Winners and Losers in Globalization

Foreword vi
Paul Krugman

Introduction viii

1 What Is Globalization? 1

2 Globalization and Economic Growth 10

3 Globalization, Real Convergence, and Income Distribution 28

4 Globalization, Employment, and Labor Markets 50

5 Globalization and the Size of Firms: Multinationals 72

6 Globalization, State, and Government 86

7 Globalization and Economic Policy 98

8 Globalization and Exchange Rates 109

9 Globalization and Financial Crises 119

10 Globalization and Culture 166

11 Who Wins and Who Loses in Globalization? 177

Bibliography 190

Index 218