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The Assessment: How Far Has Globalization Gone?

Abstract:

There is a widespread perception that international economic integration has been proceeding faster and further than ever before. A careful examination of the appropriate indicators reveals that such a dramatic account of recent developments applies only exceptionally (notably to China); the general rule is for steadily increasing trade shares and foreign investment, which still leaves the majority of workers employed in sheltered sectors. Differences in rates of social spending have survived...

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Journal:
Oxford Review of Economic Policy
Volume:
20
Publication date:
2004-01-01
URN:
uuid:d9c2f71a-d0ab-432b-ac79-6618f4d224f7
Local pid:
oai:economics.ouls.ox.ac.uk:12833

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