Published online in Wiley Online Library (wileyonlinelibrary.com) © 2013 Wiley Periodicals, Inc. • DOI: 10.1002/tie.21535 Correspondence to: Thomas A. Hemphill, University of Michigan-Flint, School of Management, 4169 William S. White Building, Flint, Michigan 48502-1950, 810-762-3282 (phone), 810-762-3282 (fax), thomashe@umfl int.edu China’s National Champions: The Evolution of a National Indu...

The authors propose measures to prevent a clash between the interests of the middle classes that are in decline in the mature economies and the rising ones in emerging markets. The aim is to stop de-globalization trends, avoid protectionism, foster inclusive technological innovation, compensate the losers of globalization in developed economies and reassure the winners in emerging economies. It...

This paper builds a numerical global general equilibrium model to simulate the effects of US-initiated trade protection measures on manufacturing employment. The simulation results show that US reduce employment in US, and these losses will further increase if partners take retaliation measures. Although can demand for domestic manufactured goods because decreased foreign demand, increased cons...