Southwest Economy, Third Quarter 2022
On the Record: A Conversation with Pol Antràs
Pol Antràs is the Robert G. Ory Professor of Economics at Harvard University. He discusses international trade flows and what the evidence suggests about the world economy and the accompanying debate about whether an era of deglobalization may be at hand.
Q. What is globalization?
Globalization is a very broad term that means many things in many fields. In economics, it means that some markets that cleared at the national level are now clearing at the global level. If it’s goods or services markets, then that would be trade integration, the flow of goods and services across countries.
We can also think of…