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UID:53da29dda79bd5e12911d552d41d190c
CATEGORIES:Seminars
CREATED:20240722T095933
SUMMARY:Alberto Martín - CREi, UPF and Barcelona School of Economics
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:\n\nHegemonic Globalization” joint with Fernando Broner, Josefin Meyer y Ch
 ristoph Trebesch\nAbstract:\nWhat is the relationship between hegemonic pow
 er and globalization? We develop a theoretical framework in which countries
  have heterogeneous preferences over political “actions”, such as the type 
 of government (democracy vs. autocracy), industry standards, or regulation.
  Trade between any two countries increases in the similarity of their actio
 ns. The presence of a “hegemon,” i.e., a large economy, prompts alignment i
 n actions and facilitates the transition to a globalized world. In contrast
 , the shift to a multipolar world may cause an unraveling of globalization,
  which may benefit some countries and harm others. We test the theory’s mai
 n prediction on a novel dataset on the near-universe of international treat
 ies, 1800-2020. Our “Global Treaties Database” contains 6,000 multilateral 
 and 68,000 bilateral agreements – a unique new resource for studying intern
 ational coopera- tion. In line with the theory, we find that hegemons drive
  a disproportionate share of treaty-signing, that treaty-signing is signifi
 cantly correlated with international trade, and that countries that sign tr
 eaties with a hegemon trade more, not just with the hegemon, but also with 
 other countries that are aligned with the hegemon.\n
DTSTAMP:20260421T102015Z
DTSTART:20241205T163000Z
DTEND:20241205T180000Z
SEQUENCE:0
TRANSP:OPAQUE
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