How Has Globalisation Affected Emerging Market Economies?

29 Pages Posted: 13 Feb 2019

See all articles by Yavuz Arslan

Yavuz Arslan

University of Liverpool Management School

Juan Contreras

Bank for International Settlements (BIS) - Monetary and Economic Department

Nikhil Patel

Bank for International Settlements (BIS)

Chang Shu

Independent

Date Written: December 21, 2018

Abstract

This paper analyses various facets of the economic impact of globalisation in EMEs, focussing in particular on international trade and migration. It covers both aggregate (growth and inflation) and distributional (inequality, sectoral concentration) effects. The paper concludes with a discussion of policy implications that can be drawn from the analysis, and the possible risk of de-globalisation given the recent backlash against globalisation in various parts of the world.

Full Publication: Globalisation and Deglobalisation

Keywords: Globalisation, growth, sectoral concentration, inequality, migration

JEL Classification: F6

Suggested Citation

Arslan, Yavuz and Contreras, Juan and Patel, Nikhil and Shu, Chang, How Has Globalisation Affected Emerging Market Economies? (December 21, 2018). BIS Paper No. 100b, Available at SSRN: https://ssrn.com/abstract=3331767

Yavuz Arslan (Contact Author)

University of Liverpool Management School ( email )

Juan Contreras

Bank for International Settlements (BIS) - Monetary and Economic Department ( email )

Centralbahnplatz 2
CH-4002 Basel
Switzerland

Nikhil Patel

Bank for International Settlements (BIS) ( email )

Centralbahnplatz 2
Basel, Basel-Stadt 4002
Switzerland

Chang Shu

Independent ( email )

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