Activity: Talk or presentation › Invited talk › Academic
Description
This paper hypothesizes that globalization and deglobalization are alternating phases of the world economic system and studies the world trade collapses in the 1930s (Great Depression). 2008/9 (Great Recession) and 2020 (The lockdowns during the COVID-19 pandemic). The paper provides a historical context, reports some econometric findings and analyses the trajectories of world trade noting that resilience has clearly increased possibly due to wiser policies, new institutions and the role of international value chains. It suggests some implications for the hypothesis of the Liberal Peace in relation with the Resource Curse.
Period
29 Oct 2022
Event title
“Globalization in Decline?”, University of Erfurt, October 29, 2022