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Globalization: Too Much or is it too Little?

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  • Syrquin Moshe

Abstract

Economic globalization is defined by market integration. This paper argues that, the rapid degree of globalization notwithstanding, integration still falls considerably short of theoretical expectations. For low income countries, the limited participation in the globalization process reflects the limited spread of Modern Economic Growth. Antimarket rhetoric and signs of a retreat of the rationalistic outlook do not augur well for a broader and more equitable spread of globalization.

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  • Syrquin Moshe, 2005. "Globalization: Too Much or is it too Little?," Economia politica, Società editrice il Mulino, issue 1, pages 25-42.
    • Handle: RePEc:mul:jb33yl:doi:10.1428/19335:y:2005:i:1:p:25-42
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    More about this item

    JEL classification:

    • F1 - International Economics - - Trade
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
    • F15 - International Economics - - Trade - - - Economic Integration

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