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Globalization

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Abstract

This paper looks at some aspect of globalisation. After a discussion on its definition, the first part highlights historical evolution of globalisation in its major components (trade flows, foreign direct investments, portfolio movements and migration). The evidence shows that (1) globalisation its not new; (2) it is not irreversible; (3) the new elements in the last phase of globalisation are the low international mobility of labour, the changes in trade policy, the relevance in financial capita movement and their role in financial crisis. In the second part, the paper shows how poverty has not increased around the world (even if its level reaches dimension requiring a humanitarian attention). Inequality around the world is increased in the last two hundred years with an inversion in its trend in the last twenty years. In the third part, the paper analyses the role of economic actors at the international level. The problem of accountability and representatively both of governmental and non governmental organisation is analysed. A short guide to information available on the web closes the paper.

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Bibliographic Info

Paper provided by Cattaneo University (LIUC) in its series LIUC Papers in Economics with number 112.

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Length: 49 pages
Date of creation: Jul 2002
Date of revision:
Handle: RePEc:liu:liucec:112

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Cited by:
  1. Lichter, Andreas & Peichl, Andreas & Siegloch, Sebastian, 2014. "The own-wage elasticity of labor demand: A meta-regression analysis," ZEW Discussion Papers 14-016, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
  2. Alexander Hijzen & Paul Swaim, . "Offshoring, Labour Market Institutions and the Elasticity of Labour Demand," Discussion Papers 08/05, University of Nottingham, GEP.
  3. Rosario Crinò, 2007. "Offshoring, Multinationals and Labor Market: A Review of the Empirical Literature," KITeS Working Papers 196, KITeS, Centre for Knowledge, Internationalization and Technology Studies, Universita' Bocconi, Milano, Italy, revised Jan 2007.
  4. Giovanna Vallanti, 2005. "Capital Mobility and Unemployment Dynamics: Evidence from a Panel of OECD Countries," CEP Discussion Papers dp0684, Centre for Economic Performance, LSE.
  5. Barba Navaretti, Giorgio & Checchi, Daniele & Turrini, Alessandro Antonio, 2003. "Adjusting Labour Demand: Multinational versus National Firms- A Cross-European Analysis," CEPR Discussion Papers 3751, C.E.P.R. Discussion Papers.
  6. Fay Dunkerley & Amihai Glazer & Stef Proost, 2010. "What Drives Gasoline Prices?," Working Papers 091005, University of California-Irvine, Department of Economics.

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