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Globalisation: Past And Present

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  • Dilip K. Das

Abstract

This article compares and contrasts the two modern eras of globalisation, namely the one that started in the mid‐nineteenth century and ended on the eve of World War I, and the contemporary era. Although in both periods globalisation brought down national barriers and integrated economies and societies, there were distinct characteristic features of both periods. For example, the scale of global integration through trade and financial channels during the contemporary era was unmatched by the previous phase of globalisation. Furthermore, never in history had global integration involved so many countries and people, both in absolute numbers and as a percentage of the global population.

Suggested Citation

  • Dilip K. Das, 2010. "Globalisation: Past And Present," Economic Affairs, Wiley Blackwell, vol. 30(1), pages 66-70, March.
    • Handle: RePEc:bla:ecaffa:v:30:y:2010:i:1:p:66-70
    DOI: 10.1111/j.1468-0270.2009.01976.x
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    References listed on IDEAS

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    1. Jeffrey G. Williamson, 2002. "Winners and Losers Over Two Centuries of Globalization," NBER Working Papers 9161, National Bureau of Economic Research, Inc.
    2. Chris Alexander & Ken Warwick, 2007. "Governments, Exports and Growth: Responding to the Challenges and Opportunities of Globalisation," The World Economy, Wiley Blackwell, vol. 30(1), pages 177-194, January.
    3. Dilip K. Das, 2007. "The Evolving Global Trade Architecture," Books, Edward Elgar Publishing, number 12686, March.
    4. Keohane, Robert O., 2001. "Governance in a Partially Globalized World," American Political Science Review, Cambridge University Press, vol. 95(1), pages 1-13, March.
    5. Paul R. Krugman, 2008. "Trade and Wages, Reconsidered," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 39(1 (Spring), pages 103-154.
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    Cited by:

    1. Balkrishna Rao, 2014. "Alleviating Poverty in the Twenty-First Century Through Frugal Innovations," Challenge, Taylor & Francis Journals, vol. 57(3), pages 40-59.

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