Abstract‘Globalisation’ has become fashionable. Enthusiasts speak of the borderless world, no more national frontiers, the whole world one market. More sober versions refer to the fact that, with liberalisation of markets and the information revolution, the ease and speed with which goods and services, and capital, move from one country to another has greatly increased. But there is much confusion in the literature about the causes and effects of this development. This paper attempts to sort out both, especially in relation to short and long-term capital movements. The concluding section addresses some of the hostile reactions that ‘globalisation’ has provoked.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Australia-Japan Research Centre, Crawford School of Public Policy, The Australian National University in its series Asia Pacific Economic Papers with number 275.
Length: 18 pages
Date of creation: Jan 1998
Date of revision:
Find related papers by JEL classification:
- F0 - International Economics - - General
You can help add them by filling out this form.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jill Mowbray-Tsutsumi).
If references are entirely missing, you can add them using this form.