The economic and social costs of globalisation

A target zone analysis

Datos Bibliográficos

ID21543755
AutoresPompeo Della Posta (0000-0002-5379-7338, Department of Economics and Management University of Pisa Pisa Italy, autor de correspondencia)
Año2021
Volumen44
Número3
Páginas633-644
Fecha de publicación2021-03-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaWorld Economy (JOURNAL)
Identificadores de la revistaISSN: 0378-5920 • E-ISSN: 1467-9701
EditorialWiley (PUBLISHER • GB)
DOI10.1111/twec.13008
OpenAlexW3042236159
IdiomaEN
Citas recibidas1
Referencias citadas23

This paper adopts a target zone approach to analyse and interpret the current phase of slowdown, if not retreat, of economic globalisation. A ‘honeymoon’ emerges when a credible limit is imposed on its economic and social costs. Conversely, if the upper cost threshold is not set credibly, a ‘divorce’ from economic globalisation emerges earlier than if no target is taken into account. Such a second case represents the recent events

Economic globalization · Economics · Globalization · Honeymoon · Market economy · Political science · Global Financial Crisis and Policies · Global trade and economics · Law