In an era of globalization, trade in goods and cross-border services and capital flows play a key role in determining the economic growth path of countries. Ove

This compelling two-volume collection presents the major literary contributions to the economic analysis of the consequences of trade liberalization on growth,

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

We test the effect of foreign direct investment (FDI) on economic growth in a cross-country regression framework, utilizing data on FDI flows from industrial co

This books presents a theory of economic development very different from the "stages of growth" hypothesis or strategies emphasizing foreign aid, trade, or regi