In this study, Jeffrey G. Williamson examines the political economy
of immigration backlash and immigration policy in two global
centuries. The first, between 1820 and World War I, was a proglobal
environment, characterized by booming trade, labor, and capital
markets. It was followed by an antiglobal and autarchic retreat
between 1914 and 1950. Williamson finds that the second global
century has moved to reclaim world integration in trade and capital
markets, but immigration policy in high-wage countries has not
tried to reclaim an open stance.
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