The Financial Times says "globalization needs more than PR to be sold to its losers." It is referring to a statement by OECD secretary general Angel Gurria that "the [globalization] story has to be told better." You know something is going on when the FT berates globalization's cheerleaders for their complacency.
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June 20, 2007
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I have a unrelated question:
In your paper "Growth Diagnostics", it says on page 8 "In the appendix we sketch the simplest possible endogenous growth model with a number of distortions."
Where is this appendix?
Posted by: Michael Greinecker | June 21, 2007 at 03:18 AM
There's also an interesting article on this subject in the current issue of Foreign Affairs by Kenneth F. Scheve and Matthew J. Slaughter. They argue that the unevenly distributed gains from globalization led to more protetionism and propose a "New Deal for Globalization" that would redistribute income via the tax system.
Posted by: Nico Luchsinger | June 23, 2007 at 09:20 AM
No matter how many times you are going to tell me that it is raining while pissing on my leg, you are still pissing on my leg.
Better PR is not going to change that.
Posted by: mik | June 24, 2007 at 04:39 PM
I am a victim of the H1-B visa program, which is to say, I am a victim of Globalization.
I want revenge.
You may classify this desire as an "exogenous variable" for the purposes of modeling its possible impact.
-dave
Posted by: Dave | July 09, 2007 at 07:56 PM