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| Author: | Chui, M. |
| Title: | Globalization: a new growth, new trade perspective |
| Journal: | Economic Outlook
1998 : FEB, VOL. 22:2, p. 16-25 |
| Index terms: | FORECASTING ECONOMICS TRADE |
| Language: | eng |
| Abstract: | The current crisis in Asia has seen the case for more open economic policy come under attack in the developing world. In this article Michael Chui, Paul Levine, Mansoob Murshed, and Joseph Pearlman argue that any reversal of the trend towards globalization would be a great mistake for policymakers. the association of openness with higher growth is one of the most robust empirical results in economics. Here the authors explore the mechanisms that explain this result. |
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