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Does Openness Mean That Domestic Prices are Determined Abroad?

In: Growth and Development in the Global Economy

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  • Harry Bloch
  • Michael Olive

Abstract

What are the forces behind the increasing globalization of economic life? How does globalization affect the functioning of national economies? What difficulties confront government policymakers in dealing with the global economy? These issues are addressed in this volume by leading specialists. The contributors present a range of unique and varied perspectives from which they consider aspects of the increasing integration of economic life, exploring implications for the functioning of domestic markets in a rapidly changing global economy. The result is a collection of insights that provide a framework for understanding globalization as an economic phenomenon.

Suggested Citation

  • Harry Bloch & Michael Olive, 2003. "Does Openness Mean That Domestic Prices are Determined Abroad?," Chapters, in: Harry Bloch (ed.), Growth and Development in the Global Economy, chapter 5, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:2729_5
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    Keywords

    Economics and Finance;

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