Search Results
Speech
Beyond the crisis: reflections on the challenges
Checki, Terrence J.
(2009)
Remarks at the Foreign Policy Association Corporate Dinner, New York City
Speech
, Paper 8
Speech
Racing to the top: how global competition disciplines public policy
Fisher, Richard W.
(2006)
Remarks before the Dallas Friday Group, Dallas, Texas, April 11, 2006 ; "Competition brings benefits to the public sector the same way it does the private sector. Because factors of production are increasingly mobile in an era of globalization, governments vie to gain and hold onto them. Mobile factors will flee economies that burden them with high taxes, excessive regulation and capricious administration. They gravitate toward countries that offer the best opportunities to increase profits or paychecks. The economic benefits of productive factors give nations strong incentives to maintain ...
Speeches and Essays
, Paper 56
Speech
Global economic integration and decoupling: a speech at the International Research Forum on Monetary Policy, Frankfurt, Germany, June 26, 2008
Kohn, Donald L.
(2008)
Speech
, Paper 416
Newsletter
Economic globalization
Gascon, Charles S.
(2007-11)
Globalization has been covered heavily in the news recently, with special focus on the rise of China in the global economy and the sense of more job insecurity in the United States.
Liber8 Economic Information Newsletter
, Issue Nov
Report
Globalized banks: lending to emerging markets in the crisis
Goldberg, Linda S.; Cetorelli, Nicola
(2009)
As banking has become more globalized, so too have the consequences of shocks originating in home and host markets. Global banks can provide liquidity and risk-sharing opportunities to the host market in the event of adverse host-country shocks, but they can also have profound effects across international markets. Indeed, global banks played a significant role in the transmission of the current crisis to emerging-market economies. Flows between global banks and emerging markets include both cross-border lending, which has long been recognized as responding significantly to shocks at home or ...
Staff Reports
, Paper 377
Speech
Trade deficits and the health of the U.S. economy
Fisher, Richard W.
(2006)
Remarks before the Little Rock Rotary Club, Little Rock, February 14, 2006 ; "If we create the conditions to let our private sector do what it does by its very nature--constantly adapt and reposition itself--then we have nothing to fear from competition from our trading partners, including those with whom we presently run big deficits.">
Speeches and Essays
, Paper 79
Journal Article
Interview with Kenneth Rogoff
Clement, Douglas
(2008-12)
Interview with Harvard economist about financial globalization, risks to central bank independence and the history of financial crises.
The Region
, Volume 22
, Issue Dec
, Pages 18-29
Discussion Paper
Globalization, aggregate productivity, and inflation
Cox, W. Michael
(2007-03)
This paper investigates the effects of globalization on aggregate productivity, output growth, and inflation. I present a simple two-country, two-good, flexible exchange rate model using Fisher Ideal aggregators to examine changes in the mapping from microeconomic to macroeconomic productivity growth as nations globalize. Advances in industry-specific labor productivity are shown to have potentially a much greater pass-through to aggregate productivity, output, and prices the more open nations are to trade. Globalization raises both the level and growth rate of aggregate productivity by ...
Staff Papers
, Issue Mar
Working Paper
Globalization of production and the technology transfer paradox
Lai, Edwin L.-C.
(2008)
This paper develops a growth model aimed at understanding the effects of globalization of production on rate of innovation, distribution of labor income between the North and South and welfare of workers in both regions. We adopt a dynamic general equilibrium product cycle model, assuming that the North specializes in innovation and the South specializes in imitation. Globalization of production resulting from trade liberalization and imitation of the North?s technology by the South increases the rate of innovation. When the South?s participation in the product cycle is not too deep, further ...
Working Papers
, Paper 0810
Conference Paper
The future of economic convergence
Rodrik, Dani
(2011)
Proceedings - Economic Policy Symposium - Jackson Hole
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