Originally published in 1998. This collection of outstanding essays
explores the importance of regionalization and globalization to the
world economy. International contributions explore the process of
regionalization in the Pacific Area, The Americas, Africa and
Europe, and question whether the world economy is characterized by
increasing regionalization, rather than globalization. The book is
an excellent contribution to debate on development economics. It
investigates how the processes of globalization and
regionalization, driven by liberalization of trade and capital
markets, weaken nationally established monopolies and protected
industries and it looks at the challenge to Third World nations and
the countries of the former socialist bloc.
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