How Has Globalisation Affected Emerging Market Economies?
29 Pages Posted: 13 Feb 2019
Date Written: December 21, 2018
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: Suggested Citation