The process of globalisation in the last quarter of a century is without historical precedent. Do you agree?
Globalisation is a wildly popular subject of discussion in today's literature. It is a phenomenon which has many different dimensions, which include economic, cultural, environmental and political issues. There is a wide spectrum of different opinions about its origins, present effects and future outcomes. Moreover, almost every globalisation aspect is a subject of a very heated academic
showed first 75 words of 1943 total
showed last 75 words of 1943 total
amp;lt;Tab/&gt;Obstfeld M. and Taylor A., 1997, "The Great Depression as a Watershed", NBER Working Paper 5960.
8)&lt;Tab/&gt;Sachs, J. D. and Warner, A. M.,1995, "Economic reform and the process of global integration", Brookings Papers on Economic Activity.
All the graphs taken from WDI 1999, IMF.
Figures 2 and 3 show a strong correlation between the growth of international economic flows and the liberalization of foreign economic policies around the world.