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Globalisation and deglobalisation

Bank for International Settlements

No 100 in BIS Papers from Bank for International Settlements

Abstract: Globalisation has had a profound effect on economic outcomes, especially in emerging market economies (EMEs). In particular, it is widely acknowledged to have been a major driver of the strong income growth and reduction in poverty witnessed in EMEs in the past few decades. Despite these benefits, there has recently been a backlash against globalisation and growing support for inward looking policies in many parts of the world. Against this backdrop, this volume takes stock of the EME experience with two facets of globalisation-trade and migration. It summarises different country experiences with regard to the aggregate as well as distributional consequences. In doing so, it highlights several examples and avenues for policy action to continue to harness the benefits of globalisation while limiting the costs.

Date: 2018 Written 2018-12
ISBN: ISBN 978-92-9259-230-1
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Chapters in this book:

Globalisation and deglobalisation in emerging market economies: facts and trends , pp 1-25 Downloads
Yavuz Arslan, Juan Contreras, Nikhil Patel and Chang Shu
How has globalisation affected emerging market economies? , pp 27-55 Downloads
Yavuz Arslan, Juan Contreras, Nikhil Patel and Chang Shu
Globalisation, growth and inequality from an emerging economy perspective , pp 57-69 Downloads
Central Bank of Argentina
Globalisation and deglobalisation , pp 71-82 Downloads
Central Bank of Brazil
Globalisation and the Chilean economy , pp 83-100 Downloads
Joaquin Vial
How globalisation has affected China and related policy issues , pp 101-104 Downloads
The People’s Bank of China
International trade networks and the integration of Colombia into global trade , pp 105-123 Downloads
Andrés Murcia, Hernando Vargas-Herrera and Carlos León
Foreign capital and domestic productivity in the Czech Republic , pp 125-137 Downloads
Mojmír Hampl and Tomas Havranek
Assessing the impact of globalisation: Lessons from Hong Kong , pp 139-147 Downloads
Lillian Cheung, Eric Wong, Philip Ng and Ken Wong
The external and domestic drivers of inflation: the case study of Hungary , pp 149-172 Downloads
Erzsébet Éva Nagy and Veronika Tengely
Globalisation and deglobalisation: the Indonesian perspective , pp 173-182 Downloads
Dody Budi Waluyo
Measuring the importance of global factors in determining inflation in Israel , pp 183-208 Downloads
Nadine Baudot-Trajtenberg and Itamar Caspi
Foreign workers in the Korean labour market: current status and policy issues , pp 209-221 Downloads
Seung-Cheol Jeon
Globalisation and deglobalisation , pp 223-229 Downloads
Central Bank of Malaysia
Globalisation and consumption risk-sharing in emerging market economies , pp 231-244 Downloads
Manuel Ramos-Francia and Santiago Garcia-Verdu
Peru’s commercial opening: the story of two sectors , pp 245-257 Downloads
Renzo Rossini, Zenon Quispe, Hiroshi Toma and Cesar Vasquez
The globalisation experience and its challenges for the Philippine economy , pp 259-272 Downloads
Diwa C Guinigundo
Globalisation and the Polish economy: macro and micro growth effects , pp 273-289 Downloads
Piotr Szpunar and Jan Hagemejer
Globalisation and deglobalisation , pp 291-310 Downloads
Bank of Russia
Macroeconomic and distributional effects of globalisation , pp 311-319 Downloads
Saudi Arabian Monetary Authority
Globalisation in a small open economy: the Singapore experience , pp 321-329 Downloads
Edward Robinson
Globalisation and deglobalisation , pp 331-343 Downloads
South African Reserve Bank for International Settlements
Weighing up Thailand’s benefits from global value chains , pp 345-354 Downloads
Bank of Thailand
Globalisation and deglobalisation , pp 355-362 Downloads
Central Bank of the Republic of Turkey

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