The Two Faces of Globalization: Against Globalization as We Know It
AbstractThe paper shows that the current view of globalization as an automatic and benign force is flawed: it focuses on only one, positive, face of globalization while entirely neglecting a malignant one. The two key historical episodes that are adduced by the supporters of the âglobalization as it isâ (the Halcyon days of the 1870-1913, and the record of the last two decades of development) are shown to be misinterpreted. The âHalcyon daysâ were never Halcyon for those who were âglobalizedâ through colonization since colonial constraints prevented them from industrializing. The record of the last two decades (1978- 1998) is shown to be almost uniformly worse than that of the previous two (1960-78).
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Bibliographic InfoArticle provided by Elsevier in its journal World Development.
Volume (Year): 31 (2003)
Issue (Month): 4 (April)
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Web page: http://www.elsevier.com/locate/worlddev
Other versions of this item:
- Branko Milanovic, 2003. "The Two Faces Of Globalization: Against Globalization As We Know It," Development and Comp Systems 0303007, EconWPA.
- F02 - International Economics - - General - - - International Economic Order; Noneconomic International Organizations;; Economic Integration and Globalization: General
- N30 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - General, International, or Comparative
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