Increasing Globalisation and its Economic Implications. This project will focus on globalisation and its economic implications. We will: (a) propose definitions and measure of the ?degree of globalization", (b) examine its relationship with the degree of uncertainty facing an economy, (c) study the effects of globalisation and uncertainty on productivity growth, (d) examine the effects of uncertainty on the economy and (f) provide empirical applications for the Australian economy. Our project wi ....Increasing Globalisation and its Economic Implications. This project will focus on globalisation and its economic implications. We will: (a) propose definitions and measure of the ?degree of globalization", (b) examine its relationship with the degree of uncertainty facing an economy, (c) study the effects of globalisation and uncertainty on productivity growth, (d) examine the effects of uncertainty on the economy and (f) provide empirical applications for the Australian economy. Our project will provide an important, innovative and comprehensive examination of globalization and its economic effects. In addition to making novel theoretical and empirical contributions, it will also facilitate meaningful analyses of policy issues in Australia.Read moreRead less