Category Archives: Globalization

Global Weather Disruptions, Food Commodity Prices, and Economic Activity: A Global Warning For Advanced Countries

Examines the macroeconomic effects of global food commodity price increases that are caused by global harvest and weather disruptions, and finds that the decline in economic activity is substantial and greater in advanced than in low-income countries.

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Imperialism Then and Now: Drain of Wealth, Depression, The Role of the State and Globalization

Yves here. This is the second section of the GPENewdoc historical series on imperialism and capitalism. You can find Part 1 here. By Lynn Fries. Originally published at GPENewsdocs Prabhat Patnaik explains how the colonial system led to depression. Then, in advanced countries governments stepped in to increase demand and productivity, but how unless the […]

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