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The World Economy: Challenges of Globalization and Regionalization

The World Economy: Challenges of Globalization and Regionalization

Hardcover

Economics

ISBN10: 0333628918
ISBN13: 9780333628911
Publisher: Springer Nature
Published: Jun 5 1996
Pages: 240
Weight: 0.98
Height: 0.63 Width: 5.50 Depth: 8.50
Language: English
The process of globalization can be seen in the increase of: trade interdependence, the importance of global multinational corporations, mobility and volatility of capital flows (with dangers demonstrated by the recent Mexican crisis). This globalization creates both dangers and new opportunities, both winners and losers. The parallel growth of regional blocs is equally hazardous, particularly for countries left outside the regional blocs. The book, with contributions by eminent experts, describes the impact of both globalization and regionalization and the relationship between these two dominant trends.

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