October 2016, Paper, “We review the rapid development of digital labor markets that connect companies and contractors on a global basis. We describe the environment in which these markets have taken root, the micro- and macro-level studies of their operations, their ongoing evolution and recent trends, and also perspectives for undertaking research with micro-data from these labor platforms. Digital labor markets are an exciting frontier for global talent flows and growing rapidly in importance.Link

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On the Geography of Global Value Chains

On the Geography of Global Value Chains. Pol Antras, 2016, Paper, “This paper studies the optimal location of production for the different stages in a sequential global value chain. We develop a general-equilibrium model featuring a proximity-concentration tradeoff: slicing global value chains across countries allows to better exploit agglomeration economies, but such fragmentation comes at the cost of increased transportation costs. We show that, other things equal, it is optimal to locate relatively downstream stages of production in relatively central or well-connected locations, while upstream stages of production are optimally assigned to more remote locations.Link

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Put Globalization to Work for Democracies

Put Globalization to Work for Democracies. Dani Rodrik, September 17, 2016, Opinion, “A Chinese student once described his country’s globalization strategy to me. China, he said, opened a window to the world economy, but placed a screen on it. The country got the fresh air it needed — nearly 700 million people have been lifted from extreme poverty since the early 1980s — but kept mosquitoes out. China benefited from the flourishing of trade and investment across national borders. For many, this was the magic of globalization.Link

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