This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses an empirical strategy based on an error co

From one of the most respected economic thinkers and writers of our time, a brilliant argument about the history and future of economic growth. The years since

This study expands the empirical specification of Cerra and Saxena (2008), and allows short-term output growth regimes to be determined by globalization. Relyin