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Key Readings


Anti-Liberalism Old and New
This essay, by David Henderson, former OECD Chief Economist, is concerned with the evolution of economic policies across the world. Within this large subject area, his chosen theme, his perspective for viewing and judging events is the changing fortunes of economic liberalism - that is, the ever shifting balance within economic policies between liberalism and interventionism.(103 kb PDF)

 


Assessing Globalization
This series of World Bank Briefing Papers looks at how to define globalization and then assesses three leading questions about globalization by looking at the evidence from a large number of countries. These papers concentrate on the international trade dimension of globalization; subsequent Briefing Papers will look at other dimensions and questions about globalization.

Part 1: What is Globalization? (174 kb PDF)
Part 2: Does More International Trade Openness Increase World Poverty? (215 kb PDF)
Part 3: Does More International Trade Openness Worsen Inequality (161 kb PDF)
Part 4: Is Globalization Causing A 'Race To The Bottom' In Environmental Standards (191 kb PDF)?
PREM Economic Policy Group and Development Economics Group, World Bank Group


Foreign Direct Investment: Good Cholesterol?
Ricardo Hausmann and Eduardo Fernandez-Arias from IDB challenge the conventional wisdom that higher share of FDI in total private capital flows is an indication of better macroeconomic environment. (98 kb PDF)


Globalization and Inequality: Are They Linked and How?
Lundberg, M. and B. Milanovic. 2000. World Bank: Washington, DC.: An article by World Bank economist Branko Milanovic shedding some empirical and substantive light on the links between globalization and inequality.


Globalization and the Challenge for Developing Countries
In this paper, Shahid Yusuf proposes a useful framework to address the key issues related to globalization. First, drawing on recent research, the paper shows how developing countries could enlarge the gains from globalization by pursuing a multi-pronged approach to embracing globalization. The paper then shows that the benefits from global integration are more likely to be realized if countries seek to embrace the several interrelated elements of globalization together rather than in a sequenced manner. (102 kb PDF)


Globalization, Growth and Poverty: Building an Inclusive World Economy
Globalization has helped reduce poverty in a large number of developing countries but it must be harnessed better to help the world’s poorest, most marginalized countries improve the lives of their citizens, according to the report Globalization, Growth and Poverty: Building an Inclusive World Economy . This is especially important in the wake of September 11 and the worldwide economic slowdown, which is expected to hit poor people particularly hard.


Measuring Global Integration
A Review of the Literature and Recent Evidence (90 kb PDF)


Poverty in an Age of Globalization
This note reviews the empirical evidence on the impact of globalization on poverty, income distribution and vulnerability.

Read Poverty in an Age of Globalization (90 kb PDF) October 2000, World Bank Group

 


What the Public Should Know About Globalization and the WTO
Discussion Paper No. 460. Research Seminar in International Economics, School of Public Policy, The University of Michigan. July 2000. (129 kb PDF)

 

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