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 “globalization as it is” (the Halcyon days of the 1870-1913, and the record of the last two decades of development) are shown to be misinterpreted. The “Halcyon days” were never Halcyon for those who were “globalized” 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 InfoPaper provided by EconWPA in its series Development and Comp Systems with number 0303007.
Length: 43 pages
Date of creation: 29 Mar 2003
Date of revision:
Note: Type of Document - Word; prepared on IBM PC ; to print on PostScript; pages: 43; figures: included
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globalization; world; growth; development theory; convergence;
Other versions of this item:
- Milanovic, Branko, 2003. "The Two Faces of Globalization: Against Globalization as We Know It," World Development, Elsevier, vol. 31(4), pages 667-683, April.
- 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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