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Handbook of Economic Growth by Steven Durlauf, Philippe Aghion

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Chapter 8

Growth from Globalization? A View from the Very Long Run

Christopher M. Meissner,    Department of Economics, University of California, Davis and NBER, Davis, CA 95616, USA

Abstract

What is the connection between different forms of globalization, economic growth, and welfare? International trade, cross-border capital flows, and labor movements are three areas in which economic historians have focused their research. I critically summarize various measures of international integration in each of these spheres. I then move on to discuss and evaluate the ongoing and active debate about whether globalization is significantly associated with growth in the past. I pay particular attention to the role of globalization in the Great Divergence, ...

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