As the world becomes more connected, globalization has become a daily reality for people in every corner of Earth. But while globalization — described by Peterson Institute for International ...

For one thing, some of its theoretical advantages appear to be just that: theoretical. In principle, financial globalization allows savers in rich countries to reap high returns in fast-growing ...

To get beyond the polemics, we put together a framework for analyzing the vast and growing body of studies about the costs and benefits of financial globalization. Our framework offers a fresh ...

International trade has a range of advantages and disadvantages.