Econ 210a: Spring 2012: U.C. Berkeley: March 21, 2012: Globalization and Crisis
March 21. Globalization and Crisis (DeLong)
Globalization:
Douglas Irwin (1998), “Did Late Nineteen Century U.S. Tariffs Promote Infant Industries? Evidence from the Tinplate Industry,” NBER Working Paper no. 6835 (December). http://www.nber.org/papers/w6835
Richard Baldwin and Philippe Martin (1999), “Two Waves of Globalization: Superficial Similarities, Fundamental Differences,” NBER Working Paper no.6904 (January). http://www.nber.org/papers/w6904
Crisis:
- Barry Eichengreen and Michael Bordo (2002), “Crises Now and Then: What Lessons from the Last Era of Financial Globalization?” NBER Working Paper no. 8716 (January). http://www.nber.org/papers/w8716
Memo Question for March 21, 2012::
From our present perspective, what did Barry Eichengreen and Michael Bordo miss back in 2002 when they tried to draw lessons for the then future about financial crises from the pre-1914 record of growth, development, and financial deepening?