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.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.