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Has globalization created a borderless world?

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  • Janet Ceglowski

Abstract

Globalization. The word often conjures up an image of a worldwide society--no boundaries, no borders, no barriers. Economically speaking, in a truly borderless world, financial capital, production activities, and labor would flow as easily between countries as they do within a country. But is this picture of an economic \\"global village\\" accurate? Not quite, according to Janet Ceglowski. In this article, she explains why, despite the expansion of international economic activity in recent years, we haven't yet achieved a barrier-free world

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  • Janet Ceglowski, 1998. "Has globalization created a borderless world?," Business Review, Federal Reserve Bank of Philadelphia, issue Mar, pages 17-27.
    • Handle: RePEc:fip:fedpbr:y:1998:i:mar:p:17-27
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