Globalisation and Deglobalisation

369 Pages Posted: 13 Feb 2019

Date Written: December 21, 2019


Globalisation has had a profound effect on economic outcomes, especially in emerging market economies (EMEs). In particular, it is widely acknowledged to have been a major driver of the strong income growth and reduction in poverty witnessed in EMEs in the past few decades. Despite these benefits, there has recently been a backlash against globalisation and growing support for inward looking policies in many parts of the world. Against this backdrop, this volume takes stock of the EME experience with two facets of globalisation-trade and migration. It summarises different country experiences with regard to the aggregate as well as distributional consequences. In doing so, it highlights several examples and avenues for policy action to continue to harness the benefits of globalisation while limiting the costs.

Background Papers
Globalisation and Deglobalisation in Emerging Market Economies: Facts and Trends
How Has Globalisation Affected Emerging Market Economies?

Contributed Papers
Globalisation, Growth and Inequality from an Emerging Economy Perspective
Globalisation and Deglobalisation- Brazil
Globalisation and the Chilean Economy
How Globalisation has Affected China and Related Policy Issues
International Trade Networks and the Integration of Colombia into Global Trade
Foreign Capital and Domestic Productivity in the Czech Republic
Assessing the Impact of Globalisation: Lessons from Hong Kong
The External and Domestic Drivers of Inflation: The Case Study of Hungary
Globalisation and Deglobalisation: The Indonesian Perspective
Measuring the Importance of Global Factors in Determining Inflation in Israel
Foreign Workers in the Korean Labour Market: Current Status and Policy Issues
Globalisation and Deglobalisation- Malaysia
Globalisation and Consumption Risk-Sharing in Emerging Market Economies
Peru’s Commercial Opening: The Story of Two Sectors
The Globalisation Experience and Its Challenges for the Philippine Economy
Globalisation and the Polish Economy: Macro and Micro Growth Effects
Globalisation and Deglobalisation- Russia
Macroeconomic and Distributional Effects of Globalisation
Globalisation in a Small Open Economy: The Singapore Experience
Globalisation and Deglobalisation- South Africa
Weighing Up Thailand’s Benefits from Global Value Chains
Globalisation and Deglobalisation- Turkey

Keywords: globalisation, trade, migration

JEL Classification: F60, F61, F62, F68

Suggested Citation

Settlements, Bank for International, Globalisation and Deglobalisation (December 21, 2019). BIS Paper No. 100, Available at SSRN:

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